I think I may have stated my original comments wrong. The business up through the end of this season is much larger than the accounts I mentioned. However, as he is either selling or closing entirely he only has the number I referenced lined up for next season at this time. I re-read my post and what I should have put was that I would be purchasing the equipment and he would be giving me the contracts. What he has available are 3 commercial walk behind mowers (2 w/ 52" decks and not sure of the other), 2 trailers (1 enclosed, 1 open), and various tools and equipment, along with all the software he uses. I supply the truck.
The income projection he gave me was based after all expenses and after that 1 employee's salary would be paid.