Another point: Why do you want to buy the business? I don't mean that in an insulting way, but just a "What benefit to you see" way. Is it reputation, equipment, or something else?
Equipment is usually very cheap. Logansryche is spot on with a lift. They make any truck a lot better- ask me about loading a Gestestner into a box van with ramps, three guys, and an Allis-Chalmers tractor. It's not easy! But, the rest of the equipment is cheap. You can find a truck for a couple of grand, add a lift, spend a few hundred on tools if you don't have them, and be on your way. That's why I would place a low value on equipment- trucks, lifts, trailers,.... are easily replaceable.
What benefit do you see in this business? That's where you start from....
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