how can I tell I'm getting a good deal on a business?

Discussion in 'Starting a Lawn Care Business' started by Vanessa31, May 10, 2005.

  1. Vanessa31

    Vanessa31 LawnSite Member
    Posts: 16

    how do I know I am getting a good deal on a business? do I go by the amount of equipment? number of accounts? what would you guyy consider a good deal?

    there are a few for sale one has about 70 acc-wants $60k the other wants 90 accts for $75k?? of course i will not buy any of the 2 mentioned but i justw ant to get an idea on how I can tell that i am buying a good biz.
     
  2. Vanessa31

    Vanessa31 LawnSite Member
    Posts: 16

    Hello guys and thanks for your response
    i will get a more thorough list of the equipment he has, he says his trailer cost him over 6k? humm not sure but i will ask him for receipts etc.. he is not listed witha realtor, i did see a similar one with teh same number of ac listed with a realtor for $44.000, so I thought this was a good deal, but i guess not, anyway how much do you gusy think I shoudl offer him?
     
  3. daveintoledo

    daveintoledo LawnSite Silver Member
    Posts: 2,587

    run away from this, the equipment wont get the job done very well if you have that kind of capital get you own commercial equipment and start fresh
     

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