Charged $2.75 Per Sq. Ft 3,000 Sq. Ft Interior Repaint

electro

Do I sense some sarcasm in your response?
If I understood your post correctly.
You had 2 employees that worked with you for 4 days.
You pay them $ 15.00 per hour each.
I would imagine you must pay yourself at least $ 30.00 per hour.
That brings your labor cost to approx. $ 1,920.00
The average contractor has between 100-125% overhead, (which would include payroll taxes, insurance and expenses) this is not to say that is a rule written in stone. Which would bring your payroll and overhead (on the low end 100%) to $ 3,840.00. Material costs of $ 890.00, Income of $ 8,500.00
Would bring net profit to approx. $ 3,770.00.
This response is not meant to call you out, just making sure everyone is on the same page about the true costs of running a legitimate business. Even if my numbers are correct, Netting $ 3,770.00 or about 44% is incredible.
Brian

send_it_all

Two Brazillion guys?...that's a HUGE crew. How are you going to fit two brazillion people into one house? You should finish that job in about 4 minutes.
I think you would be more profitable if you cut your crew size to say 4 or 5 thousand guys.

premierpainter

bull

Cosworth

3 guys, 3000 square feet, 2 coats, and trim 4 days no way. Not even if you sprayed and back rolled everything.

WisePainter

I also call bull.
4 days, 3 guys, 3,000 sq. ft with trim?
no.

I am guessing you lost a butt load of your own money, and are now sitting around with no work.
I have been there too.

nice try though.

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My advice: Hire a real painter to do it.

paul sepulveda

Its my first year in business and this is the first time im doing paint work as a contractor , just wondering how much do i need to charge to paint a 3000 sqf home with 3 bedrrooms, i master bedroom , master bathroom , and hallway(second floor)living room , dinning room , kitchen , half batroom, office (first floor) , hihg walls in a 6x6 entry(first floor) , basement with one big 25x8 room , 2 bedrooms, batroom , small kitchen
all are 8' high walls , im painting one color whole house , and its only walls and trim no ceiling and every room has crowmolding the house worth about 350 .000 dollars.......please reply soon thanks

WisePainter

Dude, first of all I cannot make out your scope of work due to grammar and punctuation issues.
From what I can see (read) it would appear as though you are doing a repaint to eliminate a "builder" paint job (amirite?).
Are you using employees, what is the product (paint) you are using, does the customer drive a Porsche (just kidding)?
Seriously, you are leaving out some crucial information that is pertinent in order to offer advice.
I can figure out the size of the job and home value, however I need to know a bit more info.
P.M. me if you want my advice.

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My advice: Hire a real painter to do it.

ACSofMS

To clear up any off-topic (thread hijacking issues) first and foremost. Paul, it'd be best if you started your OWN thread.

Now, on to the OP. Even in my area, that's an insane low-ball for what you spec'ed. That's a 13K+ job, any day, for new construction. A repaint would cost another 2-5K - if it's an occupied dwelling well, sharpen your pencil even more!

No way you made 5K profit on this job, period!

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Whether you think you can, or think you can not, either way you are right! ~Henry Ford

paul sepulveda

quote=ACSofMS;512630]To clear up any off-topic (thread hijacking issues) first and foremost. Paul, it'd be best if you started your OWN thread.

Now, on to the OP. Even in my area, that's an insane low-ball for what you spec'ed. That's a 13K+ job, any day, for new construction. A repaint would cost another 2-5K - if it's an occupied dwelling well, sharpen your pencil even more!

No way you made 5K profit on this job, period![/quote]



well , im not sure if i did good , but i charged him 9000 labor/materials/ and i ahve 10 days to do it before he moves in, i have 3 more people that r going to help me , so basicly off of that 9000 , 1000 are paint materials, and another 3500 on paying labores, so im making 4500 for my self... is that too much????

WisePainter

Counting the chickens before eggs hatch.

Let us know after you have finished completely (punch out) what the end $ results are.

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My advice: Hire a real painter to do it.

premierpainter

Well he posted that last remark on the 13th and now it is the 28th. I guess he didn't quite make the 10 days he had.

Paul B

Where is this? Hollywood CA

THINKPAINTING

Sounds about right for me...........My quote off prints for 3300 sq ft including all the goodies, trim , walls, ceilings, .....$16,875.00 give or take depending on scope of work....

I dont live in Hollywood, are there guys who would work cheaper...........there are,including many who post here......

RCPainting

Sounds good to me also, I'd probably be closer to 13,000. I don't see too many with wood trim around windows or crown, that would be more!

Schmidt & Co

How about telling us how many man hours you have for the job. I'm guessing you have historical data you can use from your past jobs to bid this one?

gsc2k472

I would say that the price is right in the ball park.

birdogron

No way you charged too much. I'm in CA and I can tell you we are barely working. I still would consider that a good price. Don't be the cheap guy and don't feel like you need to be cheap to make money. A general rule of thumb: if you get them all, you ARE way too cheap. Good luck and wish me luck in this CA economy.

birdogron

Beautiful reply. I mean betivulle reepli.

THINKPAINTING

Its not just the CA economy MA sucks as well.

renet

Too high. Too low.

It depends on soooo many factors.

* what type of paint? quality, brand, your price
* new construction, repaint, if repaint - empty or full of stuff to move around and be careful of.
* Who is responsible to move the belongings? How much is there? Anywhere to put it so you actually have decent room to move around without tripping on everything?
* How many coats?
* Do you backroll the 1st coat?
* Spraying the trim or brushing?
* How much prep is needed? Do the customers want the trim to have a fine finish requiring lot's of sanding and prep due to prior painters leaving brush marks, etc.. do they care? Just slap a coat on and your good?
* Is the flooring being replaced and they stipulated in the contract you can get paint all over the floor thus saving time on prepping floor?
* 1 window per room to mask off or 2 per room?
* ceilings: smoke, 1 lamp, 2 vents, 1 fire (rare), speakers, etc.. that need removal or masking?
* what are average Journeyman and trainee wages in the area?

Okay, with these questions answered plus many more that could become part of the bidding process - what should you charge?

Bottom line - it will end up being broken down into man hours + material + profit and overhead. This will translate into a per square foot and per lineal foot basis (for some contractors).

Once you have an idea of industry standard prices for sf and lf than you can usually cross check your bid both ways. Hours/Material/P&L vs. SF/LF and often end up with very similar figures. But, you also need to know the going rate in the area. Some areas residential is $45/hr and others may be $85/hr.

On top of these considerations is reputation. Some customers will not seek other bids. You were referred and that is good enough. Just get the proposal and invoice ready at the same time.

(not patting myself of back). I just recently finished a job where the owner hired our services without a bid and thru the entire job had no idea what I would charge him. We sat down over lunch at end of project and we discussed area hourly rate and the hours and a check was written on the spot.

Much much more can be said on this topic - at a later date.

Be fair, Be reasonable, go for the long haul and build life long clients.

Hope this helps.

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Property Preservation Contractor