Round for sale value

Discussion in 'Chit Chat & Introductions' started by Beano, Mar 4, 2016.

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  1. Beano

    Beano Member
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    Hi
    I'm looking at buying some work off a guy in my area. The work brings in £1900 a month just wondering what i should offer for it.

    Any help is much appreciated
     
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  2. TolishAPurd

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    I would expect to pay about 6 grand for that, bit that is the most the round is worth for me. If it's in your existing area, and very compact then it may be worth more to you.
     
  3. Beano

    Beano Member
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    That was around the figure I was thinking about 3 times the monthly value. The guy was asking for 12k which I thought was a bit extreme.
     
  4. TolishAPurd

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    5x is a normal round value, so I think he's looking for you to knock him down to 10 grand. The key thing is- what's it worth to you? How will it improve your business? When I sell my round I'll be looking for 5x the monthly value, and probably doing exactly what he has done to ward off messers and dreamers, and in preparation of being knocked down on the price.
     
  5. Taxlossloz

    Taxlossloz Grand Master
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    i bought my current round years ago but I remember arguing about £100 or so
    It's now worth each month more than I paid to buy it
    Think of the long term and don't worry about the price
    It's what your going to do with it that counts
     
  6. Markyboy 50

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    I've only ever bought one round. In 1987 I bought a little round of shops worth at the time £40 a week. I paid him £400. I'm still doing a round of shops in that town to this day although only one of the shops is an original one that I bought.
     
  7. Alien Human

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  8. Duncs

    Duncs Grand Master
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    if you buy that graft before you know it you will double the work load
     
  9. Beano

    Beano Member
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    I do want the work it will be a good expansion for me. Just very unsure of what offer to make I offered 3 x the monthly but he regected as originally he was asking for £13k for it which I thinks over priced
     
  10. Markyboy 50

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    So was I. I started work at a young age lol
     
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