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 > Just starting your lawn care or landscaping business? > Introduce Yourself

Introduce Yourself Welcome all new forum members. Please introduce yourself and tell us about you. Tell us about your company. How did you get started? How long have you been in business? What do you do for fun? Don't be shy, say hello! It's fun and educational to interact on the forum!

New to the forum


Introduce Yourself

Welcome all new forum members. Please introduce yourself and tell us about you. Tell us about your company. How did you get started? How long have you been in business? What do you do for fun? Don't be shy, say hello! It's fun and educational to interact on the forum!
Reply
 
Thread Tools Search this Thread
  #1  
Old 02-24-2009, 09:06 PM
RCKCRWLR's Avatar
RCKCRWLR RCKCRWLR is offline
Junior Member
 
Join Date: Feb 2009
Location: Salt Lake City, UT
Posts: 2
Rep Power: 8
RCKCRWLR is on a distinguished road
Default New to the forum

My name is Mark. I live in West Valley, UT. My company's name is Master's Touch Lawn Care. I purchased an existing small business from friends and have been involved for about 5 years now.
Until recently I hadn't thought about online forums. There is a LOT of good information thanks to a lot of people.
I actually found this site via lawnchat.com while searching for contract examples and help with accurately estimating jobs.
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 02-24-2009, 09:13 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,945
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
Hi Mark,

Welcome to our forum!

Being that you had gone through the process of buying an existing lawn care business, what kind of advice can you offer other entrepreneurs that are interested in buying a lawn care business?
__________________
- 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
  #3  
Old 02-24-2009, 09:43 PM
RCKCRWLR's Avatar
RCKCRWLR RCKCRWLR is offline
Junior Member
 
Join Date: Feb 2009
Location: Salt Lake City, UT
Posts: 2
Rep Power: 8
RCKCRWLR is on a distinguished road
Default

I don't make any claims of knowing everything but from my experience, which wasn't the best, I would say look into the business VERY closely, get ALL of the finacial info. from the past couple of years, and if you want to keep your friends don't go into business with them. If you do get into a partnership, one of the partners needs to have a controlling percentage, like 51%. Otherwise you end up with arguments that can't be resolved because each partner has an equal say in the decisions. It's a BAD situation to be in especially if it's a friend!
When I was looking at buying into the business I it had contracts with real estate investors, dealerships, etc. What I wasn't told was they had lost those contracts shortly before I purchased 50% of the business. I ended up paying WAY to much for 5 residential accounts. We now have over 30 residential and several commercial accounts. I now own the business and things are progressing.
Reply With Quote
  #4  
Old 02-24-2009, 10:15 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,945
Rep Power: 10
Steve has disabled reputation
Default

Oh that is very fascinating!

If you could have done it all over again, what would you have done differently?

Would you still have bought into an existing lawn care business or would you start one from scratch?

Also what was your view on why you didn't start one from scratch?
__________________
- 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
  #5  
Old 03-06-2011, 10:45 PM
DonnaP DonnaP is offline
Junior Member
 
Join Date: Mar 2011
Posts: 1
Rep Power: 0
DonnaP is on a distinguished road
Default

Mark, if you're still around. I, too, would like to know what you would have done differently if you could have?

My husband and I are considering purchasing a similar situation (an existing lawn care business) for our son but not from friends or anything like that, more like that of another poster somewhere on here from someone getting out of the business or at least scaling back and breaking up his big business into several smaller ones, one of which is what we'd be buying. It consists of 14 yards, a mix of residential and commercial with some cemeteries. He says it brings in app. $15-1600/mo. and comes with a 2009 Exmark mower (at least when it gets the engine completely rebuilt with warranty from the manufacturer or replaced with warranty also from factory, which is supposed to at least be decided if not done this week, if not he's supposed to loan a brand new mower until it is - he told me the name of it but I can't find it right now). He said the Exmark is worth $6000 but I'm not seeming to find that anywhere online, thought I would call the local dealer tomorrow to get his take on it. But he's also told my son (and/or his friend who was going to help him, though now I'm not sure - supposedly you can do all the yards in 3 days but I'm not sure if that's with two - and he supposedly also has a mower - or not) that he's really just selling the business and just throwing in the mower.
Okay, now the real issue - he's asking $13,000 for this business. Now I didn't think that much about that to begin with (okay, call me stupid; maybe I am) until I read that other guy's postings about somebody saying you should only pay like a month's income for the business? is that right? then this would be like way out of line!? right? Please help.
Reply With Quote
  #6  
Old 03-06-2011, 10:58 PM
jymie's Avatar
jymie jymie is offline
Senior Member
 
Join Date: Aug 2008
Location: Hamburg New York
Posts: 912
Rep Power: 8
jymie is on a distinguished road
Default

Thats an awful lot of cash to outlay with no guarantee that those customers will actually stay with you. If you want to start a business like this it makes much more sence to build it from the ground up on your own. Do your own advertising, start small and work up. Try to avoid going into debt to start up the business as that is a sure recipe for failure. Pick up a 42" riding mower push mower, trimmer & blower. Check craigslist and local pawn shops for the small equipment, get a riding mower from Home Depot to start with, it will last you a couple years then you can upgrade.
Reply With Quote
  #7  
Old 03-07-2011, 09:12 AM
Gls Gls is offline
Member
 
Join Date: Mar 2011
Posts: 36
Rep Power: 6
Gls is on a distinguished road
Default

