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Old 01-27-2014, 06:45 PM
TMlawncare TMlawncare is offline
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Join Date: Feb 2002
Location: nw missouri
Posts: 1,160
Quote:
Originally Posted by TTS View Post
Unless things are very very different up north I'm thinking his numbers are off. Operating with employees at a 62% profit margin is hard to believe. I would pass on it on principle but definitely look into those numbers. If he's actually operating at that profit margin forget the accounts and equipment and find a way to buy the structure and operating systems of the business. Then you have something worth buying. 12k worth of equipment and 30 accounts is worth 12k and a cup of coffee
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I agree his numbers seem way off. 62% profit margin is not realistic.
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