Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: alanwilson on September 03, 2009, 10:31:42 pm

Title: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 03, 2009, 10:31:42 pm
we have a round that may be going up for sale.

The round is approx £2700 per month and takes one man 2.5 to 3 weeks to complete.  Nothing too difficult and approx £1000 of the total is commercial.

Just wanting to know what the round is worth in order to see if its worth selling.

Thanks in advance

Alan

Title: Re: might sell one of our rounds - whats it worth?
Post by: daz1977 on September 03, 2009, 10:36:13 pm
where is the round?
Title: Re: might sell one of our rounds - whats it worth?
Post by: Blue Frog Systems on September 03, 2009, 10:44:14 pm
Peoples views vary from 3 - 5 - 10 times the monthly value. Its only worth what someone is willing to pay though and will depend how old the round is.
Title: Re: might sell one of our rounds - whats it worth?
Post by: Sean Dyer on September 03, 2009, 10:47:49 pm
Only you know the value id of thought, the typical average for work that is say £20 - 25 ph is 5 x monthly, and 10 x fortnightly, but id of thought, if it was good work, long est, good payers, compact?, in an area that will expand, average price ie not £5 each but £30 each all has a huge bearing, like you say some is commercial, id want 10 x monthly easily!! but that is 27000 so will someone pay that only you know

What would you pay for it - honestly? There is your price!

Ps dont take advice on rounds off platinum NW lol
Title: Re: might sell one of our rounds - whats it worth?
Post by: R W C on September 03, 2009, 10:51:41 pm
Only you know the value id of thought, the typical average for work that is say £20 - 25 ph is 5 x monthly, and 10 x fortnightly, but id of thought, if it was good work, long est, good payers, compact?, in an area that will expand, average price ie not £5 each but £30 each all has a huge bearing, like you say some is commercial, id want 10 x monthly easily!! but that is 27000 so will someone pay that only you know

What would you pay for it - honestly? There is your price!

Ps dont take advice on rounds off platinum NW lol
hes PCNW now
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 03, 2009, 11:01:10 pm
thanks guys.

when I say the work takes 2.5 to 3 weeks that is for an employee.  I really don't work my guys hard and in all honesty the work could be done in 2 weeks by one man.  I know, I have done the work myself in 9 days.

The reason I ask is because one of my guys might be retiring with ill-health.  He has been a superb employee for a number of years and I am also thinking of relocating. 

The work is based around Braehead and Glasgow.

I was thinking 5 times the monthly return would be a fair price - £13500, does this sound right?
Title: Re: might sell one of our rounds - whats it worth?
Post by: Gaby P. on September 03, 2009, 11:07:23 pm

Ps dont take advice on rounds off platinum NW lol

 ;D ;D ;D
Title: Re: might sell one of our rounds - whats it worth?
Post by: Chris Cottrell on September 04, 2009, 07:30:53 am
If it takes approx 3 weeks (15 days) thats £180 per day, I would have said thats not that good tbh
I wouldnt want to bo shelling out a large sum of money just to earn that little
Title: Re: might sell one of our rounds - whats it worth?
Post by: jonnyald on September 04, 2009, 08:00:27 am
thanks guys.

when I say the work takes 2.5 to 3 weeks that is for an employee.  I really don't work my guys hard and in all honesty the work could be done in 2 weeks by one man.  I know, I have done the work myself in 9 days.

The reason I ask is because one of my guys might be retiring with ill-health.  He has been a superb employee for a number of years and I am also thinking of relocating. 

The work is based around Braehead and Glasgow.

I was thinking 5 times the monthly return would be a fair price - £13500, does this sound right?
---------------------------------------------------------

               thinking of relocating - to sunnier climes?? 
Title: Re: might sell one of our rounds - whats it worth?
Post by: Gleaming windows on September 04, 2009, 09:04:44 am
If it takes approx 3 weeks (15 days) thats £180 per day, I would have said thats not that good tbh
I wouldnt want to bo shelling out a large sum of money just to earn that little

Im sure you'd find plenty of people out there who'd be perfectly satisfied in paying out shall we say £12,000 to be able to secure the financial stability of their family and the roof over their head and earn £33.000K before tax etc.

Probably lots of redundancy money floating around at the mo.
Title: Re: might sell one of our rounds - whats it worth?
Post by: ronnie paton on September 04, 2009, 11:52:10 am
If it takes approx 3 weeks (15 days) thats £180 per day, I would have said thats not that good tbh
I wouldnt want to bo shelling out a large sum of money just to earn that little

i thimk £180 a day is very reasonable if you have an employee doing that your making say £100 a day for next to nothing........chris your work must be extremly high class work if you feel £180 a day isnt alot
Title: Re: might sell one of our rounds - whats it worth?
Post by: Davie T on September 04, 2009, 12:01:42 pm
Is the work all external ?   If so is it WFP or trad ?
If the majority of the work is internal it does affect the time calculations !

