Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: R W C on September 04, 2009, 09:03:27 pm
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Posted on 03/09/09
Location: London
Type: Residential and Commercial
Monthly Avg Value : £12,000+
Established For: 4 years
Comments: Full window cleaning business for sale including a well established round worth over £170,000 per year. All work is in the most afluent parts of London with even a few celebrity clients on our books. Included in the sale are a professionally optimised website that currently has a first page search results on Google and Microsoft search engines for many searches including “window cleaners in London” and most of the popular search phrases are first and second result listings on the first page of Google and other search engines! Website alone brings in minimum 60 new clients a month with a growth profit per month of over £6000. Can provide (if wanted) a promotional vehicle with the company details and fantastic art work if required. The Company can be run with two staff members if preferred and will achieve a profit for the owner of over £7000 per month with out lifting a finger. Or can be run by yourself (if you don’t mind getting your hands dirty) with one other employee and profits much higher. Be warned! The phone rings with new clients looking for quotes every day 7 days a week person buying will need to have system in place to answer calls. Reason for sale: Company formed with the sole aim of selling it
Asking Price : £250,000
Contact Details : James - 07974 774231 - [Send Email]
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wow is that hafe & harf ,
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At the risk of repeating myself, people with businesses turning over those sorts of figures ARE SELLING A BUSINESS not a few streets worth of stuff that the current owner can't be bothered with anymore.
It's a business. Look up other types of businesses for sale and see how much they sell for compared to turnover.
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At the risk of repeating myself, people with businesses turning over those sorts of figures ARE SELLING A BUSINESS not a few streets worth of stuff that the current owner can't be bothered with anymore.
It's a business. Look up other types of businesses for sale and see how much thney sell for compared to turnover.
no one disputing that, just asking who can afford it, personally i wouldnt pay for someting that will take 2 years to pay off, is this All Clean Services Limited, he a member on here.
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i would buy it out of last weeks earnings. but i don't fancy the drive from cornwall each day ;D ;D ;D
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hi tony where abouts in cornwall are you?
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i would buy it out of last weeks earnings. but i don't fancy the drive from cornwall each day ;D ;D ;D
if you can afford to buy it you can afford to move ;D
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At the risk of repeating myself, people with businesses turning over those sorts of figures ARE SELLING A BUSINESS not a few streets worth of stuff that the current owner can't be bothered with anymore.
It's a business. Look up other types of businesses for sale and see how much they sell for compared to turnover.
precisley what i was saying a month or so ago - Any other business ie chip shop you are still buying goodwill and pay upwards of 1.5x yearly turnover
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I think theres a difference in buying a chip shop to a window cleaning business.
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hi tony where abouts in cornwall are you?
i'm in tywardreath{par area} where is you to?
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i would buy it out of last weeks earnings. but i don't fancy the drive from cornwall each day ;D ;D ;D
if you can afford to buy it you can afford to move ;D
won't move because i'm too stuborn and anyway i prefer to work somthing i've built, it's not all about money. :) :D ;D
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hi tony where abouts in cornwall are you?
i'm in tywardreath{par area} where is you to?
oh near to me then, im in wadebridge! :)
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st teath ( wadebridge /camelford )
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it must be hard collecting the money on that round !
im in cornwall tooo
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please tell me what you think the differnece between buting a chip shop business and window cleaning business is i would be really interested!!
now if this business can show good growth ie 4 years from zero turnover too 170k and has audited accounts is staff run then why would you not if you had the money???
the loan would be paid by the business whilst still making a profit, it may take years to pay off the laon but you still have the business growing and you are still making profit.
the remarks on here show the busines man from the window cleaners!!
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My thoughts ronnie are that to make a wc biz worth money, you have to brand it, and then sell the brand, not the round as such.
just my thoughts.
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please tell me what you think the differnece between buting a chip shop business and window cleaning business is i would be really interested!!
now if this business can show good growth ie 4 years from zero turnover too 170k and has audited accounts is staff run then why would you not if you had the money???
the loan would be paid by the business whilst still making a profit, it may take years to pay off the laon but you still have the business growing and you are still making profit.
the remarks on here show the busines man from the window cleaners!!
so because i dont agree means im not a businessman, I find that affensive just because I dont agree, if you buy a shop, restaurant etc etc as soon as you open the doors people come through, when buying any cleaning business you will have to inform your custys of change leaving open for cancelation etc, I just dont think a cleaning business can be valued the same but i do believe its worth more then 3 times.
