This question is for the business geeks out there. Is there a standard formula for placing a value on a framing business that is for sale? Is it assets plus three to five years profits? This must get pretty tricky, since many smaller shop have built owner-client relationships that will no longer be there after a sale. Does this mean framing businesses that don't build their customer base on the owner-client relationships will have more value due to the fact they will be Less likely to loose customers? Whether an owners stays on, and/or a long-term saleman stays with the business, must play a role in a service businesses value.