Company annual revenue is $20k a year.
Equipment for the company is valued at $30k.
Takes about 8 hours of work a month. For around $10k I can completely automate the process and have no more work but still receive the income.
I have an offer for $80k.
Should I?
A. Sell
B. Hold
C. Automate and hold onto that sweet sweet 100% passive income forever passing it to my children’s children’s children
Thank you 🙏
Edit: This companies revenue scales with inflation and its profit margin is set in stone.
I’m currently selling all of my companies. Taking the biggest payout I can and hunkering down because winter is definitely coming. Already got offers and ready to move forward.
A note I would encourage, though, is take the money and sit on it for a year or two well watching the real estate market adjust. Hard to purchase cash flowing properties right now. Most investors are sitting out for a few years.
You could also invest in dividend stock, CDs or HYSA in the meantime