How to tell the value of a business.

Discussion in 'Business Operations' started by greenhorn79, Jul 27, 2007.

  1. greenhorn79

    greenhorn79 LawnSite Member
    Messages: 1

    I am going to sell my lanscaping business this fall and I am at the point where I need to figure out what I can try and sell it for. Does anybody know how to figure this out? I want to sell the tractor, trailor, truck, tools and possibly the lawn accounts if I can as a package.
  2. snomaha

    snomaha LawnSite Bronze Member
    from midwest
    Messages: 1,231

    Go see an accountant that specializes in business valuation.
  3. TSG

    TSG LawnSite Senior Member
    Messages: 444

    Most Small to mid-size LCO's have to parts of the sale
    The first is always equipment
    The balance is gross recievables, good will.

    Be prepared to "give away " most acct's becuause there is nothing to guaranty they will stay with the new owner.
    The new owner is likely to be interested in an installment sale based on how many accounts stay with him the first year.

    If you put the word out that you are going to sell,,,,the other LCO sharkes will circle
    your better clients.
    Just .02

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