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Benefits of leasing/buying a shop?

Discussion in 'Business Operations' started by TriCityLawnCareLLC, Feb 12, 2013.

  1. TriCityLawnCareLLC

    TriCityLawnCareLLC LawnSite Bronze Member
    from Ohio
    Posts: 1,025

    i have an opportunity to buy/lease/partial lease/land contract a 2,100sqft shop. two bays with an additional attached garage. has a working lift inside one bay. 11ksqft of parking lot and three offices-building is in good working shape. guy only wants $600/month.

    i know this is a great deal. id finally have room for semi-load of mulch. ive outgrown my current garage(personal) but i can still make it work. check out my picture thread for an idea of my equipment. running a second crew this year. this bulding is more space than i currently need but can grow into it rather quickly at this rate.

    i can afford it but it will affect my bottomline. any thoughts from your experience? thanks.:usflag:
  2. Landrus2

    Landrus2 LawnSite Platinum Member
    Posts: 4,812

    For that price you can't go wrong:waving:
  3. patrick6411

    patrick6411 LawnSite Member
    Posts: 38

    That's cheap and it will open up your home garage back for family/household uses.
  4. blakescape

    blakescape LawnSite Member
    Posts: 108

    The shop may look big now, but when you start moving in, it will seem a lot smaller. Its always better to get something bigger than you need because your business will grow into it. You will make that rent back on the savings from buying mulch and other products direct and cutting out the middle man. Your lucky, where I live im paying $900/month for a 14ft x 40ft space without parking outside and that was the cheapest rent in the area.
  5. KrayzKajun

    KrayzKajun LawnSite Fanatic
    Posts: 10,742

    I would jump on that in a heartbeat. Trust me space fills up quick.
    Posted via Mobile Device
  6. TriCityLawnCareLLC

    TriCityLawnCareLLC LawnSite Bronze Member
    from Ohio
    Posts: 1,025

    Meeting the guy today to look at it. Will post pics and let you know what happens
    Posted via Mobile Device
  7. Gatewayuser

    Gatewayuser LawnSite Bronze Member
    Posts: 1,734

    Here are my thoughts.

    Anything to make you feel free from work when you're home is key! Keep work and personal life separate.

    I had a 30x90 building for a while until all my stuff stored there at the time was stolen. Moved it all back home. Now I'm way too full I'm thinking about a place again.

    Is the $7,200 a year the final number or will you have utilities? You need to decide how important it all is to you. I think it sounds like a pretty good deal.....Wish the place I had rented would have been more secure, only cost me $80 per month and $24 for electric.
  8. TriCityLawnCareLLC

    TriCityLawnCareLLC LawnSite Bronze Member
    from Ohio
    Posts: 1,025

    300 deposit and $600/mo if I cleanup after previous renters. He'd like me to buy it after a year. It's in a great-secure location, never had any vandalism or burglary. Great office space. Utilities are $150/mo for everything.
    Posted via Mobile Device
  9. CSL&L

    CSL&L LawnSite Senior Member
    Posts: 421

    Seems like a good deal.
  10. TriCityLawnCareLLC

    TriCityLawnCareLLC LawnSite Bronze Member
    from Ohio
    Posts: 1,025

    click on the link in my signature for my picture thread. it has photos of the shop

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