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Old 01-24-2013, 08:21 PM
Will P.C. Will P.C. is offline
LawnSite Senior Member
 
Join Date: Jul 2010
Posts: 901
Quote:
Originally Posted by snomaha View Post
Are people speaking from experience or just guessing? 200k in revenue means that the owner is still very active in the day to day - the face of the company. With the limited info we have I would say that the estimates are way overvalued.
I was just throwing out a number since there are major details we don't know
He has 60k in equipment/trucks and I assume he has done a significant amount of research to come up with the 60k. Without the equipment his business isn't worth much. He is selling a job instead of a business. If everything was on the up and up (records, route, taxes, etc), I would probably offer 80k
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