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Selling Out, How Much?

Discussion in 'General Industry Discussions' started by KELLY'S LC, Mar 28, 2006.

  1. KELLY'S LC

    KELLY'S LC LawnSite Member
    Messages: 4

    Hey Guys, I'm Getting Out Of The Business. Need A Good Idea Of How Much My Current Contracts Are Potentially Worth To A New Owner. I've Got 5 Small Commercial Jobs That Average About $18,000 Annually. Is There A Special Formula To Figure Current Value Of This To A Potential Buyer. Any Help Is Appreciated..
     
  2. cgrappler135

    cgrappler135 LawnSite Member
    Messages: 193

    Usually accounts are sold for one month worth of cutting. Hope this helps
     
  3. jhoneycutt

    jhoneycutt LawnSite Member
    Messages: 41

    man I wish you were closer to Salisbury. Well good luck to ya
     
  4. westwind

    westwind LawnSite Senior Member
    Messages: 444

    Commercial accounts up here go for 2 months worth of income, if it has been contracted for more than one season. If only one season, then it's worth one month of income. Good Luck
     
  5. tutti1956

    tutti1956 LawnSite Member
    Messages: 5

    Contact me at whines1@nc.rr.com, I am in Fuquay Varina, would talk about your contracts...
     

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