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cowboytim
09-08-2008, 09:30 PM
i have the oppertunity to buy out my buddy. He does 20,000 a month in the summer and 10,000 in the winter snow or no snow. He is about the same size as myself. He is asking 20,000 which I think is fair. What do you all think?? He has contracts that are for 3 more years to a year and a half.

ffemt1271
09-08-2008, 11:01 PM
if he has contracts go fo it, you can pay for it in a month

vrmpsh18
09-08-2008, 11:12 PM
Sounds pretty fair, do you have the employees to handle the added jobs? or would they come along with the purchase?

cowboytim
09-09-2008, 12:09 AM
It is actually one guy working 30 hours a week. I almost think it is to good to be true

sa1lng
09-09-2008, 08:21 AM
It is actually one guy working 30 hours a week. I almost think it is to good to be true

You said your biz was about the same size?... if your accounts / revenues are significantly different, you probably would want to figure out why the difference.