: Inspect the safety equipment (ladders, platforms). Modern OSHA requirements are strict; if an older sign lacks these, you may face immediate upgrade costs.
Valuing a billboard business relies on established industry multiples of (Earnings Before Interest, Taxes, Depreciation, and Amortization) or Gross Revenue .
: Check if the "viewing window" depends on trees on neighboring properties. Without a view easement , a neighbor could plant trees that effectively kill your business. 3. Legal and Regulatory Framework