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buying accounts

Discussion in 'Starting a Lawn Care Business' started by ChadsLawn, Aug 10, 2006.

  1. ChadsLawn

    ChadsLawn LawnSite Bronze Member
    Posts: 1,110

    Right now I dont know how legit this is. A guy down the street asked me if I wanted to buy some accounts. I asked how many he said 100.(holy crap)I asked him how much. He said 4 months at $50 a month. I havent seen these homes, but I have 1 in the same area and there pretty much postage stamps. He is going to stop by tomorrow and talk some more.
    Without seeing these and assuming the size. Is this worth 20g's. Also does anyone have a contract for buying accounts.
    Im going to see if he will split them up also. I dont think I can handle 108(I have 8 now) accounts right now. Im not in shape and my 36 is way too old to handle that many.
  2. scotty2

    scotty2 LawnSite Member
    Posts: 24

    You need to find out more about the accounts

    1 Are they every week accounts
    2 How much money per account
    3 The norm is you pay for 4 cuttings per account( your lawn cost 25.00 per cut then you times that buy 4 you get 100.00
    4 have you seen this LCO around
    5 Make him show you the contracts you don't have to see the address
    6 Be careful
  3. Dunn's

    Dunn's LawnSite Bronze Member
    Posts: 1,546

    Usaully you only pay a months worth of income because if you loose half of them you would be out alot of money. be careful like he said fifty dollars a month seems really low.
  4. daveintoledo

    daveintoledo LawnSite Silver Member
    Posts: 2,587

    you will find thousand of answers to this question..... no matter what, they dont have to stay with you...
  5. Dunn's

    Dunn's LawnSite Bronze Member
    Posts: 1,546

    If he shows you contracts make sure you read them through.Because our contracts state in them that we the contract is not assignable or transferable by the company without the written consent of the customer
  6. daveintoledo

    daveintoledo LawnSite Silver Member
    Posts: 2,587

    no contract is transferable,.....they dont have one bit of responsibility to you unless they sign a new contract...

    just hustle and get the accounts on your own...
  7. rfed32

    rfed32 LawnSite Senior Member
    from Hatboro
    Posts: 680

    this is my thing on buying accounts...i just went tru...

    how do you know they will be there next year....how do you know he just wont get them again...will it make you enough money that you will be able to buy them within a good amount of time to make money...but my main thing was how do you know thye will be there next year...

    i asked the guy to sign a contract that within 5years he can not go to those custmers to cut their lawn and he wanted nothing to do with it...i thought i was being nice with the 5year thing but he said no so i said no
  8. SSS 18734

    SSS 18734 LawnSite Member
    Posts: 182

    Wouldn't going from 8 accounts a week to 108 a week be kind of a drastic change?
  9. ChadsLawn

    ChadsLawn LawnSite Bronze Member
    Posts: 1,110

    Thanks for all the comments guys. Yes going from 8 to 108 is very drastic. Thats why Im going to ask if he wants to split them up.
    Scotty #1 and #2 I posted in the starting post.

    It does sound alittle fishy. For 1 our neighborhood the homes were built in the 70's. There what people call them as nice little starter homes. Im thinking he maybe works for a big company and is trying to sell them behind his bosses back.
    But Im going to persue it so I can find out if its really legit. But Im not going to pay $200 per home.
  10. Brendan Smith

    Brendan Smith LawnSite Bronze Member
    Posts: 1,196

    i agree with dave.

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