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 > Franchise Building, Entrepreneurs, Business Leaders, & Innovators Discussions

Franchise Building, Entrepreneurs, Business Leaders, & Innovators Discussions Are you interested in starting your own lawn care franchise or are you interested in buying into one? Let's talk about different franchise opportunities and how to build your own franchise. Also we discuss different entrepreneurs who inspire us!

Potential to buy accounts and equipment


Franchise Building, Entrepreneurs, Business Leaders, & Innovators Discussions

Are you interested in starting your own lawn care franchise or are you interested in buying into one? Let's talk about different franchise opportunities and how to build your own franchise. Also we discuss different entrepreneurs who inspire us!
Reply
 
Thread Tools Search this Thread
  #11  
Old 07-21-2012, 08:58 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

Well I don't know that he would sell me the equipment and give me the list of his clients. That's why he wanted me to sign a confidentiality clause so that I cant just solicit all his customers.
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
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 07-21-2012, 09:03 PM
wat5150 wat5150 is offline
new member
 
Join Date: May 2012
Posts: 604
Rep Power: 0
wat5150 is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
I dont know man. What if you "buy" a client and they refuse and go with someone else? There is nothing that guarantees they will go with you. I mean they probably would, I just dont like the idea personally.
Reply With Quote
  #13  
Old 07-21-2012, 09:12 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

Well my thoughts in that was I was going to figure in that some will just not be happy with the works so I figured 5-6 of the customers leaving. That is a big worry that maybe they don't want my service but I would not pay the $35k and that's why I liked the fact that he was okay with monthly payments. And if he got a list to me of the customers we could let them know what's going on and see if they plan to stick around for another season. If not maybe I can negotiate into the final price some kind of deduction for each customer that is not a return for next season. I think there is great opportunity in this since he has established routes and been cutting majority of the yards for 5 years now. But it is a big risk to take at the same time. If he grosses what he is saying the work can easily pay the investment back quickly
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
Reply With Quote
  #14  
Old 07-21-2012, 09:26 PM
wat5150 wat5150 is offline
new member
 
Join Date: May 2012
Posts: 604
Rep Power: 0
wat5150 is on a distinguished road
Default

The gross sounds good. I mean if you think you can hang on to most of the clients go for it. That would be some good growth. I would negotiate the price though. You will have to hire on a few people but thats part of growth. If you think you can get even $75k it would be good. Just negotiate the price. I still dont like the buying clients idea but this sounds like good growth potential and potential for making some $.
Reply With Quote
  #15  
Old 07-21-2012, 09:32 PM
willshome willshome is offline
new member
 
Join Date: Jan 2012
Location: Mass
Posts: 865
Rep Power: 0
willshome is on a distinguished road
Default

Just thinking out load but what if
he keeps the business "open" and you subcontract all the work, 50% of billed you are paid the other 50% pays off the loan balance. this way if you lose a customer you can still make payment.
Reply With Quote
  #16  
Old 07-21-2012, 09:34 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

That's what I was thinking. I always lose at least a few customers each season which are usually the ones that only call every so often instead of getting on schedule. But I figure there is great potential for profit even losing some customers and still gives me an opportunity to market myself in all the new areas I will be in for potentially growing more! I am trying not to let the big numbers cloud my thinking because I would still want to provide quality service to all the new customers. I am going to negotiate that price for sure because I am interested to know where he came up with that number and how he actually values everything. He did say another company was meeting him on Wednesday to look thru all his paperwork and make an offer so I told him I wanted to meet on Monday or Tuesday!
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
Reply With Quote
  #17  
Old 07-21-2012, 09:37 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

hmm that's good thinking out loud. That would definitely give me the opportunity to do the work pay the loan and not have total obligation if it did not work out like planned. I am going to talk to him about many options and that is one I will definitely suggest. I thought about maybe a "down payment" on the business because I know he is moving but said he can't move until he gets money from the business. So I somewhat feel I have some control over the sale except that there is another company looking into the sell too
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
Reply With Quote
  #18  
Old 07-22-2012, 08:46 AM
Caskey Lawns & Landscapes's Avatar
Caskey Lawns & Landscapes Caskey Lawns & Landscapes is offline
Senior Member
 
Join Date: Feb 2012
Location: Gettysburg PA
Posts: 282
Rep Power: 3
Caskey Lawns & Landscapes is on a distinguished road
Default

