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#1
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If I were to sell, what's the ballpark value?
Just curious where I would be. 200k in maintenance sales. (hi end homes and some small commercial, very loyal base) Profit before my salary of $75,000. Equipment value (trucks, trailers, mowers etc.) $60,000. Very few contracts. 2 good employees. Any idea ballpark where I would be.
I want to keep going, BUT always curious... |
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#2
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I've heard in the past 1.5 times sales so I would say 300k
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2007 Chevy 2500HD Toro Zmaster 60" Hustler Trimstar 48" Stihl Equipment 18' Open Trailer |
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#3
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I think mowing is closer to .3 cents per gross dollar. Applications would be sold at a premium. Not counting equipment.
Your situation might be different. Could your 2 guys run the routes alone and the owner still take a nice cut of what's left. I'd pay 120-130k. A lot would depend on how long you'd had some customers and what other services you've included or don't include. If you do 200k in mowing only then I might be able to upscale apps and seeding. |
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#4
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I'd say 120k at the high end.
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Ford Trucks John Deere Z Traks Walker Diesels and a lot of excedrin |
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#5
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With today's economy I think you right
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#6
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90-140K with the minute amount of details I know
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#7
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Quote:
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#8
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yeah, mowing is worth the least...more details, do you have any chemicals? irrigation? snow removal? equipment? etc...i've always heard a mowing business goes for about one months gross plus any equipment...but a chemical company can easily get one years gross if not more
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#9
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So the real question...how do you find someone willing to pay $100k for a lawncare business?
Posted via Mobile Device |
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#10
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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.
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