Reply by 1thumb

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Posted on Fair price for a table?

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395 posts in 3239 days

#1 posted 03-08-2021 10:28 PM

2x materials or actual T&M. Or cost only for a “friend”

- Madmark2

i m at 4x materials for a finished product

- 1thumb

Could someone explain the rational for making a big profit off some materials.
I am not a professional. I am not condemning the 2x or 4x on materials.
I understand costs of storage and having immediate access as a pass on-cost.

Scenario A cabinet with two doors. Two sets of Busso Hinges at $23.20 a set. (Lee Valley).
Total cost$46.40, 2x material $92.40 or 4x $185.60 Profit for 2×46.40 or 4x $139.20
That s a lot of increase.

If a bookcase was built with no hinges or hardware .... no additional profit

Other trades do similar, auto repair for one. Just never understood why the tradesman is entitled to this.

- 987Ron

i use it as a formula. 4x material + time to get materials+ delivery and installation. Price hinges, drawer slides, hardware different. if building a cabinet which has $200 of veneered sheet goods and 1 bys, I’m at $800 plus hardware cost, time to install hardware, + getn materials, del and install

-- I actually have two thumbs

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