I started cutting about a year ago and I have intentionally taken it slow to learn this business( I am in it for the long haul). I only have 15 accounts but there is a local company for sale that has been in business for 3 years and has 55 accounts(3 commercial and 52 resindential). Of 55 accounts only 16 are under contract. The owner is more than willing to release financial records to verify income but I have no clue how to put a value on this company.(side note he is selling because he is moving 1000 miles away back to his wifes home town). Does anyone have a formula for figuring the value of an established lawn care company? I have purchased other companies where the price was based on annual sales volume or number of accounts under contract. I am not sure if either of these is appropriate for Lawn care. HELP!!!!!