Buying a customer can be a big risk, He could help that alot by talking to his customers and letting them know he is turning over his business to someone else and assure them that they will be taken good care of...That way you could get thier reaction upfront...
Reply With Quote
  #19  
Old 07-23-2012, 08:40 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

He did say he would let customers know there would be a change in ownership which I was considering keeping the company name since they are pretty established and said all there customers were from word of mouth. My business is mainly on the commercial side and that is where I focus most of my attention right now. So I was thinking just keep that one side as a residential company. I dont know may help on taxes too
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
Reply With Quote
  #20  
Old 07-26-2012, 04:46 PM
Rodriguez11 Rodriguez11 is offline
Senior Member
 
Join Date: Oct 2010
Location: Alabama
Posts: 102
Rep Power: 5
Rodriguez11 is on a distinguished road
Default

Well, paper work is now being done to transfer ownership to me! I will be making payments over the next 6 months to ensure that customers are not just going to all leave with me out all that money. Made an offer for down payment and the other company backed down! I should start on the 58 new accounts at the beginning of August
__________________
2008 F-350, 2006 rzt50 23kH, 2010 tank m48 with 25kH, 16x8 vnose car hauler, echo edgers and weedeaters.
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
how to respond to potential clients mramsa82 Starting a lawn care business. 3 04-19-2012 09:20 PM
Are you using Facebook to it's full potential? The Cleaning Doctor Lawn Care Marketing & Post your marketing material for review! 5 06-30-2011 12:51 PM
Potential new customers that are cheapos jymie Starting a lawn care business. 23 06-27-2011 11:16 PM
Should I send this to potential customers? CHEESE2009 Community Assistance 9 02-02-2010 11:37 AM
Income potential jasonw Starting a lawn care business. 13 06-11-2009 03:33 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Hi from IL
steveinil
Today 02:07 PM
Today 02:07 PM
by steveinil
0 14
WNY saying Hi.
Sargewesser
Today 07:27 AM
Today 07:27 AM
by Sargewesser
0 27
Group Buying Software as...
ferona
Today 06:49 AM
Today 06:49 AM
by ferona
0 30
How to: Use Thumbtack...
acrajchel
11-17-2014 06:39 PM
Yesterday 07:58 PM
by thom
17 567
How much do you up sell...
Essex Groundskeeping
11-23-2014 07:13 PM
Yesterday 06:29 PM
by stevef1201
8 177
This sucks...
Matther777
09-18-2014 05:56 PM
Yesterday 05:49 PM
by biglee
16 3,191
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
Yesterday 04:32 PM
by acrajchel
4 662
Hello from Kentucky
TRV
09-30-2014 06:42 PM
Yesterday 08:37 AM
by acrajchel
7 1,315
leaf removal
Double J LLC
10-03-2014 05:24 PM
11-23-2014 07:46 PM
by ExtremeLawncareServices
21 2,437
New website
Chilehead
11-20-2014 04:39 PM
11-23-2014 07:40 PM
by Just for Cuts
12 302
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
11-22-2014 10:49 PM
by Just for Cuts
16 531
Pics for website
tbtigers03
11-21-2014 05:40 PM
11-22-2014 10:01 PM
by Just for Cuts
3 163
Peco Bagger
AGPS
11-18-2014 02:20 PM
11-22-2014 05:56 PM
by AGPS
9 334
Beginner Mistakes:...
Steve
01-31-2007 12:45 PM
11-22-2014 02:42 PM
by stevef1201
22 6,191
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
11-21-2014 09:48 PM
by ExtremeLawncareServices
174 14,092
Contract or no contract?
TRV
11-20-2014 09:18 PM
11-21-2014 09:33 PM
by TRV
3 195
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
11-21-2014 08:02 PM
by stevef1201
4 349
Billboards for marketing
ExtremeLawncareServices
11-16-2014 08:39 PM
