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#1 |
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Member
Trade: Painter
Join Date: Apr 2007
Posts: 96
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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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#2 | |
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Pro
Trade: paint contractor since 1974
Join Date: Feb 2005
Location: IL. 60 miles SW of Chicago
Posts: 348
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...Quote:
Jim Bunton |
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#3 |
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Pro
Trade: Painter
Join Date: Feb 2007
Location: Mn.
Posts: 168
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
Only been on my own for a short time now but i have been averaging around 8-10,000
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#4 |
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Member
Trade: Painter
Join Date: Apr 2007
Posts: 96
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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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#5 |
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Pro
Trade: Painter
Join Date: Feb 2006
Location: MI
Posts: 608
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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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#6 |
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Back from the dead...
Trade: Paperhanger/Painter
Join Date: Oct 2003
Location: St. Louis, MO
Posts: 6,544
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
Usually <10k per month. Raked in close to 14k for March.
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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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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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.
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#8 |
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Pro
Trade: Painter
Join Date: Feb 2006
Location: MI
Posts: 608
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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 07:22 AM. |
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#9 | |
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Member
Trade: Painter
Join Date: Apr 2007
Posts: 96
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...Quote:
Brushslinger....~$23k a month looks pretty good. Is that one 3 man crew or more/less? |
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#10 |
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Back from the dead...
Trade: Paperhanger/Painter
Join Date: Oct 2003
Location: St. Louis, MO
Posts: 6,544
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
You can count me as 1 1/2 men right now.
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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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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
That was one 3 man crew plus me, with a helper for two weeks at one job. Most i've ever run is 7.
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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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Re: The Size Of Your Business....what's Considered Small, Large, Etc...Quote:
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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#13 | ||
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Pro
Trade: Painting Contractor
Join Date: Dec 2004
Location: Toronto
Posts: 1,836
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...Quote:
I was only forecasting $300.000 this year. I will have to adjust my plans.
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Toronto Painters Commercial Painting Commercial Painting Toronto Toronto Office Painters Painting Toronto Blog |
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#14 |
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nick@nite
Trade: Painting
Join Date: Feb 2007
Location: Mass/RI
Posts: 1,027
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
[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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#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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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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 12:07 PM. |
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#16 |
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Pro
Trade: Painting Contractor
Join Date: Dec 2006
Location: New Jersey
Posts: 298
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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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#17 |
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Pro
Trade: Drywall
Join Date: Feb 2007
Posts: 129
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
George Z, Premier - way to go
! I love the small business spirit. Keep up the great work, and enjoy yourselves! |
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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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Re: The Size Of Your Business....what's Considered Small, Large, Etc...Quote:
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#19 |
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Pro
Trade: Painting Contractor
Join Date: Dec 2006
Location: New Jersey
Posts: 298
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Re: The Size Of Your Business....what's Considered Small, Large, Etc...
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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