I have been in the green industry for last 7 years, working for someone else. I love the work and I have decided to go on my own when I become financially able. I am currently working on to gain a landscape contractor license and I also have a few other certifications on my belt. Not to brag but to prepare myself when I go on my own in the near future. An opportunity came up recently when a friend of mine who have been doing maintenance for last 25 years wanting to sell his well-established business in next few years. I talked to him and expressed my interests in buying his business. But the thing is I dont really know how to "appraise" his business so we can come up with a selling value. I can figure out with all of his equipment by using the fair market value but with his accounts....how can you come up a price for that? Have any of you bought accounts before and how you come up with a price? I am sure there are varies of methods of how to come up with account values but any suggestions or experience you want to share will be very helpful.