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£1,000,000 or there abouts
Effectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.
Quote from: KS Cleaning on March 24, 2023, 07:09:45 pmEffectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.Really? thats 6 to 9 times the monthly value, i thought the general consensus was that you could get anything upto a max of 4 times the monthly turnover. Delighted if im wrong. Nine months is a long time to work without seeing any profit from your purchase.
80k of work and u sell it for 40k ……. Must be mad if u consider that, don’t listen to Nigel I cant even make sense of what he’s saying. But …. If that’s what ur think then surely u can get 2 lads to work it for u at a cost of 40k or less and take nearly the 40k home urself After a few years let the lads buy it off u an pay u off on the monthly that way u still have an income and get more around the 100k over a few years
Quote from: NBwcs on March 24, 2023, 08:36:53 pmQuote from: KS Cleaning on March 24, 2023, 07:09:45 pmEffectively it’s good will you are selling. If it’s decent work and it returns a good hourly rate, I would say anywhere between 40-60k. You might have to split it up into smaller rounds to achieve that though.Really? thats 6 to 9 times the monthly value, i thought the general consensus was that you could get anything upto a max of 4 times the monthly turnover. Delighted if im wrong. Nine months is a long time to work without seeing any profit from your purchase.I did say if it’s decent work and it returns a good hourly rate. I also took into account he’s based in Surrey. I would think decent work in that area would be worth a lot more than 4 times the monthly turnover?
My yearly turnover is £80,000.All work in Surrey area and compact.What could I expect to sell it at?Thanks
Quote from: jay moley on March 24, 2023, 03:08:52 pmMy yearly turnover is £80,000.All work in Surrey area and compact.What could I expect to sell it at?ThanksYou ll probably have to split it into 2 rounds....there's no way you ll sell it as one roundYou ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.People just don't pay £30k for one round
Quote from: dazmond on March 26, 2023, 04:34:58 pmQuote from: jay moley on March 24, 2023, 03:08:52 pmMy yearly turnover is £80,000.All work in Surrey area and compact.What could I expect to sell it at?ThanksYou ll probably have to split it into 2 rounds....there's no way you ll sell it as one roundYou ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.People just don't pay £30k for one roundWhy don’t they pay 30k conversation with the proprietor work with me for 3 months so I can get my money back,the thing that will make you laugh Daz is that the answer would be yeah ok lol. If I sold what I do for 30k I’d feel like I’d been raped.
Quote from: NWH on March 26, 2023, 05:39:34 pmQuote from: dazmond on March 26, 2023, 04:34:58 pmQuote from: jay moley on March 24, 2023, 03:08:52 pmMy yearly turnover is £80,000.All work in Surrey area and compact.What could I expect to sell it at?ThanksYou ll probably have to split it into 2 rounds....there's no way you ll sell it as one roundYou ll be doing well if you got £15k for each round(split into 2 x £40k rounds).that's around 5 times the monthly value.People just don't pay £30k for one roundWhy don’t they pay 30k conversation with the proprietor work with me for 3 months so I can get my money back,the thing that will make you laugh Daz is that the answer would be yeah ok lol. If I sold what I do for 30k I’d feel like I’d been raped.You inherited most of your round from your dad and picked the rest up without trying and it cost you nothing.....What makes you think someone will pay you over £30k for yours?It's only worth what someone is prepared to pay for it....Most window cleaners don't sell their rounds and end up just losing it all when they retire...After all its only a "goodwill" mickey mouse business anyway