tompoole

  • Posts: 800
What would you pay for this round
« on: February 23, 2014, 11:49:34 am »
Part time round in Bucks
Yearly turnover £25k minimum.
Works out 4hrs a day 20days a month.

Ford transit 125ps 2012 , 280 swb low roof 26k miles .
500litre tank, gardener 22slx , 100m hose, shurflow x 3.
300gpd ro, small di, 1000litre static with transfer pump.

What would you pay for round?
Or round and van?
Need some rough figures , van alone at we buy any van is £10695
So guess on e they have knocked a bit off they will offer just above £10k
Cheers
Tom

Clever Forum Name

  • Posts: 5942
Re: What would you pay for this round
« Reply #1 on: February 23, 2014, 12:14:45 pm »
Is the van white?

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #2 on: February 23, 2014, 12:25:30 pm »

Clever Forum Name

  • Posts: 5942
Re: What would you pay for this round
« Reply #3 on: February 23, 2014, 12:30:47 pm »
I need another van, and it needs to be white.......

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #4 on: February 23, 2014, 12:32:50 pm »
yes its white

Clever Forum Name

  • Posts: 5942
Re: What would you pay for this round
« Reply #5 on: February 23, 2014, 12:34:19 pm »
Seemed to remember you saying no vat....?

If the van does come up for sale i would be interested.

I am looking at vans now.

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #6 on: February 23, 2014, 12:52:32 pm »
yes its no vat, I will let you know next weekend what my plans are

Re: What would you pay for this round
« Reply #7 on: February 23, 2014, 02:06:07 pm »
£11,000 for the round at 5x monthly

Paul Coleman

Re: What would you pay for this round
« Reply #8 on: February 23, 2014, 03:02:02 pm »
I doubt I would buy work again for anything more than a pittance.
5x far too much anyway.  You end up with loads of poor access/messers etc.

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #9 on: February 23, 2014, 03:10:46 pm »
Thanks for input David , but it's a good round just after an idea
What people are paying not what you wouldn't pay.

Pete Thompson

  • Posts: 951
Re: What would you pay for this round
« Reply #10 on: February 23, 2014, 03:28:03 pm »
Quote
Yearly turnover £25k minimum.
Works out 4hrs a day 20days a month

£25k per year = £480 per week

For 4 days a week that's only about £120 per day.

Why only 4 hrs per day?

Is that just all he can be bothered to do right now, and so someone with proper motivation could do it 7 hrs a day.  Or is that because of travelling or some other reason?

4 hrs a day is a lazy man's schedule.

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #11 on: February 23, 2014, 03:58:28 pm »
Lol ,I only do 4hrs a day because I have arthritis.....
Window cleaning is a bit of exercise for me but finding it causes
Me to be in too much pain now so thinking of calling it a day.
Now you have all the facts , what's it worth .....
No more negative comments please just people who can give me
An idea of the value of the round.
Jan 2014 takings 2216
140 jobs
Average £15 per job
More info if anyone else interested
Round started Jan 2008 most jobs gained via word off mouth and don't advertise.

Pete Thompson

  • Posts: 951
Re: What would you pay for this round
« Reply #12 on: February 23, 2014, 04:41:29 pm »
Quote
Lol ,I only do 4hrs a day because I have arthritis.....
Window cleaning is a bit of exercise for me but finding it causes
Me to be in too much pain now so thinking of calling it a day.

Sorry mate, no offense intended, fair play to you for doing what you can.

Well IMO its okay work, about £30 per hour, so I would be happy to pay anything from 3x to 5x the monthly value.  So for the round alone a fair price would be £6k to about £10k.

No idea about the system or vehicle.

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #13 on: February 23, 2014, 04:54:30 pm »
Cheers buddy, im not offended mate, I should've made it a bit clearer.
.. Thanks for info, very helpful
I now know what to expect.
Not really expecting much from the kit just needed to know what
People are prepared to pay.
Thanks again

PoleKing

  • Posts: 8974
Re: What would you pay for this round
« Reply #14 on: February 23, 2014, 05:21:46 pm »
If you can do it @ £30p/h, would someone without arthritis not be much quicker?
Could be looking at double for a fit & able fella...
www.LanesWindowCleaning.com

It's just the internet. Try not to worry.

James chapman

  • Posts: 147
Re: What would you pay for this round
« Reply #15 on: February 23, 2014, 05:47:08 pm »
Where abouts in bucks is the round??

TomCrowther

  • Posts: 1965
Re: What would you pay for this round
« Reply #16 on: February 23, 2014, 06:19:36 pm »
I would build it up to a full time round with the help of a part time employee (with your arthritis in mind), then get a full time employee to work it, pay him £x and take the rest as dividends.

Perfect Windows

  • Posts: 4126
Re: What would you pay for this round
« Reply #17 on: February 23, 2014, 07:19:07 pm »
Tom, I know it's not the question you asked directly, but why not rent it?

People are talking about 5x monthly.  Rent it at 20% and you'll get 2.4x monthly every year forever.  Headache to you will be setting up the rental.  I think it was Dave St Ives who talked about a contract where the rentee is responsible for replacing all lost customers, so it needn't decline over time.

It'd be good business for you (certainly better than selling it for 5x) and a good start for someone who wants a ready-to-go round.

Just a thought.

Vin

tompoole

  • Posts: 800
Re: What would you pay for this round
« Reply #18 on: February 23, 2014, 08:40:03 pm »
Sounds good Vin, I will give it some serious thought
Cheers

Paul Coleman

Re: What would you pay for this round
« Reply #19 on: February 23, 2014, 08:52:35 pm »
Thanks for input David , but it's a good round just after an idea
What people are paying not what you wouldn't pay.

Well, if you already know it's a good, well paid round and it's a suitable one for the way you work, maybe 4x at a push.  If you know it's even better than that, maybe it is worth 5x.
I was assuming that you didn't know any details of individual jobs in my earlier response.  Also, that response was coloured by a bad experience I once had so I may be biased  :) .
Be prepared for a fewcancellations though.  Any who were thinking of cancelling anyway would draw a line under it at a change of cleaner.  Not being negative.  That's just reality but it would probably only be a small percentage.

EDIT:  Tom.  I'm so sorry.  I thought this was a round you were thinking of buying and were after suggestions.  I've just realised that it's one you are thinking of selling. (oops!!).  I wasn't accusing you of palming messers off onto other windies.  I thought I was warning you of the pitfalls of buying and was trying to do you a favour by doing so.

Ian Rochester

  • Posts: 2588
Re: What would you pay for this round
« Reply #20 on: February 23, 2014, 09:36:14 pm »
Most we have ever paid is 3 times monthly value, payment is 50% down with the balance due after 2nd clean has been done and paid for, any lost customers comes off the final payment

Dan crowther

Re: What would you pay for this round New
« Reply #21 on: February 24, 2014, 12:01:07 am »
If you are not in a rush then hold out for a buyer prepared to pay more as they do come from time to time, new starters with redundancy packages, established cleaners wanting to expand quickly etc. If you want to sell fairly quickly there is an abundance that will take it at 3-4 cleans, especially for higher yield wfp work. I am currently selling my work ( 10 easy 6 hour days 5 weekly bringing £2000) and advertised at 3.5 cleans. I have had 5 interested people in a few days and I'm in an area where I would have thought it a little harder to sell, based in villages. I'm selling too cheap obviously. Do as I should have done... Be confident in your work, it's a decent starter round amount, advertise, test the market at a higher price first and gauge the response. Don't advertise too cheap to start with and regret it after, you can negotiate down but not up.