[Dry Clean]

Ah your both wrong

Dry cleans point of expenses is a fair comment but the figures are off.  Our turnover is heading towards £800k for the end of the year. not a million and not 650.

VAT is never actually 20% due to claim backs. Mine is usually 14% in terms of what we hand over.

I dont pay my cleaners £35K more like 25-30

and so on and so on.

At the end of the day I wouldnt be doing what I am doing unless it was worth it. I have no plans to franchise. Maybe one day if I have enough of things

Once we reach our target size and I stop spending everything we make we will be left with a gross profit (that means before corporation tax) of 30%

In your recent post you said you had reached your target goal of £65k a month with 10 guys on this glass, yes this would come to
£780k if all 10 men worked 52 weeeks a year but this will be far from the case.
If you are paying your guys £30k then you need to add another £5k to cover employer NI employer pension contributions and so on which is where my £35k figure came from, I take your point about the saving on the VAT.
You probably are making a profit of more than £95k a year but I couldnt see it being a lot more, dont get me wrong its not to be laughed at but for the effort and money you have invested to get this far I'm not sure if its worth it.
Its not just window cleaning any profession where you're basically just selling manual labour doesn't leave a lot of room for profit .

[Lee Pryor]

mmmm I didnt say we had reached our target. I said we had our first day with all our vans out and had our best month. Well thats splitting hairs. The truth is many of our team turnover way more than that, I had one guy over 8K last month and 2 over 7. Yes we do that week in week out year round. As I said our gross proffit is 30%  when I dont choose to spend it on continued growth.

Anyway I wouldnt be doing what im doing if there wasnt at least 150k or more a year in it for me, which there is along with the fact I will be less than part time.

I am bowing out of this thread now as what I am or am not earning isnt the topic of the thread. I certainly hope it works out for Paul. I also agree with John, if your going to franchise why not just do it now.  I think the most important thing with any expansion is a clear understanding of what "your" goals and reasons are for doing it.

[John Mart]

Ah your both wrong

Dry cleans point of expenses is a fair comment but the figures are off.  Our turnover is heading towards £800k for the end of the year. not a million and not 650.

VAT is never actually 20% due to claim backs. Mine is usually 14% in terms of what we hand over.

I dont pay my cleaners £35K more like 25-30

and so on and so on.

At the end of the day I wouldnt be doing what I am doing unless it was worth it. I have no plans to franchise. Maybe one day if I have enough of things

Once we reach our target size and I stop spending everything we make we will be left with a gross profit (that means before corporation tax) of 30%

In your recent post you said you had reached your target goal of £65k a month with 10 guys on this glass, yes this would come to
£780k if all 10 men worked 52 weeeks a year but this will be far from the case.
If you are paying your guys £30k then you need to add another £5k to cover employer NI employer pension contributions and so on which is where my £35k figure came from, I take your point about the saving on the VAT.
You probably are making a profit of more than £95k a year but I couldnt see it being a lot more, dont get me wrong its not to be laughed at but for the effort and money you have invested to get this far I'm not sure if its worth it.
Its not just window cleaning any profession where you're basically just selling manual labour doesn't leave a lot of room for profit .

I reckon 30% margin is very easily achievable. One van can easily do £80k so profit on 10 vans is £260k. Your figures are miles off Dyclean.

[paul alan]

Well thanks for everyone's input, the good and the bad! Its all relevant and appreciated.

The main reason I dont want to employ is I dont have the funds, and I dont want to borrow on what could be a risk and very stressful.  Our situation wont allow for this, me and my wife both came from messy previous break ups and started again from scratch.


And to those that tout staying alone and keeping it simple, yes I totally get it and you are right it would be easy to do. But you have to admit its a very vulnerable position to be in, my recent accident has proven it to me. For those of you who recommend staying alone, how many of you are bringing up young children? How many of you dont have savings? All of our situations are unique and we all must do the best thing for ourselves, what might be ok for you wont be for me.


