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Window work , leigh lancs


Rick koz

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12 minutes ago, Pjj said:

Ok but it’s fortnightly work so surely it’s 8 times the value of the work isn’t it ???

Yes but values for this type of work is usually based on monthly turnover.

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5 hours ago, Pjj said:

Think I need to sell some work and retire then 😂😂😂

 

6 hours ago, Part Timer said:

Yes but values for this type of work is usually based on monthly turnover.

Monthly turnover 300 x 4 = £1200 🤷‍♂️
round here work goes for min 10 times 

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14 minutes ago, Rick koz said:

 

Monthly turnover 300 x 4 = £1200 🤷‍♂️
round here work goes for min 10 times 

Yes I see what you are saying but most work is monthly not 2 weekly and charging double the price because of that seams very steep to me  work might be advertised at 10x the price but very much doubt it’s sold for that  , I have been in this game many years and don’t  know of work ever bought for  that kind of money , I have sold a lot of very lucrative and compact work  over the years and generally it’s bought for 4x the price . Good luck with the sale 

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1 minute ago, Pjj said:

Yes I see what you are saying but most work is monthly not 2 weekly and charging double the price because of that seams very steep to me  work might be advertised at 10x the price but very much doubt it’s sold for that  , I have been in this game many years and don’t  know of work ever bought for  that kind of money , I have sold a lot of very lucrative and compact work  over the years and generally it’s bought for 4x the price . Good luck with the sale 

Work mainly fortnightly round here (Leigh /Wigan ) . I’ve know local work go for 18 times (vary rarely I might add) thanks for the  good luck msg 👍🏼

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4 minutes ago, Rick koz said:

Work mainly fortnightly round here (Leigh /Wigan ) . I’ve know local work go for 18 times (vary rarely I might add) thanks for the  good luck msg 👍🏼

Lol that’s crazy , maybe I should sell all my work and retire at that price I would be a multi millionaire 😂😂😂 @Part Timer was right 

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5 minutes ago, Pjj said:

Lol that’s crazy , maybe I should sell all my work and retire at that price I would be a multi millionaire 😂😂😂 @Part Timer was right 

Ha ha ! After 25 yrs on the glass im slowly winding down , sick of working 6 days a week now 😂😂

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11 hours ago, Pjj said:

Yes I see what you are saying but most work is monthly not 2 weekly and charging double the price because of that seams very steep to me  work might be advertised at 10x the price but very much doubt it’s sold for that  , I have been in this game many years and don’t  know of work ever bought for  that kind of money , I have sold a lot of very lucrative and compact work  over the years and generally it’s bought for 4x the price . Good luck with the sale 

I agree with you it's the value of the jobs no matter how many times they get cleaned, that is how it has always being, if it's a 10 jobs @ £10 which is £100 then they should be sold at lets say 4x that so £400 not I clean them twice a month so I want £800 it would be like you or me trying to sell our business on the annual turnover x4 to x10 if that was the case all of us could retire now 😂

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43 minutes ago, Iron Giant said:

I agree with you it's the value of the jobs no matter how many times they get cleaned, that is how it has always being, if it's a 10 jobs @ £10 which is £100 then they should be sold at lets say 4x that so £400 not I clean them twice a month so I want £800 it would be like you or me trying to sell our business on the annual turnover x4 to x10 if that was the case all of us could retire now 😂

So if he was selling £300 worth of work that is done 3 monthly he could still charge £1200? Work, as far as I've ever seen, is sold on a multiple of monthly value and never sold as unit value. At the end of the day he's selling £300 a month of work.

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4 hours ago, Part Timer said:

So if he was selling £300 worth of work that is done 3 monthly he could still charge £1200? Work, as far as I've ever seen, is sold on a multiple of monthly value and never sold as unit value. At the end of the day he's selling £300 a month of work.

The problem with fortnightly work is if you lose a single customer that's the same as losing 2 monthly customers. So paying the same as you would for monthly cleans might be more risky. 

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10 minutes ago, ched999uk said:

The problem with fortnightly work is if you lose a single customer that's the same as losing 2 monthly customers. So paying the same as you would for monthly cleans might be more risky. 

I'm not denying that but if you have someone selling a round which has 4 weekly, 6 weekly, 8 weekly and 12 weekly the price is always worked out against the 4 weekly rate. Buying any work is risky but he is selling at 4 x monthly which is relatively cheap nowadays, you regularly see prices of 8-10 times monthly turnover.

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39 minutes ago, Part Timer said:

So if he was selling £300 worth of work that is done 3 monthly he could still charge £1200? Work, as far as I've ever seen, is sold on a multiple of monthly value and never sold as unit value. At the end of the day he's selling £300 a month of work.

Yes mate, in over 20 years I have never heard or known it to be sold any other way than unit value.

 

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Fortnightly work is pretty much standard at 10x cleans. 4 weekly s go for 5x and so on. Simple maths really. You should always base your selling price on turnover figures and not single price units as there are different frequency’s to factor in which can’t be charged at the same rates as the lower frequency’s will make you more money on less time. Obviously those figures are based on it all being good work. 

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