A quick word on round valuations.

Discussion in 'Managing Your Business' started by Green Pro Clean Ltd, Feb 7, 2016.

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  1. Green Pro Clean Ltd

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    Just this past week I sold off a part of my residential round to free up some more time so I might focus on commercials.

    I put the price at 6 x the clean value.

    I had loads of texts telling me 'what it's worth' and offering 2x or 3x before these clowns had even asked any detailed questions about it. I replied to all of them and told them I would take it under consideration.

    Wednesday I met a chap for lunch, to show him the list and discuss the round, he weighed up the value as far as how I had built it and established it and as to what that and the monthly values were worth to him. We settled the deal at 5 x the monthly value.

    The sole point to this is that as I have stated many a time previously the value of a round is a 2 part question, the value in the eyes of the owner and the value in the eyes of the seller.

    If you are happy to sell up all your hard graft for 3x then that's the value to you. If you wont let it go for less than 12x well then there is your answer also.
     
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  2. peter rogers

    peter rogers Grand Master
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    i wudnt sell up for 20x my round money run out and wud miss it its it my pride and joy
     
  3. peter rogers

    peter rogers Grand Master
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    ike wtf wud u do if u sold your round ?
     
  4. Green Pro Clean Ltd

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    I will answer that question in 2023 :)
     
  5. peter rogers

    peter rogers Grand Master
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    fcuk that get people to work it if i wanna retire

    i live a sad life

    get up go clean
    come home
    eat
    put new customers database
    print invoices
    be on here


    need to get a life
     
  6. Green Pro Clean Ltd

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    Not staying in country Peter, retiring to family home in Asia, this country has nothing left to offer anyone except shite weather & food, third rate health care and overpriced housing and more taxes than a hedgehog has spikes. And you supposed to say 'thank you sir' when they do what's 'in our best interests and bend over and take it up the ass from Merkle with her strap on yet again as this country gets raped and plundered by Brussels.

    Go luck, you can keep it, I am far too jaded to stay, it is what get's me up in the mornings knowing just 2243 days (at time of posting) left to go before I can wave this place good bye!
     
  7. Posh

    Posh Hero
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    Good luck to you

    Totally agree with you about this country
     
  8. Green Pro Clean Ltd

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  9. peter rogers

    peter rogers Grand Master
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    i have fot hope want to build a food business to hand over to my son when he is older
    want to create jobs in the area and try make a difference
     
  10. Green Pro Clean Ltd

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    I understand the ambition Pete. However I will do it in acountry that thanks you for helping to improve local economy not persecute you for your efforts.

    Anyhow once again we drift off topic. Back on track Pete :p
     
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