Opportunity to sell business- need some input

Discussion in 'Business Operations' started by Edge08, Jun 4, 2008.

  1. Edge08

    Edge08 LawnSite Member
    Posts: 20

    I have an opportunity to join a large landscape organization to manage the residential maintenance- they have 7 crews right now.

    They will buy my 75 accounts and equipment. The owner asked me to "give him a number" of what my business is worth.

    Any input on placing a value on my accounts receivables? I have talked to several business owners locally and get a variety of answers.

    If anyone has some actual experience in selling maintenance accounts, I'd like to hear your thoughts.

    Thanks.
     
  2. cooperlandscaping

    cooperlandscaping LawnSite Member
    from NE ohio
    Posts: 51

    Hey sorry i had to leave this on your thread but i dont know how to email on here. I am pretty new to this site and need all the help i can get. i know it sound early and all but i want to get a really sound game plan for next year or even to help get this years numbers up there. my email is cooperlandscaping1@yahoo.com
     
  3. Lawnworks

    Lawnworks LawnSite Fanatic
    from usa
    Posts: 5,407

    I have bought accounts before.. 10-15% of gross income for yearly customers... probably not what you wanted to hear.
     

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