Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: hotsteam on September 16, 2019, 08:04:53 pm

Title: The cost of window rounds
Post by: hotsteam on September 16, 2019, 08:04:53 pm
Do people really pay, 6 to 12 x the monthly income  for a window  cleaning round ?  ::)roll ::)roll ::)roll
Title: Re: The cost of window rounds
Post by: SB Cleaning on September 16, 2019, 08:39:01 pm
I have bought a couple of small rounds over the years paid 2x for the one and 3x for the other, I would probably go to 4x if the work was really good.

Paying anymore than 4 x is crazy if you ask me :o

How you doing anyway  Pete? I have still got a chunk of work you canvassed for me nearly 10 years ago  dont know where the times gone ;D
Title: Re: The cost of window rounds
Post by: hotsteam on September 16, 2019, 08:50:20 pm
Hi Shaun, I'm ok, how are you doing ?

I'm glad that round worked out ok, you could sell it back to me, I'll give you  2 x mate !  ::)roll

If I had to clean a round 10 x before I made any money I would  go nuts !
Title: Re: The cost of window rounds
Post by: SB Cleaning on September 16, 2019, 08:53:32 pm
Hi Shaun, I'm ok, how are you doing ?

I'm glad that round worked out ok, you could sell it back to me, I'll give you  2 x mate !  ::)roll

If I had to clean a round 10 x before I made any money I would  go nuts !
;D ;D

I'm ok mate.

Get out canvassing Pete :D
Title: Re: The cost of window rounds
Post by: Plankton on September 16, 2019, 08:59:14 pm
You'll see people advertising for silly prices and I'd imagine once in a blue moon someone will take the bait but 2,3,4 or even 5 cleans is what they can go for.
Title: Re: The cost of window rounds
Post by: nathankaye on September 16, 2019, 09:49:15 pm
Depends, i would have thought.
If your just starting out and have the funds to cover your for upto a year, then it might be a very good investment.  Especially if you canvass and build upon that existing work.

The flip side, is how much of that investment are you likely to loose within the first couple of months and then its a real kick in the teeth for ya
Title: Re: The cost of window rounds
Post by: dazmond on September 16, 2019, 09:54:02 pm
id want at least 10 times the monthly value if i was going to sell my whole round thats been built up over 26 years for sure.....
Title: Re: The cost of window rounds
Post by: P @ F on September 16, 2019, 10:20:39 pm
You would need that Daz to pay all the credit off  ;D
Title: Re: The cost of window rounds
Post by: KS Cleaning on September 16, 2019, 10:39:32 pm
Depends what you’re buying, my general rule of thumb is x5 for decent WFP work. It’s also worth remembering that if it’s only part of a round that’s being sold, it’s generally the worst paid work that the seller will be getting rid of, so it’s often better to buy a round in it’s entirety. I don’t even entertain buying trad work now, it can be difficult to convert customers without losing work, every house can be like a first clean as top frames are usually dirty, then the customers that do keep you on feel hard done by when you clean their house in half the time of the previous cleaner.
Title: Re: The cost of window rounds
Post by: hotsteam on September 16, 2019, 10:48:50 pm
Depends what you’re buying, my general rule of thumb is x5 for decent WFP work. It’s also worth remembering that if it’s only part of a round that’s being sold, it’s generally the worst paid work that the seller be getting rid of so it’s often better to buy a round in it’s entirety. I don’t even entertain buying trad work now, it can be difficult to convert customers without losing work, every house can be like a first clean as top frames are usually dirty, then the customers that do keep you on feel hard done by when you clean their house in half the time of the previous cleaner.

But it is a better Job !
Title: Re: The cost of window rounds
Post by: Plankton on September 16, 2019, 10:50:31 pm
But they've sacked you before they find out, usually with some line like you don't even finish them off!
Title: Re: The cost of window rounds
Post by: jonboywalton75 on September 17, 2019, 08:42:38 am
But they've sacked you before they find out, usually with some line like you don't even finish them off!

Ive bought quite a few rounds as well as selling, usually around 5x.
Worked well for me
No way is Daz's round worth 10x, especially the council estate that he has to collect on😱😱
Title: Re: The cost of window rounds
Post by: hotsteam on September 17, 2019, 05:20:15 pm
If you were to sell a round worth £5,000 a month, and sell for 10 x, who is going to stump up £50,000  ::)roll ::)roll ::)roll
Title: Re: The cost of window rounds
Post by: The Jester of Wibbly on September 17, 2019, 05:36:13 pm
Much better ways to spend marketing buget with better ROI.