I simply cant afford to expand into employing and if I could I'm not sure I would want the stress of knowing how much money would be riding on things, The way I'm going is ideal for my situation, its a way to move forward without putting anything on the line.


I feel like neither me or my business is ready to franchise, I think there is much work to be done with regards to branding and strengthening the "product" before its an attractive enough prospect to buy. I have been advertising for months and have had hardly any interest. I'm the first to admit I dont know as much as I would like about business so I seek advice and carefully select who I listen to, if you want to learn how to bark, you dont take advice from a monkey!


I would like to go and see Lee Pryor at his office as I think it would be great to see how things are done by someone who's doing it. This accident I had has set me back and will take a while to recover.


As some of you like to point out, it may not work out! But I'll never know if I dont try, besides I'd rather believe it will all work just nicely in the end. Stranger things have happened.

[Lee Pryor]

I will put the kettle on Paul. I always enjoy meeting like minded people. Hows next week for you?

8 weekly you figures are very close. Actually about 240k However the unknown figure in my numbers is what will it cost each year to maintain the same size. I am expecting about 25k yearly marketing spend for this.

[John Mart]

I will put the kettle on Paul. I always enjoy meeting like minded people. Hows next week for you?

8 weekly you figures are very close. Actually about 240k However the unknown figure in my numbers is what will it cost each year to maintain the same size. I am expecting about 25k yearly marketing spend for this.

Well I expect to pick up 450-500 on current figures on around £15k so assuming 15% dropoff you should easily cover it.

[Lee Pryor]

Wow we get half that for the same spend!

[John Mart]

Wow we get half that for the same spend!

I’m away at present and figures off the top of my head. I’ll look when I get back.

[Dry Clean]

Ah your both wrong

Dry cleans point of expenses is a fair comment but the figures are off.  Our turnover is heading towards £800k for the end of the year. not a million and not 650.

VAT is never actually 20% due to claim backs. Mine is usually 14% in terms of what we hand over.

I dont pay my cleaners £35K more like 25-30

and so on and so on.

At the end of the day I wouldnt be doing what I am doing unless it was worth it. I have no plans to franchise. Maybe one day if I have enough of things

Once we reach our target size and I stop spending everything we make we will be left with a gross profit (that means before corporation tax) of 30%

In your recent post you said you had reached your target goal of £65k a month with 10 guys on this glass, yes this would come to
£780k if all 10 men worked 52 weeeks a year but this will be far from the case.
If you are paying your guys £30k then you need to add another £5k to cover employer NI employer pension contributions and so on which is where my £35k figure came from, I take your point about the saving on the VAT.
You probably are making a profit of more than £95k a year but I couldnt see it being a lot more, dont get me wrong its not to be laughed at but for the effort and money you have invested to get this far I'm not sure if its worth it.
Its not just window cleaning any profession where you're basically just selling manual labour doesn't leave a lot of room for profit .

I reckon 30% margin is very easily achievable. One van can easily do £80k so profit on 10 vans is £260k. Your figures are miles off Dyclean.

My figures came from Lees previous thread, if he now wants to up his ultimate goal of £65k a month then fair enough. yep an employee knocking out £80k worth of work a year does sound easy when said quickly. (roll eyes)

[John Mart]

Ah your both wrong

Dry cleans point of expenses is a fair comment but the figures are off.  Our turnover is heading towards £800k for the end of the year. not a million and not 650.

VAT is never actually 20% due to claim backs. Mine is usually 14% in terms of what we hand over.

I dont pay my cleaners £35K more like 25-30

and so on and so on.

