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WGB

  • Posts: 314
local windy just rang me up
« on: May 06, 2014, 10:22:30 pm »
..and offered to sell his round. Says he has about 300 custys with most on 4-5 week cycle which brings him in between £2500- £2800 roughly each month. He's selling for 5grand. Has been established for 17 years, reason why he's giving up is because he has bad back which I know is true. I know he is legit because know people on his round and is well known. My only worry is his work might be a bit lower priced than mine. Would you buy at this price?? Has offered to go round with me and pay in instalments too.
Advice anyone??

Wayne

Scrimble

  • Posts: 2053
Re: local windy just rang me up
« Reply #1 on: May 06, 2014, 10:26:30 pm »
buy the round and employ, take the leap of faith

p1w1

  • Posts: 3873
Re: local windy just rang me up
« Reply #2 on: May 06, 2014, 10:29:50 pm »
If that was offered to me I would take it even if was slightly underpriced

Mick Kent

  • Posts: 1380
Re: local windy just rang me up
« Reply #3 on: May 06, 2014, 10:33:24 pm »
Without a 2nd though for that price id have it

SB Cleaning

  • Posts: 4337
Re: local windy just rang me up
« Reply #4 on: May 06, 2014, 10:34:48 pm »
Yes definitely ;)

WGB

  • Posts: 314
Re: local windy just rang me up
« Reply #5 on: May 06, 2014, 10:39:51 pm »
And says he's 60%wfp 40%trad, I'm about 95% wfp so would be wanting them all that way so may lose a few..

MWC

  • Posts: 491
Re: local windy just rang me up
« Reply #6 on: May 06, 2014, 10:41:04 pm »
Get it bought! Where abouts is the work?

Re: local windy just rang me up
« Reply #7 on: May 06, 2014, 10:43:46 pm »
trad or wfp ? and how long does it take to do ? but at the price of being cleaned twice sounds a great deal to me.  ;)

PoleKing

  • Posts: 8974
Re: local windy just rang me up
« Reply #8 on: May 06, 2014, 11:09:37 pm »
buy the round and employ, take the leap of faith

+1
www.LanesWindowCleaning.com

It's just the internet. Try not to worry.

8weekly

Re: local windy just rang me up
« Reply #9 on: May 07, 2014, 02:49:07 am »
Around £8.50 a house? I wouldn't. If you employed and paid £10 an hour that's £1,600 a month. If you add the overheads, holiday pay etc I reckon it's got to be over £2,000 a month. Obviously you could pay less wages, put the prices up etc., but your margins on those figures would rule it out for me in the south.

johnny bravo

  • Posts: 2728
Re: local windy just rang me up
« Reply #10 on: May 07, 2014, 12:33:54 pm »
employ a young lad who will apreciate the cash,    they will be happy with £5+, to begin with,     after training give him a rise.     loyal employee,    p/t basis.  the round will pay that extra to pay him

SeanK

Re: local windy just rang me up
« Reply #11 on: May 07, 2014, 12:54:07 pm »
And says he's 60%wfp 40%trad, I'm about 95% wfp so would be wanting them all that way so may lose a few..



I would be looking to know why 40% of the work is not wfp as I have no interest in working from a ladder.
Also check out how long the round has been converted from trad to wfp.
There's a development near me about 3 to 400 properties that don't take well to the pole. I used to clean about
40 of them but replaced them all with properties elsewhere as they were a nightmare to get right.
They have been the downfall of many a new start wfp'er.
If 40% of the properties are like this you could be buying a headache.
 

Small but perfectley formed

  • Posts: 1749
Re: local windy just rang me up
« Reply #12 on: May 07, 2014, 01:38:40 pm »
snatch his hand off , sell the trad work and get 3 or 4 x value back  :o
Spit and polish

KS Cleaning

  • Posts: 4128
Re: local windy just rang me up
« Reply #13 on: May 07, 2014, 04:03:16 pm »
And says he's 60%wfp 40%trad, I'm about 95% wfp so would be wanting them all that way so may lose a few..



I would be looking to know why 40% of the work is not wfp as I have no interest in working from a ladder.
Also check out how long the round has been converted from trad to wfp.
There's a development near me about 3 to 400 properties that don't take well to the pole. I used to clean about
40 of them but replaced them all with properties elsewhere as they were a nightmare to get right.
They have been the downfall of many a new start wfp'er.
If 40% of the properties are like this you could be buying a headache.
 
He may pole the tops and trad the bottoms at the mo??

KS Cleaning

  • Posts: 4128
Re: local windy just rang me up
« Reply #14 on: May 07, 2014, 04:53:27 pm »
Around £8.50 a house? I wouldn't. If you employed and paid £10 an hour that's £1,600 a month. If you add the overheads, holiday pay etc I reckon it's got to be over £2,000 a month. Obviously you could pay less wages, put the prices up etc., but your margins on those figures would rule it out for me in the south.
But if you are paying out £10 an hour on wages and you have enough work to give an employee 35-40 hours per week they should be bringing in over £4000 a month. If this work brings in £2500-£2800 per month it will be around 100 hours work per month for 1 man, give or take. The £8.50 average per house means nothing, it's the average hourly rate that matters.

AuRavelling79

  • Posts: 26915
Re: local windy just rang me up
« Reply #15 on: May 07, 2014, 06:30:41 pm »
I reckon you could make that work.
It's a game of three halves!

edward1

  • Posts: 423
Re: local windy just rang me up
« Reply #16 on: May 07, 2014, 06:52:47 pm »
 c if he will sell u half of it .
sounds a good deal tho .
very tempted.

robertphil

  • Posts: 1511
Re: local windy just rang me up
« Reply #17 on: May 07, 2014, 06:53:38 pm »
youre going to have to employ.   because theres a lot of work there whoever you employ is going to have to learn fast or you will lose the bulk of that work due to poor quality work.
  i personally would try and poach a skilled worker off another firm , to get it off to a good start

ben M

  • Posts: 4720
Re: local windy just rang me up
« Reply #18 on: May 07, 2014, 07:36:18 pm »
Around £8.50 a house? I wouldn't. If you employed and paid £10 an hour that's £1,600 a month. If you add the overheads, holiday pay etc I reckon it's got to be over £2,000 a month. Obviously you could pay less wages, put the prices up etc., but your margins on those figures would rule it out for me in the south.
+1

ants

  • Posts: 344
Re: local windy just rang me up
« Reply #19 on: May 07, 2014, 10:39:54 pm »
Priced at less than x2, established and you can pay in installments,its heaven sent mate.