how much to pay for existing business???

Discussion in 'Lawn Mowing' started by hortboy, Feb 26, 2006.

  1. hortboy

    hortboy LawnSite Member
    Posts: 170

    I have been approached to buy a lawn care / landscaping business and I was wondering if there is a percent on every dollar you pay for accounts or do you pay at a cost of a months gross revenue? and as far as used equip obviously I wouldn't pay market value on the equipment, what is a safe guideline to use for the value of equipment in a buy out situation. i appreciate all the help and info you can offer.
     
  2. YGWBill

    YGWBill LawnSite Member
    Posts: 45

    I am from ithaca ny how is business down their.
     
  3. OnMyOwn

    OnMyOwn LawnSite Senior Member
    Posts: 372

    I have heard (repeatedly) that a rate of 2-3 months of gross revenue is the standard selling price.
     

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