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clive82

  • Posts: 10
Re: Would you pay 45k for this ?
« Reply #20 on: November 05, 2012, 02:46:32 pm »
who has 45k to put upfront its window cleaning not microsoft ltd and no its not worth it cause the work isnt gureenteed! check books probly worth between 18-25k!

paul13

  • Posts: 491
Re: Would you pay 45k for this ?
« Reply #21 on: November 05, 2012, 07:58:44 pm »
who has 45k to put upfront its window cleaning not microsoft ltd and no its not worth it cause the work isnt gureenteed! check books probly worth between 18-25k!

Sorry but that doesn't make sense ::)
45k is not a lot of money for the work been offered, most people
with a well run legit business could raise that sum of money.
The work is as garanteed as any other window cleaning business
for sale just make sure you  meet the majority of custy's.
How do you guess it's worth 18-25k?

TomCrowther

  • Posts: 1965
Re: Would you pay 45k for this ?
« Reply #22 on: November 05, 2012, 08:04:18 pm »
Microsoft may be struggling a bit lately but I think they are still worth a bit more than a four man wc business.

Moderator David@stives

  • Posts: 8829
Re: Would you pay 45k for this ?
« Reply #23 on: November 05, 2012, 08:08:40 pm »
I had a shock when my accountants told me what they thought my business was worth.

I nearly fell off my chair

TomCrowther

  • Posts: 1965
Re: Would you pay 45k for this ?
« Reply #24 on: November 05, 2012, 08:16:02 pm »
They use a formula- turnover minus expenses x whatever. Anyone looking to buy a round should get the figures and let their accountant have a look. Could save them from an expensive mistake.

Frankybadboy

  • Posts: 9022
Re: Would you pay 45k for this ?
« Reply #25 on: November 05, 2012, 08:16:31 pm »
I had a shock when my accountants told me what they thought my business was worth.

I nearly fell off my chair
was it only 1p dave iam not surpised. ;D ;D ;D ;D ;D


found them pictures yet ??? ??? ???

Moderator David@stives

  • Posts: 8829
Re: Would you pay 45k for this ?
« Reply #26 on: November 05, 2012, 08:28:18 pm »
I didnt believe him, I reckon 1/4 of what he said


Which pics ? facebook ?

Frankybadboy

  • Posts: 9022
Re: Would you pay 45k for this ?
« Reply #27 on: November 05, 2012, 08:30:16 pm »
I didnt believe him, I reckon 1/4 of what he said


Which pics ? facebook ?

olympics ones you old cornish fart :P :P ;D ;D ;D

Dave66

  • Posts: 374
Re: Would you pay 45k for this ?
« Reply #28 on: November 05, 2012, 09:09:31 pm »
who has 45k to put upfront its window cleaning not microsoft ltd and no its not worth it cause the work isnt gureenteed! check books probly worth between 18-25k!
im with you, who's got a spare 45k lying around!  :o
plenty of cream...plenty of sugar!

Perfect Windows

  • Posts: 4179
Re: Would you pay 45k for this ?
« Reply #29 on: November 05, 2012, 10:39:38 pm »
£2,400 weekly is £10,400 not £12,000.

Just a thought.

Vin
Would de slightly more than £10 400 per month Vin but you're right,certainly not £12 000 ;)

In what way?

£2,400 * 52 = £124,800.

£124,800 / 12 = £10,400.

QED.

Vin

stuart mc

  • Posts: 7775
Re: Would you pay 45k for this ?
« Reply #30 on: November 05, 2012, 11:24:36 pm »
£2,400 weekly is £10,400 not £12,000.

Just a thought.

Vin
Would de slightly more than £10 400 per month Vin but you're right,certainly not £12 000 ;)

In what way?

£2,400 * 52 = £124,800.

£124,800 / 12 = £10,400.

QED.

Vin

4 weekly clean will bring in more, it equates to 13 cleans a year, but the maths still don't add up, on the sellers part

Moderator David@stives

  • Posts: 8829
Re: Would you pay 45k for this ?
« Reply #31 on: November 05, 2012, 11:32:54 pm »
You would get your original purchase price plus increased value when you sold it.

What it takes now is somewhat irrelevent to what could be earned if you put a little effort into it after you bought it.

My reckoning is that business could hit £250 k in 18 months then possibly £350k plus the year after.

Once you get to a certain size, then the business takes its naural momentum and will grow.

