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Selling a Lawn Maintenance Business

Discussion in 'Starting a Lawn Care Business' started by Tj44, Mar 22, 2006.

  1. Tj44

    Tj44 LawnSite Member
    Posts: 3

    I have a lawn maintenance business for sale in Upstate NY and here is a breakdown:
    ACTUAL 2005

    COMMERCIAL LAWN MAINTENANCE ACCOUNTS
    • (6) Commercial Customers
    • 496,000(+) sf/ 11.6+acres all mowed turf
    • Sales: $ 52,000.00
    • Labor Cost: $ 20,652.00
    • Material Cost: $ 1,350
    • Gross Profit: $ 29,998.00

    RESIDENTIAL LAWN MAINTENANCE ACCOUNTS
    • (22) Residential Customers
    • 265,800 sf/6.23acres of mowed turf and full lawn maintenance services
    • Sales: $ 51,800.00
    • Labor Cost: $ 19,725.00
    • Material Cost: $ 3,050.00
    • Gross Profit: $ 29,025.00

    GRAND TOTAL LAWN MAINTENANCE PACKAGE
    • Sales:$ 103,800.00
    • Labor Cost: $ 40,404.00
    • Material Cost: $ 4,400.00
    • Gross Profit: $ 58,996.00

    Anyone got any idea what I might be able to get for this. I'm thinking around the $100,000 figure. There is equipment available and that totals about $10,000. I would like to offer a package deal. Most if not all these contracts will be signed prior to selling.

    Tom



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  2. Tim Wright

    Tim Wright LawnSite Bronze Member
    Posts: 1,034

    I asked my accountant this question a while back and I think his answer was 3 times the gross income for a year or an average of years.

    You might want to ask your acountant what he/she thinks.

    Tim
     

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