At the end of the day I wouldnt be doing what I am doing unless it was worth it. I have no plans to franchise. Maybe one day if I have enough of things

Once we reach our target size and I stop spending everything we make we will be left with a gross profit (that means before corporation tax) of 30%

In your recent post you said you had reached your target goal of £65k a month with 10 guys on this glass, yes this would come to
£780k if all 10 men worked 52 weeeks a year but this will be far from the case.
If you are paying your guys £30k then you need to add another £5k to cover employer NI employer pension contributions and so on which is where my £35k figure came from, I take your point about the saving on the VAT.
You probably are making a profit of more than £95k a year but I couldnt see it being a lot more, dont get me wrong its not to be laughed at but for the effort and money you have invested to get this far I'm not sure if its worth it.
Its not just window cleaning any profession where you're basically just selling manual labour doesn't leave a lot of room for profit .

I reckon 30% margin is very easily achievable. One van can easily do £80k so profit on 10 vans is £260k. Your figures are miles off Dyclean.

My figures came from Lees previous thread, if he now wants to up his ultimate goal of £65k a month then fair enough. yep an employee knocking out £80k worth of work a year does sound easy when said quickly. (roll eyes)

Sean, my three do that. More actually. It’s around 15 houses a day over 46 weeks. It includes VAT though. If the work is local they are refilled and home by 4.

[Smudger]

Dry clean - too many assumptions regards to wages etc.... but really what lee makes or not is not for the his thread and irrelevant to the forum try to view things with a more open mind

Paul - have you thought of talking to a business mentor to help develop your brand and biz ?

Darran

[paul alan]

I will put the kettle on Paul. I always enjoy meeting like minded people. Hows next week for you?

8 weekly you figures are very close. Actually about 240k However the unknown figure in my numbers is what will it cost each year to maintain the same size. I am expecting about 25k yearly marketing spend for this.

You being serious?


Mines a coffee no sugar.

[Lee Pryor]

Yes I'm being serious. Why not

[paul alan]

Yes I'm being serious. Why not

`


Absolutely, is Friday ok? Its a bit of a drive but would love to meet you and see what I saw on the video for real!

[Lee Pryor]

Yes I'm being serious. Why not

`


Absolutely, is Friday ok? Its a bit of a drive but would love to meet you and see what I saw on the video for real!

Yeah Friday is fine. where you coming from?

[David Kent @ KentKleen]

Hi Paul.
I keep very quiet on here nowadays. Please feel free to call me next week if you fancy a chat.
I have  10+ vans (all franchised)  all cleaning domestic customers and all built up with no savings or investment from anywhere.
Its VERY hard work, but with the right attitude and plan you can get there.
I could stop now and enjoy the benefits. (it has certainly been worth the stress and strain) I could stop its growth now and sit back and enjoy the income, but, I am continuing to build my business at the moment, planning to double its size in the next 5 years. This is now easier as investment money is generated via the business.
If you want that chat I'm easy to find.
David Kent
KentKleen

[paul alan]

Yes I'm being serious. Why not

`


Absolutely, is Friday ok? Its a bit of a drive but would love to meet you and see what I saw on the video for real!

Yeah Friday is fine. where you coming from?

Abergele! north wales

[paul alan]

Hi Paul.
I keep very quiet on here nowadays. Please feel free to call me next week if you fancy a chat.
I have  10+ vans (all franchised)  all cleaning domestic customers and all built up with no savings or investment from anywhere.
Its VERY hard work, but with the right attitude and plan you can get there.
I could stop now and enjoy the benefits. (it has certainly been worth the stress and strain) I could stop its growth now and sit back and enjoy the income, but, I am continuing to build my business at the moment, planning to double its size in the next 5 years. This is now easier as investment money is generated via the business.
If you want that chat I'm easy to find.
David Kent
KentKleen

Absolutely!

Thanks

[David Kent @ KentKleen]

P.S. not trying to muscle in on Lee's offer. Snap his hand off with his offer of a coffee and a chat!

[paul alan]

Yes I'm being serious. Why not

`


Absolutely, is Friday ok? Its a bit of a drive but would love to meet you and see what I saw on the video for real!

Yeah Friday is fine. where you coming from?

Abergele! north wales