Can anybody in the northwest area (Seattle, Portland, Puget Sound area) give me some tips on selling a commercial landscape management company. I have done a little research but I am getting conflicting info from several parties.
Some say that I should accept no less than 100-150% of GROSS sales for one year of business. Others tell me that I will be extremely lucky to get 35% of a years sales. The latter seems to be more realistic for the industry. I should hit about $400,000 in gross sales this year and I just want to know what to expect in the next couple of years when I decide to get out. I know that there are alot of factors that measure in, but anybody that has sold and/or purchased a company , please give me some tips.
Some say that I should accept no less than 100-150% of GROSS sales for one year of business. Others tell me that I will be extremely lucky to get 35% of a years sales. The latter seems to be more realistic for the industry. I should hit about $400,000 in gross sales this year and I just want to know what to expect in the next couple of years when I decide to get out. I know that there are alot of factors that measure in, but anybody that has sold and/or purchased a company , please give me some tips.