11-21-2014 07:05 PM
by acrajchel
13 409
Belt dealer problem
googus
11-21-2014 08:45 AM
11-21-2014 06:36 PM
by Steve
2 144
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
11-21-2014 06:32 PM
by Steve
7 254
What is going on with...
biglee
11-14-2014 03:04 PM
11-20-2014 02:50 PM
by biglee
40 991
My advice for new guys
avetslawncare
11-15-2014 09:32 AM
11-19-2014 01:47 PM
by biglee
10 526
Lawn Care business...
crieg122
10-23-2014 02:23 PM
11-19-2014 12:39 PM
by acrajchel
28 1,889
raking leaves ?
robert8509
10-22-2014 10:19 PM
11-18-2014 04:24 PM
by acrajchel
14 1,487
Leaf removal
madmedic8575
10-24-2014 05:14 PM
11-17-2014 07:34 PM
by acrajchel
6 1,220
sod job
SGlawncare
10-30-2014 09:21 PM
11-17-2014 07:10 PM
by acrajchel
7 808
Customer wants me to...
Mr. Mow
11-09-2014 07:13 AM
11-17-2014 06:48 PM
by acrajchel
10 576
Hello!
Brian3137
11-11-2014 07:15 PM
11-17-2014 06:46 PM
by acrajchel
14 503
small biz in Phoenix,AZ
anthonyramos1
11-08-2014 09:35 PM
11-17-2014 05:59 PM
by acrajchel
2 354
Client won't pay...
WesleySnips
10-30-2014 03:53 PM
11-17-2014 05:37 PM
by acrajchel
22 1,415
Government contracts
avetslawncare
11-15-2014 08:50 AM
11-17-2014 12:59 PM
by Steve
2 283
Need help on deciding a...
Brian3137
11-10-2014 06:32 PM
11-17-2014 12:44 PM
by Steve
12 546
West cost lawn prices
SGlawncare
10-09-2014 10:51 PM
11-16-2014 07:54 AM
by stevef1201
8 1,635
So how do you guys...
Mr. Mow
10-26-2014 08:55 AM
11-15-2014 08:44 AM
by avetslawncare
14 1,748
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
11-13-2014 08:35 AM
by jrs.landscaping
81 31,891
The most dangerous part...
Steve
10-06-2014 03:45 PM
11-12-2014 05:05 PM
by stevef1201
14 1,722
A little hang up in snow...
stevef1201
11-08-2014 07:05 AM
11-12-2014 12:51 PM
by Steve
4 467
Bi-weekly winter...
lxarth
11-04-2014 08:37 PM
11-12-2014 10:06 AM
by WesleySnips
9 654
taking first steps...
sizemorelawncare
11-10-2014 08:24 PM
11-11-2014 01:21 PM
by Steve
1 361
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
11-11-2014 08:12 AM
by Just for Cuts
4 417
Business Cards
crieg122
10-25-2014 01:03 PM
11-11-2014 07:56 AM
by Just for Cuts
12 1,365
How the unregister?
alive101
11-04-2014 07:39 AM
11-10-2014 01:48 PM
by Steve
4 640
Belt adjustment question
googus
11-05-2014 06:43 AM
11-10-2014 01:38 PM
by Steve
5 543
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
11-10-2014 01:25 PM
by Steve
2 381
Podcast
Shark1611
11-07-2014 05:42 PM
11-10-2014 11:41 AM
by Steve
1 342
hi, from Minnesota
rjklohn
11-07-2014 02:21 AM
11-07-2014 01:44 PM
by Steve
1 364
New to snow plowing
SS.Lawncare
11-05-2014 04:00 PM
11-07-2014 01:21 PM
by Steve
6 604
New Member
tonyap
11-05-2014 10:35 PM
11-07-2014 01:15 PM
by Steve
1 404
New to the business
jcurr33
11-05-2014 03:21 PM
11-07-2014 01:11 PM
by Steve
1 456
Lines
Matther777
11-04-2014 02:19 PM
11-07-2014 12:54 PM
by Steve
1 490
» Popular Tags
2wd 4x4 apartment complex auger bark bob villa charge christmas collections edging employee problems equipment rental exmark ferris georgia gopherhaul grass gravely hardscapes hills holiday how much to charge husqvarna jobs john deere quik trac 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 mechanic monthly mowing mr dave mulch mulch estimate new buisness new business past due per hour service podcast push versus ride savannah scripts seo shell small engine repair starting a business starting a lawn care business sulky theft toro tractor auger trailer trimmer rack up sell employee walk behind walker wood wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 05:48 PM.


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

All times are GMT -5. The time now is 05:48 PM.

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