If someone offered to buy your business

[Team Gopher]

If someone wanted to buy your business and offered enough money that you would sell, what would you do next?

[MLI]

I'd look into a Dunkin Donuts franchise. BIG money involved when it comes to that morning cup of joe!

[YardMeister]

I'd be out on my new Grady White, trying to catch the Big One! :cool:

[CamLand]

Funny i've been asked to buy my business from 2 diffrent lawn services,of course when i see money then the decision will arise,i would however stay in the lawn and landscape field,say as a foreman or comparable position...

[John Gamba]

I had that happen this past summer, it took two seconds for me to think about it and I'VE NEVER BEEN HAPPIER.
I'm looking for a 48" walk behind that i will put in the back of a pick up and be a super scrub.
John

[Fantasy Lawns]

I'd build my dream sports bar .... 20 Diamond pool tables .... 10 Darts .... 10,500 sq ft .... stand alone building .... lots of APA

[rkk95]

John didn't you have to sign a non compete agreement?

[John Gamba]

[QUOTE]Originally posted by rkk95
[B]John didn't you have to sign a non compete agreement?

Yes, I cannot mow over a certain dollar amount. so i will work with mostly granny lawns. it will keep me busy.
john

[rodfather]

Originally posted by John Gamba
[QUOTE]Originally posted by rkk95
[B]John didn't you have to sign a non compete agreement?

Yes, I cannot mow over a certain dollar amount. so i will work with mostly granny lawns. it will keep me busy.
john


John

I'm interested in knowing how the dollar amount was calculated? Is it price per lawn, total year end rev, what?

[John Gamba]

Rodfather
Its price per lawn and it is low. Idle hands are the devils work shop!
John

[T.E.]

Had someone call me the other day, and ask me if I'd sell them some of my accounts? Not interested.

[John Gamba]

[QUOTE]Originally posted by T.E.
[B]Had someone call me the other day, and ask me if I'd sell them some of my accounts? Not interested.

You should at least look at the money,then decide.
John

[T.E.]

Yes,but they didn't want the whole biz.just pick, and choose. Also they seemed a little shady, just a gut feeling though. Tony

[CSRA Landscaping]

I'd probably go back to language school for a refresher and get back into translation work ... on a flexible schedule.

[tiedeman]

I tried the whole sell thing for 4 days, backed out of the deal. I see myself in this business for life

[MacLawnCo]

Originally posted by tiedeman
I see myself in this business for life

Same with me, but half of me so desperately wants to be the average college student without any cares in the world...of course that will never happen but i can dream cant i? The other half of me says go, and conqure more accounts.

[tiedeman]

Originally posted by MacLawnCo
Same with me, but half of me so desperately wants to be the average college student without any cares in the world...of course that will never happen but i can dream cant i? The other half of me says go, and conqure more accounts.

exactly:D

[dmk395]

If the money was right I would surely sell. I would want enough to retire, otherwise I don't know that it would be worth it.

[darryl gesner]

Nope. I wouldn't sell. This is only our second year and I'm still enjoying it. When I stop enjoying it, then maybe I'd sell. No idea what I'd do instead. Maybe go back to another previous career until I get tired of it again.

[mower_babe]

iwouldsell...without enough thought, probably. I guess it depends on what day you ask me on.

[Evan528]

If the price was right id sell in a heart beat. After 10 years in this business im bored, frustrated tired of doing the same thing day in and day out. Would have to be a very nice chunk of change though ;)

[65hoss]

I wouldn't sell. No question. Some things in life just don't have a price tag on them. I enjoy what I do. To me, everyday is a blessing. Money can't give me that. Its being happy with my situation. I wake up everyday not thinking I'm going to work, I'm doing what I love. My own boss, making things grow, dealing with people and playing with equipment. I'm satisfied with my decision to be in this industry.

[John Gamba]

This is why i SOLD!!!!!!!!!!! But i will do it part time?

[dmk395]

Gamba,

I didnt know you sold? Enough to retire?

[rodfather]

Originally posted by 65hoss
I wouldn't sell. No question. Some things in life just don't have a price tag on them. I enjoy what I do. To me, everyday is a blessing. Money can't give me that. Its being happy with my situation. I wake up everyday not thinking I'm going to work, I'm doing what I love. My own boss, making things grow, dealing with people and playing with equipment. I'm satisfied with my decision to be in this industry.


Nice attitude Eric:D BTW, I always thought you were a first class act...

[mower_babe]

Originally posted by John Gamba
This is why i SOLD!!!!!!!!!!! But i will do it part time?

(hey-johnny- if i squint i can see my future house in the distance on the right hand side....):p

[John Gamba]

DMK

Yes if done correctly, It was all the realestate,The accounts and all equipment. Plus i had money from a body shop i owned. I will be semi retired but i must walk behind a mower or EXERCISE to keep from getting fat again. Don;t stop smoking it will KILL you. Also i've done this for i think 10 years.
John

[tiedeman]

John,
you are always posting those dang pictures. Knock it off, you are making me want to go on a cruise or move down south or something. :)

(or become your best friend :))

[SprinklerGuy]

If the money were right I would sell.....for cash only not payments. My business already kinda runs itself...so I'm actually getting payments as it is! And a paycheck.

But...I have other interests and would like to try something else...don't know what so don't ask.....but the money would have to be pretty good as I am gleaning pretty good money annually with very llittle input from myself other than sitting in office at pond answering phone...etc.

