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04-11-2007, 01:21 PM
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#1
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Member
Trade:
Painter
Join Date: Apr 2007
Posts: 95
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The size of your business....what's considered small, large, etc...
I was just wondering about different sizes of painting contractors based on revenue.
If you looked at monthly revenue, what do you think would be considered small, medium, and large?
$20,000 a month, $50,000, and $100,000 a month gross revenue?
Obviously your market, whether you are mostly commercial or residential, etc... will all play a big factor.
It seems like most on this board are smaller shops with one or two crews and the owner of the business either doing a lot of painting or at least being heavily involved in most jobs.
What are most people on the board doing a month....$20k-30k?
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04-11-2007, 04:07 PM
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#2
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Pro
Trade:
paint contractor since 1974
Join Date: Feb 2005
Location: IL. 60 miles SW of Chicago
Posts: 328
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Quote:
Originally Posted by SeanATL
I was just wondering about different sizes of painting contractors based on revenue.
If you looked at monthly revenue, what do you think would be considered small, medium, and large?
$20,000 a month, $50,000, and $100,000 a month gross revenue?
Obviously your market, whether you are mostly commercial or residential, etc... will all play a big factor.
It seems like most on this board are smaller shops with one or two crews and the owner of the business either doing a lot of painting or at least being heavily involved in most jobs.
What are most people on the board doing a month....$20k-30k?
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About $8000 a month on average some better some worse. I work alone and try to keep my hours down.
Jim Bunton
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04-11-2007, 04:55 PM
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#3
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Pro
Trade:
Painter
Join Date: Feb 2007
Location: Mn.
Posts: 160
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Only been on my own for a short time now but i have been averaging around 8-10,000
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04-11-2007, 04:57 PM
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#4
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Member
Trade:
Painter
Join Date: Apr 2007
Posts: 95
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That's good for a one man show Jim, nice work.
I'm trying to set some new goals and I'm trying to get an idea of where I need to be.
I know it depends on a lot of factors.
I know George Z could do 600,000 a year or more it sounds like to me (based on the leads he's getting).
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04-11-2007, 05:54 PM
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#5
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Pro
Trade:
Painter
Join Date: Feb 2006
Location: MI
Posts: 490
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I averaged $9333 gross receipts last year with one employee (started last April). I did run slow in late Nov.-early Dec. though.
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04-11-2007, 06:00 PM
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#6
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MODERATOR
Trade:
Paperhanger/Painter
Join Date: Oct 2003
Location: St. Louis, MO
Posts: 6,317
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Usually <10k per month. Raked in close to 14k for March.
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04-11-2007, 06:00 PM
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#7
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My custom title
Trade:
Painting, faux, rock, plaster, texture, tile, laminates, finish carpentry contractor
Join Date: Jul 2006
Location: Tallahassee, FL
Posts: 1,559
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I haven't compiled my stuff yet past second quarter last year... count down to the 14th.. ACK! But, my second quarter closed at 67k last year.
__________________
Benn
Quote:
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Originally Posted by Brian
Paint does a lot more than put color on a surface. It protects surfaces, it can reduce maintenance costs, it can enhance lives.
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04-11-2007, 06:17 PM
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#8
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Pro
Trade:
Painter
Join Date: Feb 2006
Location: MI
Posts: 490
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For reference sake, make sure we mention how many painters typically on the job. For me, I also had one large job (2 months) where I had 3 subs working (they billed to the GC for their labor).
Last edited by DeanV; 04-12-2007 at 06:22 AM.
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04-11-2007, 06:31 PM
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#9
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Member
Trade:
Painter
Join Date: Apr 2007
Posts: 95
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Quote:
Originally Posted by DeanV
For reference sake, make sure we mention how many painters typically on the job. For me, I also had one large job (2 months) where I had 3 subs working.
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Yeah, that's going to very. If one guys doing an apartment complex with 15 men on the payroll, that's going to be much different than a 2 or 3 man operation doing $15 a month.
Brushslinger....~$23k a month looks pretty good. Is that one 3 man crew or more/less?
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04-11-2007, 06:56 PM
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#10
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MODERATOR
Trade:
Paperhanger/Painter
Join Date: Oct 2003
Location: St. Louis, MO
Posts: 6,317
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You can count me as 1 1/2 men right now.
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04-11-2007, 06:57 PM
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#11
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My custom title
Trade:
Painting, faux, rock, plaster, texture, tile, laminates, finish carpentry contractor
Join Date: Jul 2006
Location: Tallahassee, FL
Posts: 1,559
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Quote:
Originally Posted by SeanATL
Brushslinger....~$23k a month looks pretty good. Is that one 3 man crew or more/less?
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That was one 3 man crew plus me, with a helper for two weeks at one job. Most i've ever run is 7.
