Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
Reply
 
Thread Tools Display Modes
  #111  
Old 01-17-2004, 11:13 PM
mowinmoney mowinmoney is offline
LawnSite Member
 
Join Date: Jan 2004
Location: Midwest
Posts: 70
As has been mentioned in other threads...mowing service business seem to be hard to put a value on and it seems as hard if not harder to sell these businesses. The owners need to a ROI and this is one of the ways.
__________________
Lifes battles don't always go to the stronger or faster man, but sooner or later the man who wins is the man who thinks he can. ---
Reply With Quote
  #112  
Old 01-18-2004, 11:40 PM
newleaflandscape newleaflandscape is offline
LawnSite Senior Member
 
Join Date: Oct 2003
Location: Michigan
Posts: 345
I have talked to alot of guys in the industry including the big boys doing four and more mill a year. I have yet to hear of any ownder making more then fifteen percent of their gross in his pocket. At least for the guys that have been in business ten and more years. From what I have seen the higher they get up there the more that percentage goes down. Sure there are some guys out there making thirty percent but I doubt they are in business for more then three years. For a company making grossing a million dollars I would be very suprised if the owner was makin more then 120 or 130. And for you guys bashing those owners that make way to much money while their employees bust their but. Hello thats my dream and should be everyone of your dreams too. All that means is that he or she is a damn good business man if you ask me.
Reply With Quote
  #113  
Old 01-19-2004, 12:00 AM
mrusk mrusk is offline
LawnSite Gold Member
 
Join Date: May 2003
Location: northern jersey
Posts: 3,247
From what i read and heard the larger the company the less net %. One clear reason for this is that you have to hire office staff and mangment. I have a dream to build a landscape company as big as John. However, honestly i am really just using this industry as a stepping stone towards a bigger goal, in a higher dollor industry.

Matt
Reply With Quote
  #114  
Old 11-21-2004, 09:49 PM
LLCO LLCO is offline
LawnSite Member
 
Join Date: Oct 2004
Location: Central Ohio
Posts: 55
bump... great post
Reply With Quote
  #115  
Old 11-22-2004, 01:25 AM
alpine692003's Avatar
alpine692003 alpine692003 is offline
LawnSite Bronze Member
 
Join Date: Dec 2003
Location: Vancouver, BC
Posts: 1,502
You guys think that this is the same for most industries as well?

I have a friend that runs an autobody shop, boy the expenses that they go through are right through the roof!!!
Reply With Quote
  #116  
Old 08-19-2013, 01:15 PM
GreenStreet GreenStreet is offline
LawnSite Member
 
Join Date: Aug 2013
Location: Columbus, Ohio
Posts: 15
BUMP! Loved reading this thread.
Reply With Quote
  #117  
Old 08-22-2013, 01:39 AM
seabee24 seabee24 is offline
LawnSite Senior Member
 
Join Date: Mar 2009
Posts: 619
Quote:
Originally Posted by alpine692003 View Post
You guys think that this is the same for most industries as well?

I have a friend that runs an autobody shop, boy the expenses that they go through are right through the roof!!!
I think that this industry has alot of Variable expenses and alot of overheads that most don't. While this business could be considered cheap to get into or run compared to other industry's, I have yet to find one that has as many in/ outs/ up/down, High and low expenses, weather dependent, that has low hourly rates and margins.

Plumbers can operate out of their vans, with mostly hand tools. So can electricians. Yet they charge double what we can. Retail stores are tuff to run, but they operate out if a building and don't have crews being paid to travel with truck and fuel expenses. SAT TV/ cable/ Internet installers might have similar expenses needing to he Mobil and have a shop, but they have little competition to deal with and all charge similar fair prices. Someone posted that brickman is for sale-- does a good business owner ever sell when he's making enough money to pay for the head aches? You sell because its time to cash in, the winning streak is over, or you just don't want to risk it anymore
Reply With Quote
  #118  
Old 08-22-2013, 11:04 AM
GMLC's Avatar
GMLC GMLC is offline
LawnSite Platinum Member
 
Join Date: Jun 2010
Location: New Hampshire
Posts: 4,367
Great old read!! Wish these guys were still around LS giving advice. I wont mention names but there are a few wanabe millionaires giving out advice now and its scary....

Still a few that are the real deal but not many.

Last edited by GMLC; 08-22-2013 at 11:12 AM.
Reply With Quote
  #119  
Old 08-22-2013, 02:55 PM
Mark Oomkes Mark Oomkes is online now
LawnSite Fanatic
 
Join Date: Dec 2000
Location: Grand Rapids, MI
Posts: 7,092
Quote:
Originally Posted by GMLC View Post
Great old read!! Wish these guys were still around LS giving advice. I wont mention names but there are a few wanabe millionaires giving out advice now and its scary....

Still a few that are the real deal but not many.
You do know what happened to the "esteemed" Mr Allin, do you not?

Talk about your wannabe millionaire.
__________________
"Science is the belief in the ignorance of the experts" – Richard Feynman

I like my guns like Obama likes his voters: Undocumented

Criminals obey gun laws like politicians follow their oaths of office
Reply With Quote
  #120  
Old 08-22-2013, 03:50 PM
gcbailey's Avatar
gcbailey gcbailey is online now
LawnSite Bronze Member
 
Join Date: Mar 2012
Location: southern WV
Posts: 1,872
something about reading a 10 year old thread that's been dug up from the grave...

Only way I'll ever be a millionaire is if I win the lottery! If I'm figuring right, my salary is about 13% of our gross sales.
Reply With Quote
Reply

Thread Tools
Display Modes

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 Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.com™ - Moose River Media
All times are GMT -4. The time now is 10:43 AM.

Page generated in 0.07672 seconds with 9 queries