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what % of gross to by ouy another business

Discussion in 'Business Operations' started by vernon lawn, Jul 20, 2006.

  1. vernon lawn

    vernon lawn LawnSite Member
    from NJ
    Messages: 18

    I'm looking to poossibly buy out another maintenance company. (Maintenance only) What would be a target percentage for this buy out based on maintenance gross. Any input would be helpful. Accounts only no equipment
    Thank you
     
  2. Team-Green L&L

    Team-Green L&L LawnSite Bronze Member
    Messages: 1,775

    What is your aquisition rate at this time?
     
  3. DLS1

    DLS1 LawnSite Bronze Member
    Messages: 1,619

    do a search on this site for 'buy business' or 'buy company' and you will get plenty of reading.
     
  4. Drew Gemma

    Drew Gemma LawnSite Bronze Member
    Messages: 1,508

    50 % of 2 months cuttings only pay on what you getso in theory you will be a month behind on payments. that way you only pay for those who stay.
     

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