Hi - I was wondering if anyone on the site has any information regarding how to evaluate the worth of a service business, such as a mulch blower business. There is a company that I am looking at buying close by that has a good reputation in the business and the equipment they use (one truck and loader) is still in good condition - the owner believes the company can add another truck w/o any problem, but this is not the only business he runs, and signifigant management changes would need to occur in order for this mulch business to grow. From the information I have from him (plus other people that know him) is the business has grown dramatically over the last several years and their has been no signifigant competitors (except cheap labor) to enter the market. From my understanding, he wants to focus on opportunities with the other (unrelated) business so that the mulch business can still have the opportunity to grow. From talking to other truck owners, the biggest hurdle when starting from scratch is getting your name out and getting business year-round. From looking at his income per month, he has acheived this by adapting what he blows thoughout the year to keep the business steady from month-to-month. Is their a multiplier for the net income that is generally used to evaluate the business, or would this be too general? Has anybody else looked at buying a similiar business and, if so, what information could you provide?