[Crystal-clear]

we see silly rounds for sale quite often £200 per month for £2k with maybe a £300 van chucked in insane.


but sometimes i hear that some of these even sell? , if they are selling this has to get ones mind working most of us wouldnt dare buy a round for 10x but maybe there is a market out there, every year after say you establish £200 worth of of work maybe sell it at 10x and just recanvass it and sell it again what i just dont understand is why would people pay 10x   so lets see how many
Yes, we get  

and please post your reasons because i might just try selling a days work a year and have a free holiday lol...

[Nathanael Jones]

If it was established commercial work, that could be completed in any weather & yielded a very good average hourly rate - then yes. It'd have to be good though!

[Richard60]

 as mr jones said. good advice

[keyser soze]

+1    its a good way to get up and running in the fast lane

[stuart mc]

not in a million years, and especially if commercial, could lose the lot before you made your money back

[Dan crowther]

Definitely not for commercial nowadays, too much risk. I would be tempted if it was say 15 £20ish bigger houses in one street. A nice days work and well paid! Would need to be well established and i would need to meet every customer. Maybe a clause in the sale contract about cancellations too. I wouldn't be tempted for normal average priced domestic houses that are usually a bit more spaced out, 3-5 cleans for those. Prime work is an investment, it may take a year to get your money back but you still always have the value of the investment in the round you've bought and get the return if sold on.

[Crystal-clear]

intresting we have 5 yes people here so far i can see 3,

by the way this is just a domestic post althou i dont mind feedback if it was commercial too
personally the last for me would be commercial high order value cleans as you may only get say 1-3 jobs for £2000 imagine if 1 or 2 of those commercials say "errr yea great that you have taken over but can we knock it on the head for a year"  
but if it was say 13 houses priced at £15 each at least you will have 9 left  still for 2k you gota be mad!

[Crystal-clear]

10 votes for yes out of 32 about 30% thats quite high 

[Window Washers]

For cleans only no, as a business I would think hard about it

[richard jagger]

This must be the only industry that sell an asset based on a turnover when 99% of business sell assets based on net profit.
Its reasons like this that will prevent us from getting the respect and trust we desire and deserve. We could all do so much better if we had a understanding of  business.
I am tired off reading about H & S courses that are really useless after you have attended the first one. Give us business courses so we can understand our businesses and sell them for fair prices for both parties. O K you can all draw your guns now.

[Window Washers]

This must be the only industry that sell an asset based on a turnover when 99% of business sell assets based on net profit.
Its reasons like this that will prevent us from getting the respect and trust we desire and deserve. We could all do so much better if we had a understanding of  business.
I am tired off reading about H & S courses that are really useless after you have attended the first one. Give us business courses so we can understand our businesses and sell them for fair prices for both parties. O K you can all draw your guns now.

there are plenty of business courses out there, no guns

[Richard Shepherd]

Personally no, but 90 percent of the work that is for sale in Lancashire goes for between 9 and 10 times for domestic work 

[Rogue Trader]

The above is true that when buying a business it is the mutiple of net profit that is usaually the factor that the sale price is based upon. Ithought about selling up a few months ago and i spoke to a business transfer agent who told me it would be very difficult if selling the business as an ongoing concern to get any multiple of turnover , he said that my business which is heavily weighed domestic split (goodwill of the customers) i could only achieve 100% of net profit plus assets. Of course its all down to the individual what they think its worth but his advice was that finding an individual who would be prepared to pay more than that would be difficult.
So by my estimations if i was to sell my work alone at 4 x monthly turnover i would get double annual net profit and if i could get 10x mothly turnover i would be getting 5 x annual net profit.
Im not sure that i could find anyone willing to pay 10x , but if anyones interested at that price then i have a large round to sell Surrey , Sussex and Kent.

[richard jagger]

Mr Rogue TRADER you are the voice of reason is a world of insanity. Your added thread hits the nail on the head.So after I read about some one wanting to sell a round  for 10 x turnover and thinking you will never get finance at a bank for that.  There must be a lot of cash around to buy these high risk purchases.

[H2GoKent]

It's a no from me.
What really are you buying when you buy a round commercial or otherwise?
You have no guarantee that ANY of the work will still be yours in a year or even 6 months from now.
Residential customers often like a windy that they know so when you buy work you always lose some of it.
Commercial work comes and goes very quickly.
September 2010 I had two contracts turning over £1600 a month, profit after all work done was £900. October 2010 they were gone, it was OK I always thought they might not last so always looked after my other work.
According to some of you, you would pay £16000 for it. Not sure I would agree based on experience.

If anyone wants to buy my work at 10x I'll bite their hand off, its all good work, I've had some of it for about 8 or 9 years, but it can all go in a month or two.

[matty72]

I tried to sell work at 10x, never sold it, but what gets me is why people from other parts of the country feel they need to put there opinion in about it, it has nothing to do with them, we live in a world where not a very nice persons pay a fortune for a piece of crap art or a bottle of wine, the price is what someone is willing to pay whether it be 3x or 20x, you cant loose anything but advertising at 10x so why not try, if it doesn't work you drop price to what the market will pay.

[g.brookes]

as i ve said before i would do and i have done.  i bought a commercial round for 10x the monthly value.  its fantastic work, any work i've lost i have more than replaced.  this question is redundant without a context.  it can either be a terrible decision, or a fantastic decision, all depends on what youre buying and whose buying it.   

[Scrimble]

no way would i pay 10x for work, its not hard at all to get well priced custys on the books,

knock a few doors and post some flyers instead

[AuRavelling79]

I haven't voted because there is no "it depends" option.

[Steve Sed]

The thing iis that as a one man wc round, you aren't really selling a business in the sense that selling business with employees is. In effect you are just selling a job. Ok, the income from a good wc round is likely to be better paid than a factory job.