[TomCrowther]

I know this will get a variety of answers, but if I was to sell my round with an average income of just over £3k per month, what multiple is realistic?
All wfp, well priced but fairly spread out. Payment by cash/cheque/dd no collecting done.
Cheers, tom

[Erithwc]

It must be worth £12000 to £15000

[colin purewater]

It must be worth £12000 to £15000

^^^^ i think this is what id what tom^^^^^^^

[SHINING EXAMPLE]

If it takes a full month to gross £3000, then value is £6000 tops. If, however, it took say 3 weeks to earn the £3000, then yes, maybe £10,000-£12,000 is appropriate. If one guy can earn the £3000 in 2 weeks the asking price would be even higher.
...You see the point? The AMOUNT of work is almost irrelevant. QUALITY determines the price.

[D woods]

Good post, there is a world of difference between good quality work and dross....

[g.brookes]

give us an average hourly earning, and how many hours a month is needed.  thats probably the best information

[Scott Dean]

If it takes a full month to gross £3000, then value is £6000 tops. If, however, it took say 3 weeks to earn the £3000, then yes, maybe £10,000-£12,000 is appropriate. If one guy can earn the £3000 in 2 weeks the asking price would be even higher.
...You see the point? The AMOUNT of work is almost irrelevant. QUALITY determines the price.

totally agree with this, to me it depends on age of the work locality and pricing...

[PURER CLEAN]

at the end of the day you could have the best work/round going. but it can all fall apart if the custys dont like the new windy. sad but true 

[sean84]

I know this will get a variety of answers, but if I was to sell my round with an average income of just over £3k per month, what multiple is realistic?
All wfp, well priced but fairly spread out. Payment by cash/cheque/dd no collecting done.
Cheers, tom

What area and how established is your round?

[Sean Dyer]

I have a similar size round that i do over 4 relatively okay weeks 3-4 days

i could do it in 3 weeks if i pushed but i set it up to give flexibilty


Id want 12k minimum for it, if i wasnt pushed for time selling id hold out for around 15k

probably get this easier by splitting it up and charging 6 x for each £500 or similar

You selling up Tom ? Might be interested in any work round south manchester

[richard jagger]

I read these valuation threads from time to time: I think it would help if comm work was segregated from domestic work.Shop fronts could be quoted with domestic work. The price must qualify by an average price on all domestic work.how many customer to produce this money and in what time.Also the miles travelled to produce this income and the nature of the work.WfP OR TRAD. This should be repeated over a 3 month period to see the regularity. Also how long after the glass is cleaned will the income be in the bank for that month. t might sound involved but if you want a good income from a sale all this information is relevant. All these factors should be considered when it come to price not just the crazy thumb sucking  pricing we hear about.

[Sean Dyer]

Yeh but thats all down to an individuals efficiency , the person who takes over could improve or even degrade the quality of the round

A round is just a list of custys that are a certain price , certain frequency

The payment etc is all down to individual some like cheque some collect etc

Also mileage to do the work is irrevelant unless you both live in the same house???

You're right about domestic commercial seperation and average price though ie how many jobs for round value, most look at this before buying though

Ive bought a round with £900 every 3 weeks for 3500 but with an average of £7

whereas ive bought £750 with an average of nearly £20 for the same amount

Its supply and demand

But i wouldnt let my round go for 2x monthly like someone on here said , id want above 6 probably more like ten

[richard jagger]

As you know a fool and his money are easily parted.AS far as mileage goes some guy who started 10 ago the chances are its compact work.But if he started in the last few years he could spend 500 quid to produce £3000 this should impact on the price.I sold business some time ago in my working life and had to do many valuations and to look after my clients I would take a look at all these factors. I do understand if it does not make sense as I was trained for that job.I am not saying we all need to do it ,what  am saying is it factors to consider.Try  to borrow money on the strength of a list of customer and see what the bank says.

[Sean Dyer]

Very true

I have been stung buying work out of eagerness for the easy income

But later regretted it

Now i am extremely careful not to be lumbered with someone elses crap

[andrew tapsell]

in this day and age a business with a turn over of 3000 per month is worth more than what some have said on here imo..... i reckon 18 k is the minimum

[GDwindowcleaning]

Its certainly worth more than 2 cleans even if it is a bit spread out, I know its all well priced and the hourly rate is ok....

[SHINING EXAMPLE]

To be honest, as soon as I had posted I felt my figure of £6,000 WAS a trifle harsh... My purpose was to highlight the principle.

[supernova77]

If I was to sell up I would want 50% of of my yearly turnover for it...

Andy

[Helen]

If I was to sell up I would want 50% of of my yearly turnover for it...

Andy

Try just a little bit more

[supernova77]

Try just a little bit more Grin

Ok, 52% then