[Spruce]

What happens if and BIG IF he turns out to be a total waste of space.  Then what are you going to do apart from upsetting the whole family?

I'm going to go one step further if you don't mind Smurf? What happens if your daughter and son in law split up in a year or two's time?

I hope it works out for you. Granville seems to have a good'un with Dan the Man. My son isn't much of a help in his business, its left to me. Son in law left us a year ago to become employed. He just couldn't be bothered after window cleaning for 4 years.

Having family work with you is a real challenge sometimes and they do take the Michael as well.

I would think about keeping the round and renting it out to your son in law, so at least you will get a portion of his efforts which will top up your pension. But you need to keep on top of him making sure he is looking after your customers. If he wants to buy your equipment then maybe you could work out a finance plan for that.

[Mick Kent]

This forum is known for negatives!

Im sure if you work at it whatever way you decide then it should work out for you, if it does fail you will always be able to sell it in smaller chunks if not in 1 go. Id do the same as you know and pass it down to a family member who can pay you a persentage ofer a few years untill its payed off! Failing that keep it as  you recieve £250  for every £1000 cleaned as lets face it what you will be giving to your son is pre tax 52k a year, the ultimate gift so im sure if you and him have words beforehand and arrange something he wil be really grateful of you for thinking of him and doing it that way. only an idiot would mess it up and im guessing the fact you want to pass to him means he is no idiot.
Best of luck. And if all fails dont forget Vinny 

[Smurf]

To some that might like to share so say "negatives" are from actual life experiences so gives a balanced view.  But I suppose that don't count for nowt as just keeping positive everything will work out just fine in the world.

What works for some may not work out for others whichever way you go about it.

[johnny bravo]

is your son in law working at the moment,
  does he want to be a window cleaner  for a lot of years to come,    this is a great opportunity for him to be a self made man if he likes it,
he has to like the this work though.
Id train him up to see if he can stick it out.     When he is capable to go out on his own this is the only way to see if he wants it, its not for everyone, but you have very good money coming in,   Surelly you dont work on your own taking £1000 a week in.wHAT I WOULD GIVE TO HAVE THIS COMING IN WEEKLY.
Winter is a testing time , see how he gets on this winter then go from there.

He can always sell it in 5 years time if it dosent suit him, all your hard work gone.
But if you are there to help him he will be OK.  wE ALL NEED A BIT OF SUPPORT  sometimes.
Train him up to take it over,  Move to Spain and enjoy yourself, Sunshine and sunloungers around the pool.
We at home always watch Place in the Sun,   My mrs dreams of a villa in Spain,  they are as little as £45,000

[andrewlefkas]

Wish I was your son in law     Looking at the offer from your son in laws perspective I d think that was a very generous offer indeed , almost too good to be true and I'd bite your hand off  if it was put in front of me .
From your perspective allowing son in law to enter the business with no financial input runs the risk of him not appreciating all the hard work you have put in over the years to get your business where it is  and not being as committed to making the business work . You don't say what son in law does now but presumably you wouldn't be thinking about this unless you thought he was up to the challenge .
  Did you mean you had 3 years to go if your finishing at 66 ? If that was the case I'd employ him first as others have said to see how he handles the work and gradually give him more responsibility for running things your way and operating in all weathers and at least demonstrating his suitability to eventually take over . Five years is a long time to keep up paying you a big sum every month and being family is fraught with difficulties should something happen that prevents him from continuing to pay you and could easily result in bad feeling all round . My gut feeling not knowing anyone involved is although a very generous offer Id not go down that route and find another way .
  I don't clean windows any more but I can already tell my fitness is taking a hit ! Being sat about somewhere warm sipping beer s for months on end soon looses the appeal when its full time attractive as though it sounds , You have worked hard and given yourself choices , good luck with your decision  .