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NWH

  • Posts: 16952
£20,000 for a round of shops.
« on: May 17, 2007, 10:22:56 pm »
I`ve just got off the phone to a bloke that`s selling just that,he tells me that it generates £24,000 a year and only takes him about 3 hours per day 6 days a week.I know it`s good work but i find this type of work often flits from wc to wc usually when a new manager is put in and is not garenteed.What`s everyone think of the price.

SherwoodCleaningSe

  • Posts: 2368
Re: £20,000 for a round of shops.
« Reply #1 on: May 17, 2007, 10:31:51 pm »
Sounds like he's selling for 10 times the monthly earnings.  And when you brake it down it only £25/hr and thats for 6 days a week commitment as well.  The thought of working most of a year before you can break even is ridiculous.  That's what I think.

Bed now full day tomorrow.

Simon.

tacky

  • Posts: 1575
Re: £20,000 for a round of shops.
« Reply #2 on: May 17, 2007, 10:58:58 pm »
if this work was gareteed it could be a good investment esp if u have young sons or come to that daughters to take it over .  just go into ur local corner shop n u will see what the crack is .if u got the cash . be quick . cos this .work is hard to pick up .once gone .its gone    all the best   tacky

Alex Wingrove

  • Posts: 1435
Re: £20,000 for a round of shops.
« Reply #3 on: May 17, 2007, 11:17:43 pm »
what is his name nwh, and where is it?

is it brian wright

oh i have a question about them flats you have in eg, still want to sell them,can i have your number again please

petski2

  • Posts: 652
Re: £20,000 for a round of shops.
« Reply #4 on: May 17, 2007, 11:40:06 pm »
Jees is it me or are all these posts in broken English ::) ::) ::)

Moderator David@stives

  • Posts: 8829
Re: £20,000 for a round of shops.
« Reply #5 on: May 18, 2007, 09:02:47 am »
If it were in my area i would buy it.

I would analyse the work first i.e just look at 10 totally random shops.

Then I would try to negotiate, maybe shove hard cash under his nose.

Dave

archercleaningserv

  • Posts: 123
Re: £20,000 for a round of shops.
« Reply #6 on: May 18, 2007, 01:24:52 pm »
Hi ,

where abouts is the work & are you taking it ?

If it was me i would take it.

TennetClean

  • Posts: 497
Re: £20,000 for a round of shops.
« Reply #7 on: May 18, 2007, 03:42:08 pm »
I've never done shops, but I hate the thought of them.  6 days a week, what if you're sick or go on holiday or have a one-off job to do out of town, you have to get someone to cover, what a pain!.

£24,000 a year for 3 hours a day works out at only about £26 an hour, not terrible but not great either.  My houses pay more than that without the inconvenience of being tied down to a job every day including saturday.  Cant imagine anything worse, but if you dont mind it then thats ok

Mike

My friends call me Tuppence Clean

Tosh

Re: £20,000 for a round of shops.
« Reply #8 on: May 18, 2007, 04:11:18 pm »
20K for 24K's worth of work PER ANNUM.

No way.  I'd pay no more than 6K; tops.

If you've got a spare 20K, stick it down as a deposit on a flat or a house and let it out!

NWH

  • Posts: 16952
Re: £20,000 for a round of shops.
« Reply #9 on: May 18, 2007, 04:55:58 pm »
After speaking to him last night i wasn`t interested,after he told me the income i took the conversation no further.It took him a while to get to the amount that it was worth i thought he was going to say it generated between 50-60k a year he must be charging a couple of quid a shop,i had in mind to put someone on the job 3-4 days a week but for 20k he`s asking to much don`t you think.

Re: £20,000 for a round of shops.
« Reply #10 on: May 18, 2007, 05:15:20 pm »
You could buy 10k of domestic for that (20k) , put a couple of guys  on it at say 70% make 3K a month

Moderator David@stives

  • Posts: 8829
Re: £20,000 for a round of shops.
« Reply #11 on: May 18, 2007, 05:26:45 pm »
NWH

What area was it ?

NWH

  • Posts: 16952
Re: £20,000 for a round of shops.
« Reply #12 on: May 18, 2007, 06:02:24 pm »
Hastings.

sair

  • Posts: 682
Re: £20,000 for a round of shops.
« Reply #13 on: May 18, 2007, 07:12:43 pm »
its not worth more than 3500.00 thats 7 times weekly earnings generated , there s are no guarantee there. will always be some mug who would pay but i ve cleaned shops for more than 15 years there not worth it. they are  disloyal 
Essentially Pure Ltd

Ian_Giles

  • Posts: 2997
Re: £20,000 for a round of shops.
« Reply #14 on: May 18, 2007, 07:35:12 pm »
It does sound pretty expensive, but there are more to shops than meet the eye.

You can be out very early in the morning, spend three hours doing shops then by 10.30am you can move on to your domestic work.

24k per year for 3 hours work a day is bloody good money, their ain't many out there earning that doing domestics all day long.

Who is to say you can't change the work around?

Who is to say you have to work 3 hours on a saturday?

I've no doubt that whoever has that work could easily cram more of it into a single day if they wanted too, and I'll bet there are only one or two shops (if any at all in fact) that HAVE to be done on a Saturday.

Shops are guaranteed work, come rain or shine.

And most are very loyal to their window cleaner too, you get a natural ebb and flow, you lose a couple here, you pick up a couple there.

I've still got some of my original shops from 23 years ago, hows that for loyalty?

AS David says, check it out more carefully, this kind of work, particularly if it is of long standing is way more valuable than domestic work, it's bloody hard to get even a tiny foothold with shops and other commercial work unless you buy in.

It might be expensive, but if I had the wonga I'd pay that for it.

After I had looked at it very carefully that is....

A big investment, so it needs looking at in very geat detail.

Ian
Ian. ISM CLEANING SERVICES

NWH

  • Posts: 16952
Re: £20,000 for a round of shops.
« Reply #15 on: May 18, 2007, 07:45:20 pm »
Hi ian,your customers are loyal to you like his are to him,but who`s to say that they would be loyal to me?.After a few months 50% of them might fancy a change round,like tony said shops in general are disloyal don`t you think.

Tosh

Re: £20,000 for a round of shops.
« Reply #16 on: May 18, 2007, 07:51:00 pm »
For 24K's worth of work per annum for 20K, it's going to take about 10 months of work before you make a profit.

No way.


matt

Re: £20,000 for a round of shops.
« Reply #17 on: May 18, 2007, 07:53:51 pm »
For 24K's worth of work per annum for 20K, it's going to take about 10 months of work before you make a profit.

No way.



too pricey for me aswell

20 K is a lot of money and you will not see anything back for allmost 1 year


NWH

  • Posts: 16952
Re: £20,000 for a round of shops.
« Reply #18 on: May 18, 2007, 07:55:24 pm »
Exactly,after working that round for a year only then are you into profit.I think the blokes in love with it because he`s done it for 25yrs,but that dosen`t make it worth 20k.And also it`s only 3hrs work 2-3 days a week the rest of the week it`s about 5.5hrs work.

Moderator David@stives

  • Posts: 8829
Re: £20,000 for a round of shops.
« Reply #19 on: May 18, 2007, 09:23:01 pm »
To me it would be worth its weight in gold