Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: trippyboy on December 30, 2015, 10:49:46 pm

Title: whats it worth?
Post by: trippyboy on December 30, 2015, 10:49:46 pm
4 grands worth of work per month (before add ons)
Lets say you divide the hours worked on the tools per month by the earnings as an example of £££ per hour and it comes in at £50 per hour per one operator
What would a business like this sale for?
Title: Re: whats it worth?
Post by: Rich Wilts on December 30, 2015, 10:53:48 pm
Depends what the market is like and who's in the market. I know someone who used to come on here who sold their £4K a month for £40,000.

Mostly I think it goes for somewhere around the 4 x monthly income.
Title: Re: whats it worth?
Post by: NWH on December 31, 2015, 06:55:45 pm
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.
Title: Re: whats it worth?
Post by: KS Cleaning on December 31, 2015, 07:17:06 pm
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.
You wouldn't get full money back in 6 months if you had to employ to get the work done, you would also have a percentage of cancellations as some people don't like change.
Title: Re: whats it worth?
Post by: kempy on December 31, 2015, 07:19:38 pm
£50 per hour
Massive earnings
Awesome buy
Title: Re: whats it worth?
Post by: Plankton on December 31, 2015, 09:17:15 pm
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.
You wouldn't get full money back in 6 months if you had to employ to get the work done, you would also have a percentage of cancellations as some people don't like change.
The work I sold off in sections was 4.5-5.5 times the single clean. I wouldn't pay 10 times the monthly value. Customers see a new face and it's easier for them to cancel as there is no loyalty etc with the new face. They also have to try the "I've already paid the other guy" story.
Title: Re: whats it worth?
Post by: AuRavelling79 on December 31, 2015, 11:20:47 pm
It's worth putting an employee on it; managing it and taking 15K clear per year.
Title: Re: whats it worth?
Post by: Frankybadboy on January 01, 2016, 06:50:52 pm
so what trippy is saying is

he got 4k worth of work  for sale  or he wants to just know how much its worth cause he like s money ;D ;D ;D ;D
Title: Re: whats it worth?
Post by: Richard Stevenson on January 02, 2016, 04:42:42 pm
Is it domestic or industrial,  the latter will fetch a better price.
Title: Re: whats it worth?
Post by: ChumBucket on January 02, 2016, 05:51:26 pm
Is it domestic or industrial,  the latter will fetch a better price.

I very much doubt that unless there are "proper" contracts in place. I think domestic would be the better, more reliable/stable punt.
Title: Re: whats it worth?
Post by: Susan Dean (1stclean) on January 02, 2016, 06:11:23 pm
3/4 times is about the avridge here what we have paid in the past

1000 every 4w 1200pounds
500   every 4w 480 pounds
1900 every 4w 5000 pounds
1700 every4w (all commcail) 6000 pounds
300 every 4w 200 pounds it was trad stuff

looking at a 6000 every 4w I will be offering 20k for it next month
Title: Re: whats it worth?
Post by: Dave Willis on January 04, 2016, 04:39:56 pm
136,800 a year turnover. Nice. ...........That's more than Dazmond.
Title: Re: whats it worth?
Post by: Smurf on January 04, 2016, 06:58:41 pm
136,800 a year turnover. Nice. ...........That's more than Dazmond.

How did you work that out dave?
Title: Re: whats it worth?
Post by: KS Cleaning on January 04, 2016, 07:26:31 pm
136,800 a year turnover. Nice. ...........That's more than Dazmond.

How did you work that out dave?
Yes, he has counted it as 12 cleans instead of 13, but I'm sure he is factoring in holidays and weather :P
Title: Re: whats it worth?
Post by: Jamie Thomas on January 04, 2016, 07:36:14 pm
64,800 that's 12 cleans a year and not including the other 6000
Title: Re: whats it worth?
Post by: KS Cleaning on January 04, 2016, 07:54:53 pm
64,800 that's 12 cleans a year and not including the other 6000
4 weekly is potentially 13 cleans per year, the total turnover would be £148,200
Title: Re: whats it worth?
Post by: Dave Willis on January 04, 2016, 09:04:12 pm
Abacus
Title: Re: whats it worth?
Post by: 8weekly on January 05, 2016, 06:23:08 am
Can no one multiply? £4,000 x 12 = £48,000.
Title: Re: whats it worth?
Post by: dazmond on January 05, 2016, 06:56:41 am
Can no one multiply? £4,000 x 12 = £48,000.

then take 6 grand off at least for holidays/downtime/sick days etc.12 grand at least for expenses/tax/NI.leaves you with around £30k profit.
Title: Re: whats it worth?
Post by: KS Cleaning on January 05, 2016, 09:35:06 am
Can no one multiply? £4,000 x 12 = £48,000.
The figures were in reply to Susans post, not the OP.
Title: Re: whats it worth?
Post by: Susan Dean (1stclean) on January 05, 2016, 11:19:05 am
these are the buy prices we paid not the end result

you need to take off 3% for drop outs
then 7 % for then binned stuff

when buying small window cleaners work we have found they put up with a lot more chew off there custmers because they need the work hence why then bin rate is so high