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Greenatthis
03-04-2006, 02:28 PM
52 inch Scag Commercial zero turn lawn mower ( 23 horsepower, Kawasaki engine, 500 hours )

42 inch Ariens Residential zero turn lawn mower ( 17 horsepower, Briggs & Stratton engine, very little use in the last 3 years )

Echo commercial weedeater

Echo blower

Echo commercial hedge clippers

5x8 utility trailer with drop down gate

20 established yards

The guy is moving and taking a different job and just wants to sell the whole business. He is asking $10,000.

Thanks for the input

Tim Wright
03-04-2006, 02:42 PM
I think it is worth 10K.

PTP
03-04-2006, 02:57 PM
For myself, I spend about $100 to gain 1 residential account. That makes the accounts worth about $2,000. If the equipment is worth $8000 then you have a deal.

Another thing that you need to consider is that you will have the accounts now. You will not have to build them up to 20. If you start yourself now, you could likely have 20 accounts by the end of the year but you would be gradually getting to 20.

Let me put it another way. I will assume that all of the accounts generate $30 per week.

If you add 1 account per week for 20 weeks, your total gross at the end of that 20 weeks is $6,300.

If you service 20 accounts for 20 weeks, your total gross is $12,000 - almost double.

You may be able to do things cheaper by not buying the business but your net income will likely be higher if you do buy the accounts.

timturf
03-04-2006, 03:52 PM
Answer these questions.

How many weeks do you mow?
Are they all weekly accounts?
What is the weekly gross mowing for 20 accouints?
How many hours to mow all 20 accounts?
What other income can you expect from those 20 accounts?

Now that tells you your gross income.

What conditions is the equipment in, what is it worth?

Palmer'sLS
03-04-2006, 03:56 PM
hey timturf.....where at in central va? i am in ruckersville?

btw..if you have the money, do it....but i had to start from scratch, and it means alot more to me.....thats how i feel

timturf
03-04-2006, 04:14 PM
hey timturf.....where at in central va? i am in ruckersville?

btw..if you have the money, do it....but i had to start from scratch, and it means alot more to me.....thats how i feel

Close enough to be competition!

Palmer'sLS
03-04-2006, 04:16 PM
haha....the GC superintendent part....thats not william monroe high is it...i hope it stands for somethin else

Palmer'sLS
03-04-2006, 04:19 PM
haha timturf, i'm only 16, and all my lawns are preestablished....im no threat haha

Greenatthis
03-04-2006, 04:30 PM
The yards average 30 cuts per year each, and he didn't unload for less than $35 per cut. The equipment seems to be in good condition, I also have a 50 in Dixon and a 50 in Cub Cadet. I only have 5 yards that I take care of, but they are pretty big yards. 3 of them take me one whole day to mow and edge.

timturf
03-04-2006, 05:19 PM
The yards average 30 cuts per year each, and he didn't unload for less than $35 per cut. The equipment seems to be in good condition, I also have a 50 in Dixon and a 50 in Cub Cadet. I only have 5 yards that I take care of, but they are pretty big yards. 3 of them take me one whole day to mow and edge.

If you cut 30 times, every yard, and bring in no other income from those 20 new accounts, you gross $21,000

Greenatthis
03-04-2006, 06:57 PM
How much can one man mow with this equipment? The yards are in two communities, 15 in one and 5 in another. The communities are about 15 minutes apart.

J&R Landscaping
03-04-2006, 07:48 PM
It sounds like a good deal! If I were you and I had the 10k, I would buy it!

timturf
03-04-2006, 08:13 PM
How much can one man mow with this equipment? The yards are in two communities, 15 in one and 5 in another. The communities are about 15 minutes apart.

how large are the yards?

You should have a good idea, you own a dixon 50" mower!

Greenatthis
03-06-2006, 03:59 PM
my yard is a little different though, I have 28 oaks, 3 shops, a garden, and about 300 foot of lake front to mow, so it's not exactly your average mow.... lol

But with my dixon, if I really get after it, the mowing only takes about 45 minutes, and the edging takes about 30.