good deal?

Discussion in 'Lawn Mowing' started by A+ Lawncare, Jun 17, 2005.

  1. A+ Lawncare

    A+ Lawncare LawnSite Senior Member
    Messages: 503

    i got an offer on my business today from a friend of my dad's..... he wants to buy me out @ $9k cash

    the deal includes all of the following,
    15 weekly accounts @ $30 each
    10x6 trailer
    2005 61'' bobcat ztr (150 hrs)
    the second option i entertained was selling the accounts for $1,800... i have all contracts so its easy to switch..... i based the $1,800 on 15 props. X 4 weeks= 60 X $30= $1,800

    $9k-1,800= $7,200 for equipment.... $500 for trailer
    $7,200-$500= $6,700 for mower

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