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 > Lawn Care Marketing & Post your marketing material for review!

Lawn Care Marketing & Post your marketing material for review! Lawn Care Marketing, Advertising, and Public Relations Discussion.

Buying Customers


Lawn Care Marketing & Post your marketing material for review!

Lawn Care Marketing, Advertising, and Public Relations Discussion.
Reply
 
Thread Tools Search this Thread
  #1  
Old 02-23-2010, 07:32 PM
LawnMedic
Guest
 
Posts: n/a
Default Buying Customers

Anyone have any opportunitys to buy some new customers? Was wondering type of terms people have dealt with and any good or bad stories that were experienced. Also have the chance too but never pull the trigger.
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


  #2  
Old 02-23-2010, 09:40 PM
ProCut TM
Guest
 
Posts: n/a
Default

Lawn care business tipsLawn Care Business Book
here in FL customers sell for 3-4 months income of said customer
IE. a $100 monthly account would cost you $300-400
I've had some good experience buying accounts. It is a risk, but if you are smart and a bit lucky it is a fast way to grow. You can also write off the buyout on your taxes.
Reply With Quote
  #3  
Old 02-23-2010, 09:46 PM
LawnMedic
Guest
 
Posts: n/a
Default

Well we have about 30 cuts a season....for 30,000 worth of annual cutting you would spend 15-16k and be happy?
Reply With Quote
  #4  
Old 02-23-2010, 09:53 PM
ProCut TM
Guest
 
Posts: n/a
Default

where are you located? I don't think the northern states are pulling 3-4 month income for accounts I think they only get 1 month. Ask around with some other local guys in your area.

I would not buy accounts for 50% of the annual income, that seems way high.

said $100 account I can buy for $300-400 will net me $1200 for the year.
Reply With Quote
  #5  
Old 02-23-2010, 09:56 PM
LawnMedic
Guest
 
Posts: n/a
Default

Hmm interesting. Where have you heard 1 month of revenue from?
Reply With Quote
  #6  
Old 02-23-2010, 10:01 PM
ProCut TM
Guest
 
Posts: n/a
Default

just info I read on this board back a few years when I was buying some accounts and researching it much like you are now. I research everything I do, so I can make the best decision for my company.
Reply With Quote
  #7  
Old 02-23-2010, 10:06 PM
ProCut TM
Guest
 
Posts: n/a
Default

If you buy accounts for 50% of the annual income, you have to mow them for free for half the season plus cost of overhead for the work. So you are more like 75% before you even break even, and if you lose some of those high priced accounts it will sting A LOT!

At 3-4 months income it is much less of a risk. and a faster profit turn around. And some people are not even willing to take this gamble.
Reply With Quote
  #8  
Old 02-23-2010, 10:08 PM
LawnMedic
Guest
 
Posts: n/a
Default

SO you have pulled the trigger on buying some companies out? How do you work the terms....send out a letter stating whats going on, or try to call them?
Reply With Quote
  #9  
Old 02-23-2010, 10:23 PM
ProCut TM
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by LawnMedic View Post
SO you have pulled the trigger on buying some companies out? How do you work the terms....send out a letter stating whats going on, or try to call them?
the terms are easy, what does he want + what you want to pay = meet in the middle with a number everyone can live with.

When I bought out we'll call it company X he wanted 4 months income for his accounts, I told him ok I will work with you for one month we can use my equipment and after one month I will pay you 3 this way the customers were all introduced to me by him and when the month was up we sent out letter saying the the two companies merged and all future payment needed to be sent to ProCut. (so total I paid 3.5 since we worked together for 1 month)

This worked out well for me it has been three years now and I only lost two of the account I bought from company X. They were both paid for and making a profit before they went away.
Reply With Quote
  #10  
Old 02-23-2010, 10:26 PM
LawnMedic
Guest
 
Posts: n/a
Default

Thats great he actually worked with you. Very good deal you had there.
Reply With Quote
Reply

