Hi everyone I'm a long time lurker but finally registered, I'm thinking of buying a lawn maintenance business (with a little tree trimming). Here's the basics: Gross revenue: 2010- 105,000 2011- 135,000 2012- 148,000 2013- on pace for over 150k Profit on schedule C 2010-40k 2011-66k 2012 -on tax extension. He has the equipment valued at 15k. I have it around 8,000. Accounts re 75% commercial. He's asking 100 k. With an earn out (if any customers leave within 12 months, I subtract tht properties % of revenue and I pay him that amount less than 100,000. This business is located in the plains states. Is this reasonable? I'm thinking his price is too much. Thoughts? I don't currently have a lawn business, but I have 8 years exp in residential and commercial mowing.