If I were to sell, what's the ballpark value?

Discussion in 'Business Operations' started by dmk395, Jan 24, 2013.

  1. dmk395

    dmk395 LawnSite Senior Member
    from Ma
    Posts: 992

    Just curious where I would be. 200k in maintenance sales. (hi end homes and some small commercial, very loyal base) Profit before my salary of $75,000. Equipment value (trucks, trailers, mowers etc.) $60,000. Very few contracts. 2 good employees. Any idea ballpark where I would be.
    I want to keep going, BUT always curious...
     
  2. spazfam

    spazfam LawnSite Member
    Posts: 146

    I've heard in the past 1.5 times sales so I would say 300k
     
  3. grassmasterswilson

    grassmasterswilson LawnSite Platinum Member
    from nc
    Posts: 4,510

    I think mowing is closer to .3 cents per gross dollar. Applications would be sold at a premium. Not counting equipment.

    Your situation might be different. Could your 2 guys run the routes alone and the owner still take a nice cut of what's left.

    I'd pay 120-130k. A lot would depend on how long you'd had some customers and what other services you've included or don't include. If you do 200k in mowing only then I might be able to upscale apps and seeding.
     
  4. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,716

    I'd say 120k at the high end.
     
  5. Landrus2

    Landrus2 LawnSite Platinum Member
    Posts: 4,811

    With today's economy I think you right:weightlifter:
     
  6. Will P.C.

    Will P.C. LawnSite Senior Member
    Posts: 965

    90-140K with the minute amount of details I know
     
  7. snomaha

    snomaha LawnSite Senior Member
    from midwest
    Posts: 871

    what is a fair market wage for you? - what would you of had to pay someone to do your job?
     
  8. jbell36

    jbell36 LawnSite Bronze Member
    from KANSAS
    Posts: 1,265

    yeah, mowing is worth the least...more details, do you have any chemicals? irrigation? snow removal? equipment? etc...i've always heard a mowing business goes for about one months gross plus any equipment...but a chemical company can easily get one years gross if not more
     
  9. Raymond S.

    Raymond S. LawnSite Senior Member
    Posts: 979

    So the real question...how do you find someone willing to pay $100k for a lawncare business?
    Posted via Mobile Device
     
  10. snomaha

    snomaha LawnSite Senior Member
    from midwest
    Posts: 871

    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.
     

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