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Old 04-14-2002, 08:07 AM
HBFOXJr HBFOXJr is offline
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Location: Southern New Jersey
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value on fert accounts

Any one have an idea what 6 application fert accounts under contract are worth? Talking 80-100 accounts. Does number of accounts available have any bearing on value? These jobs are right in the local market being served. I would call these good accounts as the apps are properly priced and the opportunity for upsells on seed and aeration are there.
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Old 04-14-2002, 08:12 AM
Kent Lawns Kent Lawns is offline
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50-100% of annual revenue.
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Old 04-14-2002, 06:50 PM
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rodfather rodfather is offline
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Harold,

If I were you, I would jump on that. Not only is there good money in fert, but there's a real window of opportunity for you in upscale selling...dethatching, aerating, overseeding, Spring & Fall clean-ups, bed maintenance, prunning, mulching, even mowing, etc.

As for how much they're worth, I would have no probelm offering 50%. Maybe more after I had a chance to look at some/all of the properties.

Go for it...good luck!
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Old 04-14-2002, 08:18 PM
HBFOXJr HBFOXJr is offline
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By the standards you guys have, I stole them.

Rodfather, we don't do general maint, just fert and irrigation but it was a deal. Guy told me chemlawn offered $80 and I didn't pay that but I was a quick and hassle free deal for him.

I would have thought CL would have paid more. Maybe if he had a whole large company to sell. Or maybe the way they reatin anymore that is all they can afford. Wonder what it costs them in advertising and labor to get a new account?
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Old 04-14-2002, 08:20 PM
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rodfather rodfather is offline
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Way to go...I wish you the best of luck...all the way to the bank.
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Old 04-16-2002, 08:53 PM
kris kris is offline
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Harold ...you say these are under contract? Does that include when it is under new ownership?
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Old 04-18-2002, 07:35 AM
HBFOXJr HBFOXJr is offline
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Kris

Yes under new ownership. There are no clauses about assigning or not assigning to others.
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