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? > Starting a lawn care business.

Starting a lawn care business. How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.

What should I pay for this contract?


Starting a lawn care business.

How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 03-15-2009, 12:03 AM
Mr Greenthumb Mr Greenthumb is offline
Junior Member
 
Join Date: Feb 2009
Posts: 14
Rep Power: 8
Mr Greenthumb is on a distinguished road
Question What should I pay for this contract?

Hey all. I'm looking at purchasing a maintenance contract from a landscaper. that has a minimum value of 1000/month. The contract made $10200 last year. He has it listed at $5000 which seems quite expensive to me, but I have never purchased an existing contract before. What would you pay?
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 03-15-2009, 01:15 AM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 9
Little's is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
This question has gone around many times in the past here and there are some varying views, but the consensus usually ends up being that a contract is worth about 1 month of its pay. So up to $1000 in your case depending on a few variables give or take a hundred or two.
__________________
Northern California
Reply With Quote
  #3  
Old 03-15-2009, 03:26 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,948
Rep Power: 10
Steve has disabled reputation
Default

Hello!

Quote:
Hey all. I'm looking at purchasing a maintenance contract from a landscaper. that has a minimum value of 1000/month. The contract made $10200 last year.
I don't think it matters what it made last year because these contracts are perishable. For all we know, they all ended last year and no one would ever sign up with that lawn care business owner again!

Can you tell us a little about the contract? Is it for one client? Multiple clients? Etc.
__________________
- 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
  #4  
Old 03-15-2009, 11:11 AM
Mr Greenthumb Mr Greenthumb is offline
Junior Member
 
Join Date: Feb 2009
Posts: 14
Rep Power: 8
Mr Greenthumb is on a distinguished road
Default

The Contract is for 1 client. The job takes 5-7 hrs/week to complete and runs from april to october. The client supplies a 60"z mower and an atv with trailer for cleanup. I just provide all other tools.

One month sounds fair to me, i was thinking 10-15% of contract value.
Reply With Quote
  #5  
Old 03-15-2009, 04:09 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,948
Rep Power: 10
Steve has disabled reputation
Default

Why is he selling it? Did you ask? How long is the contract to last? Can you talk with the property manager there or work the place for a few times to see if everything is ok?
__________________
- 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
  #6  
Old 03-15-2009, 08:03 PM
Mr Greenthumb Mr Greenthumb is offline
Junior Member
 
Join Date: Feb 2009
Posts: 14
Rep Power: 8
Mr Greenthumb is on a distinguished road
Default

The Landscaper is getting out of the biz and moving out of town. I will be meeting with the landscaper and the client later this week.
Reply With Quote
  #7  
Old 03-15-2009, 08:28 PM
SuperiorPower
Guest
 
Posts: n/a
Smile

I know that I am not exactly in this line of business but I think I would be real sceptical about paying much of anything until the client signs a contract with you and you have it in hand. At that point it would amount to a "finders fee" and not a "contract purchase". I think this changes how much most people would value the transaction for. I agree with the others, a contract, as a contract, is perishable (in my opinion, especially when it is not a contract between you and the client) and is worth only about one months pay at the most.

I think I would tell the landscaper that if you and the client decide to sign a contract then you will pay X amount. If you decide to not sign it you will pay him nothing or only Y amount....

Good luck and hope this helps,
Eli
Reply With Quote
  #8  
Old 03-15-2009, 09:52 PM
Mr Greenthumb Mr Greenthumb is offline
Junior Member
 
Join Date: Feb 2009
Posts: 14
Rep Power: 8
Mr Greenthumb is on a distinguished road
Default

thanks for all the input. I agree with you, I wouldn't pay anything until I met with the client and have a contract signed.
Reply With Quote
  #9  
Old 03-16-2009, 12:39 AM
lawn-guy's Avatar
lawn-guy lawn-guy is offline
Member
 
Join Date: Mar 2009
Posts: 97
Rep Power: 8
lawn-guy is on a distinguished road
Default

i have to agree with most everyone on here you dont know if 3 weeks down road the customer is gonna cut all ties or what i would at the least meet with both of them and also have seller sign a no compete contract
__________________
<a href="http://www.gopherforum.com/index.php?pageid=GopherHaul-Lawn-Care-Business-School&graduate=0723c4d94a573fb9f37863b2a851f9b6">
<img src="http://www.gopherforum.com/uploaded-files/images/school-logo-banner.gif" border="0">
</a>
Reply With Quote
  #10  
Old 03-16-2009, 01:04 AM
Mr Greenthumb Mr Greenthumb is offline
Junior Member
 
