Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Platinum NW on June 01, 2009, 08:01:06 am
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Window cleaning rounds for sale in St Helens.Covers surrounding areas such as Widnes and Newton with expansion plans with maps for Warrington.Establish for 6 years in prime location with good customers. 7 fortnightly rounds and 4 monthly rounds.
Takes around 4 days to complete with WFP adaption ready if needed as all customers welcome the change
Turnover = £36000 - £39000 per annum
Net Profit between £34000 - £36000
Ask for further details-Rounds now being sold individually
Prices of the rounds range from £400-£5500
Asking price for complete round - £28000
Please leave an email and contact information and i will get back to you as soon as possible:
dmj.guest@hotmail.co.uk
Due to good customer relations buyer must show the same commitment and enthusiasm as ourselves
Best Regards
Daniel Guest
Owner
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Good luck with selling your round.
I see you are asking for approx ten cleans. Is three not about the usual acceptable rate for well established work?
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Thank you - Regards to price it is approx. ten cleans im asking however i believe that it is worth every penny. The round has been run and set up in the most professional manner and is very profitable.
I have been approach a number of times for sale and on one occassion was offered over £35000 but refused as i was building this business and not looking to sell.
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Thank you - Regards to price it is approx. ten cleans im asking however i believe that it is worth every penny. The round has been run and set up in the most professional manner and is very profitable.
I have been approach a number of times for sale and on one occassion was offered over £35000 but refused as i was building this business and not looking to sell.
you should of took it and setup another with the cash. ;) good luck 8)
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Window cleaning rounds for sale in St Helens.Covers surrounding areas such as Widnes and Newton with expansion plans with maps for Warrington.Establish for 6 years in prime location with good customers. 7 fortnightly rounds and 4 monthly rounds.
Takes around 4 days to complete with WFP adaption ready if needed as all customers welcome the change
Turnover = £36000 - £39000 per annum
Net Profit between £34000 - £36000
Ask for further details-will Divide round up or sell as one package
Asking price-£30000
Platinumcontracts@yahoo.co.uk
Wow 10 times the monthly clean ur very optimistic, sorry more like insane
There aint no way you gonna get 30grand for that. Answer me this...what are u actually selling?
J demarco
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Just out of interest, I was under the impression a round sold for about 4 months turnover. Seems a bit pricey but makes me think about selling 1 of mine at that price.
Good luck with it anyway
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If you were to puchace a business you would expect to pay the value of more than 1 years profit plus any stock or assets.
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only thing that is for sale is good will. no domestic good will is worth 10cleans/30k
its worth about half that tops.
but really its worth what someone is willing to pay
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only thing that is for sale is good will. no domestic good will is worth 10cleans/30k
its worth about half that tops.
but really its worth what someone is willing to pay
They may well be on contracts.
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only thing that is for sale is good will. no domestic good will is worth 10cleans/30k
its worth about half that tops.
but really its worth what someone is willing to pay
They may well be on contracts.
I doubt it if its residential, which i think it is, i saw this round on window cleaning resources the other day
Its worth what someone will pay in the end, however if its bringing in 3500 a month? i presume?
Then usually its ten times the fortnightly value and 5 times the monthly in my area - manchester - which makes his round a little pricy, yet if it is a good round then someone with the money may well buy , but there will be few around, and finding them is the problem.
I would split into 1000 pound or 500 pound sections and flog at 5x monthly and 10 x fortnightly
ghood luck
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whats this good will most business are good will, if you buy a barbers are they guarenteed customers??
or a cafe do they sign a contract to say they will only eat here??
or a engineering company???
some amy have contracts but if you dont do the job properly they will have clauses to get out so all businesses are the same.
to many people under value there BUSINESS im not talking a round im talking a BUSINESS mind.
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only thing that is for sale is good will. no domestic good will is worth 10cleans/30k
its worth about half that tops.
but really its worth what someone is willing to pay
They may well be on contracts.
I doubt it if its residential, which i think it is, i saw this round on window cleaning resources the other day
Its worth what someone will pay in the end, however if its bringing in 3500 a month? i presume?
Then usually its ten times the fortnightly value and 5 times the monthly in my area - manchester - which makes his round a little pricy, yet if it is a good round then someone with the money may well buy , but there will be few around, and finding them is the problem.
I would split into 1000 pound or 500 pound sections and flog at 5x monthly and 10 x fortnightly
ghood luck
good idea not many will have £30000 to spend
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only thing that is for sale is good will. no domestic good will is worth 10cleans/30k
its worth about half that tops.
but really its worth what someone is willing to pay
They may well be on contracts.
I doubt it if its residential, which i think it is, i saw this round on window cleaning resources the other day
Its worth what someone will pay in the end, however if its bringing in 3500 a month? i presume?
