sorry I got the flu I’m feeling really negativ
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sorry I got the flu I’m feeling really negativ
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P
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Aww man, that sucks, I’ve been down with flu since Friday noon.
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Here’s an example of that water fed pole house washing technic. This is ancient aluminum siding faded an
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it would take me longer to hook up to the water supply than to wash that little section. And you left marks behind, you should give their money back.
[MENTION=3135]diamondridge[/MENTION]
Hello. Thanks for getting back to me. I will PM you about the home advisor referrals. I need to post a few more times before I can Pm you. I haven’t had much time, been busy trying to get work for my guys.
Hi Brass Squeegee. I’ve been in business 18 years, started from scratch with one commercial account and have purchased 12 small commercial operations over the years in my area, regularly servicing 2,500 storefronts now. Buying out others absolutely works. No question. And is profitable if done right. It starts with the buy. Window cleaning offers many opportunities for growth. Route work is only one area, residential is another, low to high rise buildings is another plus adding on other services. I believe anyone with time, talent and persistence (not necessarily money) can create a million dollar operation easily. Starting from scratch is not easy, takes time to make money, but the rewards are there. I’m going to license my operation this year into other areas. Contact me by email at [email protected] if you have any questions I can help you with. I’m not always on the forum. Either way good luck. It is a great business.
I also believe buying out the competition works if done right. Ive bought 2 window cleaning businesses, one also did pressure washing, and im working on buying another competitors business this next year. Jim DuBois is absolutely correct in saying it all starts with the buy. And MORE importantly the TERMS of the buyout.
Ive always only purchased the client list. Im not nor ever will I be interested in buying their vehicles, equipment or emploees. Yes when ive bought the businesses I needed to buy more vehicles, equipment and labor. BUT I want to buy MY vehicle that I feel comfortable with. I want to use MY equipment that is universal with all the equipment my other employees use. And most importantly I want to hire MY guys, the guys I or my general manager choose to hire because I do not want to hire someone elses employees who are used to, and only willing, to do it theor way or how they are used to.
Feel free to PM me if you would like. I can share more specific information with you that I am not comfortable sharing on this public forum.
i wouldnt be offfended if someone called me, you never know when an owner is THINKING of selling. I have a profitable business but Id consider an offer if it benefited me. After all we are in business to make money. Theres a local wcer here that I know, Ive mentioned to him a few times that Id be interested in his comm accts when hes ready to retire, you never know…
Sorry I just was reading back on noticed you asked this :
I won’t get into details about my route in particular, but this is how it works out by me it seems like it is different in other states.The total worth of a route is subjective you will have to do your homework to come up with a value on the particular route you are buying . Things to look for are,
As far as I’m concerned buying a storefront route is not a bad way to start out from day one you are making money if you work the route build it ,an service your customers correctly it will , an can be a good way to go . I don’t think your buying a bag of question marks if you buy it from the right person ,an do your homework you will be way ahead of the game in your window cleaning business.
If you bought a route making 4000 a month. How long and how much time would it take you to build a route doing the same if the answer out weighs the principle then don’t buy .
One other thing route work is ok as far as profit goes. Commercial, an resi by far are more profitable, so think hard (especially if your in a state were you can work year round) about buying a storefront route you don’t want to regret it once you start getting busy with other things although you can always turn around an resell it not always easy, but doable
And … If your serous about buying I wouldn’t hesitate to call everyone in the area it’s not a big deal , your planting a seed you never know the guy who wasn’t contemplating it now maybe he will you will leave him your number , an now he knows hey this buffalo bills fan guy maybe I will sell. If he were a Jet fan I would definitely sell … Only because he would feel sorry .
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Do highrise and separate yourself from your competition. Instant credibility. Get a good salesman and 4 guys. Before you know it your will have 250k in business. Own your own book of work. A good salesman will want 25% of the sale for 1 year and 10% after that. If they can sell and book 1 million in work it will be 100k for them. Pay your crew 65% and that leaves 25% for you. Factor in all your loads. Salesman and workers pay all their own taxes and after loads everyone gets their cut. It works.
Are you talking about employees or a sub contractor situation here?
The total spend on your crew should be around 65% - 10% for a good sales persons book of work and 25% billing, equipmnent and inurance ect. If you are the sales person that gives you the advantage of owning the book of work. The goal of 20% profit on 1 million dollar per year is do able.
Sent: Wednesday, December 30, 2015 at 8:35 AM
From: Chris <[email protected]>
Subject: [Window Cleaning Resource] [The Office/Business] How to buy out competition ChrisCommunity Manager
December 30 Beebee649:
Pay your crew 65% and that leaves 25% for you.
Are you talking about employees or a sub contractor situation here?
To respond, reply to this email or visit the topic.
December 30
Do highrise and separate yourself from your competition. Instant credibility. Get a good salesman and 4 guys. Before you know it your will have 250k in business. Own your own book of work. A good salesman will want 25% of the sale for 1 year and 10% after that. If they can sell and book 1 million in work it will be 100k for them. Pay your crew 65% and that leaves 25% for you. Factor in all your loads. Salesman and workers pay all their own taxes and after loads everyone gets their cut. It works.
