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supernova77

  • Posts: 3547
What do you think this business would be worth..?
« on: February 23, 2013, 01:51:20 pm »
Hi All,

What do you think this window cleaning business would be worth:

Customers: 276
Average Job Price: £31.63
Annual Turnover Worth: £48,969
Cleaning Frequency: Mostly every 8 weeks, but some 4, 12 and 16 weekly as well.
Established: 7 years

Thanks,
Andy  :)

roundbuilder

Re: What do you think this business would be worth..?
« Reply #1 on: February 23, 2013, 02:07:24 pm »
15-20k at a guess. Depends how tough it is to get work in your area.

deeege

  • Posts: 5116
Re: What do you think this business would be worth..?
« Reply #2 on: February 23, 2013, 02:11:07 pm »
Impossible to say.

Number of employees? (if any)
Average man hours worked per week?

Also 2 big un-contracted jobs could make up the bulk of the work which would make the rest of the work worthless were he to lose the large jobs.

Impossible to put any kind of value on it with such little information IMO.

"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

richywilts

  • Posts: 4262
Re: What do you think this business would be worth..?
« Reply #3 on: February 23, 2013, 02:19:57 pm »
not a bad income for doing 35 jobs a week if u went off 8 weekly for all 276 customers
Richard Wiltshire
Window Clean Direct

richardwiltshire36@yahoo.co.uk
www.windowcleandirect.co.uk
07894821844

Perfect Windows

  • Posts: 4334
Re: What do you think this business would be worth..?
« Reply #4 on: February 23, 2013, 02:25:23 pm »
Depends if you're selling or buying.

Depends on costs (does it require someone to drive 800 miles a week?)

Depends on whether one man can do it.

And, most of all, more than any other factor, it depends on the circumstances of whomever is buying it or selling it.  If either is desperate, it'll change the price massively.

Vin

supernova77

  • Posts: 3547
Re: What do you think this business would be worth..?
« Reply #5 on: February 23, 2013, 02:38:20 pm »
Thanks for the input so far...

It's basically a sole trader working 4 - 5, 6 hour days a week... All domestic apart from 2 x12 weekly commercials... All WFP.

An average of around 25 miles a day is covered mileage wise.

Andy

Perfect Windows

  • Posts: 4334
Re: What do you think this business would be worth..?
« Reply #6 on: February 23, 2013, 03:05:23 pm »
The thing is, Andy, that, as I said, the state of the seller is probably the most important factor.

If Big Vern is after him for a £4,000 debt that must be paid by Wednesday week or he gets his kneecaps removed, it might be worth £5,000

If he doesn't really care whether he sells it or not, he might get £75,000

Vin


deeege

  • Posts: 5116
Re: What do you think this business would be worth..?
« Reply #7 on: February 23, 2013, 03:14:53 pm »
Thanks for the input so far...

It's basically a sole trader working 4 - 5, 6 hour days a week... All domestic apart from 2 x12 weekly commercials... All WFP.

An average of around 25 miles a day is covered mileage wise.

Andy

Certainly sounds like a very good small business.
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

Small but perfectley formed

  • Posts: 1749
Re: What do you think this business would be worth..?
« Reply #8 on: February 23, 2013, 05:56:14 pm »
You would want £20 k easily
Spit and polish

Richard60

  • Posts: 701
Re: What do you think this business would be worth..?
« Reply #9 on: February 23, 2013, 07:29:21 pm »
yes £20.000 +.easy .

wayne m

  • Posts: 344
Re: What do you think this business would be worth..?
« Reply #10 on: February 24, 2013, 08:36:44 am »
You selling andy? Where you based ?