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#21 |
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Senior Member
Join Date: Oct 2008
Location: Chicago, IL
Posts: 1,574
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Re: Let us talk about markup...
You're not telling me anything I don't know. But if you're not also marking up materials and incidentals, I can't ever agree. Using a % across the board is acceptable for average jobs. It doesn't really matter what that average is.
If you look at an average roof, and know you're required markup for that roof, you can save a ton of time estimating. However if a job isn't average then you have to do the math the long hard way. I'm not saying you should markup the labor and materials the same, intact you will see where I suggested I may be marking up my materials too much, but any expense I incur gets marked up period. |
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#22 |
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Junior Member
Trade: Roofing company owner
Join Date: Jan 2010
Posts: 26
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Re: Let us talk about markup...
Ok i have a flu bug not out in field today so im reading post this one is making my head hurt even more.
But here is the way we do it. We are a small yet pretty profitable company. adv sales 1.5 to 2 mill a year. i have my set price per sq in my excel break down for my total charge of roof. then in another colum i have total cost tyipcal my gross profit after each job is between 25 and 30 % gross profit (just looked on up) basic 18 sq roof 3800 cost with 1250 profit so 32 % profit on that one job how ever i dont have my marketing figured into that. I would say with the marketing im doing that my profit per job is about 7 to 10 % i do make more on a 30 year vers 25 year. not much but about $7 to $10 a sq more in profit. Less now with all the flipping price increases. i think im rambling now and prob made no sense lol interesting topic though |
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