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please tell me what you think the differnece between buting a chip shop business and window cleaning business is i would be really interested!!
now if this business can show good growth ie 4 years from zero turnover too 170k and has audited accounts is staff run then why would you not if you had the money???
the loan would be paid by the business whilst still making a profit, it may take years to pay off the laon but you still have the business growing and you are still making profit.
the remarks on here show the busines man from the window cleaners!!
keeping the money bits out of it for a moment, i think the main differance is with a chippy you are dependant on your location as you have a fixed position, so if the buisness goes down the tubes your screwed. but with a wc round you can chase the work to any location an any time. so giving you more of a chance long term off success
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My thoughts ronnie are that to make a wc biz worth money, you have to brand it, and then sell the brand, not the round as such.
just my thoughts.
Agree 100%, if you where to buy say initial then yes its worth buying but if you where to just buy there work then its not worth the same kind of money and its not a business your buying.
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the remarks on here show the busines man from the window cleaners!!
You said it.....I just couldn't possibly comment ;D
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and im sure that with an average growth of £4k a month there must be some kind of branding or just very very good marketing, my point being and i dont mind saying it only a fool would sell what they have worked hard to make for peanuts.
i run a business not just any one could do what iv done
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if you buy a shop, restaurant etc etc as soon as you open the doors people come through,
How can you be sure of that?????
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chippy, laundrette, paper shop, cafe , printers all sell GOOD WILL in there business the difference with window cleaning is we have regular (monthly) custom we can work out estimate turnover amd profits ect all the others could change from month to month.
now i accept customers will cancel but any one who cleans windows nows that its a weird thing that one will cancel and youll gain two the same day.
with any business bought if you provide a quality services the same or better than provided b4 you will more than likely expand on what you have bought justlike lets say a chippy.......if some one new takes over you give them a chance if its crap then you go else were!!!!!!!!!
Jaykie it wasnt aimed at you....but you obviously felt a connection.
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£250k . for a turnover of 170k ??? Suppose its the asking price but, it would be a good earner if you could get it off him for nearer 100k. otherwise in my opinion and its only my opinion, it would be more wise to use the money to set your own up, he's done it so why couldn't you,
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well if just any one can do it why have we all not got turnovers in the same region with a simalar growth?
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Not what i meant, if you have a hge pot of cash to invest , i think it would be more cost effective to do it yourself, you have to remember this person has huge drive and ambition which you will have to carry on from to keep the pot bubbling along and if you have then there is no reason not to do it yourself.
thats all im trying to point out, so no not everyone can do it and it you cant then buying this would or could end up being a nightmare
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If you ask me thats a proper business you could buy that business and start cleaning from day one without telling the cusotmers? the reason why is because the customers know its a business also, some accounts i turn up to and they think am just an employee. And thats how the business is run not as a round.
Secondly its not a round your buying its all the equipment vans jobs etc the name of the company with the reputation it has. I would rarther buy that business than a chip shop etc as has allready been said your not gauranteed the customers walking through the door every day or month, ok you may lose some jobs but not alot which would easlily be replaced.
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Not what i meant, if you have a hge pot of cash to invest , i think it would be more cost effective to do it yourself, you have to remember this person has huge drive and ambition which you will have to carry on from to keep the pot bubbling along and if you have then there is no reason not to do it yourself.
thats all im trying to point out, so no not everyone can do it and it you cant then buying this would or could end up being a nightmare
Why not buy something thats doing it already though and a, buy out a competitor b, get foot in the door, c, you can still add to that existing brand, its a ready made business with obviously good staff etc, you can have all kinds of issues trying to grow, wrong staff , bad pricing etc... This is a business on a plate that he said makes 7000 a month without working other than some admin - If i had the money or the capacity for some kind of capital to buy id be at it like a shot !!
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I question those figures, for a start 2 men doing 170k worth of work per year is 85k per man if and i mean IF they were working 50 weeks per year thay would be turning over £1700 per week which equated to £340 per day EVERYDAY. Secondly i cant recall the amount of enquiries he had i think it was 60 per week ..... 60 and 6k of new work generated each month ....... sounds a bit far fetched to me , as someone mentioned he is SELLING a business so there has to be a little or a lot of over inflated figures here.
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i think you may find by two men he means two men running it ie doing schedule and admin ll though i could be wrong!
