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  • FIRST POST
    • carpetseller
    • By carpetseller 20th Sep 16, 8:22 AM
    • 44Posts
    • 72Thanks
    carpetseller
    Overhead & Profit
    • #1
    • 20th Sep 16, 8:22 AM
    Overhead & Profit 20th Sep 16 at 8:22 AM
    I've just started to get quotes for a 27m sq single story extension & one includes overheads of 9% & a profit of 15% does that seem to be OK.
Page 1
    • krey
    • By krey 20th Sep 16, 11:13 AM
    • 76 Posts
    • 18 Thanks
    krey
    • #2
    • 20th Sep 16, 11:13 AM
    • #2
    • 20th Sep 16, 11:13 AM
    that's just some BS, if it were true than yeah it would be OK, actually no , the company doing it would go broke within a month from working with 15% profits in construction
    could it be an extra 15% surcharge on their profits- yup...
    • southcoastrgi
    • By southcoastrgi 21st Sep 16, 10:47 PM
    • 4,964 Posts
    • 2,884 Thanks
    southcoastrgi
    • #3
    • 21st Sep 16, 10:47 PM
    • #3
    • 21st Sep 16, 10:47 PM
    that's just some BS, if it were true than yeah it would be OK, actually no , the company doing it would go broke within a month from working with 15% profits in construction
    could it be an extra 15% surcharge on their profits- yup...
    Originally posted by krey

    So what would say is an acceptable profit ? Because in another thread you seem to think the OP is getting ripped off & suggest buying the materials herself therefore taking all of the installers profit & moaning that getting an engineer to stop you killing yourself isn't worth the small amount you paid them ?
    Last edited by southcoastrgi; 21-09-2016 at 10:51 PM.
    I'm only here while I wait for Corrie to start.

    You get no BS from me & if I think you are wrong I WILL tell you.
    • Furts
    • By Furts 22nd Sep 16, 6:36 AM
    • 2,890 Posts
    • 1,822 Thanks
    Furts
    • #4
    • 22nd Sep 16, 6:36 AM
    • #4
    • 22nd Sep 16, 6:36 AM
    I think it is very open and up front for the figures to be stated in the manner they are. Admirable, but from a contractors perspective but perhaps foolish because countless consumers do not want to consider, then pay, profit.

    I also think the figures excellent and know the 15% could be much higher.

    I have a couple of small repair jobs going on where it could be argued the overhead figure is over 100%.
    • carpetseller
    • By carpetseller 22nd Sep 16, 8:14 AM
    • 44 Posts
    • 72 Thanks
    carpetseller
    • #5
    • 22nd Sep 16, 8:14 AM
    • #5
    • 22nd Sep 16, 8:14 AM
    I think it is very open and up front for the figures to be stated in the manner they are. Admirable, but from a contractors perspective but perhaps foolish because countless consumers do not want to consider, then pay, profit.

    I also think the figures excellent and know the 15% could be much higher.

    I have a couple of small repair jobs going on where it could be argued the overhead figure is over 100%.
    Originally posted by Furts
    Thanks for your reply I thought the quote was fair I just wanted to get other peoples opinion of the profits & overheads. The quote was £21,000 for a 27m sq block on block single floor shell (including profits & overheads) & I'll be contracting the other trades myself.
    • HaydenB
    • By HaydenB 12th Oct 16, 10:21 AM
    • 127 Posts
    • 39 Thanks
    HaydenB
    • #6
    • 12th Oct 16, 10:21 AM
    • #6
    • 12th Oct 16, 10:21 AM
    the company doing it would go broke within a month from working with 15% profits in construction.
    Really??? Not in my experience.
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