Ken Fenner
Active member
I still want a 911 solely as a discretionary toy. I guess its another year of pressure washing (or ten)
I still want a 911 solely as a discretionary toy. I guess its another year of pressure washing (or ten)
So I am curious...what does he do Scott to bring that kind of money in? :biggrin:
yes Don i think it is easily possible. We did $85k our first year and $120k this last year and if you saw how many days we actually worked you wouldnt believe it. We averaged about 7-10 jobs a month, total. If we can bring in 65% more work or 6.5 new jobs a month we can break 200k and still have plenty of leisure time.My goal is to have no liesure time and break $400k within a couple of years from now.
(we are talking gross numbers right?)
yes Don i think it is easily possible. We did $85k our first year and $120k this last year and if you saw how many days we actually worked you wouldnt believe it. We averaged about 7-10 jobs a month, total. If we can bring in 65% more work or 6.5 new jobs a month we can break 200k and still have plenty of leisure time.My goal is to have no liesure time and break $400k within a couple of years from now.
(we are talking gross numbers right?)
Don, no 99% of our work is residential, only a few jobs were commercial.
Ken, I don't plan it with 1 crew. I plan on it with multiple crews. Only way I can do it with 1 crew would be to land a dozen or so apartment complexes, which are a PITA to close.
That's what I mean, it would be next to impossible to wash 400k with 1 crew. Only way I could think of would be a bunch of apartment complexes which my crew could do. My plan is to do it with 3-4 crews as well. We just need the volume which we can't seem to drum up.
If I could spread the jobs out instead of them being stacked on top of each other for 6 months instead of over 12 months, I could do 500K with two crews and thats at our crummy pricing that's going on now. I have to have the third crew because most of my work is in a 6-7 month period and just can not get it done with just two crews. I have had my 3rd trailer sitting not working about 6 months this year
Its weird, I have less man hours = less payroll this year by far, but our numbers are only down by about 30K all in all it looks like I made more money this year in my pocket. I will know better soon, after I go over everything with the accountant. It sure does help to have efficient crews
Now residential if the work is there I can see two maybe 3 crews doing 500K. But to drum up enough of work, I would think pricing would actually have to be lower than what you would usually do, just to capture more market share. But then again that's our market here in SC. I dont think there's enough higher end work to be captured by one company to get you to 500K around here or much of the southeast
Even established companies, would have to put a lot every year into advertising and return work to stay around or above 500K
Good luck all in 2010
I see many talk about gross revenue numbers and ability to reach them. If you give your client the ultimate service experience and ASK for referrals on top of Target Markeing you should be able to achieve your sales goals. The only number that truly defines ones successs is PROFIT.
It is about what you get to keep at the end of the year not how much gross revenue your did.
I am extremely new to this industry so I am not sure what would be expected average profit margins.
I know this I will soon learn from this forum.
I swear to god this is not me using a different screen name.
Hallejuhah! another business person that gets it. Margins can be very sweet in this industry depending upon which stream of revenue you chase. Resi guys should be averaging about $200/hr per crew. Commercial guys $70-$100. The specialty industrial cleaners/ restoration co's with the right certs can bill at $600/hr per 3-man crew.