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Old 01-24-2013, 09:21 PM
Will P.C. Will P.C. is offline
LawnSite Senior Member
Join Date: Jul 2010
Posts: 957
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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