Then usually its ten times the fortnightly value and 5 times the monthly in my area - manchester - which makes his round a little pricy, yet if it is a good round then someone with the money may well buy , but there will be few around, and finding them is the problem.
I would split into 1000 pound or 500 pound sections and flog at 5x monthly and 10 x fortnightly
ghood luck
good idea not many will have £30000 to spend
Speak for yourself stan ;D
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Thankyou for your input however overpriced some of you think it is i have found genuine interest in the round which may be subject to finance.
With regards to the price i agree with sunshine cleaning that you do pay more than one years profits on a business. With this in mind i think some people lose their business brains when they see rounds selling for lets say £4000 - £12000 but they dont ask why. Maybe its in a bad area or it isnt regularly cleaned or collected with bad debts or maybe the seller is on the dole and is cashing in on what they can before the winter comes.
This is not the case here-ANYONE who calls themselves a businessman and cant see that a business turning over £3000 per month with an asking price 10x that much repays their initial stake and returns a profit within the year should think again about their career.
There is even more potential for this business to grow and i include canvassing advice and maps of local estates which two of them are 300 houses plus which i cant do because of my schedule
Best Regards
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I forgot to add that all my customers are prepared for WFP changover if required.I was buying one myself till last month when i made the decision to sell. However they understand the benifits and health and safety reasons why it would be cleaned with a WFP. They also know there own benifits such as longer lasting cleans and frames and conservatory roofs being cleaned with windows over conservatories that would otherwise be out of reach are accessable
This allows for the buyer to choose their own method of clean weather it be traditional or WFP
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I wish you all the luck. be sure to let us know if you do sell it at that price. It will make me feel good about how much mine is worth ;) ;D
I do think that you are right in buying a business as opposed to a round. i know that i have an extensive paper trail of what mine is earning. so many people think that by selling a scrap book with scribbles in is a business ::)
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I would be very interested in the round if its still available- I will send you an email with my details so you can contact me so i can veiw the areas
if the round is as good as you say i would need to apply for the finance.
I think i could make you an offer in the ragion your looking for but we will have to discuss the matter further
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I disagree with steve cm because the round is what you make it-if the work is there paperwork doesnt really matter because your buying the work not the business-you are not taking on any debts but your own
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Kw, funny how you joined the forum only 2 hours ago and only reply to this post - You wouldn't be a ringer would you? ;)
If this is a Window Cleaning Business it may be worth 10 x monthly value, but to be a saleable business it must have all the necessary paper work i.e audited accounts, be well established, well priced and compact.
Without this it is just a Window Cleaning Rounds worth 3/4 x monthly value.
Platinum Contracts of St Helens rings a bell, it wouldn't be the same round Craig Wright was trying to sell on here about 12 months ago at 4 x monthly value??
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no-i bought some work from him but my company is platinum contracts north west. i used part of the name so it was familiar to the customers
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i also bought craid wrights commercial and its the best decision i made iv picked up nearly £600 for the same company with the possibility of 3 more sites valued at £800.
i paid around 5 x and now i feel this was a bargain. at the time i felt it was a bit steep.
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I disagree with steve cm because the round is what you make it-if the work is there paperwork doesnt really matter because your buying the work not the business-you are not taking on any debts but your own
its all about the history! no history then your easily ripped off arn't you? ::)
if you have a decent paper trail, you can work out what overheads etc you need. we all keep our overheads high to stop the tax man taking to much. You just need to see wether it makes money?! ;)
also if you want to go to your bank for decent funding to buy a business then they will probably ask to see its accounts.
would you buy a car with no history or paperwork? i wouldn't your to easily mugged off. same rules apply here
I've bought work i've taken a punt at as it was cheap to buy but if your talking a proper business with proper accounts then your gonna get more arn't you? I would buy out a competitor for a decent amount in my area if i could see they have a proper business.
