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Moving my mowing business...

Discussion in 'Lawn Mowing' started by GTLC, Sep 2, 2005.

  1. GTLC

    GTLC LawnSite Senior Member
    Messages: 700

    Next year, I will be going off to college. I have 9 lawn accounts to get rid of, I plan on giving them to a good friend of mine for his start in the business, but many recommend I sell my accounts. How do I sell small residential/commercial mowing accounts???
  2. drmiller100

    drmiller100 LawnSite Senior Member
    Messages: 562

    you agree to a price.
    you introduce him to your customers, he starts doing the work, and he gives you money.
  3. GTLC

    GTLC LawnSite Senior Member
    Messages: 700

    Yes, but how much should I charge for each account???
  4. OnMyOwn

    OnMyOwn LawnSite Senior Member
    Messages: 372

    two, or three months of revenue is a fair price.
  5. drmiller100

    drmiller100 LawnSite Senior Member
    Messages: 562

    2 or 3 weeks of gross is fair.
  6. walker-talker

    walker-talker LawnSite Platinum Member
    from Midwest
    Messages: 4,771

    One month gross earnings.
  7. CuttingCrew

    CuttingCrew LawnSite Member
    Messages: 193

    One month gross.

    Spread out over three months if it's to a friend.

  8. GTLC

    GTLC LawnSite Senior Member
    Messages: 700

    OK, so know I have calculated 1 months worth of revenue, and I could have 3-5 contractors wanting these accounts, but I told my buddy he's first in line. But its gonna be hard telling them they are going to cost money...it won't be easy... :help:
  9. coonman

    coonman LawnSite Senior Member
    Messages: 686

    If he is a good friend just give him the accounts and have him buy you a couple of dinners. This is no different than quitting a part time job for you. You are going to college and you will have to drop the accounts with or without getting paid for them. Get your friend off to a good start. :)
  10. nobagger

    nobagger LawnSite Gold Member
    from Pa
    Messages: 3,065

    Its only 9 accounts ;) ;) IMO if it were me depending how much they brought in I would just give them to him for a few of weeks worht of mowing revenue.

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