no compete form,How much?

Discussion in 'Business Operations' started by Rob's Lawn Care, May 20, 2004.

  1. Rob's Lawn Care

    Rob's Lawn Care LawnSite Member
    from Texas
    Messages: 52

    Has any one ever done a no compete/no compitition form when selling a lawn business. What is the price based on, and so forth?
  2. BCSteel

    BCSteel LawnSite Senior Member
    Messages: 876

    Yup, just type it in on the contract.

    *The Seller agrees not to bid on any contracts that the Buyer is bidding on or currently has for 5 years.*

    Word it how ever you want but I thought that it was pretty straight forward.

    Hmmm... is that what you were talking about?
  3. Team Gopher

    Team Gopher LawnSite Platinum Member
    from -
    Messages: 4,040

    Hi Rob,

    Here is a post that might be helpful.
  4. robertyb

    robertyb LawnSite Member
    from ga
    Messages: 105

    If you try a non-compete form included their wife, kids and relatives. I had a brother-in-law sell a business and take a 5 year non-compete. My sister had his business back up and running smooth within a year in her name. He played golf, she hired his ex-employees. At the end of the 5 years they not only had all the customers back, they had another buyer ready. Sold it three times so far. Retired now. BTW was not a LCO.
  5. BCSteel

    BCSteel LawnSite Senior Member
    Messages: 876

    Yikes! Thats good way to get burned. Good thing I didn't.
  6. Grassmechanic

    Grassmechanic LawnSite Silver Member
    Messages: 2,697

    Contact an attorney. In some places, no compete clauses can't be enforced.
  7. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Messages: 8,745

    most non-compete are for 2 years

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