HI Folks, I looking into repaving my driveway. I want just a new smooth top
coat , No extra repair work needs to be done. The total is about 1200 square
feet. One contractor gave me a price of $2 a square foot and about 2-3 hours
to complete the job.
I'm trying to calculate estimated cost would be for the contractor, So that
I can negotiate a fair price. Some variables that I need, Approx $40-$50 per
ton for the asphalt, How mush is needed? , 3 Laborers for 2-3 hours, Cost to
run and transport the equipment, ect ect.
Thanks in advance.
Don't forget the purchase and up keep on the equipment too. His raw cost is
probably 1/4 or less of what he wants to charge you. By the time you add all
the extra costs of doing business, if he is lucky, he will clear maybe
10-15%, or about $350. Many people forget that the 2-3 hour job may require
$250,000+ worth the equipment to do the job.
If you want to make sure you are getting a good price, shop around, get a
few more quotes.
Yeah, right. The guys I see doing driveways have clapped-out old screeds
and trucks and rollers that leak hydraulic oil all over the streets. They
must have upwards of $20K invested in that stuff. Take a look a local
equipment auctions or on eBay what those used machines bring.
The best way to shop for paving work is to go the asphalt plant and ask the
plant management for references of who does good work at fair prices on
*small jobs*. The best contractors tend to stay away from anything smaller
than an 747 runway, and the low-end driveway business is rife with ruthless
crooks with a government license and book full of smiling testimonial
Be sure to factor in Workman's Comp insurance. Liability insurance, benefits
for his labor, holiday and vacation pay, fuel, payroll taxes, rent for the
garage where he keeps his equipment, office help, payroll services, shop
supplies, cleaning equipment, office staff, utilities, property taxes, and
probably a few more things I've not hit yet.
You are wasting time that could be used to get other estimates.
The cost of materials and labor for a job like this is a very small portion
of the actual cost of doing business.
If you spewed a bunch of that crap at me, I would wish you well and walk.
I'm not in that business, but I don't negotiate my prices. I only offer one
level of service and it is first class. The rates are published and I never
discount them to someone who negotiates. I sometimes discount them to
people who could use a break.
The price is too high. We did our driveway 2 years ago. We had a new smooth
top and they had to smooth out the driveway near the garage (if not the
driveway would be higher than the garage floor). In addition we added the
extended driveway so we can park the 3rd car without blocking the garage for
Shop & ask around, you will find out the difference would be significant.
I agree with the advice to just get a couple more estimates from
reliable contractors. To try to work backwards and calculate all
kinds of costs and what a fair profit, is, etc. for a small job like
this doesn't make sense.
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