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Selling customer list

Discussion in 'Business Operations' started by Rons lawn care, Nov 13, 2011.

  1. Rons lawn care

    Rons lawn care LawnSite Member
    Posts: 18

    I have a fertilizing/herbicide lawn care company with no mowing in eastern iowa .I would like to sell the portion of my company that that is 60 miles from my home base.
    I have talked to many business people and they indicate to me that a asking price of 1.25 -1.75 times the annual gross would be appropriate. To me that seems high. But these guys say that it should take 4-5 years to pay the company off and at this range it would do it in 1.5 to 2 years.thanks for any input.
  2. JDiepstra

    JDiepstra LawnSite Bronze Member
    Posts: 1,511

    Id say the price of one app sounds better,.assuming they sign up for the season.
  3. Foster

    Foster LawnSite Member
    Posts: 82

    ...FWIW, I was told $15 per account.

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