[* mike RH]

This work is all top class commercial. All but one job have been established for 7 years.

Job A     £500 every 2 months (14 hours work, 2 men, one day)
Job B     £450 every 2 months (9 hours work, 2 men, one morning)

Job C     £175 every month (5 hours work, 1 man, one morning)
Job Ca   £45 every 2 months (1.5 hours, 1 man)
Job Cb   £55 every 4 months (2 hours, 1 man)

Job D     £280 every 3 months (8 hours, 1 man, 1 day)
Job Da   £65 every month (25 mins per week for one man)

Job E     £270 every 3 months, but likely to go more frequently soon. (7 hours, 1 man, 1 day)

Job F     £165 every 2 months (5 hours, 1 man, 1 saturday morning)

Job G     £280 twice a year (7 hours, 1 man, 1 day)


So the total average per month as it stands is £1063 per month, working an average of 28 hours per month.

The total of all jobs done once would be £2285. The amount of hours to do all jobs would be 61, meaning an average hourly rate of £37.

Water fed pole is used.

Any thoughts as to how you would value it if it was your work to sell?



 

[windowwashers]

Ooops accidentally posted before I'm finished..... hang on

Is there a typo on job a 14 hours 2 men for £500 ?

[* mike RH]

No. All jobs are really good and some are fantastic.

That's why its hard to value it.

Especially since job a and B used to be monthly and could quite possibly go back to being monthly in the future.

Job E is presently considering going more frequently.

[need a cleaner]

i think that the main question is where in the UK is it based?

[* mike RH]

OK,

I'd be interested to know what its worth would be in the North and what its worth would be in the South.

[StevePB]

  If it is near Devon you'd have an interested buyer

[Pure H20 Cleaning Services]

I'm in midlands and i wouldn't pay any more than £2500.00 for it.

[* mike RH]

I'm in midlands and i wouldn't pay any more than £2500.00 for it.

Do you use water fed pole?

[nat]

where in the midlands is this work based?

[* mike RH]

I'm in midlands and i wouldn't pay any more than £2500.00 for it.

How much did you spend on your ionics Pro 5 system?


What's worth more?


It's work like this that would make investing in your pure water system worthwhile.


Thanks for the laugh though.

[NWH]

£2500 LOL,you can`t even buy a good van for that let alone a business that`s gonna give you a living,behave yourself.

[* mike RH]

The work is in the South.

At this point I don't want to say anymore as to where it is.

Its the kind of work that you could easily regret selling, so unless its worth me selling it I'll just be keeping it.  

(I sub it out since I moved. That's why I'd consider selling it.)

[NWH]

I live in the south,T.wells area.

[* mike RH]

You sound a bit more sensible NWH.

I think it would be a bit too far for you to travel.

But tell us what you would want for it if you were selling it...

[Spursboy1972]

I live in the South. Hampshire. If in the area I would be interested. Need it valued first and then maybe talk properly. I asm however not silly enough to say 2.5k.

[Gurdy]

Hi there in live in hampshire dorset border. would be very interested in buying the work if near enough. i,d say its worth around 2-3 grand.

[Moderator David@stives]

if it is in cornwall , I would give you £4500 for it

[NWH]

These guy`s from what i can see are not taking you seriously enough £4500 a good holiday and a new tele,come on Dave lol.

[* mike RH]

Hi there in live in hampshire dorset border. would be very interested in buying the work if near enough. i,d say its worth around 2-3 grand

I'm sure you would be very interested if it were only 2 or 3 grand.
 

[nat]

so wheres it based mike? i don't think we can nik it if we knew just the county?

i would pay around Daves figure!

[* mike RH]

Assuming the jobs I mentioned don't go monthly, in one year the turnover generated is £12,765

People spend more than that on a franchise!

Note:

I'm not asking for offers, I'm asking how much would you sell it for if it were your work.

[nat]

pointless exercise then!

just aim high see what you get? if your not in a hurry hang on to it? you obviously know what you want for it so sell it at that?

