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Old 08-01-2001, 05:18 PM
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Lawn-Scapes Lawn-Scapes is offline
LawnSite Silver Member
Join Date: May 2001
Location: Maryland
Posts: 2,811
We are 50/50.
50% of the resale value of equipment minus 50% of any business debt.

Is $70,000 total gross sales for the year?

That means your 50% is worth $35,000. The going rate (on this forum) seems to be 10% of gross receipts = $3,500

My leaving would mean his income would double next season.
He wouldn't need any help?

Did you guys discuss this possibility when you started up?

Good luck...

establishing roots in the community...
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