mcw615
Last Activity:
Jun 10, 2014
Joined:
Jun 8, 2009
Posts:
473
Likes Received:
0
Location:
Virginia

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mcw615

LawnSite Senior Member, from Virginia

mcw615 was last seen:
Jun 10, 2014
    1. Mowingman
      Mowingman
      I sold the machinery for what I thought was a fair price. I sold the accounts without contracts for 11% of the "annual gross", averaged over 3 years. I sold the accounts with contracts, and confirmed renewal for 2 years, for the same percentage as above, but got paid for two years of the "annual gross". I got one years fee up front, and the second years fee at the beginning of the second year.
      So, I got a first lump sum for the equipment and accounts up front, and a final payment at the beginning of the second year. I only allowed the deferred payment, because the buyer was a long time friend on mine from our church. Any other buyer, and I would have required all money up front.
      If you have questions, email me directly and I will try to help.
      Jeff thomas
      Mowingman
      jthomasmet@verizon.net
    2. dlbtenn
      dlbtenn
      Did you ever buy a truck?
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    Location:
    Virginia
    Services Your Company Provides:
    • Lawn Mowing
    • Landscape Maintenance
    • Irrigation
    • Landscape Lighting
    • Fertilization
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