How much would you pay for this company.

Discussion in 'Lawn Mowing' started by willretire@40, Dec 19, 2009.

  1. willretire@40

    willretire@40 LawnSite Bronze Member
    from VA
    Posts: 1,387

    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
     
  2. turf and snow

    turf and snow LawnSite Member
    Posts: 79

    since it is in usa and I live in Canada I would pay $1.00
     
  3. NEWGUYRI

    NEWGUYRI LawnSite Senior Member
    Posts: 594

    1,500,000+
     
  4. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    it doesn't matter what you would pay for it....

    the Q is .... where do you GET the money from ?????
     
  5. NEWGUYRI

    NEWGUYRI LawnSite Senior Member
    Posts: 594

    I'd say, first off the equipment. Secondly, he stated the customers pay monthly by credit, I don't see why they would switch If they even noticed the company was under new ownership.
     
  6. vanncann

    vanncann LawnSite Senior Member
    Posts: 452

    Are the customers under any type of contract, why is he selling, and will he sign a no compete contract???????????????????
     
  7. willretire@40

    willretire@40 LawnSite Bronze Member
    from VA
    Posts: 1,387

  8. ALC-GregH

    ALC-GregH LawnSite Fanatic
    from PA
    Posts: 7,053

    Offer a buck a piece. I won't pay for any business when I can go out and get my own.
     
  9. Rivervalleylawns

    Rivervalleylawns LawnSite Member
    Posts: 146

    I think its a little crazy your looking at such a large purchase. Further more, I think your name proves your trying to make the quickest buck, the fastest way.

    Your saying your going to pick up 10 crews and 1000 yards overnight and make it the best it can be. Instead of trying to come up the easiest way, (although there are no contracts on the yards) why dont you try expanding your own company. I dont know man it just sounds like your either a) trying to show off and look like a big shot , or b) getting way over your head with such a large establishment.
     
    Last edited: Dec 20, 2009
  10. towtruck212

    towtruck212 LawnSite Member
    Posts: 182

    It might be his business that he is looking to sell, not one he is looking to buy...before you get carried away with all your opinions.
     

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