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  #11  
Old 01-19-2014, 09:34 AM
rescuedlawn rescuedlawn is offline
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Originally Posted by Landgreen View Post
$70k a year? Thats a great wage IMO. Stick with your day job unless you absolutely hate it or you think its not going to last much longer. Making a profit cutting grass can be difficult without knowing all the ins and outs of the work and managing everything. To make $70K a year cutting grass with little experience will take years to achieve no offense.

And why 86 that trailer just because of an axle issue? Welding shop will fix it.
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It is a good job and will last. I just want to get out and had a goal of about 100 accounts within 5years. Not sure if that is a realistic goal.
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1995 Dodge Ram 1500
50" Gravely Hydro pro
Husqvarna trimmer/blower
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5x10 trailer

All my stuff is used but its paid for
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  #12  
Old 01-19-2014, 09:38 AM
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JCLawn and more JCLawn and more is offline
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Quote:
Originally Posted by rescuedlawn View Post
I am 29 and already have a $70k year job. I can't afford to leave and work for $10 hr for another company.
What is your equipment list and what is exactly wrong with them? What are your mechanical skills when it comes to working on them?
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  #13  
Old 01-19-2014, 09:43 AM
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jsslawncare jsslawncare is offline
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I'm thinking 70k wasn't enough for your bills, so you started this for extra money. If so, step back rethink your plan that doesn't envolve taking on new debt. It takes a lot of effort to get to 70k a year in any field and I'm thinking you're not giving that up to be a grass cutter. Buy a used truck and repair the rest.
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All equipment is wore out. <- Never mind. All equipment has been repainted and with new decals. It's like I have new mower's again!
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  #14  
Old 01-19-2014, 09:51 AM
rescuedlawn rescuedlawn is offline
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Quote:
Originally Posted by JCLawn and more View Post
What is your equipment list and what is exactly wrong with them? What are your mechanical skills when it comes to working on them?
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At the moment I have nothing to pull a trailer with. As far as everything else, I have a 50in walk behind which is being repaired by me. It needs a deck welded and a bracket repaired. The trailer is a used 5x10 with out a gate. All husqvarna handhelds.

Im looking at a $6k truck, a new trailer and a ztr. My tax returns will buy everything except the truck.
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1995 Dodge Ram 1500
50" Gravely Hydro pro
Husqvarna trimmer/blower
Push mowers
5x10 trailer

All my stuff is used but its paid for
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  #15  
Old 01-19-2014, 09:53 AM
rescuedlawn rescuedlawn is offline
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Quote:
Originally Posted by jsslawncare View Post
I'm thinking 70k wasn't enough for your bills, so you started this for extra money. If so, step back rethink your plan that doesn't envolve taking on new debt. It takes a lot of effort to get to 70k a year in any field and I'm thinking you're not giving that up to be a grass cutter. Buy a used truck and repair the rest.
Extra income is always good and I can use it. I wanted the side job to pay off my debt to the point where I do not need $70k year so I can stay home a little more.
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1995 Dodge Ram 1500
50" Gravely Hydro pro
Husqvarna trimmer/blower
Push mowers
5x10 trailer

All my stuff is used but its paid for
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  #16  
Old 01-19-2014, 09:55 AM
rescuedlawn rescuedlawn is offline
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Location: South Central VA
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Quote:
Originally Posted by Landgreen View Post
$70k a year? Thats a great wage IMO. Stick with your day job unless you absolutely hate it or you think its not going to last much longer. Making a profit cutting grass can be difficult without knowing all the ins and outs of the work and managing everything. To make $70K a year cutting grass with little experience will take years to achieve no offense.

