Thread: career question
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Blazer Fan Dan
 
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Glenn Ashmore wrote:
If you are willing to suffer for the first 4 or 5 years maybe so. A well
built 16' stripper can sell for $3-4K but between materials, shop space
rent, tool costs, insurance, taxes, sales commissions etc. you will be luck
to net half that on each one.


well, space, tools and what not, are all already in my possession.

You would have to turn out more than one a
month to survive and while it can be done it will take a lot of discipline.
Once you get some volume up you can buy material in volume and time for
price. As you build a customer base and a reputation you might sell 40-50
or so a year but you will have to hire some help to do it which cuts your
margin considerably..

I am guessing that the upper limit on the before tax net income for a really
well known stripper builder might be in the neighborhood of $50K. After
that you will be managing a factory which is not as much fun as building
canoes.


im not expecting to make a whole mother load, just enough for a single
guy to live decently on (meaning: I won't starve)

--
Glenn Ashmore