Majestic66Diamond Squeegee
January 25 BuffaloBillsFan:
Mike,
Would you be willing to share how much you paid for this route and how much it did in gross sales when you purchased it? I'm having a tough time putting my finger on how to value a commercial route. Also, did you buy it with $0 down or did you put down a certain percentage?
Sorry I just was reading back on noticed you asked this :
I won't get into details about my route in particular, but this is how it works out by me it seems like it is different in other states.The total worth of a route is subjective you will have to do your homework to come up with a value on the particular route you are buying . Things to look for are,
1. How much does the route make on a monthly basis the more dollar value per month the more it's worth
2. How long has the seller been servicing these clients the longer the better
3. How tight is this route how much work can you get done in an 8 hour day
4. What kind of a guarantee are you giving me 45 days is norm, but 3 months is king remember you will always lose stores once you take over its normal for one reason or another, but you will always add on also I had a 3 month gaurantee everything I lost within that 3 months came off principle . Yup an ill tell ya this one thing half of it I got back down the road. What a great feeling !
5. How much of a down payment do you need. 20-30 % is norm. You would hve to negotiate that
6. Interest rate again negotiable of course you would want lowest possible you can always pay it down faster
7. Is it all mom an pop stores jmo you don't want all mom an pops
8. His prices per client are they profitable again subjective how often has he raised his prices has been ten years since a raise ?
9. Competition is it stiff is there a lot of bucket bobs around is there room to build ?
These are just my opinions maybe others will disagree or have more to add!
The hardest part will be determine the total value an figuring out if it's worth it . Around buy me the total sale of a route is determined by the monthly dollars it makes a month. So if you have a route that makes 4.000.00 a month you would come up with the asking price or selling price of a multiple of asked for number. So if the seller says my route does 4 grand a month I want 15x for it, the principle would be 60 thousand. If you agreed on principle then next is a down payment agreement. The interest agreement , an the Amortization agreement 5- 6 years or whatever that the money is paid off just like a car loan .</p>
As far as I'm concerned buying a storefront route is not a bad way to start out from day one you are making money if you work the route build it ,an service your customers correctly it will , an can be a good way to go . I don't think your buying a bag of question marks if you buy it from the right person ,an do your homework you will be way ahead of the game in your window cleaning business.
If you bought a route making 4000 a month. How long and how much time would it take you to build a route doing the same if the answer out weighs the principle then don't buy .
One other thing route work is ok as far as profit goes. Commercial, an resi by far are more profitable, so think hard (especially if your in a state were you can work year round) about buying a storefront route you don't want to regret it once you start getting busy with other things although you can always turn around an resell it not always easy, but doable</p>
And ... If your serous about buying I wouldn't hesitate to call everyone in the area it's not a big deal , your planting a seed you never know the guy who wasn't contemplating it now maybe he will you will leave him your number , an now he knows hey this buffalo bills fan guy maybe I will sell. If he were a Jet fan I would definitely sell 😃.... Only because he would feel sorry .
Sent from my iPad using Window Cleaning Resource</p>
wndwgrlGold Squeegee
January 24
i wouldnt be offfended if someone called me, you never know when an owner is THINKING of selling. I have a profitable business but Id consider an offer if it benefited me. After all we are in business to make money. Theres a local wcer here that I know, Ive mentioned to him a few times that Id be interested in his comm accts when hes ready to retire, you never know.....
ClearVisionWindowsSilver Squeegee
January 23
I also believe buying out the competition works if done right. Ive bought 2 window cleaning businesses, one also did pressure washing, and im working on buying another competitors business this next year. Jim DuBois is absolutely correct in saying it all starts with the buy. And MORE importantly the TERMS of the buyout.
Ive always only purchased the client list. Im not nor ever will I be interested in buying their vehicles, equipment or emploees. Yes when ive bought the businesses I needed to buy more vehicles, equipment and labor. BUT I want to buy MY vehicle that I feel comfortable with. I want to use MY equipment that is universal with all the equipment my other employees use. And most importantly I want to hire MY guys, the guys I or my general manager choose to hire because I do not want to hire someone elses employees who are used to, and only willing, to do it theor way or how they are used to.
Feel free to PM me if you would like. I can share more specific information with you that I am not comfortable sharing on this public forum.
January 23
Hi Brass Squeegee. I've been in business 18 years, started from scratch with one commercial account and have purchased 12 small commercial operations over the years in my area, regularly servicing 2,500 storefronts now. Buying out others absolutely works. No question. And is profitable if done right. It starts with the buy. Window cleaning offers many opportunities for growth. Route work is only one area, residential is another, low to high rise buildings is another plus adding on other services. I believe anyone with time, talent and persistence (not necessarily money) can create a million dollar operation easily. Starting from scratch is not easy, takes time to make money, but the rewards are there. I'm going to license my operation this year into other areas. Contact me by email at [email protected] if you have any questions I can help you with. I'm not always on the forum. Either way good luck. It is a great business.
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thanks for that comment. pigeons are going to be en-vogue once the new recession hits.