[trike]

i have the chance to buy a window cleaning round it takes 1500 a month,the guy wants 4x this amount is this about right its all compact.

[davids3511]

It depends on the hourly rate. If it is compact and reasonably priced then it would be worth it.

It is alot of mney to part with though so make sure you think about paying in instalments and insist on an introduction to each customer.

[trike]

theres about 150 houses in total

[Dean Taberner]

That makes them all around a tenner each then,

Great for collecting if thats the way you do it,

It sounds good to me.

Be aware of possible fraudster sellers though mate.

Dean

[jimbo31]

or a fiver each if there fort nightly, mate

[Dean Taberner]

Or £2.50 if theyre weekly

[Pureandclean]

No sensible window cleaner would introduce you to all the customers until after you have paid the full amount.

I would suggest asking to help him for a day to see the quality of the work, and if it is ok then ask if you can pay half up front, work with him for a month so that you can do all the work with him.
Have an agreement written down and signed by both of you.
A letter signed by him introducing you to all the customers and explaining the transfer.
and then pay the other half.
Then you receive all the round details and any equipment included in the deal.

Also make sure that he will pass on any further customers to you, that might be rsponding to his telephine number.

I have done this in the past a number of times, when selling window cleaning rounds, and this has allayed any concerns the prospective buyer has had.

[cherubs cleaning]

yes it sounds about right 

dont give him any money
  until u have worked the round

and feel comfortable whith the set up



jerry

[trike]

hes going to drive me around tomorow,will take 2k now then 150 aweek till paid

[NWH]

I would look at the work sheets and just do a random knock at each ends of the round,if there`s 150 houses i would knock say 10 and see what the general feeling is.

[cherubs cleaning]

NWH


no knock at all of them



jerry

[jaykie]

If its 150 jobs all compact i too would knock on all the doors too.

[trike]

i may ask just to do it all first befor handing any money over,and collect with him ,then ill have chance to see custies,when doing work and colecting

[foxy]

£6,000 is a lot of money. all you are getting for your money is goodwill. there are no binding contracts. see as many of the customers as is reasonable. use your loaf before handing over a load of dough. pay by cheque so you can write the cost of the round off against tax. if it looks too good to be true it probably is. up north we pay 10 x the weekly amount or 12 x if it is commercial. i have bought rounds before and had no grief but in a game like window cleaning there is scope for dodgyness. please don't give a bloke you have never seen before £2,000 cash; saying that i hope it works out for you

[Nick Vassilev]

Buying a business is not tax deductable.
Would have been nice though 

[trike]

done all my new work,well pleased,took quicker then i exspected,

[ronnie paton]

iv been told you can offset the business bought for tax purposes, i f you cant no wonder people dont declare all there income, i mean if you pay say £8k for work your telling me your just supposed to write that off???

[ronnie paton]

what if you never sell?? i bet if you sell for more than you bought you will get taxed on the profits though

[ronnie paton]

iv just found this and this says you are allowed to offset the good will of buying a business
http://www.windowcleaningresources.co.uk/html/tax_and_employment.html

there normally quite good with there info

[trevor povey]

£6,000 is a lot of money. all you are getting for your money is goodwill. there are no binding contracts. see as many of the customers as is reasonable. use your loaf before handing over a load of dough. pay by cheque so you can write the cost of the round off against tax. if it looks too good to be true it probably is. up north we pay 10 x the weekly amount or 12 x if it is commercial. i have bought rounds before and had no grief but in a game like window cleaning there is scope for dodgyness. please don't give a bloke you have never seen before £2,000 cash; saying that i hope it works out for you

X 10 the weekly turrover ...we get x3/x4 monthly amount  Leeds/Wakefield area.