Originally Posted by dbiz
There is a guy in my town that is selling part of his lawn care buisness. I dont know all the details but here is what I do know
Two walkers (I do not know size) one has 900hrs the other 2000
2007 Ford 350 with dump bed 200k miles
2009 Ford 450 150k miles with dump bed
16 ft trailer
50 contracts some comercial most residential
Made $100k last year
My questions for you guys are does this sound like a fair price?
Is it a good idea to buy a buisnes or start your own?
How do.you value the contracts? Thanks a lot
if he is selling all the eqipment with what u mentioned that's a fair price...
now did he Net that 100k? or was it gross? also did he do extra jobs or does he get the 100k from the route itself? because i can assure you he most be charging the clients about $200/month per client to gross $100k on top of which he still needs to pay everything else that comes with a business...
but like i said if he includes equipment its a fair price, have a mechanic check everyting before u agree to buy anything... also have him sign an agreement where he wont take your costumers if he eventually decides to go back into the business, actually the document should keep em away from his old costumers and the area he used to service... good luck