wrighty

  • Posts: 368
Business opportunity - your advice please
« on: January 15, 2004, 11:46:37 pm »
HI Peeps,

I live in ther North West Of England and a contact tells me ther is a window cleaning round in South West London for sale and it takes £2600 per month for 8/9 days work.  I am awaiting price for business etc what do you people think.  If you where me would you travel - about 4 hours away but again the days are 2 per week?

Let me know your advice.

Craig

STEVE71163

Re: Business opportunity - your advice please
« Reply #1 on: January 16, 2004, 06:09:02 pm »
Crikey Craig
                  I wish i was doing £2600 for 8-9 days work :o   What sort of work is it ???

Steve

Majestic

Re: Business opportunity - your advice please
« Reply #2 on: January 16, 2004, 06:32:18 pm »
Why not stay for the 2 days,  get a cheap b&b ,  8)

wrighty

  • Posts: 368
Re: Business opportunity - your advice please
« Reply #3 on: January 16, 2004, 07:50:00 pm »
Steve,

It is all residential and I will be going down there to do the round before buying.  What do you think it would be worth?

Craig

matt

Re: Business opportunity - your advice please
« Reply #4 on: January 16, 2004, 08:07:13 pm »
get a nice VW campa van :), kip in it over night,

your sorted :)

i paid the roud total for my work, BUT i had to put up a fair few, lost 3 out of 900 quid of work, so not bad, its now worth £950 as i put it up

mainy pay 2X the amount, sometimes 3X the amount

STEVE71163

Re: Business opportunity - your advice please
« Reply #5 on: January 16, 2004, 08:23:48 pm »
Hi Craig
           Its very difficult to put a price on work like this because if you can earn £2600 (£325 a day) in 8 days work it must be very good work. Has the guy not given you an idea of what its worth ???

Sorry i cant be more help :-[

Steve

wrighty

  • Posts: 368
Re: Business opportunity - your advice please
« Reply #6 on: January 16, 2004, 11:21:48 pm »
Steve,

I am advised in the region of £18,000

The round has been established for 12 years and the chap has had a health scare so he is selling.

What do you think.  Seems a good earner doesn't it.

Craig

denzle

Re: Business opportunity - your advice please
« Reply #7 on: January 16, 2004, 11:26:11 pm »
Sounds well overpriced to me, 3 times monthly gross is about what its worth, offer that and see what happens.
Denzle

matt

Re: Business opportunity - your advice please
« Reply #8 on: January 16, 2004, 11:29:44 pm »
18K  :o :o :o

way too much imho


STEVE71163

Re: Business opportunity - your advice please
« Reply #9 on: January 16, 2004, 11:32:05 pm »
Hi Craig
           As Denzle says i think its over priced but i guess its what you are happy with at the end of the day. I would ask him if he is open to offers  ;)

Steve

wrighty

  • Posts: 368
Re: Business opportunity - your advice please
« Reply #10 on: January 16, 2004, 11:56:18 pm »
Steve & Co,

I thought so myself.  I wasn't happy with the price but I am just awaiting an email from him with more in depth detail.  No way am I paying £18k but I do like the sound of the earnings.

Whats the maximum that you think I should pay I know you say 3 times tops, but do you think its worth £10k bearing in mind I live in North West Emgland (St Helens.)

I know before you say it we are the best rugby league club :P

Craig

Re: Business opportunity - your advice please
« Reply #11 on: January 17, 2004, 12:28:04 am »
Hi Craig
I agree too, sounds a lot to me too.
Does he have any contracts with any of his work or is it all residential work? (Good will)
I think a round is only worth what yr willing to pay a chap around my way was selling a round put up for sale for 4x’s then within a month went to x3-x2 then sold for that.
Must say work seems well priced though well worth a look.
Alan


matt

Re: Business opportunity - your advice please
« Reply #12 on: January 17, 2004, 12:36:47 am »
i wouldnt pay any more than 3X the month earnings

Majestic

Re: Business opportunity - your advice please
« Reply #13 on: January 17, 2004, 12:56:58 am »
3 times tops , but at the end of the day its how much you want the work , you  would have to see it first , is anyone else interested in it , or is it just you , how long has he been trying to sell it  8)

wrighty

  • Posts: 368
Re: Business opportunity - your advice please
« Reply #14 on: January 17, 2004, 01:17:04 am »
Thank you People for your contributions ,

I have never bought a round before as I was buying my local round for £5000 and it does £500 per week for  3 days work!  What do you think of that for value?

Unfortunately my window cleaner is keeping it now for another year of which the asking price will be the same but he is putting his prices up so the round will have more profit but I am disappointed that he is keeping it another year because I am losing out on the money.

Is this round good value - reason for sale is he is retiring in Devon.

Craig

matt

Re: Business opportunity - your advice please
« Reply #15 on: January 17, 2004, 11:00:42 am »
Quote
Is this round good value - reason for sale is he is retiring in Devon.

Craig


and drink cider from 11....11.....11.....11

STEVE71163

Re: Business opportunity - your advice please
« Reply #16 on: January 17, 2004, 11:16:23 am »
Quote


I have never bought a round before as I was buying my local round for £5000 and it does £500 per week for  3 days work!  What do you think of that for value?



Craig


Hi Craig
           That round sounds pretty good to me and it has the advantage of being local. The only problem i see with traveling to London each week is that if you travel down on say a Sunday evening you could get a couple of days bad weather you are hanging around and if you are in B&B its costing you money.

Steve

Peter Fogwill

  • Posts: 1415
Re: Business opportunity - your advice please
« Reply #17 on: January 17, 2004, 01:26:37 pm »
I wouldnt even consider buying work so far away unless you considered relocating.  You may think it was fine for the first few months until you get used to earning the money you earn, then you would find the travel a pain.  Even although it is supposed to be two days a week, the work may take you 4 days or longer until you get used to doing the work, and finding it in the first place.  For the money it will cost it would be better looking for work locally.

Peter

wrighty

  • Posts: 368
Re: Business opportunity - your advice please
« Reply #18 on: January 17, 2004, 01:35:17 pm »
Steve,

I know but I am very tempted to do it             and the aea seems to be a nice place as I have looked it up.

Still uinsure on what to do but Im working on it.

Any help or advice you think might be useful to me let me know.

Craig

STEVE71163

Re: Business opportunity - your advice please
« Reply #19 on: January 17, 2004, 03:45:18 pm »
Hi Craig
           I am just taking a look through Window talk and noticed a business brokers that specialise in cleaning businesses. They are called D Sinclair & Son and their telephone number is 0800-0520430 and their web address is

www.businesslink.uk.com

May be of some use ???

Steve