Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: danny mckim on February 09, 2006, 03:13:17 pm

Title: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: danny mckim on February 09, 2006, 03:13:17 pm
RECENTLY HERE IN PAISLEY A SELF EMPLOYED WINDOWCLEANER SOLD HIS COMMERCIAL ROUND WHICH EARNED HIM 750 POUNDS PER WEEK TO A BIG COMPANY FOR £40000. WHAT DO OTHER MEMBERS THINK THE VALUE OF THEIR BUISNESS IS
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: JM123 on February 09, 2006, 03:28:11 pm
Dont think you could justify asking 40000 for a 3000 a month round, then again if thats what some are prepared to pay then fair enough.  Mine's somewhere around £1100 so whats that worth then??  Interesting to know who has the biggest round, is £2000 a week possible at non-extortionate prices??
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: sair on February 09, 2006, 03:57:14 pm
off one man, hard work good pricing all the time could be done its only 400 a day im sure some out there  nearly doing it . :o
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Roy Harding on February 09, 2006, 03:59:09 pm
My round is projected this year to hit £48000,00, So £4000 a month, most sell at one and half times monthly turnover. So that means you could buy it for£6,000, yeh right its taken me 21yrs to build and were else can you buy a businness and be making a profit in a month and a half.

Roy
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: D woods on February 09, 2006, 04:04:42 pm
Commercial window cleaning rounds sell for 3/4 months turnover
so he should have got at least £9000
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: JM123 on February 09, 2006, 04:06:43 pm
takes 4 days to do 1100 with wfp and some are real good payers while some of them are possibly a bit on the cheap side but here I'm not complaing, nor starving
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: sunshine windows on February 09, 2006, 08:22:21 pm
I completely agree with Roy. I don't think there's another business in the world where you can be straight into a pretty much guaranteed profit after just a couple of months.

If i ever decided to sell my round i'd  try and get as close to the annual turnover price as possible. But then again, who's selling?? Not about to give up being my own boss and earning a damn good living from it unless i can pay off my mortgage and live happily ever after without having to work another day for the rest of my life, blah blah blah  ;D ;D ;D
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: poles apart on February 09, 2006, 08:27:24 pm
There are plenty of people out there willing to part with £30 or £40 thousand for a franchise without any work so why sell a business for a fraction of it's turnover!
I know what I'll be doing come sell up time! 8)
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: neil100 on February 09, 2006, 11:00:36 pm
My round can turn over a Grand a week.

£50,000.00 a year.

I would be lucky to get 10 grand for it.

Its worth what someone is willing to pay for it at the end of the day.

Any offers?

Nel.
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Biscute on February 10, 2006, 11:00:24 am
Most people i know who sell their rounds tend to sel them for about 2 and a half to 3 times ther monthly income.
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Moderator David@stives on February 10, 2006, 04:01:11 pm
I can only speak from experience .I have bought 2 rounds in the past

Round 1  turnover £250 month   I paid £500 over 5 instalments

Round 2  """""""    £1400 month  paid  £3000.

I have seen residential rounds on offer for 5 times the monthly take

Also seen commercial rounds up to 10 times monthly take,  Whether they sold at them prices is another matter.

I would pay up to 5 times for good quality commercial work and no more than 2 times for residential.

When a round has a huge turnover say £150,000 then it is an all new ball game as people would look at it as a good income just for managing a round and may pay a premium

Dave

Dave
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Rob Tonks on February 10, 2006, 10:42:37 pm
i know a w/c who does about £4500a week. he got 7 lads doing it for him. he has paid 30 times for a 2 weekly round with cheap prices. and he hasnt cleaned a window for at least 2 years himself. im not jealous though..... lol
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: neil100 on February 10, 2006, 10:55:50 pm
Is that £4500 clear profit after he has paid his 7 lads?

Nel.
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Sir Squeaky on February 10, 2006, 11:07:18 pm
I'd hope for about 10 quid.... ;D

No seriously, I'd like at least 4 grand, and I'd throw in my crappy ladder.
Title: Re: WHAT DO YOU THINK YOU ROUND IS WORTH
Post by: Rob Tonks on February 10, 2006, 11:12:42 pm
hi neil,
no before he pays lads. he clears well over £2000 week and hes got a gardening business as well . think he got 4 lads doing that for him. he very rarely works. 95% residential work, only a bit of commercial. ( easy life for some) its took him 20 years to build his business up to that size though.  

rob