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Question DetailsAsked on 10/17/2013

To replace the Roof on an average Home in Tampa - Is there a way to find out what the Costs Should Be?

With a discount or promotion from an Angie's Provider (e.g. 50% off the Cost to repair or replace the 'complete Roof') - Is there a Realistic Range an Owner should expect to pay for your average Roof - no Tile, Shaker's, etc.?

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3 Answers

-1
Votes

Check the prior similar questions about asphalt shingle and metal roofing cost in the Home > Roofing link right under your question - there are a lot of responses in there about cost and other roofing issues.

Answered 6 years ago by LCD

0
Votes

Well I can give you 50% off if I raise my prices, best to get a couple of quotes. It sounds like a going out of business sale to me since most business need to make 30 to 35% profit after material and labor it doesn't sound like they will be able to do the job at 50% off.


Best of luck with your project


Richard Jeziorski

www.libertyroofing.info

Answered 5 years ago by LibertyRoofing

0
Votes

Before people start screaming bloody murder about contractor profit rates, I would like to clarify something about what Richard from Liberty Roofing said. He said a company needs to make 30-35% profit to stay in business. I am sure he meant to say 30 - 35% COMBINED OVERHEAD AND PROFIT, with the profit portion commonly being in the 10% target range in a bid and commonly coming out to be more like 5% of gross receipts on average nationally. Overhead is the markup percentage needed on top of labor and materials to cover place of business, licensing fees, employee training and certifications, vehicles and equipment and fuel, insurance, bonding, government burden, employee benefits and employer and employee taxes and unemployment and disability insurance and social security taxes, legal and accountant fees, costs of doing proposals, employee satisfaction and warranty work and costs, lot time dealing with clients who do not end up signing a contract, labor for missed appointment time, cost of maintaining a stable workforce even though there may be gaps in the workload, weather delays, etc.


Richard indicated or implied a flat markup applied uniformly on materials and labor - some do it that way, which is also why many contractors do not like showing clients their actual materials cost - because most clients think a 35% markup, say, is going totally to profit - not so.


Alternatively, many contractors charge overhead only on the labor, and only say a 10% handling fee on materials and subcontractor payments. It is very common to charge 10% on materials to cover the cost of actually finding the supplier and right materials, doing the ordering, picking it up or handling delivery, warehousing till used, occasional returns needed (typically with a restocking fee), and carrying cost on the amount paid for the materials until the client pays - the cost of use of the money. For those contractors, overhead applied to only labor commonly adds up to more like a 50% or higher total of overhead + profit applied to labor.


For highly technical professionals or those with a lot of specialty equipment, and for design professionals like engineers and architects and surveyors and such, overhead tends to run more like 100% because they have higher benefits costs than contractors, and also spend a LOT of money doing lots of unpaid proposals for projects, commonly getting only about 1 in 10 to 1 in 20 that they propose on, so their overall cost of business is higher. They also tend to operate over a wider area from a given office, so travel and overnight expenses related to site visits and proposal work tend to be higher also, and many design professionals pay professional certification and licensing and business license fees in many jurisdictions, all contributing to higher overhead costs.

Answered 5 years ago by LCD




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