[Gurdy]

hi mike, if you were think of selling this work i would be very interested,(been cleaning 12yrs wfp&trad),if you wont serious offer,or price in mind ppm me.

[NWH]

No seriously mike,if it only generates 12 grand a year it aint worth that much mate.At that king of turnover a year i would say Dave was pretty close,within a grand or so anyway.

[* mike RH]

pointless exercise then!

just aim high see what you get? if your not in a hurry hang on to it? you obviously know what you want for it so sell it at that?

I've been toying with the idea of selling this work for 2 years. But I keep coming back to the same conclusions.

You are right, I do have a figure in mind and if I were to go ahead and sell it, then yes I would want that figure. I'm waiting to see if anyone thinks along the same lines as me in terms of what it's worth.

A domestic window cleaning round that averages £20 per hour is probably worth 3 times the monthly value, (finding domestic work is relatively easy)  so what is a commercial round worth that averages almost £40 an hour?

[Majestic]

Never mind job a , job b add all the work together then sell for 3 times clean value

[Spursboy1972]

Domestic rounds as a rukle are generally worth 2 x a clean and I am pretty sure that quality commercial work goes for 3-4 times the one clean if that makes sense. I may be wrong but there again may be right.

[nat]

come on Mike enough of the secrets enlighten us to how much you want for it?

i will brace myself so i don't fall off my chair

[NWH]

If you had a round for sale and it was worth £1000 a month if that consisted of about 5-6 jobs it would be worth loads more than the same amount made up of loads of little jobs.It`s the type of work be it commercial or domestic,i can earn the same if not more on my domestics than i can on my commercial work,commercial is not the be all and end all of WC.

[nat]

I'll second that NWH, i also have more valuble work than mike is stating but don't wish to disclose it as it would be classed as bragging

[Moderator David@stives]

I would pay 4 times up front, and if the work was still valid after 2 years i would give u another 4 times.

Commercial work should be valued at about 10 times monthly, usually sold to those that know the work.

It is very rare for good commercial rounds to come on the market.

dave

[NWH]

Most of them are sold through word of mouth,the need to advertise them is not needed.

[* mike RH]

If I sub it to a bona fide contractor at £150 per day, I can still make £560 per month doing nothing but sending invoices.

So if I sell it for £3000, after only 6 months I'd be regretting it.

What is it worth to sell an income of £560 per month for a couple of hours work invoicing and phone calls?

Even if someone bought it for £10,000, after a year they could do the same thing, subbing it out and have £560 coming in for just invoicing.

I'll second that NWH, i also have more valuble work than mike is stating but don't wish to disclose it as it would be classed as bragging

I'm not posting this to brag.... I know for a fact that there is better work out there.

As I say its been two years I've been toying with this idea, I turned down an offer of £6000 a few months ago.
I'm honestly posting this because I need advice.

Commercial work should be valued at about 10 times monthly, usually sold to those that know the work.

At last....Well done Dave, That's more like the figure I had in mind even then I think....

Am I just being daft even thinking of selling it?

[NWH]

Keep the £560 a month coming in,if you sold it for say £6000 and put that in the bank you aint gonna get £560 a month interest that`s for sure.

[* mike RH]

if you sold it for say £6000 and put that in the bank you aint gonna get £560 a month interest that`s for sure

Exactly!!

I'd be wanting at least £10,000 to even consider it.

[NWH]

If you can get someone to do it for you i wouldn`t even consider that.

[Majestic]

Do you want to sell it

[* mike RH]

I don't like being in debt.

[* mike RH]

Thanks for your replies guys.

I think I'll be hanging on to it.

[windowwashers]

Sry if this is wrong, but I saw the post that says £500 for 14 hours work with 2 men. there would be no way in this world I would pay 2x times for it, 1 14 hours in a day for a start 2 14 hours for 2 men to get £500 thats very poor earning is it not for the south?

Some of the other worked looked ok, but 10k for just over a grand a month, IMO you are kidding yourself. :

I would keep it if I was you as I dont recon you will get want you want for it.

