Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: darylmiller on June 20, 2013, 07:19:53 pm

Title: contract for buying a round.
Post by: darylmiller on June 20, 2013, 07:19:53 pm

I have a well established round in my area and I am just about to buy a considerable amount of work established 25 years from another windy i have known since I started. All his customers know he is retiring and he's told everyone he has found a replacement for them -- Me!

Any way he is being gracious enough to take a third as a down payment and the rest is to be worked and paid for over the coming few months.

Does anyone have a contract I can use to protect myself so i can sign it with him and with independent witnesses to cover I disagree?

profitpilgrim@gmail.com

Many thanks.

Title: Re: contract for buying a round.
Post by: Bay View WCS on June 20, 2013, 10:23:57 pm

A contract is simply a document which sets down in writing what you have agreed verbally between you. You should start by writing down exactly what you think are the terms that you have agreed - both from your side and from his. You might want to get down how much you are paying, how much deposit, how much per week/month; I would also include an appendix of all the addresses. you might want  think about what happens if things go wrong - such as non payment or if he starts to approach the custies afterwards; you may also want to think about clauses which prevent him from selling the round to others.

 if you want I could help if you want to send me a list of the terms you want to include

Cheers, Tom

Title: Re: contract for buying a round.
Post by: bumper on June 21, 2013, 01:45:55 pm

What I did was to sell the round cheap and sell It to 6  differnt window cleaners then get your cash and do one  happy days  :)

Title: Re: contract for buying a round.
Post by: windiewasher on June 21, 2013, 02:03:25 pm

Quote from: bumper on June 21, 2013, 01:45:55 pm

What I did was to sell the round cheap and sell It to 6  differnt window cleaners then get your cash and do one  happy days  :)

Thats the way to do it.lol

Title: Re: contract for buying a round.
Post by: Ian101 on June 22, 2013, 06:47:14 am

call me old fashioned (or naieve) but all of my buying and sellling been done on a handshake.

the fact he is letting you pay over time shows trust and if it was me giving you time to pay i may be a little saddened that you would ask me to sign a contract ??

of course you want to be introduced to every customer before money handed over

Title: Re: contract for buying a round.
Post by: wpclean on June 22, 2013, 07:36:12 am

Sounds like you have got a good deal, if you start talking about contracts you may upset the seller, and lose the round.

Title: Re: contract for buying a round.
Post by: tlwcs on June 22, 2013, 08:44:47 am

Quote from: Ian101 on June 22, 2013, 06:47:14 am

call me old fashioned (or naieve) but all of my buying and sellling been done on a handshake.

the fact he is letting you pay over time shows trust and if it was me giving you time to pay i may be a little saddened that you would ask me to sign a contract ??

of course you want to be introduced to every customer before money handed over

Agree 100%