Thinking of selling my business

Discussion in 'Business Operations' started by nwimaintenance, Jan 4, 2012.

  1. nwimaintenance

    nwimaintenance LawnSite Member
    from 46307
    Posts: 74

    I have been tossing around the idea of selling my business. Equipment included would be 2005 Dixie Chopper 72" deck 33hp, 2005 Dixie chopper 72" deck 50hp turbo diesel, 2001 dixie chopper 72" deck twin 20hp, 2001 Toro Z-master 25hp fuel injected, 2000 Ferris 36" walk behind, 1999 Scag 52" walk behind, 2005 16' enclosed trailer, 2004 22' open trailer, 3 backpack blowers, 5 echo trimmers, 1 edger, 3 echo hedge trimmer, 30 gallon weed killer spray tank, 30 gallon fertilizer with boom, pull behind 150# spreader, 75# push spreader, 2 3 gallon backpack sprayers,cub cadet 24" snow blower, 42" John deere snow blower,1997 Mustang 960 skid loader, 2001 chevy 2500hd crew cab turbo diesel with 1year old western wide out and new western tornado slide in bed spreader, 2001 GMC 1500 ext. cab with Blizzard 7'6" speed wing, 1999 Chevy 2500hd ext. cab with Blizzard 8-10 power plow and Western tornado slide in bed spreader, 1997 GMC 3500 Dump truck turbo diesel with 8.5' western pro plow. I think thats about it for the equipment. I have mainly all commercial contracts but some residential. Mowing about $125,000 in 2011, Plowing about $115,000 in 2010-2011 season. What do you think it is worth?
     
  2. superintendent

    superintendent LawnSite Senior Member
    Posts: 394

    The question everybody is going to ask is why are you selling
     
  3. NEUSWEDE

    NEUSWEDE LawnSite Bronze Member
    from Maine
    Posts: 1,147

    are your numbers for mowing and snow gross sales or profit? If that is gross sales thats low.
     
  4. Snyder's Lawn Inc

    Snyder's Lawn Inc LawnSite Platinum Member
    Posts: 4,541

    All depends what its worth to you
    with out seeing everything and see what type shape things are in its hard to say Everything I see on you list is old the newest thing you have 05 How many hrs and how many miles does stuff have
    Where you from
     
  5. nwimaintenance

    nwimaintenance LawnSite Member
    from 46307
    Posts: 74

    The reason for wanting to sell is relocating. That is gross sales basicly with 1 full time employee and a few part timers. So its not that bad. Trucks and mowers have some use but have been well maintained. My guess for the trucks and equipment was at least $75000.
     
  6. nwimaintenance

    nwimaintenance LawnSite Member
    from 46307
    Posts: 74

    Any Input. And by the way had I profited $240,000 last year I would definatly not be looking to sell!!!
     
  7. superintendent

    superintendent LawnSite Senior Member
    Posts: 394

    If only one full time and just mowing and snow removel you should have done over $100,000
     
  8. nwimaintenance

    nwimaintenance LawnSite Member
    from 46307
    Posts: 74

    I did over $100,000 but just not happy with the cold weather anymore.
     

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