Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Looking at a business for sale?


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #11  
Old 05-31-2010, 10:01 AM
robgee05 robgee05 is offline
Member
 
Join Date: Mar 2010
Location: newfield nj
Posts: 95
Rep Power: 7
robgee05 is on a distinguished road
Default

Well that seems legit enough. He may find later that starting his own business is more lucrative then his career path in this economy, depending on his degree. But $75k is still very steep. You have the right idea going it on your on. I hate to sound to sneaky but i would watch and see who hes cutting, then after its sold(if its sold) market to them. Guaranteed at least a few of the customers wont be happy with the new owner. As well he may slack off because he plans on leaving the business.

I myself have a degree in Economics, worked a few years with it in the finance industry, then turned to law enforcement. You cant ever take the experience a degree provides. Entrepreneurship has always called me, and I have had quite a few small online ventures make me money through the years. I never minded getting my hands dirty though and the service industries are always a great may to make a buck. Especially those with residual service.
If he is grossing 6-8500 a month, hes probably seeing 2/3 of that as profit. Unless he has a specified degree in the medical or engineering field or such, he probably wont see much more then 30k a year in an entry level job. Plus the actually business experience he has gained running the business is priceless, and shows deep down he truly wants to be an entrepreneur. Of course the bottom line you must do what makes you happy. You may even try and work a little partnership out with him, since he runs a very established business. If he invests equipment and does some of the billing and you invest time and grow the business from there. You will get to see from the inside how successful it is, and down the road if he wants to sell its still an option.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #12  
Old 05-31-2010, 10:24 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,925
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
Quote:
The business is up for sale for $75,000.

Equipment is 2001 dodge 2500 pickup, two hustler 60'' mowers 450-600hrs,walk behind, two push mowers, two blowers, two trimmers. 18ft trailer.

40 accounts with an average of $6,000-$8500 monthly gross. No customers are on contract but says they will stay as long as the job is good and they are easy to work for.
How long do you feel it would take to make that money back and be in the black again if you were to spend the $75,000?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Business Card Sale -5000 Cards!- 696 Signs Promote your products or services 11 07-23-2010 03:22 PM
Lawn Business for Sale Cheap SprinklerRepair Starting a lawn care business. 0 03-22-2009 05:20 PM
Shirt Sale AMW Graphics Truck & Trailer Sign Design, silk screened apparel & uniform discussion 6 09-16-2008 09:41 AM
For Sale AMW Graphics Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. 4 08-16-2007 10:20 AM
Lost a sale tiedeman Lawn Maintenance / Lawn Renovation 2 02-19-2007 01:42 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
How to tell Cust. to...
GeeGood
04-09-2008 09:55 PM
Yesterday 02:45 PM
by JJand M Lawncare
13 5,197
Did this job free to...
JJand M Lawncare
Yesterday 02:33 PM
Yesterday 02:33 PM
by JJand M Lawncare
0 15
Correct way to quote a...
WarriorLandscapingCAN
Yesterday 11:52 AM
Yesterday 11:52 AM
by WarriorLandscapingCAN
0 18
Having an issue with...
Mr. Mow
04-27-2016 03:58 PM
04-28-2016 05:04 AM
by Sprinkler Buddy
2 111
Hello From Virginia
JJand M Lawncare
04-25-2016 01:02 PM
04-27-2016 05:20 PM
by Steve
5 141
knowledge is Key
Greg'slawnandlandscape
04-23-2016 02:23 AM
04-25-2016 02:40 PM
by Steve
2 128
Hello from Calgary
Freshcut
04-22-2016 06:10 PM
04-25-2016 02:38 PM
by Steve
1 120
Echo Bed Redefiner...
NPM_LLC
04-12-2016 10:54 AM
04-22-2016 06:15 PM
by Freshcut
4 319
Has anyone done a garden?
Brian3137
03-28-2016 10:42 AM
04-22-2016 04:42 PM
by biglee
13 9,759
What would you charge?
markty
04-18-2016 03:28 PM
04-22-2016 09:01 AM
by chris2500hd
6 284
Replaced Mower Engine
Sprinkler Buddy
04-15-2016 06:21 AM
04-19-2016 11:03 AM
by Sprinkler Buddy
6 262
Hello from Oklahoma
Ron Hall
03-24-2016 06:59 PM
04-16-2016 03:51 AM
by Ron Hall
9 9,471
Laying down some stripes
MATTNAPIER89
04-11-2016 09:55 PM
04-14-2016 11:55 PM
by Steve
3 338
Find out what business...
MATTNAPIER89
04-11-2016 09:58 PM
04-13-2016 12:32 PM
by MATTNAPIER89
2 289
Hello my name is Matt
MATTNAPIER89
04-11-2016 09:46 PM
04-13-2016 12:58 AM
by Steve
1 237
How to drop some...
nickeckes
04-11-2016 01:07 AM
04-12-2016 05:22 PM
by Steve
4 317
Trash Receptacle for a...
tannerduncan
04-12-2016 05:02 PM
04-12-2016 05:19 PM
by Steve
1 221
Small Project Lawn
tannerduncan
03-31-2016 08:21 PM
04-12-2016 05:16 PM
by Steve
7 9,345
Please Help! Bidding...
Dorali
02-15-2016 12:02 PM
04-06-2016 01:08 AM
by Steve
36 13,062
Hello
pbcleff
04-05-2016 07:45 PM
04-06-2016 12:35 AM
by Steve
1 408
Hello
llewelwa
03-18-2016 12:47 AM
04-05-2016 12:14 AM
by Steve
3 9,344
Poop and Scooping
llewelwa
04-01-2016 05:48 PM
04-05-2016 12:08 AM
by Steve
1 9,125
help with sole...
greenbuds
03-24-2016 12:21 PM
04-04-2016 05:33 PM
by WarriorLandscapingCAN
2 9,291
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 08:31 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 08:31 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy