Buying an established business

Discussion in 'Starting a Lawn Care Business' started by nusec, Jul 7, 2008.

  1. nusec

    nusec LawnSite Member
    from florida
    Messages: 3

    I live in NJ and I am looking at a lawn/landscaping biz down Florida. The business has been established for 12yrs by same owner who is leaving the State. does anyone have any tips for me on my new adventure ? Thanks
  2. mowerbrad

    mowerbrad LawnSite Fanatic
    Messages: 6,268

    have you already bought it?
  3. Wayne's Lawn Service

    Wayne's Lawn Service LawnSite Member
    Messages: 184

    Florida is a completely different market. If you think you have competition in NJ, wait until you get in Florida.

    Yes there is money to be made everywhere, but grass, plants, and the landscape is completely different. Methodology is similar, but market is very different.

    Good luck and buy a lot of sun screen!
  4. bohiaa

    bohiaa LawnSite Fanatic
    Messages: 5,220

    there are so many in's and outs with doing this.....

    consult an attorney..........

    you may find that the company is being sued or something like that....

    there are a ton of what if's

    Good luck
  5. NOOB

    NOOB LawnSite Member
    Messages: 188

    Ill sell you my whole biz

    No email addresses please. Use Phone or PM Charles
  6. DuraCutter

    DuraCutter LawnSite Senior Member
    Messages: 806

    You sound like my kinda guy.

    Also, I've got some property in Florida for sale... thought you might be interested...:laugh:

    Good luck btw...

  7. nusec

    nusec LawnSite Member
    from florida
    Messages: 3

    Where Is Your Property Located ?
  8. nusec

    nusec LawnSite Member
    from florida
    Messages: 3

    No I Haven't Bought It . Just Looking Into The Business.
  9. BillyRgn

    BillyRgn LawnSite Member
    Messages: 248

    dosen't matter how established it is, the ""new owner"" mentality will get around, and you will lose alot. i bought an established busniess to grow mine, and i would never do it again, i know my work is 10 times beter but people are weird, you will be lucky to keep a profitable number of the clients for year 2
  10. topsites

    topsites LawnSite Fanatic
    Messages: 21,653

    If you have the money why not get your own, why someone else's?

    Because this isn't corporate America where everyone takes a number, even if we do come off like that some days I know for a fact most customers are our customers for the simple truth that we are who we are... Here this below explains it further:

    You see...

    What this man is saying is you will lose customers basically just because you're not the other guy, this weirdness actually translates to customer loyalty and in that way I'm funny too... This goes way deeper than doing a good job or being the least expensive (thou that certainly does help), and I hate to say it but it gets down right personal some days lmao

    True customer loyalty means I can actually treat my own customers worse than someone else ever would and they still stick with me, the really loyal ones are the kind to stick with me through thick and thin and down to the very end and that's the truth (thou I will also say it has surprised me more than once to find out who was true blue and who jumps ship when you'd least expect it :confused:).

    So taking over someone else's business isn't all it's cracked up to be, at least not from the small business stand point.

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