__________________
Benn
Quote:
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Originally Posted by Brian
Paint does a lot more than put color on a surface. It protects surfaces, it can reduce maintenance costs, it can enhance lives.
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04-11-2007, 07:12 PM
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#12
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Professional Painter
Trade:
Owner/Operator
Join Date: May 2006
Location: Serving CT & RI
Posts: 1,306
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Quote:
Originally Posted by SeanATL
It seems like most on this board are smaller shops with one or two crews and the owner of the business either doing a lot of painting or at least being heavily involved in most jobs.
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I'm sure we are all differ depending on our size, ability, jobs, rates, etc. But it does seem that most of us are the owner/operator type doing small to medium sized jobs.
I run between $6k-$8k per month on average. This is based on myself doing all the estimating, marketing, labor, etc. I am working 60% repaints, 20% new construction, 20% misc.
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04-12-2007, 05:56 AM
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#13
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Pro
Trade:
Painting Contractor
Join Date: Dec 2004
Location: Toronto
Posts: 1,825
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Quote:
Originally Posted by SeanATL
That's good for a one man show Jim, nice work.
I'm trying to set some new goals and I'm trying to get an idea of where I need to be.
I know it depends on a lot of factors.
Quote:
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I know George Z could do 600,000 a year or more it sounds like to me (based on the leads he's getting)
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Or more... If I can hire enough good people fast enough.
I was only forecasting $300.000 this year. I will have to adjust my plans.
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04-12-2007, 06:36 AM
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#14
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nick@nite
Trade:
Painting
Join Date: Feb 2007
Location: Mass/RI
Posts: 470
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[quote=SeanATL;225228]I was just wondering about different sizes of painting contractors based on revenue.
If you looked at monthly revenue, what do you think would be considered small, medium, and large?
$20,000 a month, $50,000, and $100,000 a month gross revenue?
Obviously your market, whether you are mostly commercial or residential, etc... will all play a big factor.
It seems like most on this board are smaller shops with one or two crews and the owner of the business either doing a lot of painting or at least being heavily involved in most jobs.
What are most people on the board doing a month....$20k-30k?
After you brought in your gross recipets--what percent was profit or salary after all your overhead. Its easy to stay busy with work especialy if your price is to low....
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04-12-2007, 10:43 AM
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#15
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Member
Trade:
General Contractor and also commercial Drywall and Painting
Join Date: Dec 2004
Location: VA
Posts: 58
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From painting only about $40,000 a month.
Our company is owned by my father, my brother, and I. We are subcontractors for bigger GC, so we don't do any in-home stuff or any of the labor ourselves, we used to do it when we first started it but now we have people to do that, so if you are doing about the same as us and doing the work yourself you are probably making more of a profit.
So I say we are medium size for painting.
Most of our business comes from drywall and renovations but that's not what you asked.
Last edited by NSolano; 04-12-2007 at 11:07 AM.
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04-14-2007, 09:30 AM
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#16
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Pro
Trade:
Painting Contractor
Join Date: Dec 2006
Location: New Jersey
Posts: 293
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I am not going to mention how much monthly/yearly, but we have 15 guys that work every day, wife in the office answering calls and billing, ect, and two estimators, five vans, a trailor, two trucks, wifes suv....
Put it this way, we need a lot of work and have a lot of work to remain in great standings at the end of the year. 16 year and have never lost money- yes I am knocking on wood as we speak
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04-14-2007, 06:45 PM
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#17
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Pro
Trade:
Drywall
Join Date: Feb 2007
Posts: 129
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George Z, Premier - way to go  ! I love the small business spirit. Keep up the great work, and enjoy yourselves!
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04-14-2007, 08:26 PM
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#18
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Professional Painter
Trade:
Owner/Operator
Join Date: May 2006
Location: Serving CT & RI
Posts: 1,306
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Quote:
Originally Posted by premierpainter
I am not going to mention how much monthly/yearly, but we have 15 guys that work every day, wife in the office answering calls and billing, ect, and two estimators, five vans, a trailor, two trucks, wifes suv....
Put it this way, we need a lot of work and have a lot of work to remain in great standings at the end of the year. 16 year and have never lost money- yes I am knocking on wood as we speak
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Wow man...talk about a good run and a whole crapload of equipment! I wish you all the luck, sounds like you are a very reputable company with many good years ahead.
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04-16-2007, 06:39 AM
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#19
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Pro
Trade:
Painting Contractor
Join Date: Dec 2006
Location: New Jersey
Posts: 293
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Quote:
Originally Posted by Paintguy26
Wow man...talk about a good run and a whole crapload of equipment! I wish you all the luck, sounds like you are a very reputable company with many good years ahead.
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Crapload is correct. Now we are pushing more for the remodeling path and will keep painting, but there is more $ in bathrooms and basements reno's. We get more money to install crown in a room then to paint the room...it is a crazy business we live in
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