Plus buying rounds is not tax deductible
Title: Re: The cost of window rounds
Post by: Plankton on September 17, 2019, 05:40:30 pm
I've taken on hundreds this year and it's a pita to change them over from trad, drop out rate was huge due to the last company neglecting the run and being constantly late ie 3 monthly! I'm running it four weekly and they hit out with the this time already patter ::)roll
I'm looking to do it again but for me the price will have to be lower than the average going rate due to the headache involved.
Title: Re: The cost of window rounds
Post by: Plankton on September 17, 2019, 05:42:19 pm
Much better ways to spend marketing buget with better ROI.

Plus buying rounds is not tax deductible
Take out a loan for the business and buying a van or a round is the same thing.
Title: Re: The cost of window rounds
Post by: Stoots on September 17, 2019, 06:20:48 pm
It's a tricky one for this reason

If you are selling a days work let's say £300 of quality work that you've had for years, all easy work with great payers then you are going to want 10x for it. It's worth that amount to you.

As a buyer though you don't know how good it actually is, you are taking a gamble on it and thus to hand over 3k seems insanity for goodwill.

So there's a conflict between what it's worth to you and what it's worth to someone else.

This probably brings the price down to something like 5-6 times for good work and 3 times for dog turd work
Title: Re: The cost of window rounds
Post by: hotsteam on September 17, 2019, 07:50:01 pm
Take out a loan for the business and buying a van or a round is the same thing. Quote

A loan for a round is difficult, you go to a bank, " I need to borrow 30,000 " you say to the bank," what security have you got ? "

they say, you say " it's on cleaner planner ! " hmmmm that's not really security !  ::)roll
Title: Re: The cost of window rounds
Post by: Stoots on September 17, 2019, 08:51:51 pm
Take out a loan for the business and buying a van or a round is the same thing. Quote

A loan for a round is difficult, you go to a bank, " I need to borrow 30,000 " you say to the bank," what security have you got ? "

they say, you say " it's on cleaner planner ! " hmmmm that's not really security !  ::)roll

It's not true either. You can claim the interest on a business loan as a tax deductable expense if it's been used for a business expense...such as buying a van.  But buying good will is not a business expense it's personal so therefore you can't claim anyway.

Title: Re: The cost of window rounds
Post by: Plankton on September 17, 2019, 08:56:03 pm
For starters good luck going to a bank! They're shutting down everything so most likely you'd be applying online which is less hassle. Everyone has different credit ratings, you either get it or you don't.
Title: Re: The cost of window rounds
Post by: Plankton on September 17, 2019, 08:58:28 pm
The loan is the expense not just the interest.
Title: Re: The cost of window rounds
Post by: Ste M on September 17, 2019, 08:58:55 pm
So effectively nearly all of you are saying your business is worth nothing or next to nothing?

No way would i just let my work go nor would I sell it for a pittance, Ive top quality compact work priced right. If I was selling, I'm never going to by the way, then I'd want top money. However i would also expect the new person to lose some of them, say 10%, so would also take this into consideration.

I won't sell though cos my youngest son wants to take it over when he's older and i cant think of anything better than setting my son up in a well established business
Title: Re: The cost of window rounds
Post by: Plankton on September 17, 2019, 09:03:57 pm
It's reality! You can put whatever bs value on your business but at the end of the day it's only worth what people are willing to pay for it.
Title: Re: The cost of window rounds
Post by: dazmond on September 18, 2019, 08:49:49 am
I've taken on hundreds this year and it's a pita to change them over from trad, drop out rate was huge due to the last company neglecting the run and being constantly late ie 3 monthly! I'm running it four weekly and they hit out with the this time already patter ::)roll
I'm looking to do it again but for me the price will have to be lower than the average going rate due to the headache involved.

mines all WFP and im usually bang on time whether its 4 weekly/8weekly,etc.... ;D...also most of my work is within a 2 mile affluent area(over 300 jobs) built up over 26 years.....
Title: Re: The cost of window rounds
Post by: Scrimble on September 18, 2019, 04:11:27 pm
It's reality! You can put whatever bs value on your business but at the end of the day it's only worth what people are willing to pay for it.

Your not buying a business though, just a list of customers or at the very least basically a job. not all window cleaning rounds are the same though, some are literally worthless

for a list of a few hundred under priced customers average price £10, pay when they feel like is cash/cheque/bacs cleaned by john smith the window cleaner I would pay zero

the only way a window cleaning round is going to be worth 10x + or classed as a business is if it has a fleet of vans, a unit, a office, admin staff/office manage, thousands of customers signed up to gocardless and a team of cleaners where the person buying becomes the boss
Title: Re: The cost of window rounds
Post by: NWH on September 18, 2019, 05:16:06 pm
Built up since 1963 you can have it for 3 times the monthly 😂 or I could always just give it away,anybody with any sense would pay very good money but then again like what I said on another thread some people still don’t look at window cleaning as a proper business.