To be honest I would offer whatever the used equipment is worth, plus a percentage of all profitable income, for say, the first year maybe. This way you have garunteed income from his clients. And if they don't pay, he doesn't get paid. They could be his best, but more like his worst clients. On top of this you can start building your own clientel. He may need/want cash fast but then you are dealing in a lot of risk in the first place... Jmo!
Reply With Quote
  #8  
Old 03-07-2011, 04:57 PM
950thomas 950thomas is offline
Senior Member
 
Join Date: Jan 2011
Posts: 171
Rep Power: 6
950thomas is on a distinguished road
Default

For the 13 thousand investment u are still going to need more equipment after the purchase and that is Not a lot of properties generating enough profit to pay for itself in a reasonable amount of time if u want to start your son in business take that money and use it towards equipment and advertising think u will come out better
Reply With Quote
  #9  
Old 03-07-2011, 10:11 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,945
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Okay, now the real issue - he's asking $13,000 for this business. Now I didn't think that much about that to begin with (okay, call me stupid; maybe I am) until I read that other guy's postings about somebody saying you should only pay like a month's income for the business? is that right? then this would be like way out of line!? right? Please help.
Welcome to our forum Donna.

Can you give us a little background into all this and tell us why you are considering doing this?
__________________
- 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

Tags
buying a lawn care business, partnership

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
new to forum sasquatchmonk Introduce Yourself 6 02-15-2009 11:33 AM
New to the Forum fred333 Introduce Yourself 3 02-12-2008 11:29 AM
New to the Forum TNLC 04 Introduce Yourself 3 02-01-2008 02:38 PM
new to forum accesslawns Introduce Yourself 9 01-13-2008 03:10 PM
New Forum B7 Enterprise Introduce Yourself 4 11-22-2007 12:20 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Laying new grass, Sod...
WarriorLandscapingCAN
Yesterday 10:07 AM
Yesterday 08:41 PM
by Steve
1 29
I need some aeration...
rootytalbot
08-14-2015 12:32 PM
Yesterday 09:06 AM
by Daveylawns
10 3,731
Hello from Centreville!
Daveylawns
Yesterday 09:04 AM
Yesterday 09:04 AM
by Daveylawns
0 26
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
05-22-2016 11:45 AM
by jrs.landscaping
8 239
Prolin
rmccutchan
05-21-2016 04:53 PM
05-21-2016 06:36 PM
by rmccutchan
2 47
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
05-20-2016 07:08 PM
by Stevenor92
8 162
Intro
LaraRahmani
05-18-2016 02:54 PM
05-19-2016 02:43 PM
by Steve
2 84
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
05-18-2016 07:34 PM
by Stevenor92
4 153
New mower!!!!
Stevenor92
05-18-2016 03:46 AM
05-18-2016 06:39 PM
by Stevenor92
2 87
Say Hello !!!
Steve
03-19-2007 11:18 AM
05-18-2016 02:59 PM
by LaraRahmani
1,249 434,402
Stupid idea?
hopolb33
05-13-2016 11:25 AM
05-16-2016 11:22 AM
by Steve
1 121
Planting SKYBOUND CEDARS
FrankieeLawnz
05-13-2016 03:59 PM
05-16-2016 11:21 AM
by Steve
1 110
Edging Fad...
Tree geek
05-10-2016 11:29 PM
05-15-2016 11:12 PM
by Tree geek
2 158
Business Overload
Chilehead
05-06-2016 09:27 PM
05-13-2016 11:15 AM
by Steve
11 346
Hello from great state...
Cel1980
05-11-2016 09:00 AM
05-13-2016 11:07 AM
by Steve
2 132
Did this job free to...
JJand M Lawncare
05-02-2016 02:33 PM
05-11-2016 03:54 PM
by JJand M Lawncare
10 390
How to tell Cust. to...
GeeGood
04-09-2008 09:55 PM
05-09-2016 07:08 PM
by JJand M Lawncare
16 5,483
Echo SRM 230 trouble.
Jack Rabbit
05-08-2016 06:16 PM
05-08-2016 11:22 PM
by Just for Cuts
1 132
Toro ZTR Issues
rsanchez1203
05-06-2016 09:27 PM
05-07-2016 10:26 AM
by Steve
2 149
Correct way to quote a...
WarriorLandscapingCAN
05-02-2016 11:52 AM
05-03-2016 10:59 AM
by Steve
1 257
Having an issue with...
Mr. Mow
04-27-2016 03:58 PM
04-28-2016 05:04 AM
by Sprinkler Buddy
2 273
Hello From Virginia
JJand M Lawncare
04-25-2016 01:02 PM
04-27-2016 05:20 PM
by Steve
5 310
knowledge is Key
Greg'slawnandlandscape
04-23-2016 02:23 AM
04-25-2016 02:40 PM
by Steve
2 292
Hello from Calgary
Freshcut
04-22-2016 06:10 PM
04-25-2016 02:38 PM
by Steve
1 257
» Popular Tags
advertising become an entrepreneur best mower be your own boss break business education business help business management contractor hacks deck lift dethatcher edging entrepreneur entrepreneur education estimates free lawn care fuel problems fuel pump half moon blade hydro increase customers jjandm lawncare landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawncare lawn mowing lawnservice lowering grade marketing mulch new business planting plowing raising grade residential lawn care richmond va richmond virginia lawn care roundup safety scag snowblower snow plowing snow shovel solo solo backpack sprayer start a business start a lawn care business start business start up swzt toro timecutter tree tree pics tree service video walk behind what to charge work from home
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 12:02 PM.


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

All times are GMT -5. The time now is 12:02 PM.

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