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ronnie paton

  • Posts: 3245
Re: wow who can afford this
« Reply #20 on: September 04, 2009, 10:03:56 pm »
and im sure that with an average growth of £4k a month there must be some kind of branding or just very very good marketing, my point being and i dont mind saying it only a fool would sell what they have worked hard to make for peanuts.
i run a business not just any one could do what iv done

Re: wow who can afford this
« Reply #21 on: September 04, 2009, 10:05:58 pm »
?
if you buy a shop, restaurant etc etc as soon as you open the doors people come through,

How can you be sure of that?????

ronnie paton

  • Posts: 3245
Re: wow who can afford this
« Reply #22 on: September 04, 2009, 10:12:17 pm »
chippy, laundrette, paper shop, cafe , printers all sell GOOD WILL in there business the difference with window cleaning is we have regular (monthly) custom we can work out estimate turnover amd profits ect all the others could change from month to month.

 now i accept customers will cancel but any one who cleans windows nows that its a weird thing that one will cancel and youll gain two the same day.

with any business bought if you provide a quality services the same or better than provided b4 you will more than likely expand on what you have bought justlike lets say a chippy.......if some one new takes over you give them a chance if its crap then you go else were!!!!!!!!!

Jaykie it wasnt aimed at you....but you obviously felt a connection.

tompoole

  • Posts: 800
Re: wow who can afford this
« Reply #23 on: September 05, 2009, 10:39:44 am »
£250k . for a turnover of 170k ??? Suppose its the asking price but, it would be a good earner if you could get it off him for nearer 100k. otherwise in my opinion and its only my opinion, it would be more wise to use the money to set your own up, he's done it so why couldn't you,

ronnie paton

  • Posts: 3245
Re: wow who can afford this
« Reply #24 on: September 05, 2009, 10:47:40 am »
well if just any one can do it why have we all not got turnovers in the same region with a simalar growth?

tompoole

  • Posts: 800
Re: wow who can afford this
« Reply #25 on: September 05, 2009, 10:56:26 am »
Not what i meant, if you have a hge pot of cash to invest , i think it would be more cost effective to do it yourself,  you have to remember this person has huge drive and ambition which you will have to carry on from to keep the pot bubbling along and if you have then there is no reason not to do it yourself.
thats all im trying to point out, so no not everyone can do it and it you cant then buying this would or could end up being a nightmare

dave0123

  • Posts: 3553
Re: wow who can afford this
« Reply #26 on: September 05, 2009, 10:56:40 am »
If you ask me thats a proper business you could buy that business and start cleaning from day one without telling the cusotmers? the reason why is because the customers know its a business also, some accounts i turn up to and they think am just an employee. And thats how the business is run not as a round.

Secondly its not a round your buying its all the equipment vans jobs etc the name of the company with the reputation it has. I would rarther buy that business than a chip shop etc as has allready been said your not gauranteed the customers walking through the door every day or month, ok you may lose some jobs but not alot which would easlily be replaced.
Dave.

Sean Dyer

  • Posts: 2947
Re: wow who can afford this
« Reply #27 on: September 05, 2009, 11:11:03 am »
Not what i meant, if you have a hge pot of cash to invest , i think it would be more cost effective to do it yourself,  you have to remember this person has huge drive and ambition which you will have to carry on from to keep the pot bubbling along and if you have then there is no reason not to do it yourself.
thats all im trying to point out, so no not everyone can do it and it you cant then buying this would or could end up being a nightmare

Why not buy something thats doing it already though and a, buy out a competitor b, get foot in the door, c, you can still add to that existing brand, its a ready made business with obviously good staff etc, you can have all kinds of issues trying to grow, wrong staff , bad pricing etc... This is a business on a plate that he said makes 7000 a month without working other than some admin - If i had the money or the capacity for some kind of capital to buy id be at it like a shot !!

Rogue Trader

  • Posts: 1366
Re: wow who can afford this
« Reply #28 on: September 05, 2009, 11:23:40 am »
I question those figures, for a start 2 men doing 170k worth of work per year is 85k per man if and i mean IF they were working 50 weeks per year thay would be turning over £1700 per week which equated to £340 per day EVERYDAY. Secondly i cant recall the amount of enquiries he had i think it was 60 per week ..... 60 and 6k of new work generated each month ....... sounds a bit far fetched to me , as someone mentioned he is SELLING a business so there has to be a little or a lot of over inflated figures here.

ronnie paton

  • Posts: 3245
Re: wow who can afford this
« Reply #29 on: September 05, 2009, 11:30:21 am »
i think you may find by two men he means two men running it ie doing schedule and admin ll though i could be wrong!

prestigeclean

  • Posts: 618
Re: wow who can afford this
« Reply #30 on: September 05, 2009, 11:49:29 am »
sounds like a bargain to me , if i had the money i,d love to invest it in a superb business like that , and to the disbelievers remember that he is working in london where you can charge proper money for your services , i,m in kent and 2 of us did £1400.00 in 3 days this week working 9 to 4 30 , so with better prices his figures are definetely attainable , certainly gives me something to work towards regards alan

Sean Dyer

  • Posts: 2947
Re: wow who can afford this
« Reply #31 on: September 05, 2009, 11:54:08 am »
Im moving haha

TonyD

  • Posts: 331
Re: wow who can afford this
« Reply #32 on: September 05, 2009, 01:04:10 pm »
The business obviously has records and bookkeeping, so for someone to afford it they should be able to get a business loan if they can convince the bank/investor that they are proficient enough to keep the business running as it has been.
BUT, if I was someone that already had the funds sitting in the bank, I'd think it would be a better option to take advantage of those available funds and build a business from scratch.  It'd cost less than £250k.
The seller has added at the end that the business was built purely as a means to sell to make money, it's probably not cost a huge amount of money, more cost in actual time spent marketing, so that's why IF you had the money ready, build rather than buy. 

Alistair@AWC

  • Posts: 880
Re: wow who can afford this
« Reply #33 on: September 05, 2009, 01:37:21 pm »
If I lived in or around London or had any interest in doing so I wouldn't think twice about speaking to him, my accountant and my bank manager about this business although I would like it for nearer £200k

concept

Re: wow who can afford this
« Reply #34 on: September 05, 2009, 01:51:49 pm »
st teath ( wadebridge /camelford )

i lived near camelford, valley truckle, for a year! what a place cornwall is by the way! (not in a good way!) :-\

jodan63

Re: wow who can afford this
« Reply #35 on: September 05, 2009, 02:04:40 pm »
concept, hi
i have been down cornwall nearly 9 years . i love it down here, cant imagine milton keynes being better ;D ;D

peter holley

Re: wow who can afford this
« Reply #36 on: September 05, 2009, 04:16:22 pm »
I would be interested to know how he passes the V A T. onto the domestic customers.

R W C

Re: wow who can afford this
« Reply #37 on: September 05, 2009, 04:17:52 pm »
If its built to sell i bet theres loads of chaf work,

Moderator David@stives

  • Posts: 8829
Re: wow who can afford this
« Reply #38 on: September 05, 2009, 04:19:35 pm »
i pass the vat on , no problenms at all

peter holley

Re: wow who can afford this
« Reply #39 on: September 05, 2009, 04:29:24 pm »
i pass the vat on , no problenms at all

when you met the crossroads and went vat registered, did you add vat to your existing customers prices, and how did they take it?  I can see it not being a problem for new custies .