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Profit & Overhead

 
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mcampisi



Joined: 11 Feb 2006
Posts: 5
Location: Colbert
PostPosted: Wed Sep 06, 2006 6:38 pm    Post subject: Profit & Overhead Reply with quote
Just curious...what is typical profit and overhead (percentage) that is added to the cost of a renovation?
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stevedrake



Joined: 15 Jun 2006
Posts: 36
PostPosted: Tue Sep 19, 2006 9:50 pm    Post subject: Profit and overhead Reply with quote
Typical is 10% profit and 10% overhead. There is no set rate as that would constitute price fixing. The rates are neg., often there is margin placed in the estimates for overruns, etc.

Steve Drake
Restore-Tech, LLC.
La. licensed and fully insured General Residential Contractors
504-975-1368 or 985-869-7838

_________________
La. licensed, fully insured General Contractor.
Restore-Tech, L.L.C.
504-975-1368 or
985-869-7838
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