People nowadays are reluctant to buy commercial work due to the risk factor during this recession.
Title: Re: might sell one of our rounds - whats it worth?
Post by: PCNW on September 04, 2009, 01:38:04 pm
 ;D ;D ;D Dont take any advise from me but if i was you id be selling for 8-10x the monthly value but listen to these guys they call themselves experts  ;D ;D ;D
              8) Times Change But People Dont Want To  8)
Title: Re: might sell one of our rounds - whats it worth?
Post by: PCNW on September 04, 2009, 01:42:20 pm
The work is based around Braehead and Glasgow.

I was thinking 5 times the monthly return would be a fair price - £13500, does this sound right?
Quote

Dont undervalue your round because you may feel cheeky asking for more - Dont let anyone tell you what its worth just ask for the price you believe its worth - If its as good as you say £27000 if you want a slightly quicker sale tell them £20000 or settle in the middle at £23500

If they tell you its only worth 4x the cleans they will be the ones interested in buying it but will try and drive the price down ... Be CAREFUL
Title: Re: might sell one of our rounds - whats it worth?
Post by: Neil Williams on September 04, 2009, 09:10:29 pm
£20,000.00p

Same here.
I'm entering the final stages of a deal that will offload £51k per year of work for £30k
This is not just 'getting rid' of a few streets worth of work but a complete business which will keep a single person in work for 12 months of a year, with the potential to be taking on staff straight away if you want.
Title: Re: might sell one of our rounds - whats it worth?
Post by: martinsadie on September 04, 2009, 09:31:11 pm
£20,000.00p

Same here.
I'm entering the final stages of a deal that will offload £51k per year of work for £30k
This is not just 'getting rid' of a few streets worth of work but a complete business which will keep a single person in work for 12 months of a year, with the potential to be taking on staff straight away if you want.
Following my earlier topic.
We've added up all the rounds and the total value of this business is £50,700 per annum.
With as much help as I can possibly give to get someone up and running, the cost will include all equipment needed (except vehicle).
It should hopefully also include supplying another business (not window cleaning) approx 10,000L of pure water over one or two months £50 per 1000L
The cost for this business is now set at  £40,000
so you dropped £10 grand  ;D
Title: Re: might sell one of our rounds - whats it worth?
Post by: Gleaming windows on September 04, 2009, 10:49:36 pm
Neil did you sell all the Oakley stuff?
Title: Re: might sell one of our rounds - whats it worth?
Post by: Neil Williams on September 04, 2009, 10:56:25 pm
Neil did you sell all the Oakley stuff?

It's going in with the overall package.
It might be worth contacting the buyers when it's all sealed and delivered to see if they want to carry on with the Oakley stuff. There's so few left on it now they might consider off loading it.
I'll give you their details when it's all sorted.
Title: Re: might sell one of our rounds - whats it worth?
Post by: Gleaming windows on September 04, 2009, 10:57:19 pm
Yea, cheers mate.

Matt
Title: Re: might sell one of our rounds - whats it worth?
Post by: Dean Taberner on September 05, 2009, 09:09:53 am
If it takes approx 3 weeks (15 days) thats £180 per day, I would have said thats not that good tbh
I wouldnt want to bo shelling out a large sum of money just to earn that little

 :P :P :P :P
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 06, 2009, 04:52:16 pm
thanks again guys.

Chris - this work can be done in all weathers, and averages out at £180 a day for a reasonably leisurely pace. Like I said, I have done the work in 9 days = £300 a day.

Going by what some of the other guys have said, £13500 isn't a lot for this type of work.  However, if I got a serious buyer with cash waiting I think I would consider it.

As for relocating?  Well if you must know my wife really wants to move back over to Northern Ireland.  We have a holiday home on the coast there so may move to it while my son will keep things running over here.  I have no mortgage ion either my home nor the holiday home so if I sold here then I will have a few pounds to keep me going - provided the tax man doesn't come after it all.
Title: Re: might sell one of our rounds - whats it worth?
Post by: borg on September 06, 2009, 04:58:48 pm
where is Braehead
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 06, 2009, 04:59:34 pm
a few miles from Glasgow.
Title: Re: might sell one of our rounds - whats it worth?
Post by: mark dew on September 06, 2009, 05:03:47 pm
Just my 2 penneth.
I think your value might be good as a window cleaning round. But i reckon if you could add a website, maybe a signwritten van and some stationary, you could sell it for much more if you sold it as a business.
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 06, 2009, 05:05:51 pm
we have a website, 2 sign-written vans, stationary etc (its only one of our rounds)

I'm only selling the round, not the business.  If I was going to sell the business I would want about £250,000.
Title: Re: might sell one of our rounds - whats it worth?
Post by: PCNW on September 06, 2009, 07:06:27 pm
have you put it up for sale then and at what price ?
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 08, 2009, 08:12:47 pm
no I haven't put the round up for sale.  I'm still deciding what I should do.

Title: Re: might sell one of our rounds - whats it worth?
Post by: clear-view on September 19, 2009, 01:06:59 pm
hi mate do you still have the round hva you got a contact number.
Title: Re: might sell one of our rounds - whats it worth?
Post by: alanwilson on September 19, 2009, 04:39:13 pm
clear view if I make a decision on the matter I will let you know - right now I have not made a decision.