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steve cm-what i ment was that if the work is there its there.you own a business then you create the overheads
Thats what work is-for example say you got a commercial contract thats worth £200 thats what its worth-the costings would be on your behalf like buying a round its up to you to keep the overheads down
When you buy a business then you buy everything i.e overheads and debts
thats the point i was making
I understand history is everything when buying a business but when its work like this its always best to pick customers at random and see what they have to say-take the seller with you then they can introduce you. i always take accounts into consideration but its the customers that matter you cant see what they are like on paper so you meet them
I have a chat -tell them what id like to do with the round like pricing and any ideas i think will improve the round then get feedback so i know what the customers need and want
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All compact residential work with a decent hourly or day turnover should be worth more than the x3 or x4 monthly valuations...anyone considering selling work should up the stakes to a minimum of x6 and I,m 100% sure you will get takers in the present climate and help set a new standard of valuations for rounds. ;)
PS one of our contributors from the Burnley area says residential rounds over there are valued at X10 the monthly valuation which to me sounds just about right :)
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steve cm-what i ment was that if the work is there its there.you own a business then you create the overheads
Thats what work is-for example say you got a commercial contract thats worth £200 thats what its worth-the costings would be on your behalf like buying a round its up to you to keep the overheads down
When you buy a business then you buy everything i.e overheads and debts
thats the point i was making
I understand history is everything when buying a business but when its work like this its always best to pick customers at random and see what they have to say-take the seller with you then they can introduce you. i always take accounts into consideration but its the customers that matter you cant see what they are like on paper so you meet them
I have a chat -tell them what id like to do with the round like pricing and any ideas i think will improve the round then get feedback so i know what the customers need and want
asking a few customers doesn't give you turnover/payment history ::) you make the final details on how you can fit it into your business with the costings, you would only need to see what it generates and how long it would take to complete. Why would you take on debt???? you would be buying the business based on its turnover and not its debt, if you did then thats just plain stupid or am i missing summat? i also didn't mean to buy a business from just its accounts ;D ;D of course you would want to meet the customers but if its got no records then you will have more chance of falling flat on your face!
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All compact residential work with a decent hourly or day turnover should be worth more than the x3 or x4 monthly valuations...anyone considering selling work should up the stakes to a minimum of x6 and I,m 100% sure you will get takers in the present climate and help set a new standard of valuations for rounds. ;)
PS one of our contributors from the Burnley area says residential rounds over there are valued at X10 the monthly valuation which to me sounds just about right :)
Thanks for the encouragment and your right i hope that it stops window cleaners under valuing their round-
So far i have had a lot of interest with a few offering for the full work for the full amount but this is subject to inspection and finance but things are looking good
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I may well have been interested but not at 10x round value ::)
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There is no such thing as Good will in business, your customers may like you and the way you operate but that doesn't mean they are going to extend the same feelings to the person who takes over from you.
If a rounds have guaranteed contracts then you may have a point.
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The local butcher only has the goodwill of his customers, but if he shows that he turns a profit of £3000 per month he will be in a position to sell as a "going concern". Why is that different for window cleaning?
He is less guaranteed a sale. An established Window cleaning company has proven long term customers who repeat purchase every month for several years.
Be warned though, your profit is the money you have left over after all your expenses including whatever you pay the person actually doing the cleaning, labour charge. For most that will include yourself.
So if turn over is £3000 per month, and expenses are £500 + £2000 for your own wages your profit is £500 per month.
I think an essay on what profit is will be appearing soon.
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if you have any commercial work in your rounds i mite buy it off you if the price is right you can mail me on info@baxey.co.uk
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if you have any commercial work in your rounds i mite buy it off you if the price is right you can mail me on info@baxey.co.uk
Sorry mate no commercial work- there are a few shops and an office but they are not worth buying alone
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As i said yesturday i have now got interest off two parties regarding buying at full price
If there is anyone who is thinking of making a serious offer email me asap as the round is getting closer to sale
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Something I found on the internet:
Type of Business
"Rule of Thumb" Valuation
Accounting Firms
100% - 125% of annual revenues
Auto Dealers
2-3 years net income + tangible assets
Book Stores
15% of annual sales + inventory
Coffee Shops
40% - 45% of annual sales + inventory
Courier Services
70% of annual sales
Day Care Centres
2-3 times annual cash flow
Dental Practices
60% - 70% of annual revenues
Dry Cleaners
70% - 100% of annual sales
Employment & Personnel Agencies
50% - 100% of annual revenues
Engineering practices
40% of annual revenues
Florists
34% of annual sales + inventory
Food/Gourmet Shops
20% of annual sales + inventory
Furniture & Appliance Stores
15% - 25% of annual sales + inventory
Gas Stations
15% - 25% of annual sales + equip/inventory
Gift & Card Shops
32% - 40% of annual sales + inventory
Grocery Stores
11% - 18% of annual sales + inventory
Insurance Agencies
100% - 125% of annual commissions
Janitorial & Landscape Contractors
40% - 50% of annual sales
Law Practices
40% - 100% of annual fees
Liquor Stores
25% of annual sales + inventory
Property Management Companies
50% - 100% of annual revenues
Restaurants (non-franchised)
30% - 45% of annual sales
Sporting Goods Stores
30% of annual sales + inventory
Taverns
55% of annual sales
Travel Agencies
40% - 60% of annual commissions
Veterinary Practices
60% - 125% of annual revenues
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Makes me look like a bargain
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Due to a number of interested parties asking me to sell rounds individually due to banks not providing the funding i have now divided the rounds up
The prices are as follows:
Monthly Turnover - Asking Price
£42 - £400
£84 - £750
£114 - £1000
£150 - £1500 - Lots of Potential on a large estate
£203 - £2000
£260 - £2500
£328 - £3250
£329 - £3250
£418 - £4000
£436 - £4250
£566 - £5500
*Also note asking price reduced
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it would seem still to be a little steep when I was offered a similar type of round in a different area for between 4 and 7 times value and i thought that a littel dear
hence i will be building a virgin round
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i have bought about 5 rounds over my years and 3 of them were based on 10 times the fortnightly clean and one of them being in burnley. the other 2 were about 5 times the fortnightly clean and this was because the sellers diddnt have a clue too the value... One thing for sure is i would never pay more than 10 times the fortnightly clean... NOT A CHANCE.. work is far too easy to pick up without paying if you set your mind to it, wish i would of realised this 9 years ago...
