​Thinking of buying a coffee shop. What price makes sense?

If the business is clearing 130k a year in profit and has been in place for 18 years, what should it be worth? It is a cute indie coffee shop that also serves food. It is supposedly completely absentee, as in the owner is never there. The lease is up in two years, but has a 5-year option.

Thank you for any consideration! This is such a huge deal and I am afraid of making the wrong decision.

submitted by /u/Personal-Guidance671
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