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Old 07-06-2012, 11:26 AM
MowguyLuke MowguyLuke is offline
LawnSite Member
 
Join Date: Jul 2012
Location: Dayton, Ohio
Posts: 2
I'm in the same kind of situation. I live in southwestern Ohio and I'm thinking about selling my landscape company. I recently saw in a newspaper listing a company that was selling for 150% of their gross profits. If I were to do the same, my business would be worth $235,000. But I happen to know for a fact that in this economy nobody is going to fork over that kind of cash for an anual net profit of about $40k. I would be happy to get $100k for my business. I figured my assets are worth about $50-60k and the rest would be the rights to the customers and my reputation. My estimated gross income this year is about $160k.
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