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
IF you want to have textured walls or ceilings, expect to pay at least 50% more for the job per square foot: $6-7.5 per sq.ft. Interior paint really varies in price and quality. Cheap paint by brands like Valspar can cost as little as $20-30 per gallon for flat/matte paint. High-end brands, such as Farrow and Ball, that have very high quality pigments that don't fade overtime as well as unique colors can cost as much as $100-120 per gallon. However, you can get very beautiful results and lasting quality with middle of road, trusted brands such as Sherwin Williams and Benjamin Moore (sold at your local Lowe's or Home Depot). Depending the type of paint, these brands cost $40-55 per gallon.
When You Screw Up Will you mess up a couple times? Definitely. More than a couple. I have messed up a lot of painting estimates. But every time we mess up (and we still do), we learn from those mistakes and never make the same mistakes twice. Screwing up and failing is how you learn. Be ready to make never-ending tweaks and adjustments to your estimates. There is no way to be in business and not screw up. Learn to embrace those failures, and learn from them. If you do screw up your bid, that’s ok. You have to price yourself incredibly low to actually lose money. So don’t sweat. Just learn. House Painting Broomfield Colorado
A thorough scrubbing is a must before painting any exterior surface. It removes the dirt and broken-down paint residues that keep fresh coats from adhering and gets rid of mildew that grows on paint in all but the most arid climates. Most contractors clean with pressure washers, but in the hands of someone unfamiliar with the equipment, these can gouge wood, shatter glass, and drive water behind siding and trim. Using a hose, a pump sprayer, and a scrub brush is slower but safer, and just as effective. Broomfield Home Painting
Homeowners report that painting a home’s exterior costs an average of $2,926 with a typical range between $1,735 and $4,122. The average price per square foot ranges from $0.50 to $3.50 depending on your location, condition of your exterior and accessibility. Stucco and brick cost an average of $1 per square foot more than vinyl or wood. The average 2,500 square feet home costs an average of $4,000, though it can range from $1,250 to $8,750. Broomfield House Painting
Or, do I measure each room individually? Say for instance a room is 12 x 12 (width of the walls) x 8 (height of the walls) (384 sq. ft.) , is this the sq footage I charge by? I know I would need to plus and or minus for the doors and windows in the room and also add in the ceiling, but I just want to know would I charge for instance, 384 x $1.25 ? Do I increase the sq. footage when I add in trim, doors, and ceiling? Broomfield Home Painting
Hi Paul, square footage is a big factor, but to ball-park a 4bd 2 bath in poor condition, it could be anywhere from $1.50 to $2 per sq foot with heavy prep. If we say it is 2,500 sq ft. a good price could be between $3,500 – $5,000. That can seem expensive to some people, but again, heavy prep work changes everything. It also depends if you are doing the FULL interior; Walls, Base-boards, doors, is it coverable in 1 coat etc.
It’s been a while but I know I can do the required hours to finish in two days completely, however did I mention I am the only crew for the job. So I tend to bid low and some of the quotes i have read from your posts seemed high, but I am interested in what you would bid and I am on board to give that bid to My client. What’s the worst they can say,,no? Better that than underestimate my time and skills. Signed interested in a sound bid. House Painting Broomfield CO
Hi Kadie, when it’s sort of a piecemeal job like you’ve listed, we recommend bringing your head painter to help estimate. Your foreman, or most experienced painter can tell you how long each item will take. For example: Sanding and Painting 6 doors = 4 hours. 3 window shutters = 1.5 hours etc. After itemizing everything with your painter you’ll get a labor total, like 25 hours. And then charge an amount per hour that includes hourly labor, materials and your profit margin. Lets say all your items take 25 hours and you charge $60 per hour (includes labor, paint, and your markup). You would bill the customer 25x$60 = $1,500. This estimating process is recommended when there are many scattered things to be painted and it’s not just a full repaint. Hopefully this helps, Kadie. House Painting Broomfield Colorado
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 Colorado