Selling......need ballpark figure

Discussion in 'Business Operations' started by EROSS17, Jul 31, 2001.

  1. roscioli

    roscioli LawnSite Senior Member
    Posts: 749

    Am I stupid? Is it too simple or does this work: How much the business could sell for divided by 2. ????. Looks like you have a good deal of equipment, what about trucks? Do you each use your own personal trucks? Figure out a price for equipment, divide by 2, add 3500 for the accounts and presto, instant answer. Am i wrong?
     
  2. peewee

    peewee LawnSite Member
    Posts: 43

    you always thought maybe one day you would buy him out, so .. what about the shotgun situation. I believe it works in such a way that you come up with a figure that you would be willing to buy him out for and he has the choice to either exit or pay you the same amount you would have paid him. It sounds fair to me and if it really is profitable,you may not even want the other business venture. good luck.
     

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