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I suppose that is what I am asking. What is a good ROI, how do you calculate it, on profit, turnover, ? Should the buildings be valued separately from the income stream, or as a whole ? The 'experts' notes in the websites I listed aren't necessarily experts. It seems very simplistic. Hence the request for general advice.

I am the property owner, of all the buildings, the owner of the SARL, and run all the gites as well. The buildings where all bought by myself, not through an SCI or anything complicated. The SARL was created and received a large investment of my personal money. The SARL then renovated the gites, pays all the expenses running the gites and receives all the income. I do all the work, marketing, paperwork, cleaning, guests etc, the SARL receives all the income and then I get paid as a shareholder + rental from the lease each year. There is no other third party.

I am going to be selling a successful gite complex I own but I am having real problems valuing the properties and the business. The following links gave some advice, http://www.gite-web.com/runninggitesa.html http://www.frenchentree.com/fe-gitebusiness/DisplayArticle.asp?ID=302 which is basically a 10% return on turnover. E.g. 50,000 turnover gives 500,000 for the gites + market value of house on site. However I've had meetings with a Notaire, Estate Agents and my Accountant and they all seem to scratch their heads and come up with various different figures. The problem being, it's a business sale and a family home for sale. I've got years of audited accounts showing turnover, expenses, profit etc, for the SARL that leases the gites from me and pays me rent. I'm not expecting a price from someone here without figures etc, just anyone who recently sold or bought a gite complex and has any advice or ideas on working out a selling price. Thanks,