Price on buying lawn accounts

Discussion in 'Lawn Mowing' started by lawncareman, Mar 23, 2003.

  1. lawncareman

    lawncareman LawnSite Member
    from Fenton
    Posts: 1

    I was thinking of buying some lawn care accounts, but I need some help on coming up with a price. There are 22 accounts that have an average weekly income of around $800. The guy told me to make an offer. What would everyone else pay. Any ideas would be very helpful.
     
  2. LB Landscaping

    LB Landscaping LawnSite Bronze Member
    from Maine
    Posts: 1,309

    Does he guarantee that the accounts will stay with you??? Do you have the equipment to service the accounts?? I would personally use the money to advertise and get accounts on your own. Use the search feature this topic has been discussed many times and there is a ton of info on it here. Good Luck!!!
     
  3. double e

    double e LawnSite Member
    Posts: 197

    I normally don't buy accounts from people- but last year a guy going out of business sold me 18 accounts ALL IN THE SAME DEVELOPMENT!- I couldn't pass it up

    I told him that any yard he gave me I would give him the money from the first cutting- after I got paid- I ended up with all 18 and pqaid him around $550 for the yards.

    I suggest advertising and try to get your own lawns- but if your just starting out and need the lawns- might not be bad

    Why is he getting rid of them?- going out of bus., or want to get rid of his **** yards?

    I would offer $800- pay him after 1st billing, when you get paid- If you need the yards, maybe a little more
     
  4. Shuter

    Shuter LawnSite Bronze Member
    Posts: 1,171

    Put the money you would spend into finding new customers yourself. What type of guarantee do you have that after spending the money these customers will stay with you.
     
  5. LWNMWR1

    LWNMWR1 LawnSite Member
    Posts: 188

    when i started out i bought a customer list from a guy. the deal was that i would moww all the lawns for a month and the ones that stayed on cost me the price of one mowing for three consecutive months. it turned to be a very fair price and i did it later with another fellow who thought it was fair too.
     
  6. ShortCuts

    ShortCuts LawnSite Member
    from Maine
    Posts: 38

    I just sold 65 accounts, a 2000 26efi walker, and a 16" landscape trailer for $20,000. :D
     
  7. mpg

    mpg LawnSite Member
    from TN
    Posts: 2

    I have bought some accounts and have many friends that have bought and sold. Rule of thumb that i have found is this:
    2 cuts- for 10 day or 14 day yards
    3 cuts - weekly
    maybe 4 if they are great accounts that will also bring in other income such as trimming and mulch.
    ****All under that assumption that if they drop you and it is not your fault you will get you money back.
     
  8. Jason Pallas

    Jason Pallas LawnSite Bronze Member
    Posts: 1,325

    When I buy accounts (ad we've bought quite a few over the years) we generally pay the price of 1 - 2 cuts.
     

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