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Old 08-20-2013, 02:17 PM
Sean Adams Sean Adams is offline
 
Join Date: Jun 1999
Location: Pennsylvania
Posts: 3,623
When buying a business, the question to ask is simple.....

What am I going to pay for the business and what could I do with that money on my own if I decided to buy my own equipment/trailer and advertise?

I don't think anyone can really tell you if this is a good deal or not - the 10 accounts for $700 a month in revenue is basically $70 per house per month. what is included in this $70? Mowing? How many times? other work?

If you were able to sell your boat for $2,400 and you have $600 cash I assume you could buy a trailer, used mower and hand held equipment. Then the $500 a month you were going to pay him could be put towards advertising.

This is just an alternative scenario.

I am not telling you what to do, just think it all the way through is my advice.
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