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trippyboy

  • Posts: 747
whats it worth?
« on: December 30, 2015, 10:49:46 pm »
4 grands worth of work per month (before add ons)
Lets say you divide the hours worked on the tools per month by the earnings as an example of £££ per hour and it comes in at £50 per hour per one operator
What would a business like this sale for?

Rich Wilts

Re: whats it worth?
« Reply #1 on: December 30, 2015, 10:53:48 pm »
Depends what the market is like and who's in the market. I know someone who used to come on here who sold their £4K a month for £40,000.

Mostly I think it goes for somewhere around the 4 x monthly income.

NWH

  • Posts: 16952
Re: whats it worth?
« Reply #2 on: December 31, 2015, 06:55:45 pm »
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.

KS Cleaning

  • Posts: 4118
Re: whats it worth?
« Reply #3 on: December 31, 2015, 07:17:06 pm »
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.
You wouldn't get full money back in 6 months if you had to employ to get the work done, you would also have a percentage of cancellations as some people don't like change.

kempy

  • Posts: 1442
Re: whats it worth?
« Reply #4 on: December 31, 2015, 07:19:38 pm »
£50 per hour
Massive earnings
Awesome buy

Plankton

  • Posts: 2441
Re: whats it worth?
« Reply #5 on: December 31, 2015, 09:17:15 pm »
If you have a business that does 4-5k a month easily I can't see it being worth as little as 16-20k,full money back in less than 6 months where else do you get that oppertunity.Id never sell for that kind of money.
You wouldn't get full money back in 6 months if you had to employ to get the work done, you would also have a percentage of cancellations as some people don't like change.
The work I sold off in sections was 4.5-5.5 times the single clean. I wouldn't pay 10 times the monthly value. Customers see a new face and it's easier for them to cancel as there is no loyalty etc with the new face. They also have to try the "I've already paid the other guy" story.

AuRavelling79

  • Posts: 26831
Re: whats it worth?
« Reply #6 on: December 31, 2015, 11:20:47 pm »
It's worth putting an employee on it; managing it and taking 15K clear per year.
It's a game of three halves!

Frankybadboy

  • Posts: 9026
Re: whats it worth?
« Reply #7 on: January 01, 2016, 06:50:52 pm »
so what trippy is saying is

he got 4k worth of work  for sale  or he wants to just know how much its worth cause he like s money ;D ;D ;D ;D

Richard Stevenson

  • Posts: 309
Re: whats it worth?
« Reply #8 on: January 02, 2016, 04:42:42 pm »
Is it domestic or industrial,  the latter will fetch a better price.

ChumBucket

Re: whats it worth?
« Reply #9 on: January 02, 2016, 05:51:26 pm »
Is it domestic or industrial,  the latter will fetch a better price.

I very much doubt that unless there are "proper" contracts in place. I think domestic would be the better, more reliable/stable punt.

Susan Dean (1stclean)

  • Posts: 2064
Re: whats it worth?
« Reply #10 on: January 02, 2016, 06:11:23 pm »
3/4 times is about the avridge here what we have paid in the past

1000 every 4w 1200pounds
500   every 4w 480 pounds
1900 every 4w 5000 pounds
1700 every4w (all commcail) 6000 pounds
300 every 4w 200 pounds it was trad stuff

looking at a 6000 every 4w I will be offering 20k for it next month

Dave Willis

Re: whats it worth?
« Reply #11 on: January 04, 2016, 04:39:56 pm »
136,800 a year turnover. Nice. ...........That's more than Dazmond.

Smurf

  • Posts: 8538
Re: whats it worth?
« Reply #12 on: January 04, 2016, 06:58:41 pm »
136,800 a year turnover. Nice. ...........That's more than Dazmond.

How did you work that out dave?

KS Cleaning

  • Posts: 4118
Re: whats it worth?
« Reply #13 on: January 04, 2016, 07:26:31 pm »
136,800 a year turnover. Nice. ...........That's more than Dazmond.

How did you work that out dave?
Yes, he has counted it as 12 cleans instead of 13, but I'm sure he is factoring in holidays and weather :P

Jamie Thomas

  • Posts: 180
Re: whats it worth?
« Reply #14 on: January 04, 2016, 07:36:14 pm »
64,800 that's 12 cleans a year and not including the other 6000

KS Cleaning

  • Posts: 4118
Re: whats it worth?
« Reply #15 on: January 04, 2016, 07:54:53 pm »
64,800 that's 12 cleans a year and not including the other 6000
4 weekly is potentially 13 cleans per year, the total turnover would be £148,200

Dave Willis

Re: whats it worth?
« Reply #16 on: January 04, 2016, 09:04:12 pm »
Abacus

8weekly

Re: whats it worth?
« Reply #17 on: January 05, 2016, 06:23:08 am »
Can no one multiply? £4,000 x 12 = £48,000.

dazmond

  • Posts: 24492
Re: whats it worth?
« Reply #18 on: January 05, 2016, 06:56:41 am »
Can no one multiply? £4,000 x 12 = £48,000.

then take 6 grand off at least for holidays/downtime/sick days etc.12 grand at least for expenses/tax/NI.leaves you with around £30k profit.
price higher/work harder!

KS Cleaning

  • Posts: 4118
Re: whats it worth?
« Reply #19 on: January 05, 2016, 09:35:06 am »
Can no one multiply? £4,000 x 12 = £48,000.
The figures were in reply to Susans post, not the OP.