Is there an equation that most commercial sellers use to come up with a decent asking price when they sell a cash flowing business?

ASSUMPTIONS"15% down on the property" equates to $175,000 * 15% = $26,250 down payment"I acquired the property for $175,000 and appraisal came in at $200,000

Personally I wouldn't factor the PM fees into the equation.

I recently read 10x by Grant Cardone, who says 10x all your goals and write them twice a day, once in the am and once at night, which equates to 722 times a year and I am sure you will hit all your goals.

Sometimes folks try to make it complicated by trying to equate some sort of financing with cash.When making cash offers you are expected to actually have that cash in a bank account with the same name as on the offer.  

Thats like making 120k/a year if you were to equate that with someone with a regular job (which I have one of those too).And I actually have another buddy that is doing this and he's got an average of 600/mo gross profit.

My father in law has built and rehabbed homes for 30 years, so we have a pretty good handle on the construction part of the equation, but there is always something to learn.We are lacking in knowledge around finding/analyzing deals, structuring deals/creative financing...etc So that is where I plan to focus my time right now on BP while we are still under construction on our first deal. 

You make your money when you buy, whether it be a foreclosure or new mls listing, in excelkent shape or a real dog...you need to know what its ARV is or what it will likely rent for and buy with that and regab costs in the equation.

How would that figure into the equation vs a builder who subcontracts every single item required during the building process?

The fact that you quit your job, juggled uncertainty and left failure out of the equation is amazing.