[cbcs]

How much should a round be sold or bought at?

I thought they were sold 3 x monthly income. Just seen some on ebay for 6 x and 10 x income.

[cbcs]

16 people looked at this topic but no one reply? Whats up with you all?

[elite mike]

they are all at the footy 

[Small but perfectley formed]

commercial work shops can be upto 10x
domestic usually 3x unless very compact and well priced

[Grafters Cleaning Services]

i have brought 2 rounds off 2 different people and on both occasions have paid 2 times the monthly turnover and i would not pay a penny more

[Moderator David@stives]

18 minutes without a reply, goodness gracious.

Now that is bad !!!!!!!

[windowwashers]

How much should a round be sold or bought at?

I thought they were sold 3 x monthly income. Just seen some on ebay for 6 x and 10 x income.

upto 5x on domestics some say 10x on coms, but max I would say is 5x on both unless coms have a 5 year contract.

[paul saunders]

18 minutes without a reply, goodness gracious.

Now that is bad !!!!!!!

Nearly as bad as your maths, I made it 28 minutes and 30 seconds.

[Wayne Thomas]

2 x Max.

[Ian Lancaster]

How long is a piece of string?  A round is worth what the buyer is willing to pay.  In 1997 I sold my (then) business.  It was turning over £1,500/week.

I had two employees, I split the business up into three, so making three ready to run businesses each turning over £500/week.  Each business came with an old but still roadworthy van, and all ladders and necessary trad equipment.

I sold each one for £10,000

Total £30,000.

According to previous posts, it should have been worth about £18,000 max, with maybe a bit more for the vans and equipment.

My employees each bought one of the businesses, and the third was sold through a newspaper advert.

They all thought they'd got a good deal - they went straight out and started earning £500/week from day one.

[NWH]

How long is a piece of string?  A round is worth what the buyer is willing to pay.  In 1997 I sold my (then) business.  It was turning over £1,500/week.

I had two employees, I split the business up into three, so making three ready to run businesses each turning over £500/week.  Each business came with an old but still roadworthy van, and all ladders and necessary trad equipment.

I sold each one for £10,000

Total £30,000.

According to previous posts, it should have been worth about £18,000 max, with maybe a bit more for the vans and equipment.

My employees each bought one of the businesses, and the third was sold through a newspaper advert.

They all thought they'd got a good deal - they went straight out and started earning £500/week from day one.

Exactly and where else can you go and spend 10k and start earning from day 1,well said there`s no way i would sell my business for some of the silly prices quoted on here.

[Wayne Thomas]

As a seller, you can only get what someone is prepared to pay for it.

[NWH]

Quiet right Wayne but what kind of work are we talking about,i`m talking about work that within a short time your going to be breaking even and then into good profit.

[nat]

i think its all relative to what your buying, I have bought a grands worth of worth in the last month, the guy i bought it off was not very professional, neglected his work a little, had no accounts and i only had his word on the work, but it was in a very afluent area, the work isn't as well priced as mine but the prices will be brought in line with mine so how much did i pay? ...£1500 its worth the gamble even if i lost 50% of it after a price increase.

I on the other hand would sell mine as a business if i ever sold and not just work, i can provide healthy accounts and i know that people would want to own it. i think it all comes down to how its run and the paperwork you can provide.

so many wc have tried selling me a book for stupid amounts of money i ain't interested in paying proper money unless i can see its a viable business

[Wayne Thomas]

It doesn't make any difference how good your round is, you can ask more (if the round is compact, good prices, etc), but you can only get what someone is prepared to pay.
Obviously if there are a lot of window cleaners short of work then you stand more chance of getting a good price because of the competition to buy your round.
However, credit crunch, below inflation wage increases, instability in the country as to whether or not this country is heading into recession all has a negative effect on you trying to sell your round because any window cleaner wishing to buy your round would be worried how long it would be before the customer base starts to diminish through no fault of theirs because customers start to tighten their budget purse strings.
In the last 2 months I have lost 30 very regular customers because they are really feeling the pinch because of increasing fuel prices which affects many other things. Luckily I have picked up 16 new ones but I still have 14 more to pick up just to 'stand still'.

[nat]

It doesn't make any difference how good your round is.

urrmmmm....of course it does! i would only pay proper money for a well maintained (i.e a paper trail) business as opposed to just work

[Wayne Thomas]

It doesn't make any difference how good your round is.

urrmmmm....of course it does! i would only pay proper money for a well maintained (i.e a paper trail) business as opposed to just work

Agree, typed it, posted it, should have read it all 1st, slap my wrist, you got me.
I agree with that bit, but still stand by the fact that you can only get what someone is willing to offer.
 f I was going to buy a round from someone, I would choose a round that has proven accounts to back it up, rather than a customer list from a member of the fiver/dole brigade.

[nat]

It doesn't make any difference how good your round is.

urrmmmm....of course it does! i would only pay proper money for a well maintained (i.e a paper trail) business as opposed to just work

Agree, typed it, posted it, should have read it all 1st, slap my wrist, you got me.
I agree with that bit, but still stand by the fact that you can only get what someone is willing to offer.
 f I was going to buy a round from someone, I would choose a round that has proven accounts to back it up, rather than a customer list from a member of the fiver/dole brigade.

I had a guy try and sell me some work, i knew he had a good round, not very well priced but compact and established, he wanted 4 times the amount, i declined as he hid as much as possible from the tax man, he had no trail, it was all domestic so no contracts, i declined as i can't buy into something that is just like a hand shake, if it were 1-2 times the amount i would take the chance, I've never understood someone hiding from the tax man, whats the point? business should be run properly and i couldn't pay proper money for anything less...just my thoughts

[steve jamieson]

If a round is done wfp and takes £40 per hour , shouldnt this be valued higher
than a trad round taking £20 per hour or visa versa.
 I think theres a lot more to a round than just its monthly/ 4 weekly
 turnover to consider .