Local businesses don't make that much money
16 Feb 2023 · 0 min
0:15
Short excerpt from a YouTube video by Daniel Fazio arguing that sellers commonly overestimate how much local businesses (e.g., restaurants) earn; he estimates many local restaurants make roughly $3,000–$4,000 per month in profit, with some making less or operating at a loss.
Questions this video answers
Approximately $3,000–$4,000 per month in profit, though possibly less or negative.
