[♠Winp®oClean♠]

ok master iv been well and truely been told yawn yawn yawn

nothing to support your rubbish so untill you do and are able to put me in my place i wont be wasting me breath, has all i an see is you are a "think you know" and not a "actually knows"

im guessing you also have no experience of selling or ruinning a business of this nature also

keep dreaming  :

 

That's not a chip mate, it's a boulder!

[Handyman Window Cleaning Services]

the only way it would be sellable at that price (even if it was worth it)would be to accept weekly payments.  but the idea of buying massive amounts of work isnt for me i feel proud that i build mine up my self, although i have bought some work which was cheap but very established.

[ronnie paton]

http://www.thenorthernecho.co.uk/business/4531744.Dragon___s_Den_invests_in_window_cleaner/

read this mt bannityne invested 100k for 35% of a business with 370k turnover and his prices are poor, yes he was looking at the growth of the business as well but this shows what a business is worth more than some one on here stating its not worth it.

[trevor perry]

i would want to know how many men and vehicles it was taking to service the round, how long the round had been established was their priceing competitive with other local cleaners and finally what is the yearly net profit if you got these figures then you could give a proper valuation.

[peter1983]

 :)you lot are always saying you have big money lol hes just had a look on cleanitup where window cleaner are on super big money

[♠Winp®oClean♠]

http://www.thenorthernecho.co.uk/business/4531744.Dragon___s_Den_invests_in_window_cleaner/

read this mt bannityne invested 100k for 35% of a business with 370k turnover and his prices are poor, yes he was looking at the growth of the business as well but this shows what a business is worth more than some one on here stating its not worth it.

Comparing that with this thread shows how naive you are Ronaldo!

[Clive McDonald]

I don't agree with you ronnie, and ewan is smoking waccy baccy again.

I agree not many of us have a t/o of 90k, but most of us know that this is pretty full on even for two men, so reasonable wages would be required.90 k is also over the vat limit.Even flat rate knocks 9k off this.

The mostly likely outcome is that you would have to work it yourself, on a very good wage, with one helper on quite a good wage.

You will be working your tates off for about 45k.The problem with that is that lots do that already as a solo with a far lower turnover.Any newby wouldn't live with this pressure and screw the business in six months, and anyone experienced wouldn't want to spend two years salary just to be able to work like a slave to get it back.tHere is a good wage there but not much profit.

[ronnie paton]

well if the work is right i can assure you 90k an be done with two men one van easy and i mean with petential for them to do more.

so this can be done with the right work making 30k profit for doing next to nothing, i know from experience so i feel i am able to say this is true.

window pro??? still cant answer my question just stupid comments, grow up.

maybe your a under achiever, but if you feel your right prove me wrong, i bet you cant.cccc

[geoffreyspecht]

what about vat as well

[wezzy32]

I don't agree with you ronnie, and ewan is smoking waccy baccy again.

I agree not many of us have a t/o of 90k, but most of us know that this is pretty full on even for two men, so reasonable wages would be required.90 k is also over the vat limit.Even flat rate knocks 9k off this.

The mostly likely outcome is that you would have to work it yourself, on a very good wage, with one helper on quite a good wage.

You will be working your tates off for about 45k.The problem with that is that lots do that already as a solo with a far lower turnover.Any newby wouldn't live with this pressure and screw the business in six months, and anyone experienced wouldn't want to spend two years salary just to be able to work like a slave to get it back.tHere is a good wage there but not much profit.

Reading this is typical of somebody who doesn’t know how (or why) to price.

You have to remember this is a forum with window cleaners asking other window cleaners how much to charge for a semi detached house and getting 20 different answers.

Now how much is that £100k asking price business worth, slumpbuster?

ITS WORTH WHAT EVER SOME1 WILL PAY FOR IT

[Silver Surfer]

Well i've made my mind up......where's the guys phone number i'll buy it off him

[Clive McDonald]

What's it worth Ewan?

Bannatyne is buying businesses at three times earnings.Don't confuse earnings (profit) with wages.

If ronnie is right 30k times three is 90k.If i am right three times 11k is 33k.


My lower value would probably have to be plus assets.

[gewindows]

So what is it worth then Ewan? Your the business minded guru on here. I look to you for the answer to that particular conundrum.

Fire away!

[ronnie paton]

slumps earnings and profit are different, you could be taking a wage and the profit ould be 30k after this.

if you can only get 11k out of a 90k business your doing something wrong, you should be looking at 30% profit or there abouts.

90k turnover
32000k wages
1750 fuel
3400 employees ins
500 pub ins
500 van ins
800 vehicccle main
10500 vat flat rate
1000 misc items
300 phone
600 accountant
=50350
leaving just short of 40k!!!!!!!

now this is rough but i would say if the work was good then the lads ould do 400 a day + vact so thats

this would mean they ould do 122200 including vat so still sope and also overs holidays!!

this would also be almost self run apart from sheding work ect.

[gewindows]

In that case Im surprised you're still participating in the thread, I mean how long is a piece of string?

As you are obviously still participating, Id therefore suggest for the thread to continue to be constructive you need to assume the rounds value as being reasonably accurate according to what the guy is selling it for. If you were to discuss directly with the chap selling the rounds value and found this to be an inaccurate assessment you could bring that information to the table, until that time its probably best to assume its worth is 100K

[Clive McDonald]

I can more or less agree with ronnies figures, and also add that he has far more real life experience than me.

400 a day isn't an issue.

32k pa for two chaps to achieve this is. I believe one man would have to be on 25k and the other 15k. this would be 40k, raising ronnies exes to 58k

the profit on 90k would be 32k, and if the turnover was 0nly 80k as stated earlier the profit would be 22k, and this would still entail a lot of admin and not be completely self contained.

[Clive McDonald]

can i just add that this bee in my bonnet, what we are arguing about, is what is stopping me expanding.

[gewindows]

I can more or less agree with ronnies figures, and also add that he has far more real life experience than me.

400 a day isn't an issue.

32k pa for two chaps to achieve this is.

Thinking the same thing pretty much. I wouldnt want to insult anyone by offering to pay them £60 a day BEFORE tax and expect them to work all hours/weathers and have a consistent level of production assuming the work is well priced.

Those guys would be taking home £45 a day. Thats not good.

[ronnie paton]

you do not need to pay them 25k A YEAR  its way too much managers of 15 people dont get that half the timce!!!!

ci know these figuers are right has there from mcy experience,c and 400 a day is easy with the right work

[gewindows]

managers of 15 people dont get that half the timce!!!!

http://www.jobserve.us/Office-Manager-Newport-Permanent-WBD8E21B5DD1D930D.jsjob?&r=BE724FC0D1CB1530