steve g
Member
$1800 isn't a bad price, if a machine costs your $15000, and its wore out at 5000 hours and you spent 6 k over that time on repairs and maintenance thats $4.20/machine hour. add in fuel thats another $4.50/hour. a gallon of ultrapak $30 bucks, wear and tear to drive to the job. lets say thats $30/trip. a job of that size I would figure 2 full days. 14 machine hours.
according to my math that is $211.8 is gross expenses. so on an $1800 job thats a gross profit of $1588.12 you still have insurance, phones, advertising, etc, to get to the net profit amount. on the carpet cleaning side, my expenses not tied to a job I figure around $1500 a mo. so on a job that takes 2 days, and I work 5 days a week. so an easy way to figure that is I need to assign about $68/work day to cover those expenses. or in this case $136, so net profit in 2 days $1452, total expenses about $350 for an O/O guy. for the guy that is doing it for $900, he is making $550 for 2 days of HARD work. or $34/hr. ummm I wouldn't work for that. if it was winter time I would do the job for the $1800 and take my $1400 bucks and go home. I would still want more money, if it was in the summer I don't think I would do it for $1800. if you have an employee, you can easily insert those numbers don't forget to add in workmans comp and payroll taxes.
bottom line is both guys make money its just a matter of how much.
according to my math that is $211.8 is gross expenses. so on an $1800 job thats a gross profit of $1588.12 you still have insurance, phones, advertising, etc, to get to the net profit amount. on the carpet cleaning side, my expenses not tied to a job I figure around $1500 a mo. so on a job that takes 2 days, and I work 5 days a week. so an easy way to figure that is I need to assign about $68/work day to cover those expenses. or in this case $136, so net profit in 2 days $1452, total expenses about $350 for an O/O guy. for the guy that is doing it for $900, he is making $550 for 2 days of HARD work. or $34/hr. ummm I wouldn't work for that. if it was winter time I would do the job for the $1800 and take my $1400 bucks and go home. I would still want more money, if it was in the summer I don't think I would do it for $1800. if you have an employee, you can easily insert those numbers don't forget to add in workmans comp and payroll taxes.
bottom line is both guys make money its just a matter of how much.