Quote:
Originally Posted by Mr.Malakalot
if you can charge 16k a job your grossing at least 9k. Not a bad weeks work. 3 to 5 bucks a sq is a rip off. The customers you get just don't know any better. I do my own work.
|
It is great you can do work on your own. Being handy is excellent. It can save you a ton of money.. However, I think you are confused about how a construction business works. No on is grossing 9k on a bathroom.
I work with 4 contractors who all have similar overheads. This is what the break down looks like. Hate to break it to you guys but most long island contractors / subcontractors are not thieves. They just have high over head. Just how your cost of living is high, their cost of operating a legitimate business is high...
Typical Bathroom Price: $11,500 (Includes installing owner supplied Items)
In House Labor: $6,500 - $7,500 (payroll plus overhead)
Electrician Bill: $300 - $500
Plumber Bill: $1,800 - $2,200
Construction Materials:$300 - $400
By the time the contractor is done the project cost 9k-10k. This includes buying the construction materials, paying the subcontractors, and using legal, insured labor.
Then the owner spend any price they want on bath fixtures, vanities, and tile. Typically this price is 3k-5k. The contractor does not make money on this.
All said and done the project can cost between 13k-16k. After 5 days of work.. The contractor typically makes 1k-2k profit.....
That my friends, is the real world....
Yes Yes Yes, you can overlap labor and have two jobs or more going on at the same. This will decrease your labor on the bathroom job and help you make more on that particular job but, is it will increase your overall payroll and insurance cost. Dammed if you do, dammed if you don't. Trust me, no one is making 9k on a bathroom unless it is a one man show who is doing everything himself and is not licensed / insured.
None of these post are meant to be rude or mean, just trying to show the whole picture.