What the purchaser needs to do is to get off the tools and go and grow the business, this has a tremendous scope to grow and make some money as well as increasing the potential resale price

stuart mc

  • Posts: 7775
Re: Would you pay 45k for this ?
« Reply #32 on: November 05, 2012, 11:40:08 pm »
You would get your original purchase price plus increased value when you sold it.

What it takes now is somewhat irrelevent to what could be earned if you put a little effort into it after you bought it.

My reckoning is that business could hit £250 k in 18 months then possibly £350k plus the year after.

Once you get to a certain size, then the business takes its naural momentum and will grow.

What the purchaser needs to do is to get off the tools and go and grow the business, this has a tremendous scope to grow and make some money as well as increasing the potential resale price


sorry dave ;D it is a trad round at probably around £3.50 a house, not a hope in hell

KS Cleaning

  • Posts: 3955
Re: Would you pay 45k for this ?
« Reply #33 on: November 05, 2012, 11:41:44 pm »
£2,400 weekly is £10,400 not £12,000.

Just a thought.

Vin
Would de slightly more than £10 400 per month Vin but you're right,certainly not £12 000 ;)

In what way?

£2,400 * 52 = £124,800.

£124,800 / 12 = £10,400.

QED.

Vin

4 weekly clean will bring in more, it equates to 13 cleans a year, but the maths still don't add up, on the sellers part
A didny notice either,he had already allowed for the 13 cleans :-[  £2 400 weekly would be £9 600 4 weekly and £10 400 monthly.

KS Cleaning

  • Posts: 3955
Re: Would you pay 45k for this ?
« Reply #34 on: November 05, 2012, 11:46:32 pm »
£2,400 weekly is £10,400 not £12,000.

Just a thought.

Vin
Would de slightly more than £10 400 per month Vin but you're right,certainly not £12 000 ;)

In what way?

£2,400 * 52 = £124,800.

£124,800 / 12 = £10,400.

QED.

Vin
Sorry,you are correct,I didn't realise you had allowed for the extra clean DOH!

♠Winp®oClean♠

  • Posts: 4085
Re: Would you pay 45k for this ?
« Reply #35 on: November 05, 2012, 11:53:33 pm »
Posted on 02/11/12
Region: Scotland
Location: North & South Lanarkshire
Type: Domestic
Monthly Avg Value : £12,000
Established For: 6 years
Comments: Well established quality window cleaning round, all done with traditional ladder method, in the North & South Lanarkshire areas. All customers conditioned to all weather cleaning, during all year round. Good payers: all usually pay cash on the day. Plenty of scope to build the round more, as new customers join every week. Selling round to concentrate on a business abroad. Plenty of extra work including gutters, pvc cleaning and power washing etc. Weekly average turnover is £2,400. Willing to split round up to sell as follows: North Lanarkshire Wishaw/Newmains area £25,000. South Lanarkshire Carluke/Law village areas £30,000. South Lanarkshire Lanark area £4,000. The complete round is sold at a discounted price of £45,000. No timewasters please, as we are all very busy and I am not interested in leasing the rounds out or paying for the business in instalments. People looking for a serious business oportunity only. Please contact by email first.
Asking Price : £45,000
Register as a member to view contact details


Depends.

If it costs 10k in wages then no. The turnover means nothing.

You will also NOT be able to work 5 day weeks on a regular basis in that location with ladders either!

Moderator David@stives

  • Posts: 8829
Re: Would you pay 45k for this ?
« Reply #36 on: November 06, 2012, 08:01:23 am »
Stuart m

I was trad and on ladders, and without employees 7 years ago, with a lot less turnover than that round,

At that time, one of my inspirations was meeting a guy who had a domestic round turning over £250 k with 4 employees.

It can be done

♠Winp®oClean♠

  • Posts: 4085
Re: Would you pay 45k for this ?
« Reply #37 on: November 06, 2012, 08:05:31 am »
Stuart m

I was trad and on ladders, and without employees 7 years ago, with a lot less turnover than that round,

At that time, one of my inspirations was meeting a guy who had a domestic round turning over £250 k with 4 employees.

It can be done

He probably still laughs to himself about that encounter! ;D

Moderator David@stives

  • Posts: 8829
Re: Would you pay 45k for this ?
« Reply #38 on: November 06, 2012, 08:13:07 am »
Winpro

Why is that?

I don't understand your post

wpclean

Re: Would you pay 45k for this ?
« Reply #39 on: November 06, 2012, 12:49:04 pm »
I asked the question because I was curious how others would see this as an investment.

By the responses it just goes to show how one person sees the potential and, another not.

Personally I think if it was nearer to me I would go for it.