​Family is making $27k+/month from our Coffee Shop Drive Thru (2 locations). Only want to sell for $1M+… Is that realistic?

Title pretty much says it all. I’m not sure the $1M valuation is realistic but other people have said 7x of annual Net Income ($2.2M) is a realistic sales price. Does anyone have any experience here? The company is branded well (especially for the market), has systems set in place requiring only 1 operator to be paid out of that $27k monthly, and is the highest rated local coffee shop in the area.

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