I am toying with the idea of purchasing a small lawn care company. Up until this point we have never even thought about this avenue of growth. Here is what I am looking at based upon a preliminary discussion over the phone. Gross Sales: $48k Net Profit: $40k 1 person operation 50 Residential Accounts w/ approximately 25 of them utilizing fertilization services. Mowing and Fertilization only on these accounts. He has equipment which he wants to be part of the deal. I'm not too fond of someone else's equipment. All equipment is less than 3 years old. 36 hydro skagg, 60" Lazer Z, 2 Redmax trimmers, 2 backpack blowers, Edger, Lesco Spreader, Backpack Sprayer, 16Ft H&H Trailer....and mentioned something about Groundskeeper Pro. Can provided Certified copies of P&L and Balance sheet. No written agreements with any of these customers. Is getting out of lawn care "because my wife and I are buying a tanning salon." Looking for $25k. Any REAL input as to additional questions, the next steps, etc...remember these numbers have not been verified. Advice from people who have experience purchasing another company only....please.