buying an existing lawn service?

Discussion in 'Lawn Mowing' started by sirsweatsalot, Aug 21, 2002.

  1. sirsweatsalot

    sirsweatsalot LawnSite Senior Member
    from MN
    Posts: 296

    i was woundering what would a guy pay for a lawn outfit with around 40 to 60 acounts?
     
  2. Bill Davis

    Bill Davis LawnSite Senior Member
    Posts: 397

    Residential or commercial accounts, on contracts or just weekly. Does this include equipment? Answer these and then you can get a little more help.
     
  3. sirsweatsalot

    sirsweatsalot LawnSite Senior Member
    from MN
    Posts: 296

    a few comercial but mainly res.. it does include some john deer riders but that about it.
     
  4. Bill Davis

    Bill Davis LawnSite Senior Member
    Posts: 397

    You are being to vague about everything to give you an honest answer
     
  5. sirsweatsalot

    sirsweatsalot LawnSite Senior Member
    from MN
    Posts: 296

    could you give me a range
     
  6. Bill Davis

    Bill Davis LawnSite Senior Member
    Posts: 397

    well, how much do you think the equipment is worth.
     
  7. sirsweatsalot

    sirsweatsalot LawnSite Senior Member
    from MN
    Posts: 296

    10 grand
     
  8. 65hoss

    65hoss LawnSite Fanatic
    Posts: 6,360

    So you were approached by someone wanting to sell. He tells you he has 40-60 accounts. You mean he doesn't know? Thats a 20 customer range that could equal to $1000's per week.

    Next, can you handle an add'l 40-60 customers on top of what you already have? The added customers don't just mean added revenue. It means added cost. Added headache. Added employees.
     
  9. Scag48

    Scag48 LawnSite Fanatic
    Posts: 6,067

    I'm going through the same thing right now, looking to buy another guy out. I've been told you should buy the account for about 3 or 4 week's profit. Go check out all the lawns and make sure the customers will stay with you. Then pick the ones you want and pay the man. Good luck!
     
  10. Rooster

    Rooster LawnSite Senior Member
    Posts: 460

    I can't remember the post topic now but somewhere it was listed to make an agreement with the current owner with a payoff for a certain amount every month or quarter depending on accounts.

    Rick
     

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