[ronnie paton]

i really dont understand how people can say its worth 2x , 3x , 4x a clean?

I mean wot if Joe had £2500 work on a 4 weekly rota takes up the full 4 weeks and dave has £2500 work on a 4 weekly rota but does it in 2weeks how can these be worth the same??

Im i the only one that thinks like this?

[windowwashers]

i really dont understand how people can say its worth 2x , 3x , 4x a clean?

I mean wot if Joe had £2500 work on a 4 weekly rota takes up the full 4 weeks and dave has £2500 work on a 4 weekly rota but does it in 2weeks how can these be worth the same??

Im i the only one that thinks like this?

Nope.  Something is only worth what someone is willing to pay and that is fact.

[ronnie paton]

ye course but people say o its 3x times a clean the norm so people get this is the head and think that is what its worth to buy/sell but sutley its value is depenandt on the time taken to earn the money the quality of the work, how long the person has had the work ect ect

[windowwashers]

ye course but people say o its 3x times a clean the norm so people get this is the head and think that is what its worth to buy/sell but sutley its value is depenandt on the time taken to earn the money the quality of the work, how long the person has had the work ect ect

IMO that is the only way to sell, if work is very good the price will be higher, very bad lower, you do see 2x 3x 4x 5x for domestic and commercial 3x upwards 10x is a joke IMO as contracts change more in commercial than domestic unless they are guareteed, and at 10x I would want that guarentee for at least three times the price I would pay.

[Moderator David@stives]

I will pay upto 10 times no problem for any quality commercial work that fits in with mine.

[Davo]

Why is commercial rated so much higher than domestic??

If you lose 2 of those big paying jobs then your income drops dramatically

Lose 2 domestic jobs ( on a round producing the SAME hourly rate ) and you would never notice the difference.

Surely wether domestic or commercial its all about the hourly rate the work produces.

£30 an hour on commercial doesnt make you any richer than £30 an hour on domestic, that is until you come to sell it.

Mark

[Mike_G]

10 x for commercial I wouldn't, you never know how long you may keep it for.

As or subbing out the work great while you keep the work but if you were to lose the work for whatever reason it ain't worth a bean. Just a thought for you to consider.

 

 


.

[Moderator David@stives]

if some one was selling £100'000 a year  shop round, would you not work the round for one year for nothing,
 knowing that for the next 20 years you will have £100'000 a year in your pocket, getting the same return when you sell it.

For me that is perfect business sense, would i pay the same for houses ? no probably not.

The beauty of commercial is that it can be done in all weather and all hours, just last night i cleaned a supermarket canopy, then at 10.00 pm i cleaned another 2 large store fronts.

I needed to get these jobs out of the way so Sunday was ideal , what other jobs could you do at these times

[* mike RH]

ye course but people say o its 3x times a clean the norm so people get this is the head and think that is what its worth to buy/sell but sutley its value is depenandt on the time taken to earn the money the quality of the work, how long the person has had the work ect ect

if some one was selling £100'000 a year  shop round, would you not work the round for one year for nothing,
knowing that for the next 20 years you will have £100'000 a year in your pocket, getting the same return when you sell it.

For me that is perfect business sense, would i pay the same for houses ? no probably not.

I totally agree.

[eddie d]

the problem is ,none of the work is guarnteed .a change of manager or buisness owner and your out on your ear .so there is a considerable risk to the buyer.thats why i think its value isnt as great as you may like .
especially as the higher the prices the higher risk of being undercut .

[ronnie paton]

but nither is it if you buy a cafe a shop a marketing business anything there is competition in every kind of work.

[Davo]

the problem is ,none of the work is guarnteed .a change of manager or buisness owner and your out on your ear .so there is a considerable risk to the buyer.thats why i think its value isnt as great as you may like .
especially as the higher the prices the higher risk of being undercut .

That surely must increase the value of good paying domestic work. The risk is spread over many customers, lose 1 or 2 it doesnt hurt. Lose a couple of big commercial jobs and your looking at having to find comparatively alot of work to replace the lost income. Also with commercial there are more companies chasing the work.

