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One round here was being sold on FB last year. Some woman selling it on behalf of her chap. They were a couple of chivvy looking young kids. Turns out he was knocking a customer off and she was making him sell it ?Agree with @Cookie and @P4dstar I also think you should, if you haven't already, find out why the round is being sold and ask if you could see the previous 2 or 3 years accounts or bank transactions if possible. That can help determine the strength of the business which in turn could influence your purchase price and put your mind at ease. What's your gut telling you? Good luck
20k? Does it come with a new van aswell ?Gut feeling is yes do it but then the risks of taking it over during winter months, not being able to work.
Round is very compact and mainly on 2 estates, takes him 2 ish weeks in summer and about 3 ish in winter.
Just the thought of being my own boss and growing the round and offering other services such as gutter cleans, facias nd gardening during summer months.
He wants 20k for the round but I think maybe that's a bit to much ??
£3k is approx £33k a year(taking off a month for holidays).....not many window cleaners sell decent work and a chunk like this so id be very wary if i were you.....theres no way someone will pay £20k for it.....he might get £12k at a push if he can prove its good solid established work and not full of up and over garage roof jobs and NO fortnightly work,etc.....HI
I have the chance of buying a round that's been established for a number of years, approx £3000 a month revenue with approx 250 customers, traditional, all quite closely grouped what's the going rate for a round like this.
On the other thread I said he'd be wanting anything from £15 - £24k so he's in the middle of the range. Good compact work doesn't come up very often and if he's genuine it's a fair price. Your only decision, in my eyes, is do you try and negotiate him down, or do you go for it.Gut feeling is yes do it but then the risks of taking it over during winter months, not being able to work.
Round is very compact and mainly on 2 estates, takes him 2 ish weeks in summer and about 3 ish in winter.
Just the thought of being my own boss and growing the round and offering other services such as gutter cleans, facias nd gardening during summer months.
He wants 20k for the round but I think maybe that's a bit to much ??
My honest advice would be, keep your 20k. Spend 5-7k on a water fed pole system, van, uniform, website etc and start on your own. Your customers are likely to be much more loyal to you than his will. It's much safer as there are no ladders involved (or a minimal amount of ladder work depending). Yes its not the best time of year to start out but every customer you get (excluding the xmas rush) will be loyal and stick with you much more. You could buy 3k worth of work and only end up cleaning £2k because of drop offs or lost customers.He wants 20k for the round but I think maybe that's a bit to much ??
Same here, I’ve had many dealings with taking over, buying and selling rounds both for myself and for other people and all of them have been positive. As long as you know what you are doing there shouldn’t be a problem. If you don’t then get some good advice or offer to work the work first. Yes you might upset a few customers if your face doesn’t fit but as long a your polite and explain the situation properly then you should be fine. People don’t like change but they’ll soon get used to you. I never had the option of starting from scratch when I first started as I had bills to pay and mouths to feed so needed an instant income. Yes I had to repay a hefty loan but if you compare that towards all the unpaid man hours you could spend canvassing and leafleting etc then all the cash spent on advertising it’s a no brainier really. It’s far easier to let someone else’s money do the legwork for you. I went from a minimum wage job to earning almost double that overnight and have grown and grown since and have never looked back. Good luck to op on your new endeavour. Hope it all goes well?Have any of the above bought a round before? If not then don't listen to the exaggerated negatives. If buying a trad round then be prepared to loose 20% if you're converting to wfp and try get it for 3 cleans . If it's already on wfp then paying 5 times the clean for decent work is acceptable in my opinion. If you're pushing them straight away for bank transfer payments and DD then you'll lose another here and there. It's not as bad as people make out but if you're dealing with a dip stick walk away as there's always something else.
I started up getting on for 30 years ago, it was a friend of a freind who I bought it off.Have any of the above bought a round before? If not then don't listen to the exaggerated negatives. If buying a trad round then be prepared to loose 20% if you're converting to wfp and try get it for 3 cleans . If it's already on wfp then paying 5 times the clean for decent work is acceptable in my opinion. If you're pushing them straight away for bank transfer payments and DD then you'll lose another here and there. It's not as bad as people make out but if you're dealing with a dip stick walk away as there's always something else.
That’s a hell of a lot of money to spend on marketing and basically “maybes”. I appreciate that when you first start anything is better than nothing but you could end up with a round that most taxi firms wouldn’t even cover if you go down the lead gen route. Why wait 12 months when you can have it now!!If your seriously thinking of spending 20grand on work then why not split this down and spend money on marketing? Get a company to do you some Google ad words and also maybe some lead gen like green Pro Clean. I'm more than certain over a year you will get £3000 worth of work and also it will be under your own name and your terms and conditions.
Good advice that. I’d at least go and get a job working as a window cleaner first just to get an idea of what your letting yourself in for.I personally wouldn't part with 20k if I had never cleaned a window before, cleaning a window up a ladder is a different thing all together and unless you are a very driven person like some lads on here who have built businesses from nothing and in some cases gone onto have multiple vans it can be rough going as it's all the background stuff to running a business also and to get yourself out of the door every morning when the weather is against you, also you won't get all that 3k in every month you will have a constant rolling debt off £100's every week.
I wouldn't put anyone off wanting to run their own business, but I would always encourage someone to go into it with your eyes wide open and be aware of everything that comes with running a business day to day, it's 7 days a week and near enough 365 days a year.
That's what I did, I went out with the guy I bought the round off and did 3 days in the middle of February and thought if I can work in this weather then i can work anytime. I worked for nothing and learned how to use ladders and a squeegee.Good advice that. I’d at least go and get a job working as a window cleaner first just to get an idea of what your letting yourself in for.
For sure. I worked as an employee for many years before going alone.That's what I did, I went out with the guy I bought the round off and did 3 days in the middle of February and thought if I can work in this weather then i can work anytime. I worked for nothing and learned how to use ladders and a squeegee.
Invaluable experience.