Help With Pricing

Horizontal smokers with a side firebox and tuning plates.
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Brisket Envy
has a junk pile that will one day smoke LOTS of BBQ
has a junk pile that will one day smoke LOTS of BBQ
Posts: 74
Joined: July 30th, 2014, 5:47 pm

Help With Pricing

Post by Brisket Envy » September 2nd, 2020, 3:00 pm

I have an acquaintance who has a 500 gal tank, a 250, and a trailer.
He will furnish all of the steel for the project.
What is the $$ value of the labor involved in building a direct-flow smoker with 1/2 of the 250 for a firebox, mounted on a trailer?
He is having it built to sell.
I am old and slow, so charging by the hour is out of the question 😆. Sliding double racks, and probably a firewood bin.
I am retired, so my time is not worth all that much, but since he is having it built to sell, I wouldn’t mind actually making a few dollars on this one.

Thanks!!



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Big T
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Re: Help With Pricing

Post by Big T » September 2nd, 2020, 8:31 pm

That's a tough call if you can't charge for your time that you invest in the project. You might come out better to negotiate a percentage of the sale price, especially since the time to build it could vary greatly depending on the spectrum of the build.


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towtruck
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Re: Help With Pricing

Post by towtruck » September 2nd, 2020, 10:03 pm

Figure in your consumables cost, power bill, and some wear and tear on equipment. Ask for that money up front. Then negotiate for a % of the profits when it's sold.



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Dirtytires
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Re: Help With Pricing

Post by Dirtytires » September 3rd, 2020, 10:29 am

Your time is worth something. As is the collection of tools, knowledge and materials you will undoubtedly pull from your own shop. I wouldn’t touch it for much less than $2000 but really would depend on the condition of the tanks and how much time it would involve for what he wants.

It is hard to price things out as a non-professional as we never think our time is not worth anything...but it is.



Brisket Envy
has a junk pile that will one day smoke LOTS of BBQ
has a junk pile that will one day smoke LOTS of BBQ
Posts: 74
Joined: July 30th, 2014, 5:47 pm

Re: Help With Pricing

Post by Brisket Envy » September 3rd, 2020, 10:34 am

Thanks, Dirtytires.
You are right.
I tend to price things stupidly low, while watching others price their stuff stupidly high, and getting what they ask.
I guess there is truth in the notion that if we don’t value our time and years of experience, others won’t either.



tinspark
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Re: Help With Pricing

Post by tinspark » September 3rd, 2020, 4:34 pm

Re asking for a percentage of sale price, and DT's estimate:
You would definitely need to be able to trust him that he's not going to S@$&w you on telling you the final sale price if your are only getting a percentage..
When I went to a new doctor a few years ago, she told me, "two people you don't lie to, God and your Doctor."
I think she was just trying to make me laugh, which I did. She had a lot of balls though saying that with my old lady sitting next to me.. HA!
In the end you will be doing a LOT of work and you don't wanna feel like you gotten taken advantage of... No joy in that.
I have turned down many jobs from friends because I didn't wanna charge em' what I am worth. I have told them how many hours of labor it takes for a given job and then asked them how much they are willing to pay. It's easy that way to let them put a value on my time, skills, experience and machinery, non of which they possess. With this approach, I then could negotiate from there.. In reality, People in my neck of the woods settle for $300 Home depot smokers, and I have steered them in that direction, because I think they expect it cheaper from me after talking with them! Frank was saying on a recent Podcast that for his free plans, material alone is $1500. I am guessing that it'd take me probably 40-60 hours of labor to build a 24x48 stick burner RF, and maybe 10-20% less for an offset in my home shop. Most small shops around here charge between $75-$100 per hour, and the bigger Union shops $125-$150 per hour plus materials. So, I figure $50 and hour x 40 hrs is $2k @ 60 hrs labor $3K. I think DT is about right on his "guesstimate, and maybe a little low..
As a side point, I overheard one of our customers at work several years ago complain about our shop rate, and our estimator asked him, " how much does an automotive mechanic charge per hour? $125 Per hour at most places around here, all of our guys go through a minimum 5 years training plus welding school" We got that job, and the customer got the point.
In a sorta selfish way, I am kinda glad not many in my area are willing to pay that much for a smoker, and settle for cheap stuff, because they really get what you pay for. Those who pony up, and are willing to pay the price for a quality, well engineered cooker also get what they pay for. Quality cooks for a lifetime and likely their children's lifetime. My smokers will outlast me!! IMHO..


Regards,
"tinspark's" build links below:
Last build-GF:https://smokerbuilder.com/forums/viewto ... 30#p114730
First build- Santa Maria Smoker:
https://smokerbuilder.com/forums/viewto ... 7a614a230a
Santa Maria Rebuild: viewtopic.php?f=17&t=7533&p=112344&hili ... 34#p112344

Brisket Envy
has a junk pile that will one day smoke LOTS of BBQ
has a junk pile that will one day smoke LOTS of BBQ
Posts: 74
Joined: July 30th, 2014, 5:47 pm

Re: Help With Pricing

Post by Brisket Envy » September 3rd, 2020, 11:10 pm

Tinspark, well said.
Thanks!



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