Bookmarks

Tags
buying customer, buying lawn care customers, buying mower customers

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
Buying old vs. buying newer. rclandscaping Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. 5 08-27-2009 05:13 PM
Buying Customers jjones41 Lawn Maintenance / Lawn Renovation 3 03-31-2009 05:20 AM
Buying Residential Customers mowboy General Business Discussions 1 06-27-2008 10:44 PM
Converting Seasonal Customers to Annual Customers Greenmind Starting a lawn care business. 4 03-07-2008 01:28 AM
Advice on Buying Customers mowboy General Business Discussions 0 07-19-2005 02:04 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
How to: Use Thumbtack...
acrajchel
11-17-2014 06:39 PM
Today 07:58 PM
by thom
17 514
How much do you up sell...
Essex Groundskeeping
Yesterday 07:13 PM
Today 06:29 PM
by stevef1201
8 135
This sucks...
Matther777
09-18-2014 05:56 PM
Today 05:49 PM
by biglee
16 3,153
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
Today 04:32 PM
by acrajchel
4 645
Hello from Kentucky
TRV
09-30-2014 06:42 PM
Today 08:37 AM
by acrajchel
7 1,291
leaf removal
Double J LLC
10-03-2014 05:24 PM
Yesterday 07:46 PM
by ExtremeLawncareServices
21 2,402
New website
Chilehead
11-20-2014 04:39 PM
Yesterday 07:40 PM
by Just for Cuts
12 269
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
11-22-2014 10:49 PM
by Just for Cuts
16 509
Pics for website
tbtigers03
11-21-2014 05:40 PM
11-22-2014 10:01 PM
by Just for Cuts
3 141
Peco Bagger
AGPS
11-18-2014 02:20 PM
11-22-2014 05:56 PM
by AGPS
9 316
Beginner Mistakes:...
Steve
01-31-2007 12:45 PM
11-22-2014 02:42 PM
by stevef1201
22 6,155
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
11-21-2014 09:48 PM
by ExtremeLawncareServices
174 14,037
Contract or no contract?
TRV
11-20-2014 09:18 PM
11-21-2014 09:33 PM
by TRV
3 170
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
11-21-2014 08:02 PM
by stevef1201
4 330
Billboards for marketing
ExtremeLawncareServices
11-16-2014 08:39 PM
11-21-2014 07:05 PM
by acrajchel
13 390
Belt dealer problem
googus
11-21-2014 08:45 AM
11-21-2014 06:36 PM
by Steve
2 123
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
11-21-2014 06:32 PM
by Steve
7 231
What is going on with...
biglee
11-14-2014 03:04 PM
11-20-2014 02:50 PM
by biglee
40 965
My advice for new guys
avetslawncare
11-15-2014 09:32 AM
11-19-2014 01:47 PM
by biglee
10 498
Lawn Care business...
crieg122
10-23-2014 02:23 PM
11-19-2014 12:39 PM
by acrajchel
28 1,861
raking leaves ?
robert8509
10-22-2014 10:19 PM
11-18-2014 04:24 PM
by acrajchel
14 1,460
Leaf removal
madmedic8575
10-24-2014 05:14 PM
11-17-2014 07:34 PM
by acrajchel
6 1,206
sod job
SGlawncare
10-30-2014 09:21 PM
11-17-2014 07:10 PM
by acrajchel
7 782
Customer wants me to...
Mr. Mow
11-09-2014 07:13 AM
11-17-2014 06:48 PM
by acrajchel
10 547
Hello!
Brian3137
11-11-2014 07:15 PM
11-17-2014 06:46 PM
by acrajchel
14 480
small biz in Phoenix,AZ
anthonyramos1
11-08-2014 09:35 PM
11-17-2014 05:59 PM
by acrajchel
2 332
Client won't pay...
WesleySnips
10-30-2014 03:53 PM
11-17-2014 05:37 PM
by acrajchel
22 1,386
Government contracts
avetslawncare
11-15-2014 08:50 AM
11-17-2014 12:59 PM
by Steve
2 265
Need help on deciding a...
Brian3137
11-10-2014 06:32 PM
11-17-2014 12:44 PM
by Steve
12 527
West cost lawn prices
SGlawncare
10-09-2014 10:51 PM
11-16-2014 07:54 AM
by stevef1201
8 1,607
So how do you guys...
Mr. Mow
10-26-2014 08:55 AM
11-15-2014 08:44 AM
by avetslawncare
14 1,723
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
11-13-2014 08:35 AM
by jrs.landscaping
81 31,850
The most dangerous part...
Steve
10-06-2014 03:45 PM
11-12-2014 05:05 PM
by stevef1201
14 1,696
A little hang up in snow...
stevef1201
11-08-2014 07:05 AM
11-12-2014 12:51 PM
by Steve
4 439
Bi-weekly winter...
lxarth
11-04-2014 08:37 PM
11-12-2014 10:06 AM
by WesleySnips
9 634
taking first steps...
sizemorelawncare
11-10-2014 08:24 PM
11-11-2014 01:21 PM
by Steve
1 336
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
11-11-2014 08:12 AM
by Just for Cuts
4 395
Business Cards
crieg122
10-25-2014 01:03 PM
11-11-2014 07:56 AM
by Just for Cuts
12 1,341
How the unregister?
alive101
11-04-2014 07:39 AM
11-10-2014 01:48 PM
by Steve
4 620
Belt adjustment question
googus
11-05-2014 06:43 AM
11-10-2014 01:38 PM
by Steve
5 524
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
11-10-2014 01:25 PM
by Steve
2 362
Podcast
Shark1611
11-07-2014 05:42 PM
11-10-2014 11:41 AM
by Steve
1 321
hi, from Minnesota
rjklohn
11-07-2014 02:21 AM
11-07-2014 01:44 PM
by Steve
1 340
New to snow plowing
SS.Lawncare
11-05-2014 04:00 PM
11-07-2014 01:21 PM
by Steve
6 578
New Member
tonyap
11-05-2014 10:35 PM
11-07-2014 01:15 PM
by Steve
1 380
New to the business
jcurr33
11-05-2014 03:21 PM
11-07-2014 01:11 PM
by Steve
1 438
Lines
Matther777
11-04-2014 02:19 PM
11-07-2014 12:54 PM
by Steve
1 470
hello, new to this site
tonyorwig
10-31-2014 10:49 PM
11-04-2014 02:24 PM
by tonyorwig
3 657
Aloha from Hawaii.
Gary R
11-02-2014 12:44 AM
11-03-2014 03:02 PM
by Steve
1 571
Pavers
crieg122
10-28-2014 03:49 PM
10-31-2014 01:49 PM
by Steve
6 868
» Popular Tags
2wd apartment complex bark billy goat brushcutter charge christmas collections edging employee problems equipment rental exmark ferris first truck foreman georgia gopherhaul gravely hills holiday how much to charge husqvarna hydraulic jobs kawasaki labor cost landscape services lawn lawn care lawn care business podcast lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo lighting lighting brass outdoor lights managing a lawn care business marketing mowing mr dave mulch mulch price new business ordinance past due per hour service podcast push versus ride redmax savannah scag v-ride seo shreaded small engine repair starting a business starting a lawn care business start up lawn care business sulky toro tractor auger trailer trimmer rack truck new used landscape walk behind walker won't return wood wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 08:42 PM.


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

All times are GMT -5. The time now is 08:42 PM.

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