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How much should i pay?

Discussion in 'Starting a Lawn Care Business' started by LawnRookie04, Jul 7, 2004.

  1. LawnRookie04

    LawnRookie04 LawnSite Member
    Messages: 1

    I've been negotiating with a guy who is thinking about getting out of the business. He has 45 lawns and a truck that he wants to sell. The lawns bring in a little over 1,000 a week. I can price the truck on my own. How much is a reasonable price to pay for the 45 lawns. How can i be sure the customers will stay with me?
     
  2. BCSteel

    BCSteel LawnSite Senior Member
    Messages: 876

    $4000, if you get them all, plus a no compete clause.
     
  3. wriken

    wriken LawnSite Silver Member
    Messages: 2,154

    Honestly I would'nt pay anything for the lawns, wait till he goes out, and solicit, or pick up the stragglers, no guarantee's that you will get or hold on to them all. My opinion.:)
     
  4. EastProLawn

    EastProLawn LawnSite Bronze Member
    Messages: 1,110

    I agree, some guys on LawnSite will argue this point but in my opinion, you should never pay for accounts, there are no guarantees that these clients will stay on ( not even with contracts ) they can pretty much decide who is going to cut their grass and who is not and the law will not back you up.
     
  5. Trevors Lawn Care

    Trevors Lawn Care LawnSite Bronze Member
    Messages: 1,180

    I would give him the value of 3 mowings... So pay 3 grand for the accounts... After three weeks you will probably lose the couple who didnt like the transfer.

    Trevor
     

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