Join Date: Feb 2009
Posts: 14
Rep Power: 8
Mr Greenthumb is on a distinguished road
Default

Anyone have any samples of what a no-compete contract would look like?
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
contract moseley creek General Talk 1 10-24-2007 05:26 PM
Low Bid, no contract tiedeman General Business Discussions 2 05-30-2007 10:00 PM
Estimate to Contract Apex Lawn 2003 Gopher Software Support Archived Question & Answers - Read Only 1 01-30-2006 12:44 PM
Contract F.A.Q.'s Steve Gopher Software Support Archived Question & Answers - Read Only 0 02-23-2004 10:31 AM
installation contract xtreme lawn General Business Discussions 0 06-07-2003 12:42 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Is it too late?
Cpadgett
Yesterday 09:10 AM
Yesterday 08:27 PM
by Chilehead
1 32
Firefighter gone Lawn...
Firehouselawn@hotmail.com
03-10-2016 04:50 PM
05-27-2016 08:17 PM
by J.A.S.LawnService
7 9,669
help with sole...
greenbuds
03-24-2016 12:21 PM
05-27-2016 12:20 PM
by Wolf4dk
3 9,409
Whats up??
Cpadgett
05-27-2016 10:57 AM
05-27-2016 10:57 AM
by Cpadgett
0 20
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
05-26-2016 04:45 PM
by lawngawd7
9 328
Help a Brother Out -...
Hedgemaster
01-23-2012 04:19 PM
05-26-2016 04:34 PM
by Crossett73
91 33,708
Hello from Alabama
pruzilla
05-25-2016 01:20 PM
05-26-2016 08:14 AM
by pruzilla
2 56
Hello from Centreville!
Daveylawns
05-23-2016 09:04 AM
05-24-2016 04:08 PM
by Steve
1 73
Laying new grass, Sod...
WarriorLandscapingCAN
05-23-2016 10:07 AM
05-23-2016 08:41 PM
by Steve
1 61
I need some aeration...
rootytalbot
08-14-2015 12:32 PM
05-23-2016 09:06 AM
by Daveylawns
10 3,778
Prolin
rmccutchan
05-21-2016 04:53 PM
05-21-2016 06:36 PM
by rmccutchan
2 79
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
05-20-2016 07:08 PM
by Stevenor92
8 210
Intro
LaraRahmani
05-18-2016 02:54 PM
05-19-2016 02:43 PM
by Steve
2 114
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
05-18-2016 07:34 PM
by Stevenor92
4 191
New mower!!!!
Stevenor92
05-18-2016 03:46 AM
05-18-2016 06:39 PM
by Stevenor92
2 120
Say Hello !!!
Steve
03-19-2007 11:18 AM
05-18-2016 02:59 PM
by LaraRahmani
1,249 434,981
Stupid idea?
hopolb33
05-13-2016 11:25 AM
05-16-2016 11:22 AM
by Steve
1 165
Planting SKYBOUND CEDARS
FrankieeLawnz
05-13-2016 03:59 PM
05-16-2016 11:21 AM
by Steve
1 143
Edging Fad...
Tree geek
05-10-2016 11:29 PM
05-15-2016 11:12 PM
by Tree geek
2 194
Business Overload
Chilehead
05-06-2016 09:27 PM
05-13-2016 11:15 AM
by Steve
11 402
Hello from great state...
Cel1980
05-11-2016 09:00 AM
05-13-2016 11:07 AM
by Steve
2 169
Did this job free to...
JJand M Lawncare
05-02-2016 02:33 PM
05-11-2016 03:54 PM
by JJand M Lawncare
10 441
How to tell Cust. to...
GeeGood
04-09-2008 09:55 PM
05-09-2016 07:08 PM
by JJand M Lawncare
16 5,531
Echo SRM 230 trouble.
Jack Rabbit
05-08-2016 06:16 PM
05-08-2016 11:22 PM
by Just for Cuts
1 156
Toro ZTR Issues
rsanchez1203
05-06-2016 09:27 PM
05-07-2016 10:26 AM
by Steve
2 181
Correct way to quote a...
WarriorLandscapingCAN
05-02-2016 11:52 AM
05-03-2016 10:59 AM
by Steve
1 301
» 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 07:42 AM.


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

All times are GMT -5. The time now is 07:42 AM.

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