View Full Version : Account value???

10-08-2008, 06:47 PM
I am in process of buying about 300 mowing accounts + all the other services total worth $600k. How much should I be paying. What a good deal and whats a STEAL. Any help would be appreciated.

10-08-2008, 07:36 PM
You need to get alot farther into the numbers. What is the gross and net numbers? Why are they getting out ? Equipment included or not , what is actual value of the equipment, are they high on these numbers or right on. Its the end of the season so I would offer less just based on that. Concracts in writting or just good faith? How bad do you want it ? How bad do they need to sell it? Are you sure you can take on 300 accounts ? Will the sign a noncompete ? Sounds like you have alot more to look into.

10-16-2008, 01:43 AM
Check on all of these
Combined Monthly Service Amount?
Average age of accounts?
Covenant Not to Compete Period?
Guarantee Period?
Payment History?