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Old 09-03-2012, 11:21 PM
NHeinz NHeinz is offline
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Join Date: Sep 2012
Location: South Metro
Posts: 2
New from Minnesota

I'm new to the site, but a veteran to the lawn care business. Been in the business for a little over 16 years working for a company out of Farmington, MN. I'm also in the process of hoping to buy the company. I joined the site to get some insite on what I should and shouldn't do on buying a current business and what I should know before going forward.
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Old 09-15-2012, 03:51 PM
BIGDOGMN73 BIGDOGMN73 is offline
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Join Date: May 2012
Location: MINNEAPOLIS
Posts: 32
Welcome! Lots of business down in farmington?
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  #3  
Old 09-15-2012, 05:18 PM
DEPENDABLE LANDSCAPING DEPENDABLE LANDSCAPING is offline
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Join Date: Mar 2011
Location: dennis ma.
Posts: 1,344
Welcome,
A few things off the top of my head. I have not purchased a business but here are some thoughts.

- get their financials,
- involve a good lawyer
- no compete documents for current owners
- purchase price to be paid over a period of time based on retention.
- watch your hind end for people looking for blood in the water to pick apart the business during transition.

Good luck!
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