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sounds like a bargain to me , if i had the money i,d love to invest it in a superb business like that , and to the disbelievers remember that he is working in london where you can charge proper money for your services , i,m in kent and 2 of us did £1400.00 in 3 days this week working 9 to 4 30 , so with better prices his figures are definetely attainable , certainly gives me something to work towards regards alan
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Im moving haha
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The business obviously has records and bookkeeping, so for someone to afford it they should be able to get a business loan if they can convince the bank/investor that they are proficient enough to keep the business running as it has been.
BUT, if I was someone that already had the funds sitting in the bank, I'd think it would be a better option to take advantage of those available funds and build a business from scratch. It'd cost less than £250k.
The seller has added at the end that the business was built purely as a means to sell to make money, it's probably not cost a huge amount of money, more cost in actual time spent marketing, so that's why IF you had the money ready, build rather than buy.
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If I lived in or around London or had any interest in doing so I wouldn't think twice about speaking to him, my accountant and my bank manager about this business although I would like it for nearer £200k
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st teath ( wadebridge /camelford )
i lived near camelford, valley truckle, for a year! what a place cornwall is by the way! (not in a good way!) :-\
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concept, hi
i have been down cornwall nearly 9 years . i love it down here, cant imagine milton keynes being better ;D ;D
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I would be interested to know how he passes the V A T. onto the domestic customers.
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If its built to sell i bet theres loads of chaf work,
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i pass the vat on , no problenms at all
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i pass the vat on , no problenms at all
when you met the crossroads and went vat registered, did you add vat to your existing customers prices, and how did they take it? I can see it not being a problem for new custies .
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At the risk of repeating myself, people with businesses turning over those sorts of figures ARE SELLING A BUSINESS not a few streets worth of stuff that the current owner can't be bothered with anymore.
It's a business. Look up other types of businesses for sale and see how much thney sell for compared to turnover.
no one disputing that, just asking who can afford it, personally i wouldnt pay for someting that will take 2 years to pay off, is this All Clean Services Limited, he a member on here.
wouldn't think its All Clean Sevices. £170k is about 5% of their turnover.
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ill eliminate regency too aswell then from list of who it could be ;D.
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Hi Guys
I can tell you for sure it is not us (All Clean services)
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Hi Guys
I can tell you for sure it is not us (All Clean services)
I see you not long ago when I took daughter too Evelina Childrens Hoospital
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Not me it would have been my brother.
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i pass the vat on , no problenms at all
when you met the crossroads and went vat registered, did you add vat to your existing customers prices, and how did they take it? I can see it not being a problem for new custies .
I added it on to most, it is surprising how far you cn push your prices when youre not bothered about losing any.
Most of my customers just wished me all the best on growing my business.
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£170 k thats just one job for all clean !!!
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Have contacted the guy selling this work and had no further information that I asked for so he can't be that bothered about selling it.
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st teath ( wadebridge /camelford )
i lived near camelford, valley truckle, for a year! what a place cornwall is by the way! (not in a good way!) :-\
wow, our paths could have crossed, i lived in camelford mysef too, 10 years ago. Ive been here 17 years now. ;D
Yeah I know what you mean about Cornwall, might be a nice pretty place, but jobs are scarce, pay is rubbish and highest water rates in the country.....so what dyou mean not in a good way then??? ;D ;D
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st teath ( wadebridge /camelford )
i lived near camelford, valley truckle, for a year! what a place cornwall is by the way! (not in a good way!) :-\
wow, our paths could have crossed, i lived in camelford mysef too, 10 years ago. Ive been here 17 years now. ;D
Yeah I know what you mean about Cornwall, might be a nice pretty place, but jobs are scarce, pay is rubbish and highest water rates in the country.....so what dyou mean not in a good way then??? ;D ;D
i moved to valley truckle from edinburgh when i was 13, did a year at st james(?) in camelford, and moved to milton keynes as my dad couldnt get any work down there.
i am now 35, so 22 long years ago!!! :'(
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I think it is important to state that a business can only be called a business if it employs staff or else it a self employment oppertunity.!! Then a business prce will never be based on turnover /gross profit.It has still got expences to take of eg salarys van diesel and all the rest which could bring turnover down a lot still. Then the price will be 2x net profit + stock.This formula was used on most business sale when I worked as a business broker about 6 years back so we all need to be prudent were we invest. Sorry guys if I sound high handed I do not mean to sound that way . Regards Richard