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I contacted the guy who is selling this round for a huge 10 times and his average priced house in St. Helens is £2.00 yes thats right £2.00. I would have to say it is not worth it.
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I contacted the guy who is selling this round for a huge 10 times and his average priced house in St. Helens is £2.00 yes thats right £2.00. I would have to say it is not worth it.
£2.00 is a joke!!
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i know imagine how many houses he would have to do. He said its worth £750 a week and takes a full 5 days to earn the money!!! I now i can earn on my round minimum of £200 a day.
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so how are all these 2 quids collected? would be a logistical nightmare wouldn't it?
i leave sae and get charged 30p per cheque when it goes into my bank. if i had to pay that on a 2 quid house i might as well join the dole que ::) i must admit platinum you were painting a rosey picture for a while but at an average price of 2 nicker you would be lucky to give that work away ::)
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Due to a number of interested parties asking me to sell rounds individually due to banks not providing the funding i have now divided the rounds up
The prices are as follows:
Monthly Turnover - Asking Price
£42 - £400
£84 - £750
£114 - £1000
£150 - £1500 - Lots of Potential on a large estate
£203 - £2000
£260 - £2500
£328 - £3250
£329 - £3250
£418 - £4000
£436 - £4250
£566 - £5500
*Also note asking price reduced
which estate? I support the vikings would pay me to take the van down and do the round before the match
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LMAO
As for £2 per house.....lol Nice one mark
All these comments make me laugh-Great Stuff
Its true one of my estates is £2 a front terraced so what my big earners are priced at £8-£12
As for the price list thats wrong thats my fault which i will correct
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Here is the new price list which is around 7x the monthly turnover
Monthly Turnover - Asking Price
£566.00 - £4000
£443.50 - £3250
£463.00 - £3200
£436.50 - £3000
£418.00 - £3000
£328.00 - £2500
£150.00 - £1000
£126.00 - £850
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I see reality on pricing is slowly seeping through platinums posts though his prices are still at the very top end price wise at best ;D
As some one who has like all of you run business if you have 9 potiential buyers who want to see the round why keep dropping the price..... come you cant kid a kidder ... you are dropping your prices faster than a double glazing system ...
when you decide you are ready to sell contact me and we might discuss a deal :-\
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No Thanks John im taking a deposit on most of the work tomorrow but thanks anyway.there wont be much left but if your interested in 7x the cleans you will have to get in line
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No Thanks John im taking a deposit on most of the work tomorrow but thanks anyway.there wont be much left but if your interested in 7x the cleans you will have to get in line
they say its grim up north and even the top end being 8-12 quid i can see why ;D
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No Thanks John im taking a deposit on most of the work tomorrow but thanks anyway.there wont be much left but if your interested in 7x the cleans you will have to get in line
they say its grim up north and even the top end being 8-12 quid i can see why ;D
:o :o :o Not where i live!
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ill buy rounds. all of your rounds..looking at expanding quick. 1.5 monthly value.
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no probs. I have 4000 houses at 75p a clean 8)
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sounds good.ill have to bump them up sooner or later to make money on them.where are you based cm
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albania! fancy relocating 8)
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albania .... prices so good over there make a cracking living at 75p a house ....no spots ever ...no glass in the windows ;D
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All the work nearly gone
Taken two further deposits last night
Just waiting to tie things up then il be gone
Thanks for your time and input guys and best of luck with your business`
If anyone is ever selling there rounds please dont under estimate the value of the business you have
Just remember that any other business the turns over so much money is worth one and a half years worth of turnover
I sold my rounds eventually at 7x the monthly turnover but i could have held out for £30,000. I had interest but in the bad financial times the banks woulnt fund the money so i had to reduce to get a quick sale
Best of luck everyone