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 > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

Buying account


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 04-24-2009, 09:15 PM
elitelawns elitelawns is offline
Junior Member
 
Join Date: Dec 2008
Location: Oklahoma
Posts: 15
Rep Power: 8
elitelawns is on a distinguished road
Default Buying account

What are your take on buying account. What kind of question do i need to ask.
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 04-24-2009, 09:31 PM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
1st of all, I do not support the idea. But if you are going to....
How long have they been clients?
How long is left on the contract?
How much per month/year?
Then go look at the property & figure out how long it will take to service.
Is it worth the price they pay or was it underbid in the 1st place & that's why they are dumping the account?
Which brings up..... why are they selling the account?
As a general rule a typical account might be worth 1 months gross revenues, could be more if it's a multi-year contract.
Reply With Quote
  #3  
Old 04-25-2009, 10:22 PM
elitelawns elitelawns is offline
Junior Member
 
Join Date: Dec 2008
Location: Oklahoma
Posts: 15
Rep Power: 8
elitelawns is on a distinguished road
Default

So here what i found out is he want's 10,000. No contract his highest paid yard is $50. He will be selling 125 account gross is 12.500 net 7,500 a month. He will stay on for a week. he had them for two years. He will sign a no contract for 4 years for lawn maintenance. I wish i could think of something like if they don't stay with us for a month he will refund us one hundred dollar. has anyone ever ask that of the seller.
Reply With Quote
  #4  
Old 04-25-2009, 10:58 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 38,042
Rep Power: 10
Steve has disabled reputation
Default

I'd also want to know why he is selling the accounts.

Quote:
He will sign a no contract for 4 years for lawn maintenance.
Is this a non-compete agreement?

Quote:
He will be selling 125 account gross is 12.500 net 7,500 a month.
That's about $100 per lawn gross.

$25 per week gross. And that is the average. I am guessing some could even be less than that.

However the net really is up in the air because it's going to come down to what are YOUR expenses for cutting those lawns.

Did you check out these lawns? How much would you bid on them?

What I would hate to see happen to you is that you buy these accounts site unseen and you find out he lowballed them. He is not making any money on cutting them and then he figures he wants out so he will sell them.

Quote:
I wish i could think of something like if they don't stay with us for a month he will refund us one hundred dollar. has anyone ever ask that of the seller.
It's a great idea but it might be next to impossible to get that money from him if the money is not put in an escrow account.

The big thing is not whether they stay, it's are they profitable to you. If they aren't, the entire deal is worthless to you.

What's your take on all 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

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
Moving account days espartolawncare General Talk 1 04-13-2009 12:17 PM
Commerical Account legendlawn General Talk 5 01-19-2009 04:43 PM
Travel Account tiedeman Tree Care, Irrigation, Landscaping, Hardscapes 7 04-11-2007 08:29 AM
Commercial Account myrlin General Business Discussions 15 04-07-2006 09:25 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
fliers
joshp
08-19-2016 03:23 PM
Yesterday 07:47 PM
by SC93
11 686
fert/lawn programs
joshp
08-28-2016 10:43 AM
Yesterday 03:27 PM
by acrajchel
2 237
My Invention
biglee
01-11-2015 06:51 PM
Yesterday 10:43 AM
by joshp
20 2,893
Landscaper taking on odd...
WarriorLandscapingCAN
08-07-2016 06:57 PM
08-28-2016 10:31 AM
by joshp
7 840
Review of our lawn care...
Lawnline
07-12-2016 06:40 PM
08-27-2016 10:51 AM
by Steve
7 1,851
Start My Own Business?
mowandblow1980
01-12-2016 07:43 PM
08-25-2016 12:55 PM
by Steve
19 2,194
Looking for new host
Just for Cuts
11-26-2015 06:58 AM
08-24-2016 09:05 PM
by Stephen Alberts
10 1,941
Facebook advertising
Just for Cuts
12-13-2015 07:49 AM
08-24-2016 08:59 PM
by Stephen Alberts
14 13,148
Breaking into commercial...
SGL1
08-19-2016 07:02 AM
08-24-2016 10:12 AM
by mowandblow1980
7 639
Snow Plow
acrajchel
08-17-2016 10:21 AM
08-22-2016 11:21 AM
by Steve
5 606
Quarter Acre Woodland...
ew411
08-16-2016 06:50 AM
08-18-2016 12:25 PM
by Steve
4 591
Bidding Bushhogging
acrajchel
08-15-2016 11:52 AM
08-17-2016 05:32 PM
by acrajchel
4 588
Hello From the Florida...
KevinShuman
08-15-2016 08:57 PM
08-16-2016 01:52 PM
by SC93
2 584
I'm making stupid money...
WarriorLandscapingCAN
08-07-2016 07:07 PM
08-16-2016 12:42 AM
by SC93
5 888
A quick Intro
BLE
08-14-2016 05:17 PM
08-15-2016 10:54 AM
by acrajchel
2 575
New Customer - Gettting...
acrajchel
08-05-2016 05:00 PM
08-15-2016 10:52 AM
by acrajchel
4 848
helping out a friend set...
Doug D
08-13-2016 11:33 AM
08-15-2016 09:45 AM
by Steve
1 583
Small bed job
Bradcook21
08-09-2016 09:52 PM
08-10-2016 03:51 PM
by Steve
1 703
Hello from NoVa
jtwlawn
08-03-2016 11:20 AM
08-09-2016 10:45 AM
by jtwlawn
4 844
How much to charge for...
jymie
03-31-2013 05:59 PM
08-08-2016 04:33 PM
by Steve
27 6,693
Needing a website built
burtle
06-17-2015 09:02 AM
08-07-2016 10:21 AM
by Just for Cuts
18 19,872
New Site Hows it look
Infinitelawn
03-16-2015 10:32 AM
08-07-2016 08:37 AM
by Lawnline
8 11,330
Hey guys! Greetings from...
thegardener
08-05-2016 05:45 AM
08-05-2016 03:26 PM
by Steve
1 746
First Time Bidding-Need...
capitallawncrew
08-01-2016 08:30 AM
08-03-2016 09:52 AM
by Steve
3 712
Show us your stripes
Just for Cuts
05-21-2015 03:07 PM
08-01-2016 08:28 PM
by ExclusiveLawns
7 3,821
» Popular Tags
apartment become an entrepreneur best mower be your own boss bidding break business business education business help business management complex contractor hacks contracts deck lift dethatcher edging entrepreneur entrepreneur education estimate estimates fuel problems fuel pump half moon blade intro introduction jjandm lawncare l.t.rich landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawn lawncare lawnservice lowering grade marketing mulch planting raising grade residential lawn care richmond va richmond virginia lawn care safety scag snowblower snow plowing snow shovel sprayer start a business start a lawn care business start business start up toro timecutter townhome tree tree service video web design websites what to charge work from home z-max z-spray
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 02:03 AM.


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

All times are GMT -5. The time now is 02:03 AM.

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