DangerousBrian
Member
- Messages
- 8
- Location
- North west
Hi,
I’m looking to get an understanding of the value of my dads business who’s looking at retiring after around 30yrs building it.
It’s all commercial cleaning, bulk on 12 month purchase orders and guaranteed number of cleans/turnover per year, bulk of it exterior windows, cladding and then some internal, all around the Warrington/st Helen’s area and with all together or close by work.
Turnover around 120k per year employing 2 full-time staff, net profits of around 50k per year for the owner who only does a bit of invoicing/emails due to age.
Is it worth trying to sell as a whole business? Split into smaller portions? With equipment? Without?
Plenty questions
Thanks,
I’m looking to get an understanding of the value of my dads business who’s looking at retiring after around 30yrs building it.
It’s all commercial cleaning, bulk on 12 month purchase orders and guaranteed number of cleans/turnover per year, bulk of it exterior windows, cladding and then some internal, all around the Warrington/st Helen’s area and with all together or close by work.
Turnover around 120k per year employing 2 full-time staff, net profits of around 50k per year for the owner who only does a bit of invoicing/emails due to age.
Is it worth trying to sell as a whole business? Split into smaller portions? With equipment? Without?
Plenty questions
Thanks,