4 ms·
Sure, its a cleaning business that cleans offices. Its not really the business i'm buying, its the rounds from an existing cleaning business that does other thi
by TamDenholm 14y ago
Sure, its a cleaning business that cleans offices. Its not really the business i'm buying, its the rounds from an existing cleaning business that does other things like windows and carpets etc.
The existing owner is the hardest working guy i've met, used to be in the Army so has a proper work ethic. Thing is, hes not very good with people, hes got an abrasive personality, which doesnt bother me at all but i can see how its not good for managing people, and hes fully aware of this and doesnt want to manage people either. He currently does all the rounds himself for a total of a 60 hour work week in addition to his other things. I've already made hires to take over this and i'll manage them. Its going to be hard work to begin with but its an automatable system.
After expenses, it should generate £20k-£25k a year which is enough for me to live on frugally. I'll ideally expand it to generate more over the next year though. I'm paying less than the yearly profit to buy it as well, so its a damn good deal.