1. Can’t make it to the GIE+EXPO 2017?
    LawnSite brings the trade show floor to your fingertips with our new GIE+EXPO 2017 Sneak Peek video series debuting now in the Lawn Mowing forum.

    Dismiss Notice

contracts

Discussion in 'Lawn Mowing' started by Toy2, Aug 31, 2005.

  1. Toy2

    Toy2 LawnSite Bronze Member
    Messages: 1,924

    What is a $2200.00 contract worth???? A local company wants to meet with me and and discuss this as well as some other accounts he has!!! Thanks....I might be getting out if this BS with fuel doesn't stop!!!
     
  2. LB1234

    LB1234 LawnSite Gold Member
    Messages: 3,208

    ahhhh.....hummmnnnnnnn......i'll guess $2200

    :help:
     
  3. Toy2

    Toy2 LawnSite Bronze Member
    Messages: 1,924

    Sorry, this guy wants to sell his company and all accounts....he claimed he had one worth $2200.00 a month......well I met with him, he started in business in 92, he has about 18 accounts and a ton of equipment.....he made 38k last year...his asking price.......$65000.00 for everything.....go figure... :dizzy:
     
  4. 2k1yzfr1

    2k1yzfr1 LawnSite Senior Member
    Messages: 539

    who was that?
     
  5. Mancinioldhorse

    Mancinioldhorse LawnSite Member
    Messages: 69

    When he goes out of business.....his clientele will be looking for someone anyway...so why buy the rights to them? If he showed you the names, just wait for him to go out of business and then bid on them.
    Who's to say they will stick with you if you bought his business....Basically he's selling you the potential to earn that money...you can do that on your own.

    If it really intrigues you, have someone verify the value of the equipment, but I wouldn't give him anything more than one months receipts for the clientele, and then fair market value for the equipment. Otherwise walk away.....no.....run away!
     

Share This Page