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Selling Advice

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13 replies to this topic
Rory
Rory

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Selling Advice
#1

Hi All,

 

Just wondering if anyone has any experience with selling a round. 

 

  • What worked / didn't work?
  • Whats the best way to determine the value of your round?

 

Just looking for general advice as my dodgy knee and back are degenerating much faster than i expected.

 

Cheers 

;)


Posted 14 May 2018 - 11:19 PM

plucka
plucka

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Selling Advice
#2

What something is worth is always only want someone is willing to pay, so I would look at what other rounds are selling for and base it on that.  But it will come down to value of equipment and the montly/annual value of your round.


Posted 15 May 2018 - 06:14 AM

crocster
crocster

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Selling Advice
#3

My knowledge is out of date but the lawns themselves didn't used to be worth much - I recall about one months summer cut value for residentials with no contract - so it comes back to your total business package and what you're selling IMO - ute/trailer/gear/Registered name/website/mobile number/email address/other advertising/existing contracts/how long you've been in business etc etc

 

Check out Gumtree for other businesses for sale - think indmowing.com.au has a buy/sell section too?


Posted 15 May 2018 - 07:17 AM

Lucky
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Selling Advice
#4

My knowledge is out of date but the lawns themselves didn't used to be worth much - I recall about one months summer cut value for residentials with no contract - so it comes back to your total business package and what you're selling IMO - ute/trailer/gear/Registered name/website/mobile number/email address/other advertising/existing contracts/how long you've been in business etc etc

 

Check out Gumtree for other businesses for sale - think indmowing.com.au has a buy/sell section too?

Summer cut? No disrespect Croc but that doesn't sound right. Summer for some of us is the quieter time due to no rain. 


Posted 15 May 2018 - 08:12 AM

crocster
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Selling Advice
#5

Summer cut? No disrespect Croc but that doesn't sound right. Summer for some of us is the quieter time due to no rain. 

Yeah, would have been more accurate to say peak season cut whenever that is for you.


Posted 15 May 2018 - 08:15 AM

CGAHS
CGAHS

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Selling Advice
#6

get in touch with Dean http://www.indmowing..._bus_rounds.htm


Posted 15 May 2018 - 08:53 AM

Smokey
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Selling Advice
#7

Dont really know much on this but was talking to a lawnie at the tip last week and he sold his round to retire.

He sold just the round with clappes out equipment for 7 times what the cut value is worth.

He told me the cut value was $ 10000 so im guessing he sold it for 70k

I thought that was pretty good going considering it was all resi work and no contracts.
Posted 15 May 2018 - 10:59 AM

Lucky
Lucky

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Selling Advice
#8

Dont really know much on this but was talking to a lawnie at the tip last week and he sold his round to retire.

He sold just the round with clappes out equipment for 7 times what the cut value is worth.

He told me the cut value was $ 10000 so im guessing he sold it for 70k

I thought that was pretty good going considering it was all resi work and no contracts.

When you say cut value what time frame or variables do you mean?


Posted 15 May 2018 - 04:48 PM

Lucky
Lucky

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Selling Advice
#9

I'm interested in how Jims and VIP work out what a round is worth. @Colsy?


Posted 15 May 2018 - 04:51 PM

Smokey
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Selling Advice
#10

When you say cut value what time frame or variables do you mean?

Im not 100% but my understanding from what max was saying it sounded like a one off cut

Like adding all your clients prices togeather and times it by 7.

Id say most of his jobs would be 4 weekly as weve had bugger all rain and its the end of the seasion for us here.

i should run into max again in the next few days ill find out more and let you know
Posted 15 May 2018 - 05:40 PM

Colsy
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Selling Advice
#11

The cut value is the AVERAGE price of every customer you have x the amount of customers you have. So if you have 100 customers and the AVERAGE price is $75 each job then your cut value is $7500.

 

The usual prices paid are normally the cut value x 4 but thats all in the negotiation. People start higher. 

 

I think Jims normally do the cut value x 4, they dont start higher, the price is the price. But they also have a ceiling. Generally a GOOD Jims round is often cheaper than a GOOD Indy, because you also pay ongoing fees.


Posted 20 May 2018 - 11:54 AM

Lucky
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Selling Advice
#12

Good info, thanx Colsy


Posted 21 May 2018 - 01:18 PM

Rory
Rory

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Selling Advice
#13

Hi All,

 

Thanks for your responses. It turns out that my rough "guestimation" on the value of my clients was right on par with Colsy's formula.

Now lets see how we go.

:-?  :-))


Posted Yesterday, 11:30 PM

Lucky
Lucky

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Selling Advice
#14

Hi All,

 

Thanks for your responses. It turns out that my rough "guestimation" on the value of my clients was right on par with Colsy's formula.

Now lets see how we go.

:-?  :-))

GL mate, keep us updated!


Posted Today, 05:00 PM




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