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buying a lawn business

Discussion in 'Starting a Lawn Care Business' started by jburnscpa, Jul 31, 2005.

  1. jburnscpa

    jburnscpa LawnSite Member
    Messages: 2

    is there any rules of thumb of what a lawn business can be sold for. is it a multiple of sales?
     
  2. nocutting

    nocutting LawnSite Senior Member
    Messages: 530

    "Thats a Loaded Question"...........best to have as many signed contracts, [ percentage of renewal accounts],last years totals / and expenses, a monthly profitability report, and separate your equipment[ most guys already have or already have a preferance, unless you're ta;lking new stuff[ low miles / hours].....lots of varibles, and lots of different opinions? :rolleyes:
     
  3. jburnscpa

    jburnscpa LawnSite Member
    Messages: 2

    Got equipment list
    monthly revenue for one month

    of course minimum would be the equipment value

    but no norms????
     
  4. Zeus661

    Zeus661 LawnSite Member
    from Ohio
    Messages: 8

    DON'T forget a right to compete clause. The last thing you want to do is buy the business then have the previous owner start up again and take back your customers.
     

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