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CptDondo CptDondo is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 11
Default Service for 10+ Year Old Boats

Tim wrote:
Shortwave Sportfishing wrote:
Plus, shop labor is getting out-of-sight ($110/hr around
here) ..."


Wow!

I'm in the wrong business!


Think again.... I used to own a small business; I did an analysis for
our local city council when they contemplated sticking businesses with
another impact fee that some 54% of our gross went to license fees,
local, state, and federal taxes, social security taxes, mandatory
insurance (workman's comp and others as required by state and other
regulations), professional fees (required to keep our doors open),
impact fees, and so on. Take another 30% out of what's left for
overhead (rent, utilities, and so on) and what you have left is about
$18/hr to pay both you and the mechanic with.....

Don't blame the end guy for what you pay.