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re: Successful lawn service owners?

Posted on 1/16/14 at 9:28 pm to
Posted by webman
LC
Member since Apr 2006
651 posts
Posted on 1/16/14 at 9:28 pm to
Have you thought about looking for an established one that is for sale?
Posted by Polar Pop
Member since Feb 2012
10753 posts
Posted on 1/16/14 at 10:05 pm to
quote:

Have you thought about looking for an established one that is for sale?


I have thought of that, but there are 2 things that have me steering away...

1. It will be a lot easier for me to throw down 10k on new equipment and go beat the bushes knowing my bills will be paid no matter what. I would rather put up 10 rather than worry about obtaining 20- 30k just to start out.

2. I do not see how the guarantee of business holds after a buyout. If "Chris" has 6k worth of equipment and 50 accounts - selling his business for 20k, how am I guaranteed that those clients are going to stay unless they are legally bound? I would hate to pay 20k for 6k worth of equipment...
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