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selling a business

Discussion in 'Business Operations' started by SoGro, Sep 25, 2008.

  1. SoGro

    SoGro LawnSite Member
    Posts: 21

    I have had my own business for 6 years and been in the industry for 8 now. I am looking to sell my business in next 2 years. I have bought a sold some accounts before, but I am looking to sell everything. Any ideas on how to find a good fair value of my business. Roughly $90,000 in sales. Mostly maintenance with some landscaping throughout the spring and fall.
     
  2. tradeyouraccounts

    tradeyouraccounts Banned
    Posts: 344

    Purchase price of accounts
    In many industries the purchase price of the accounts is a multiple of the monthly gross service income not to include repairs. The multiple can be any where up to 12 times the monthly gross income. Both parties negotiate and agree on the multiple used.

    Good luck:dancing:
     

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