[Jon T.C.]

Hi All,

Is the value of your round for selling purposes :

1) ? x the average monthly turnover

2) ? x the total value of all your jobs including 2 & 3 monthly - if all jobs performed once)

Cheers Jon

[SHINING EXAMPLE]

Hi John, Monthly turnover would be more appropriate. However, I believe that the actual QUALITY of the round should be factored in.
Eg. £1000 of work is desirable if it can be done in a week, but if it takes three weeks it's hardly something worth paying for!

[Jon T.C.]

So the answer to my question is.........

remember, I am only giving you 2 choices

[russ_clark]

If I was selling I would go for min 3 x no. 2 option
That would be my starting point for negotiation
obviously vans eqp would be additions.
If I was buying it would be different story   

[SHINING EXAMPLE]

So the answer to my question is.........

remember, I am only giving you 2 choices

No.1

[Jon T.C.]

Thanks both. Anymore?

[Paul Coleman]

Thanks both. Anymore?

At the moment I would go for option 2 as I do a 6 weekly cycle and don't have a full workload.  The time off that I get would reduce the monthly average mentioned in option 1.  Also some of my little bit of 12 weekly work is very well priced and is worth paying for.

[Dave hook]

Pay for the total monthly turnover. Usually people pay x4 or x5 times what the monthly turnover is. Last round i bought I payed x10 cos of the quality of work, that should be considered as welll

[Biscute]

The way people sell and value their round here is they normaly take the value of a month X it by 3. so if you earn 1000 a month you colud sell it on an average of 3000. But if you have houses all over the places you would go a bit cheaper, or you have a lot of work underpriced with new houses built and other pertential you could get more. hope i helped

[Biscute]

By the way Dave the work you buy must be dam good 10x the value is crazy, thats nearly a whole year of work with out earning a penny. also imo its not worth buying work at x5 the monthly value, at a push i would go to 4 if it was the dog frollics but nay more.

[Dave hook]

Paying x10 is basically down to loads of competition for rounds where I live and the work is done every 2 weeks. I know loads of wc who've paid x10

[Dave hook]

The last round I bought the chap I bought it off had maxed out his credit card in order to buy a new van and he was having trouble repaying it, so I bought some work off him. Nothing like kicking a man when hes down! Least im the only wc on that estate now!

[Paul Coleman]

If I worked hard, I could possibly just about compress my 6 weekly cycle into one calendar month.  Not that I want to sellanyway.  Mayber the lower 20 - 25% could be sold but I'm not sure that anyone would want to buy it.  That bottom quarter of my work threatens to be a drag on my business but there's no point moving on from it until I replace it.