John/Ken
Skimming through this - maybe you guys are not getting each other. . . .?
Operational cost per hour for your biz - and operational cost of your TM/ hour - 2 totally different things. The latter is only a part of the first.
Looking at one of mine, PC
Everest, 2400 hrs - up to that point, not including a tech, just cost of machine, fuel, and service costs, $15.05/hr. Factor in that I sold it for about 20k - now it cost me $6.75/hr - and that is a REAL number, it's the end number - (which is why resale should be a consideration for all TM buyers, as well as the "right time" to sell and move on to a new machine - for me, when it's depreciated fully tax wise). And you really can't get that final number until the TM is dead or sold, only an up to the day cost.
Operational cost per hour for my firm, TOTALLY different number, and the above is one part of that, and by far the smallest part. I'd be retired by now if my operational costs were 6.75/hr, or even that 15.05/hr. This is the one that you have to factor everything in, TM operational cost, labor, labor tax's, use tax/property tax on equipment (where applicable), all vehicle related costs, advertising, location overhead, insurances, legal costs, etc etc etc. I have different operational costs per hour established for every "division" of my firm, in house area rugs cleaning, resi cleaning, commercial cleaning, and each restoration sector, water, fire, mold.
So are you two on the same page - seems maybe not?
Ken and the others stating the low #'s as operational cost - is it just the TM operational hrly cost, or your firms overall /hr operational cost?