Yes, very high. Especially if the sales numbers thrown around in this thread are accurate (eg $500m to $1b in sales).
Retail companies historically get relatively low valuations (particularly compared to your typical tech company), in part because the margins tend to be very mediocre in retail.
A software company would typically have margins 5 to 10 times greater than most retail companies. Amazon has been an anomaly in this regard, while they have the terrible margins, they have been rewarded with a massive valuation.
Retail companies historically get relatively low valuations (particularly compared to your typical tech company), in part because the margins tend to be very mediocre in retail.
A software company would typically have margins 5 to 10 times greater than most retail companies. Amazon has been an anomaly in this regard, while they have the terrible margins, they have been rewarded with a massive valuation.