Mark

[eddie d]

personally id prefer to buy a good domestic round over a comercial round .domes are much more loyal .

mike has had a good run on this work ,but i wouldnt count on it lasting forever .

and as someone who subs out work ,its not always as simple as sending off the invoice and collecting the cq .

a subby wi8ll soon realize that he can earn more than 150 a day on his own .

good luck

[Spursboy1972]

Mike it seems that 10x is a fair price. It appears to be quality work on the surface. Although I would like a shot at it, if I am honest in your shoes I would keep it and just sub it out.

If any of it is in my area and you need help (with subbing it out) then feel free to give me a shout

Tony
07917 623633

[marc]

mike if in the essex area then i would be interested or within traveling distance of essex 07771723668 or 01702 617717 marc if not then good luck anyway

[windowwashers]

if some one was selling £100'000 a year  shop round, would you not work the round for one year for nothing,
 knowing that for the next 20 years you will have £100'000 a year in your pocket, getting the same return when you sell it.

For me that is perfect business sense, would i pay the same for houses ? no probably not.

The beauty of commercial is that it can be done in all weather and all hours, just last night i cleaned a supermarket canopy, then at 10.00 pm i cleaned another 2 large store fronts.

I needed to get these jobs out of the way so Sunday was ideal , what other jobs could you do at these times

timing yes have to agree with you, but 20 years doing commercial work now as like trying to find rocking horse ==== you may well buy it for 10x then some new company charges less than you and wins round the person by taking them out for dinner ect = you paying money for nothing, domestic work in my eyes is a stronger asset than commercial any day of the week, i do both and commercial is a harder kettle of fish thats only IMO

[Pure H20 Cleaning Services]

Yes i am wfp, what you are talking about is worth just under £13k per year, Ive just bought £8k per year worth of work for £1250.00. No work is worth more than  3 times the monthly income. Oh and to answer your question my Pro 5 was a great investment.

[Pj]

It's worth what it's worth to the highest bidder who wants it at the end of the day.

You could rent it to someone and collect £250 pw for doing nothing, if it's really going to deliver what you say it will.  While you decide what to do.

My guess is you just want to realise your worth and carry on with renewed motivation.

If you sell you will get max £7,000 no more.

[Pure H20 Cleaning Services]

£2500 LOL,you can`t even buy a good van for that let alone a business that`s gonna give you a living,behave yourself.

Bought a 91 nissan 2.3 vanette £2200.00 ,  30.000 on the clock, sorry your wrong again

[ronnie paton]

ant how can you say no work is worth more than 3 times its monthly income???

you are saying no matter how long it takes or how diifficult or easy it may be its valued at the same price if it brings in the same amount.

crazy

[Paul Coleman]

It sounds like quality work.  If there is a contract in place that guarantees it for at least a year (hopefully more) 4 - 5 times monthly income would be OK I reckon.  Even if it all went wrong after a year, you would still earn reasonably OK from it even allowing for the upfront cost.  Without guarantees, it's much harder to say.  As someone else said, it only takes a change of manager and it can all go down the pan.  In that case, much better to pay 20% of the monthly turnover but if you sub it out already, you would probably make more by continuing to do so.
It sounds like some nice work you've got hold of there.

[Pure H20 Cleaning Services]

The problem is all that window cleaners are selling is addresses not a guarantee of work its like fools gold, we were asked what we thought it was worth i like some others said 2500 whats the problem with that?

[Paul Coleman]

The problem is all that window cleaners are selling is addresses not a guarantee of work its like fools gold, we were asked what we thought it was worth i like some others said 2500 whats the problem with that?

I suppose the old saying holds true that something is worth what someone is prepared to pay.  If it's more lucrative for him to keep the work and make a bit from subbing it out then I guess he might as well take that option.  If I was selling work like that with a contract, I reckon I would want at least 4 - 5 grand for it.  Nothing wrong with offering 2500 though as all these things may be negotiable.  £2500 would probably secure the work if it was reasonable domestic work.