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  #1  
Old 07-18-2004, 08:52 PM
GBAlawncare GBAlawncare is offline
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Join Date: Jul 2004
Location: StCharles IL. 60101
Posts: 2
buying a lawncare business

Hello,
First let me say that I am so glad I found this site.
OK I am looking into buying a lawncare business and the owner wants me to make him an offer and will not give me any kind of starting point. is that odd?
I am hoping you will be able to give me some idea of where to start.
the business consists of 100 accounts at between 18.00 and 25.00$ ( no contracts just a service agreement) with a gross of about 10,000.00 a month.
I will also be getting,
1, 2002 scag turf tiger with a 61 in deck.
1, 2003 scag tiger cub 61 in deck.
1, 2004 edger walk behind, true cut Honda 4.0.
1, stick edger.
2, string edgers.
1, h&h 16 by 6 foot trailer.
I am sorry this has been so long I just do not want to insult this guy and at the same time I do not want to get ripped off.
Thank you in advance for any help you can give me.

Joel
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  #2  
Old 07-18-2004, 08:56 PM
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EastProLawn EastProLawn is offline
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Join Date: Oct 2003
Location: Providence, RI
Posts: 1,110
Just my 2 cents, buy the equipment but never pay for accounts. If he wants to throw them in great but there is no guarantee and I mean NO guarantee that the accounts will stay on. I don't care what type of contract you sign or agreement you make.
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  #3  
Old 07-18-2004, 09:21 PM
lawnjockey51 lawnjockey51 is offline
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Join Date: Jun 2004
Location: Richmond, VA
Posts: 134
I am originally from the Chicago area and familiar with the St. Charles area. Although I left there many years ago, I find it hard to believe that they're only getting $18 to $25 bucks per yard. Maybe that's why he is going out of business. A decent home in that area probably starts at $250K, I think the cost of getting the lawn cut is probably much higher. Those sound like Florida prices. I would check the area for prices, probably could find the answer here. The equipment might be worth looking at.
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  #4  
Old 07-19-2004, 10:22 AM
GBAlawncare GBAlawncare is offline
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Join Date: Jul 2004
Location: StCharles IL. 60101
Posts: 2
I hear you, I tought 18 to 25$ was low as well he says he is a volume mower and that is how he makes up for the low cost is that a bad way to do business? I also know he is not going under he is moving and that is why he said he is selling.
So the equiptment sounds good?

Thank you
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  #5  
Old 07-19-2004, 03:40 PM
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Team Gopher Team Gopher is offline
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Join Date: Jul 2003
Location: -
Posts: 4,046
Hi GBAlawncare,

Here is an informative post.

Determining the value of a Mowing Business
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