Pricing Demolition Jobs
Demolition jobs can be affordable as long as you know how to properly price them. Here are some tips to help you price your demolition projects accurately.
1. Research Demolition Costs
Before you set a price, research what other demolition companies charge. Visit the websites of local demolition companies and look at the prices they quote for different types of demolition jobs. You’ll want to include a reasonable margin in your pricing to cover the cost of labor and materials.
2. Know Your Costs
Calculate your costs of labor, materials, machinery and subcontractors. Determine the length of time it will take to complete the job. All of this information should be included in your pricing to ensure you make a profit.
3. Consider Hazardous Materials
For projects that involve hazardous materials, such as asbestos, always factor in the cost of removal and proper disposal. This can add significantly to the overall cost of the job and needs to be factored in to ensure you’re making enough to cover your expenses.
4. Get Quotes From Subcontractors
For complex demolition jobs, you may need to hire subcontractors to help with the project. Get quotes from different subcontractors to get a better idea of how much they will charge. Be sure to factor this cost into your pricing.
5. Negotiate Fairly
When negotiating a price, be fair and reasonable. A job that may cost you more than anticipated needs to be factored in to the price. Respect your customer’s budget and negotiate in a way that benefits both parties.
Pricing demolition jobs doesn’t have to be complicated. With proper research, accurate calculations and fair negotiations, you can ensure you’re making a profit on every project. Just keep these tips in mind, and you’ll be able to price your demolition jobs accurately and successfully.