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  #11  
Old 12-20-2009, 11:45 AM
topsites topsites is offline
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A dollar is the first price crossed my mind as well.
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  #12  
Old 12-20-2009, 11:50 AM
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AI Inc AI Inc is offline
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Figure out what the quit is worth used in the condition its in. Then add the cost of one visit to the customers. Thats going to be a ballpark of what its worth. Others will disagree.
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  #13  
Old 12-20-2009, 11:59 AM
NMS0219 NMS0219 is offline
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I agree with ai inc, price of equipment and one cut, two if they are real nice. and you must have them.
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  #14  
Old 12-20-2009, 12:35 PM
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willretire@40 willretire@40 is offline
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I am not trying to buy this company. I would like to see answers from big business owners if I havent already.
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  #15  
Old 12-20-2009, 01:16 PM
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robertsturf robertsturf is offline
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For the accounts I would offer $262,500.00, divided into 3rds with each payment paid quarterly based on customer retention. Equipment would be based on on market value and condition. Also need to check on company debt, any legal issues that may be in play and if the pricing structure matches yours. The worst thing a company can do is aquire a lot of underpriced accounts to drag your existing business down. There are a lot of other things to consider if this is a serious question or not. Also see if the existing owner would stay on staff for 1 yr or so, so the customers would have a familiar name or face.
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  #16  
Old 12-20-2009, 02:09 PM
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TXNSLighting TXNSLighting is offline
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Quote:
Originally Posted by ALC-GregH View Post
Offer a buck a piece. I won't pay for any business when I can go out and get my own.
Thats not very smart, this is different from most other buyouts.
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  #17  
Old 12-20-2009, 02:12 PM
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TXNSLighting TXNSLighting is offline
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I dont know how true this is or what, but it definitely has value, if you can handle it. As others have said, equip value, and 1 cut. That is a very fair price.
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  #18  
Old 12-20-2009, 02:29 PM
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brucec32 brucec32 is offline
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Location: Atlanta, GA
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[QUOTE=willretire@40;3327874]1000 weekly customers 1/3 acre or less within 2 close cities
Mow only company
Debt Free
10 Crews
12 2000-2004 Ford Rangers
12 Wright standers 36"
12 Honda 21" commerical
Hand Helds
All accounts are charged to customers Credit Cards
No personal relationships with customers
Buy the Company Name and keep all employees
Gross $1,050,000
In business for 7 years
Profit before owners pay $300,000
Only 2 office staff[/

Questions:



You have a gross number and a claimed profit. What's the accounting firm that has audited their books to make sure they're not just made up? Any clown can print out tax forms and make something up on quickbooks for a sucker buyer.

That profit number sounds unrealistic.

The productivity numbers sound unrealistic.

And here we have yet another owner selling a MASSIVELY PROFITABLE BUSINESS IN THE MIDDLE OF A LIFETIME BAD RECESSION! Does that sound right to you?

But I'm guessing this is simply a fantasy and you're asking what your business will be worth one day.

Otherwise, the answer is zero. Because it isn't what it appears to be.
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  #19  
Old 12-20-2009, 03:07 PM
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willretire@40 willretire@40 is offline
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Why does so many people think that the bad economy affects every business owner. Some business florish from a bad economy ie real estate if you buy it now while it is on sale you will make huge profits 2 or 3 years down the road.
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  #20  
Old 12-20-2009, 03:09 PM
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willretire@40 willretire@40 is offline
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Quote:
Originally Posted by TXNSLighting View Post
I dont know how true this is or what, but it definitely has value, if you can handle it. As others have said, equip value, and 1 cut. That is a very fair price.
That's not a fair price. That is stealing.
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