Hi Conaz, good question. There’s a really good breakdown of all painting equipment (cost, supplies list etc.) here . As far as your other costs, I would break it down into categories, similar to how an accountant would do it: Marketing Expense, Insurance/Workers Comp., Gas/Mileage. Once you’ve discovered this monthly overhead you can determine your markup. We always try to make 40-50% gross profit on a paint job before any other expenses. Your net profit will be determined by the size of your business. For example, one painting company with 40 employees may only have a net profit of 10%, but a smaller operation; One owner and one crew may have a net profit of 35%. You should decide beforehand what you want to make per job, factoring in all your costs, and then create a consistent bidding process to make what you want. Broomfield Home Painting
We recently went from being a custom residential painting company to also painting apartments (we have a college town nearby and there is a LOT of off campus student housing). These are often not well taken care of. Most also want brush and roll because of over spray. What would be a good price for a 4 bdrm 2 bath? Or a 5 bdrm, 4.5 bath that has three floors of living space? Thanks.
I’m buying a house and closing on May 6th. We need the entire interior painted, It’s 2179 square feet and the home will be empty of all furniture when the painting is to be done. There is minimum prep work as far as nail holes, and one spot from water damage that will need some prep work. It’s a two story house with 3 bedrooms upstairs, and the foyer goes up to the second floor. I would like the paint to be high quality, egg shell, washable. House Painting Broomfield CO
Hi Chandler, This is such a great blog. I have spent some time reading the comments and find it so interesting. While reading the request from some people i kept thinking is there some way i can help. I myself have been painting and plastering over 26 years and have gained a lot of knowledge in my time. Over the last 12 years i have concentrated my efforts on Scoping measuring and quoting. Over that time i have designed a program that can measure labour, material, travel, margin etc. Weather it be interior, exterior painting or plastering anything realy. I am from New Zealand. We measure in Metric and Liters not imperial and gallons. This is not a problem as i can easily change the formulas to give me the correct measurements. The price of paint and materials are alot different in New Zealand too, but not to worry as i can also change the formulars in the forward costing tab so were reading from the same page. Please let me know if i can help and please delete if this is not the place for me to inquire. Broomfield House Painting
It is a good practice to discuss this cost with other professionals for the second opinion. No matter whether you want to paint the interior or exterior, the important thing is to estimate the painting cost to know whether the estimated price is affordable or not. You can find here a list of different painting estimate templates and select that fits your needs. Small business owners want to know the cost or required time to complete a project before starting it. To accomplish a task, it is essential to roughly do it on paper to know the expected time and cost. Estimation is not an easy task that can be performed by every person; it is an important skill that is perfectly done with estimating calculators and templates. You can download these templates and customize them according to your needs.
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Our highly skilled and experienced house painters can transform the interior or exterior of your home into a work of art you’ll be proud to show off to your guests. Our home painters follow a time-tested process that involves paying attention to the smallest details. We also work quickly and efficiently, while making every effort to minimize disruptions to your family’s lifestyle. And when you factor in our affordable rates, it’s no wonder that Shoreline Painting is homeowners’ top choice when searching for professional painters in CT. Broomfield House Painting
Very nice blog. Pretty good information. BTW, how do you estimate the equipment cost for a painting project? You might have spray machines bought 3 years ago or may be renting such machines. So how much equipment cost will you charge for a given project? Also how about the overhead cost – like insurance, rent, ad, vehicle, utility, salary…etc… ? How do you figure out how much overhead cost to be charged on a given painting project?
So I have an odd question. Ive been painting for years but this is the first time I have run into this issue. I have a client who has some concrete block walls in his basement he wants painted. The issue is that the walls do not complete a room so there is no way to calculate the square footage as a footprint. However the total wall length is 140 feet by 8 feet high. So how do i calculate labor since I can’t determine the square footage of a room? Do I use the square footage of the surface area of the walls at 140 feet long X 8 feet high? And if so what do I charge per square foot for the surface area? Again this only labor, the client will be buying the block sealer/primer and paint. For a reference, if I was painting a 400 square foot room I would charge 2 dollars a square foot labor. So based off of what I charge using the square footage of the footprint of a room how do I determine what to charge when I cant calculate by the footprint of the room? House Painting Broomfield Colorado
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