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UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Matthew JN on May 13, 2012, 04:52:12 pm

Title: What is an established round worth ?
Post by: Matthew JN on May 13, 2012, 04:52:12 pm

Hi all,

Considering buying a well established (5 years) wfp domestic round as an add-on to my business. It turns over an average of 2K per month.

Am i insulting the guy by saying that i think his round is worth what a current buyer will pay for it - i see this as 4 times the monthly turnover ???  but he wants 6 times the turnover.

Title: Re: What is an established round worth ?
Post by: paul13 on May 13, 2012, 05:30:21 pm

Meet half way, 5x ;D

Title: Re: What is an established round worth ?
Post by: mister bit on May 13, 2012, 05:48:02 pm

Negotiate  ;D

It all depends what it's worth to you and your business. How much would it cost you to grow an equivalent round? Is it in a local area? All easy cleans? Compact? .... all those normal questions.

Difficult to give a straight answer because there are too many factors that are personal to you.

 I always think of how much things are worth to me and walk away if it goes above.

I had my eye on a local round that started at 9,000 and now it's still not sold at 6,000 and I'm still prepared to wait I think 4,500 and it's a bargain... may not happen at all but something else will turn up that represents value to me.

Title: Re: What is an established round worth ?
Post by: danny martin on May 13, 2012, 05:56:34 pm

hi iv just sold some work furthest away from my house x5 and bought same amount of work closer to home x4 so i got a good deal but i would only pay what you think its worth

Title: Re: What is an established round worth ?
Post by: Matthew JN on May 13, 2012, 10:59:33 pm

Thanks - appreciate the replies :)

Title: Re: What is an established round worth ?
Post by: Total shine cleaning services on May 13, 2012, 11:11:32 pm

I have never bought work but I think the difference in value has also got to be down to pricing, if say you were buying a round that on average was priced at £1-2
More per job than another round you would pay more cos the yield would be higher- some people price well others don't, so this would also play a part would it not...?

Graham

Title: Re: What is an established round worth ?
Post by: Steve CM on May 13, 2012, 11:18:21 pm

Yes it would command more money

Title: Re: What is an established round worth ?
Post by: wpclean on May 13, 2012, 11:23:02 pm

Good established work is hard to come by, so if I were in your position I would try and chip him, but if he holds out for full price pay it.