Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: jay moley on March 24, 2023, 03:08:52 pm
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My yearly turnover is £80,000.
All work in Surrey area and compact.
What could I expect to sell it at?
Thanks
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£1,000,000 or there abouts +VAT
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what's your profit gross and net P/A?
Darran
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£1,000,000 or there abouts
😂😂😂😂
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Remain onboard for 12 months so you can still show your face and deal with certain customers etc,it will be more saleable and you’ll get more for it.
As far as how much you don’t need 5 days a week to achieve that figure so again that will make it worth more,remaining in the picture will ensure more confidence when someone buys it.
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Tricky one. The type of business that might buy it would be vat registered and I’m guessing you aren’t? That immediately reduces the amount of annual profit in it, without large price increases.
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It would be worth swallowing the vat for the first year if someone’s buying it with multiple vans spread over the business it’s peanuts,little more than 300 odd in vat a week.
Soon gain that and more back with a couple of small increments across the board.
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Effectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.
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Effectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.
Really? thats 6 to 9 times the monthly value, i thought the general consensus was that you could get anything upto a max of 4 times the monthly turnover. Delighted if im wrong. Nine months is a long time to work without seeing any profit from your purchase.
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The general consensus and the general thing is there’s a huge amount of window cleaners out and about with crap work,believe or not some run it as a business albeit smaller than a lot but then again some prefer it that way.
The number 80,000 doesn’t tell the story at all how long does it take to clean 1500-2000 a week,it might take you 8 hours 5 days a week it may be more appealing if you could fly through it in 18 hours. Is that 80k of easy to complete work.
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80k of work and u sell it for 40k ……. Must be mad if u consider that, don’t listen to Nigel I cant even make sense of what he’s saying.
But …. If that’s what ur think then surely u can get 2 lads to work it for u at a cost of 40k or less and take nearly the 40k home urself
After a few years let the lads buy it off u an pay u off on the monthly that way u still have an income and get more around the 100k over a few years
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Don’t listen to me m8 I’ve a round full of crap 6-7 quid houses listening to someone that talks as much crap as me,don’t get caught in the trap some others have you might learn something 😉.
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Effectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.
Really? thats 6 to 9 times the monthly value, i thought the general consensus was that you could get anything upto a max of 4 times the monthly turnover. Delighted if im wrong. Nine months is a long time to work without seeing any profit from your purchase.
I did say if it’s decent work and it returns a good hourly rate. I also took into account he’s based in Surrey. I would think decent work in that area would be worth a lot more than 4 times the monthly turnover?
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80k of work and u sell it for 40k ……. Must be mad if u consider that, don’t listen to Nigel I cant even make sense of what he’s saying.
But …. If that’s what ur think then surely u can get 2 lads to work it for u at a cost of 40k or less and take nearly the 40k home urself
After a few years let the lads buy it off u an pay u off on the monthly that way u still have an income and get more around the 100k over a few years
And they all lived happily ever after lol I had 2 months within the last 6 with wages and van bills that equated to 10k,the till needs to be constantly ringing even with 1-2 employees.
If you pay them 500 I’d want them to be returning 2000 full time employee all the benefits that come with it etc.
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Effectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.
Really? thats 6 to 9 times the monthly value, i thought the general consensus was that you could get anything upto a max of 4 times the monthly turnover. Delighted if im wrong. Nine months is a long time to work without seeing any profit from your purchase.
I did say if it’s decent work and it returns a good hourly rate. I also took into account he’s based in Surrey. I would think decent work in that area would be worth a lot more than 4 times the monthly turnover?
Yeah, i bet area does make a big difference. I think one of the local lads round here who buys rounds pays alot nearer 1x than 4x let alone 9x. At the end of the day, if theres not a queue of people willing to buy it then you can only get what you can get.
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My yearly turnover is £80,000.
All work in Surrey area and compact.
What could I expect to sell it at?
Thanks
You ll probably have to split it into 2 rounds....there's no way you ll sell it as one round
You ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.
People just don't pay £30k for one round
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My yearly turnover is £80,000.
All work in Surrey area and compact.
What could I expect to sell it at?
Thanks
You ll probably have to split it into 2 rounds....there's no way you ll sell it as one round
You ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.
