It sounds like quality work. If there is a contract in place that guarantees it for at least a year (hopefully more) 4 - 5 times monthly income would be OK I reckon. Even if it all went wrong after a year, you would still earn reasonably OK from it even allowing for the upfront cost. Without guarantees, it's much harder to say. As someone else said, it only takes a change of manager and it can all go down the pan. In that case, much better to pay 20% of the monthly turnover but if you sub it out already, you would probably make more by continuing to do so.
It sounds like some nice work you've got hold of there.