Hi. I’m 55 and been operating my own landscaping business for the past 10 years and now starting to think about selling it. The business averages around $120,000 a year but how do I value it, how do I know what its worth?
It is really hard to value a business that involves a large service portion such as landscaping. Is the purchaser buying contracted income or tools of the trade? What is the net profit of the business when you take out your personal expenses?
I would recommend you call a business broker and have a chat.
Best of luck with the sale and with your next venture