Hello, I am a project manager with Fields Construction Company based in Hoboken, NJ. We are in the process of compiling a list of bidders for a job we have been awarded in Stamford, CT. The building is a 648-unit apartment building on 5 floors over transfer slabs, with 11 buildings over 1 common shared parking garage and garage entrances on 2 street facades. It is a wood framed building that will feature a café, leasing area, fitness center and landscaped courtyard, among other elements. We are looking for painting contractors who consistently perform work in the area and would be able to handle a job of this size and nature. We are scheduled to start site-work on the project this month. Please let me know if this is something you're interested in bidding and we'll discuss further. Thank you very much, Greg House Painting Broomfield CO
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 House Painting
People use different estimating tools like templates and calculators to calculate the cost for a painting job. Select estimating tools that are easy to use and works for you. People need estimating tools to calculate the cost of painting for car and interior or exterior house painting. Sometimes hiring a professional painting estimator is very costly. We make this work easier with these editable and printable painting estimate templates.
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.
Hi Kim, we’re glad you like the site. You’ve asked a really good question. We recommend keeping a consistent pricing structure no matter what the area. Some painting contractors will try to raise their price if the area is very affluent, but if you have a consistent estimating system, the pricing should take care of itself. More affluent areas usually have larger houses, so your pricing is already going to be higher when considering the job size. You shouldn’t price based on what the area is, but rather, what do you need to charge to make your target profit margin. House Painting Broomfield Colorado