Considering Buying An Integrator. How Much Should I Pay?

Ive come across an interesting opportunity.

There is a small integration company for sale not too far away. 3 hours or so drive, logical location for expansion.

4 employees including the owner (who does all the selling and has for 20+ years). approx $700-800k in revenues, gross profits of about $250k (including labor costs). One truck, some inventory, he or she calls it $10k worth of inventory. Net earnings seem overstated a bit so I wont go into that part of it. Zero marketing expense should be noted though.

Existing purchase orders are staged over the next couple of years worth approx $900k in gross revenue at substantially the same margin.

Owner willing to stay on for a year to help transition then retire. 2 full time techs and one part time tech.

Zero traditional RMR, but lots of ongoing purchase orders for multiple locations. A massive portion of his revenue comes from 3 clients. past three years appear pretty stable.

I believe it is grossly overvalued at the asking price, but, Im curious what others here think this company is worth.

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**** **** *****.

***** ********