what is 15 residential accounts worth if sold???

Discussion in 'Business Operations' started by skip1718, Jan 22, 2008.

  1. skip1718

    skip1718 LawnSite Member
    Posts: 72

    what is 15 contracted residential accounts with one commercial account that annually bring about 30,000.00 worth if i were to sell? all pretty close together
     
  2. Albery's Lawn & Tractor

    Albery's Lawn & Tractor LawnSite Bronze Member
    Posts: 1,674

    very little, $3k maybe $5K
     
  3. Landrus2

    Landrus2 LawnSite Platinum Member
    Posts: 4,833

    For how long do you have these costumers?:drinkup:
     
  4. skip1718

    skip1718 LawnSite Member
    Posts: 72

    they would be contracted for a year? Albery's Lawn & Tractor who did you come up with those numbers????
     
  5. Albery's Lawn & Tractor

    Albery's Lawn & Tractor LawnSite Bronze Member
    Posts: 1,674

    It's been discussed on here many times before. 10-20% of gross. You only have 15 accounts. Before I would pay more then $3k I would spend that on advertising and could easily get to the same numbers. Sorry to burst your hopes of a high dollar amount but you have to realistic.
     
  6. Itzkcatz

    Itzkcatz LawnSite Member
    from CT
    Posts: 193

    My father bought an entire landscaping company with 100 plus accounts and equipment for 15 grand, It was out of martinez georgia
     
  7. grassmanak

    grassmanak LawnSite Senior Member
    Posts: 792

    you could sell them for 3 months gross with contracts.
     
  8. skip1718

    skip1718 LawnSite Member
    Posts: 72

    sorry to turn the post around but i am looking to purcahse these accounts and was trying to get the correct number from people that have bought small accounts.
     
  9. KS_Grasscutter

    KS_Grasscutter LawnSite Gold Member
    Posts: 3,335

    If they were HERE and in the right areas, I'd give $5000 without even worrying about it. (Standing offer to any Hutch guys, if you wanna sell accounts, call ME:))
     
  10. Albery's Lawn & Tractor

    Albery's Lawn & Tractor LawnSite Bronze Member
    Posts: 1,674

    Why not just spend the same amount on advertising? Most say it will cost you $100 per account gained, so if you spend $5,000, thats 50 accounts. Even if they are cheap accounts that only pay $100 a month for 7 months of the year thats $35,000 without any extra's. I don't understand why guys are willing to shell out big bucks for someone else's accounts. But thats just my way of thinking.
     

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