[65hoss]

Originally posted by rodfather
Nice attitude Eric:D BTW, I always thought you were a first class act...

Thanks Rod!

[ECHOTURF]

I'd sell - For a price! payup I'm a private pilot now and would love to get my ATP (Airline Transport Pilot) or commercial helicopter license and work out west on those fires! Even a Medi-vac sounds good!

Oh, I'd probably start up a lawn care again on the side. LOL

[Team Gopher]

Do you have any pics of you flying IDEALGREEN? That would be great to see!

[ECHOTURF]

OK - Here a few images of my plane and flying over Lake Winnebago near Appleton, WI. I was about 5000' on the last picture. I also have been certified in 172's which are a 4 seat version of the plane pictured below.

I love to fly!!!!

One of my favorite Cessna 152's I flew during training at Madison, WI.
-------------------------------------------------------:angel: ----------------------------------------------------
http://home.new.rr.com/idealgreen/_borders/n95787_out.jpg
-------------------------------------------------------:angel: ----------------------------------------------------
http://home.new.rr.com/idealgreen/_borders/EVMP0079.JPG
-------------------------------------------------------:angel: ----------------------------------------------------

[ccwmlw]

I guess there probably is a price for me, but I would hate to because I would probaly have to go back to the accounting field. I may try another business idea. Great question.

[Tvov]

Originally posted by mower_babe
iwouldsell...without enough thought, probably. I guess it depends on what day you ask me on.

ROFL.... Exactly!

[Team Gopher]

Hi Ccwmlw,

I may try another business idea.

Any thoughts on what you would like to try next, if you did?

[Green in Idaho]

-Compost facility.

-Outdoor/Hunting/fishing outfitter specializing in trips for kids.

-Traveler.

Currently working on the two business plans. :)

[dvmcmrhp52]

I'd go and start something else.

[Kohls Landscaping Co]

If the money was right and when I expand my current business into a large enough company, I'd farm.

-dave

[IndyPropertyCare]

I would sell.. make me some money $$$...then start over again and out bid them :eek: ROFLMAO !!!!!

I love this country :angel:

[lawnman_scott]

I would sell for the right price, and open a business fixing the chocolate shake machines at mcdonalds, because they are always broken.

[rock]

dvmcmrhp52 you said you would start something else,what would it be? Why did you leave the machining trade?

[DUSTYCEDAR]

going, going, gone sold off most of it was the best thing i ever did the money was not that great but what the hell the future is looking good

[rock]

Dustycedar what are you doing now that you sold off your business?

[DUSTYCEDAR]

working into organic lawn care and remodeling homes in the winter i love demolition

[Doster's L & L]

I wouldn't sell!! Trying to see how far i can take this business. Want to make $500K in a year in the future, then maybe i'll sell.... Naahhhh!!!

[dvmcmrhp52]

Rock,
The machining trades all have an over capacity problem.Too many companies, not enough work to keep pricing up.The trade and industry in general has stayed flat for quite some time,until things flush themselves out which will still take years.

As for what else would I do, Woodworking,forestry,deck building......
just a few ideas.
I wouldn't be selling because I don't like it,New challenges are just fun to me.

[rock]

Dvmcmrhp52 what would you like to do in the forestry industry? Funny that you picked that one,since that is what my dad has done for 30 years(started his own business at 18),also my grandpa was in the timber industry his whole life as well as my great-grandpa. I am the first one in my family in 4 generations not to go into the timber industry. I really loved it,done it my whole life untill i graduated,then decided to get into big time auto racing(Winston Cup)and been doing it ever since. I've been a machinist the whole time and love every minute of it. That's all i've ever wanted to do is be a machinist in Winston Cup racing. I also still have the desire to someday own my own business though,probably still machining related.

[dvmcmrhp52]

Machining in the racing industry is probably somewhat protected from the average competition....It is a niche market.
as for the forestry industry,Logging would be great fun but it's not that lucrative around here. Again enough people doing it to keep pricing down. Forest managemant was always something I was interested in since I was young....Always wanted to be a forester.

[rock]

Dvmcmrhp52 logging around here is very lucrative. The timber industry is what keeps this area alive. Most of the big furniture companies in the world are here. We have Stanley furniture,Bassett furniture,American furniture,Vaughn furniture,and a few smaller ones,between all of them they employ several thousand people. We also have one of the largest flooring plants in the U.S. here also. There are several large sawmills around here. My dad still has his sawmill,and still does some logging also,but he buys most of his logs now from other loggers. I love logging myself,just decided to give something else a shot. I quess the biggest thing was i wanted to prove that i could make it on my own without any help from anyone else. I got into racing on my own with no help from anyone,and have let my work speak for itself ever since. My dad had a full paid scholarship to go to college for forestry and didn't do it(started his business instead). He still says to this day not going to college to be a forester is the biggest mistake that he has ever made.

[dvmcmrhp52]

College probably would have been good for him in the business wether he used it for forestry or just backround to run his business.But........Too soon old and too late smart.....I can relate to it.
North central Pennsylvania is the "cherry capital of the world" So they say. Cherry trees are quite abundant in that area and timbering is the biggest business. Pennsylvania in general is one of the
largest producer of hardwoods in the country. A lot ofhistory in timber in Pa.

[Green in Idaho]

I didn't realize you guys East of the Mississippi had *timber*. I thought it was just a bumch of trees.....
:laugh: :laugh: :laugh: :laugh: