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selling an established lawn care business

Discussion in 'Business Operations' started by lindylawn, Jul 7, 2008.

  1. lindylawn

    lindylawn LawnSite Member
    Messages: 13

    I am thinking of selling my business. Been in business for 8 years, and looking to pursue other interests. Anybody have any experience or insight that they can share. I have about 150 regular 5 app customers, and maybe 50 more 3 or less app customers. Should I base it on gross sales and then equipment seperate or what. I have a very good accountant with everything well documented. Much appreciated
     
  2. ICT Bill

    ICT Bill LawnSite Platinum Member
    Messages: 4,115

    Good luck with that, I would talk to your local LCO's they may want some of your customers. I would speak to your most knowledged bookkeeper on the best way
     
  3. humble1

    humble1 LawnSite Silver Member
    from MA
    Messages: 2,505

    search biz brokers they can pre qualify a potential buyer so you arent wasting time. Out here on landscaping its 10-15% of your gross plus "fair market" on your equipment.

    You can get 80-100% of the gross on chemical accounts if they are good.
     
  4. Mrs. H

    Mrs. H LawnSite Senior Member
    Messages: 708

    Oh, wow. I could have started this thread word for word.
     

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