And why 86 that trailer just because of an axle issue? Welding shop will fix it.
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Trailer not worth fixing. It's and old home made one that's not really suitable for this use. Great for mulch though.
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1995 Dodge Ram 1500
50" Gravely Hydro pro
Husqvarna trimmer/blower
Push mowers
5x10 trailer

All my stuff is used but its paid for
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  #17  
Old 01-19-2014, 09:57 AM
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jsslawncare jsslawncare is offline
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Quote:
Originally Posted by rescuedlawn View Post
Extra income is always good and I can use it. I wanted the side job to pay off my debt to the point where I do not need $70k year so I can stay home a little more.
I understand, I use to manage a auto machine shop and this was extra money for drag racing. Then grass cutting just got better over the years.
__________________
All equipment is wore out. <- Never mind. All equipment has been repainted and with new decals. It's like I have new mower's again!
48" Ferris WB
36" Ferris WB
All Echo hand helds
<- That's how I feel at the end of the day.
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  #18  
Old 01-19-2014, 10:04 AM
allinearth allinearth is offline
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Location: Arkansas
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If you are not making enough off mowing to repair and replace your equipment as you go then you are not charging enough. That is the major problem in this industry. Too many guys don't realize their true costs until all their equipment is shot and they don't have money to replace. In the meanwhile they have charged too little driving the industry pricing down making it harder on legitimate long haul comp.
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  #19  
Old 01-19-2014, 10:05 AM
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easy-lift guy easy-lift guy is online now
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IMO, The OP started this venture undercapitalized. With no reserves to fall back on and only 3 accounts to maintain, I am not surprised this has happened. Since the OP currently has employment furnishing him with $70,000 per year and not knowing the overhead the OP Currently maintains I often wonder why this happens to so many members on this site. My advise, send a letter to your 3 accounts and tell them that your temporally shutting down your business, do to restructuring. Start saving your money and reinvest in decent equipment for the future. You will also need to start planning on departing from your current job and remember if your serious about this transition from one business to another it really will be a all or nothing proposition. Otherwise if your not willing to make the commitment, stick with your primary source of income and maintain other peoples lawns from a charitable standpoint. At your present rate of growth to reach 100 accounts within the next 4 years is totally unrealistic based on the information you have provided.
easy-lift guy
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  #20  
Old 01-19-2014, 10:14 AM
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JCLawn and more JCLawn and more is offline
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Join Date: Sep 2009
Location: MI
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Quote:
Originally Posted by rescuedlawn View Post
At the moment I have nothing to pull a trailer with. As far as everything else, I have a 50in walk behind which is being repaired by me. It needs a deck welded and a bracket repaired. The trailer is a used 5x10 with out a gate. All husqvarna handhelds.

Im looking at a $6k truck, a new trailer and a ztr. My tax returns will buy everything except the truck.
Well here at my thoughts. From what you have explained this is business as usual for a lco and more so the issues of a small one. Truck issues are normally over exaggerated by mechanics unless its frame issues. I had a 15cent o-ring go out on the valve in the valve body and I had 3 mechanics saying I needed a rebuild. I don't think borrowing money is your answer either. If it was me I would upgrade your trailer and buy a cheap second truck. 6k is way more than I would ever spend. I own 5 trucks and 2 of them with plows. I Payed 12k for all of them combined. I got a dodge 1998 1500- bought with 128k for 2k (had no issues) a 1990 Chevy 2500- 200k 3rd motor came with newer Meyer 7.6 plow, 3k for the pakage. 91 ford f250 with 118k and came with a fisher plow, needs to be painted but the truck is sound-3k. 93 Chevy 3500 extended cab with 6.5 diesel with toys, spotless southern truck with 210k - got for 4k and came with a 96 3500 hd stake truck with a 11ft flatbed with a 6.5 diesel. All that truck needs is a headgasket.

I would really evaluate if your truck is really junk. Just because it may not be worth putting money into it value wise, it might be worth putting money I to it business wise. You can pick up good 2wd trucks for 2-3k all day long. To me buying a nice truck with 150k is better than a truck with 100k. 100k means its on the verge of something expensive, 150k means the first round of expensive things have been repaired. Also of you buy a truck for 3k it won't loose value. Just some food for thought. You don't sound that bad off. Also 100 lawns in 5 Yeats would be east.
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