Strip and re-finishing VCT

If they are supplying the equipment and chemicals maybe give them a 25% discount. It's fairly easy work to do, but it is time consuming so don't let them take you down too low on the price.

I'd say closer to 15% markdown depending on square footage. When I do T&M (time and material), material cost is usually around 15%.

I wouldn't reduce my price too much, VCT work is time consuming.

is this another 70K sq ft whopper? I would block out 6 months to complete it

Seriously man, when dealing with vct, any discount you give needs to be on the order of a traditional Sears "discount".

Mark your top price up by 50%, and then give them a 50% discount.

Dealing with vct is almost all labor. Material and equipment costs are pretty low. Watch out for edges as they build up and you may have to strip twice. Depending on what you will charge per square foot should dictate your discount. Keep in mind that this may lead to further work down the line so whatever you decide should be consistent with what you will do in the future. Hmmm...I wouldn't do the Sears deal.

Hospitals, nursing home and the like are a PIA!!!!! They just want your labor at contract price and then tell you, you can only do 100 sqft at a time at 3 in the morinig..

No discount, they likely have a garbage stripper, won't have good pads, and the times they will want the work done will be bad. Take your own pads at the very least. Their applicator will be shot. Oh, and they probably will have a less than ideal finish.

And if the stripper sucks, you can double the time you're there.

The biggest problem with in house operations is they buff over dirt and wax over dirt for 5 years. Always complete an area first before you commit to a price. You cant tell its 10 layers of finish, it looks super dull.

Been through that booby trap more then once.

1. amount of square feet to strip and finish
2. buy one floor machine just in case, use theirs for a back up. enough profit to buy a machine, buy used, forget a brand new buffer, many on sell to buy a new one.
3. buy the best floor stripper remover on the market, and yes the most expensive will work, fastrip best period, i defy anybody to try it.
4. use a decent floor finish, mostly cost effective, too much solid is good, but harder to use because it is heavy.
5. question for them: who will have to move furniture? who will put back the furniture?
6. how long you have to finish the job
7. buy a wax of finish applicator to do it fast and cost effective.
8. around 1000 sq ft per hour is suppose the average stripping.
9. around 4 to 5 k sq ft for waxing a floor, depending on many factors
10. charge enough money, forget about discounts, you bring your own, chemicals, equipment, and tools, you know your tools to do their job, and sometime experimenting with others will slow you down.

good luck!

Thats still a %25 discount.

$1.00 marked up %50 is $1.50
Then reduced by %50 is $0.75
Total price $0.75

I would give very little discount....maybe just the cost of the wax.
Around $0.01 per coat per foot.

LOL

Yeah numbers are funny like that

Locko - You strip 1000 sf per hour? Even if it's built up? Recently did my first job, all open floor 1700 sf, and it took 6 hrs. Very heavy buildup (we had to do it twice). Spread BareBones, scrubbed with 175 and black pad, then shop vac followed by mop with water.

He does not know your price yet. Raise your pricing 25% then give him a 10% off the first time. If it is a bad experence you have only lost your time. If it works out well you will know better next time.
VCT jobs are unpredictable and can go either way.