People just don't pay £30k for one round
Why don’t they pay 30k conversation with the proprietor work with me for 3 months so I can get my money back,the thing that will make you laugh Daz is that the answer would be yeah ok lol.
If I sold what I do for 30k I’d feel like I’d been raped.
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My yearly turnover is £80,000.
All work in Surrey area and compact.
What could I expect to sell it at?
Thanks
You ll probably have to split it into 2 rounds....there's no way you ll sell it as one round
You ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.
People just don't pay £30k for one round
Why don’t they pay 30k conversation with the proprietor work with me for 3 months so I can get my money back,the thing that will make you laugh Daz is that the answer would be yeah ok lol.
If I sold what I do for 30k I’d feel like I’d been raped.
You inherited most of your round from your dad and picked the rest up without trying and it cost you nothing.....
What makes you think someone will pay you over £30k for yours?
It's only worth what someone is prepared to pay for it....
Most window cleaners don't sell their rounds and end up just losing it all when they retire...
After all its only a "goodwill" mickey mouse business anyway
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Where you got it from and how much you paid for it doesn't determine what something is worth.
What was Mickey Mouse worth before Walt Dis'nae bred him?
I bet it was Minniescule in comparison.
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My yearly turnover is £80,000.
All work in Surrey area and compact.
What could I expect to sell it at?
Thanks
You ll probably have to split it into 2 rounds....there's no way you ll sell it as one round
You ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.
People just don't pay £30k for one round
Why don’t they pay 30k conversation with the proprietor work with me for 3 months so I can get my money back,the thing that will make you laugh Daz is that the answer would be yeah ok lol.
If I sold what I do for 30k I’d feel like I’d been raped.
You inherited most of your round from your dad and picked the rest up without trying and it cost you nothing.....
What makes you think someone will pay you over £30k for yours?
It's only worth what someone is prepared to pay for it....
Most window cleaners don't sell their rounds and end up just losing it all when they retire...
After all its only a "goodwill" mickey mouse business anyway
Absolute crap Daz my Dad stopped working with me in 1996 lol I have about 15-20 jobs from back then m8 😂.
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There are so many factors that would influence the price that are not supplied.
- What are your overheads?
- Do you have employees?
- Is it domestic or commercial? (And if it’s a bit of both, what is the split?)
- Are you a limited company or sole trader?
- How do customers pay? (Cash? Bank transfer? GoCardless?)
- How many man-hours does it take to complete the work each month?
Without that info, it’s impossible to say.
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what's your profit gross and net P/A?
Darran
Just checked.
Last years turnover was £71,040.
Gross profit: £52,428
Net: £37, 264.
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what's your profit gross and net P/A?
Darran
Just checked.
Last years turnover was £71,040.
Gross profit: £52,428
Net: £37, 264.
Blimey...my net profit is not much less than yours(around 36k) working 20-25 hours on my own(turnover around £50k)
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what's your profit gross and net P/A?
Darran
Just checked.
Last years turnover was £71,040.
Gross profit: £52,428
Net: £37, 264.
Blimey...my net profit is not much less than yours(around 36k) working 20-25 hours on my own(turnover around £50k)
Biggest costs are employee's salary and water as I can't make my own. Work 4 days a week. Only have 6 weeks of 4 days a week tho. Loads of room for more work as we always finish early. Try to do canvassing everyday but generally 6 hours worked a day.
I know my figures aren't the best but I learnt a long time ago to not compare myself to others on here. I'm doing my best and would be doing a lot better if I worked on my own but I just can't work on my own. Terrible for my bipolar.
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what's your profit gross and net P/A?
Darran
Just checked.
Last years turnover was £71,040.
Gross profit: £52,428
Net: £37, 264.
Blimey...my net profit is not much less than yours(around 36k) working 20-25 hours on my own(turnover around £50k)
Biggest costs are employee's salary and water as I can't make my own. Work 4 days a week. Only have 6 weeks of 4 days a week tho. Loads of room for more work as we always finish early. Try to do canvassing everyday but generally 6 hours a day. I just can't work on my own. Terrible for my bipolar.
I probably work harder than you during my day as I've not got an employee...
I'm the opposite...I'd hate to work with someone else!😄