Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: shammy davis jnr on July 17, 2014, 04:39:43 pm
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If selling part ofy round all good customers. 400 doors brings in 29000 a year what would could I expect to get works out sat about 16 doors a day and would take one guy a month to clean. I am down scaling abit to concentrate on other stuff what would you guys ask for just would like to see different opinions on this before I advertise, p's work all compact houses
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If selling part ofy round all good customers. 400 doors brings in 29000 a year what would could I expect to get works out sat about 16 doors a day and would take one guy a month to clean. I am down scaling abit to concentrate on other stuff what would you guys ask for just would like to see different opinions on this before I advertise, p's work all compact houses
£6 a house average?
You should probably be happy with anything over £7k
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Assuming they are monthly cleans so 12 cleans per year that's an average clean price of £6.04 (if my maths is correct) Prices seem low, are they all 2 up/2 down terraces?
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Most two up two down some biggies some bungalows good mix really and yes monthly cleans just George prints at different prices every month as some have 30 days others don't and set for no weekend work very good payers as done it for ten years and no not today's bad debt etc as I don't tollarate it on any my runs
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Where is it
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Central belt Scotland
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If it's done trad I would say 7K.
If WFP 8.5K
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only 300 mile away lol
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Deal buddy it's yours for 5000 ;D
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so many people undervalue their business, most of all are window cleaners.
How long would it take to bring in that amount of work; 2 years? 3? 4? possibly longer?
in one year maybe if your really focused and canvassed your ass off you could build £14k but some would be messers etc.
this is established work; the purchaser is buying goodwill that is well established. 10 years aswell.
I have always used this formula.
Year Round Value / 12 * 7.5
so for £29000 =£18,125 is its true value.
If it was sold in the January, the round would be in profit by Mid August with a total profit for the 1st year of £10,875 Second year would be all profit of £29k
it would take a long time to canvass this work, its worth 18k
don't sell it for 7k I will drive up there myself and slap your mush for selling so cheap.
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so many people undervalue their business, most of all are window cleaners.
How long would it take to bring in that amount of work; 2 years? 3? 4? possibly longer?
in one year maybe if your really focused and canvassed your ass off you could build £14k but some would be messers etc.
this is established work; the purchaser is buying goodwill that is well established. 10 years aswell.
I have always used this formula.
Year Round Value / 12 * 7.5
so for £29000 =£18,125 is its true value.
If it was sold in the January, the round would be in profit by Mid August with a total profit for the 1st year of £10,875 Second year would be all profit of £29k
it would take a long time to canvass this work, its worth 18k
don't sell it for 7k I will drive up there myself and slap your mush for selling so cheap.
Nobody in their right mind would pay £18,000 for a bunch of £6 houses.
It's all well and good valuing your round the way you have but at the end of the day, it's only worth what someone will pay for it.
In fact, I'd be amazed if it went for double figures, let alone twice that.
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Intesting it's a hard one if it were a pub it used to work on twice. The annual turnover but rates and that come into play it is hard to put a price on and yes you do need a buyer but you don't want to be a mug either...basically it's a ready made annual outcome for some one and as said before it does take years to get them this sweet. It's a hard one needle food for thought though it's like earning 30 k a year and buying it for theprice of a company car ??! not that I'm greedy just curious anyone else got any ideas
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5 x the monthly income is what I sold a round for and was happy with that.
Found a buyer straight away through the internet and I still get the odd text/call asking about the round 2 years later.
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Next question lol which net site ??? Gumtree eBay preeloved ad trader our all of the above
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Do your tax returns support your 29K per annum claim ?
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wforsale
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In central Scotland, (Lanark, Carluke ect, where you work) Your best bet may be the sell by installment method.
In effect, you own all the work until the rent to buy guy has paid the agreed price in full and within a certain timescale.
Get it all in writing, signed and dated by both parties. If it all goes diddies up, you still own the work, and it would be a good idea to keep the "SB" name as far as the customer is concerned until the takeover is complete in full as well.
It's hard to sell in this climate, you have to think outside the box at times.
If you find it difficult to sell, I possibly may have an interest. What is your thought's on this idea?
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Second year would be all profit of £29k
£29k profit?
No running costs then ???
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Second year would be all profit of £29k
£29k profit?
No running costs then ???
He's wrong anyway. He takes no account of wages.
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There seem to be vaulations of around £7-8K being touted as reasonable.
On the assumption that that's reasonable, rent it out instead. 20% of turnover and put into the contract that the renter repaces any lost work. That way you'll get £5,800 every year until you die rather than a one-off fee of £8K.
Vin
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In central Scotland, (Lanark, Carluke ect, where you work) Your best bet may be the sell by installment method.
In effect, you own all the work until the rent to buy guy has paid the agreed price in full and within a certain timescale.
Get it all in writing, signed and dated by both parties. If it all goes diddies up, you still own the work, and it would be a good idea to keep the "SB" name as far as the customer is concerned until the takeover is complete in full as well.
It's hard to sell in this climate, you have to think outside the box at times.
If you find it difficult to sell, I possibly may have an interest. What is your thought's on this idea
My thought is sell cash up front only as your only asking for problems with instalments. It's your business and you don't want to be taking someone to a small claims court months down the line when poop hits the fan.
The difficulty with selling is the people who waste your time with calls and texts and emails saying I can't see how my rental plan doesn't work.
If you can't find a buyer with 7 or 8 grand then sell it in two or three lots so your getting the best deal for yourself.