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Selling my Business?

Discussion in 'Lawn Mowing' started by jphag, Sep 14, 2004.

  1. jphag

    jphag LawnSite Member
    Messages: 219

    I am moving to another state and need to sell my customers. What is the best way to do this on short notice? I figured I could contact my competiors and see if they would be interested in any of the accounts. What would be a fair price? I was giong to ask 10% of what there worth. I will be moving in about six weeks so I don't have a lot of time.

    Thanks for any suggestions!!
     
  2. RedWingsDet

    RedWingsDet LawnSite Gold Member
    from Detroit
    Messages: 3,556

    being at the end of the season, depending on where your located. you probably wont be able to sell them. i know for us here in MI. theres only about 6 or 7 weeks left in cutting, so it all depends on where your located and if their worth enough to make a big enough profit for the guys your selling it to for the next month or so.
     
  3. MMLawn

    MMLawn LawnSite Gold Member
    Messages: 3,569

    It depends on whether or not they are under contacts and for how much longer. They could be worth 10% or they could be worth nothing. Personally I would only pay for accts in a staggered payment plan over 2-3 months to make sure they stayed with me.
     
  4. proenterprises

    proenterprises LawnSite Silver Member
    Messages: 2,296


    this is not really on topic....but why are you selling your dixie already....didnt you just get it?
     
  5. RedWingsDet

    RedWingsDet LawnSite Gold Member
    from Detroit
    Messages: 3,556

    yeah i just got it. but i kind of want to sell all my equipment, execpt for my wb and blower. i want to get an enclosed trailer, redmax weed whips, edgers, and 8000 blower, and a hydro wb next spring.
     

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