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Re: How much are they worth?
By:Nick Schade - Guillemot Kayaks
Date: 3/28/1999, 12:30 pm
In Response To: How much are they worth? (Jay Babina)

Lets throw out some numbers that seem realistic:

Material: $1,000

Direct Labor: 150 hours x $30/hr = $4,500

Administrative Labor: 50 hours = $1,500

Overhead:

Workshop Rent: $500/month,

Insurance: $100/month,

Marketing: $500/month,

Misc: $100/month

Overhead Total: 200 hrs = 1.25 months = $1,500

==================================

Total: $8,500

I left off depreciation of tools and I suppose I could do the same for the workshop. I suppose someone doing it for the love of it could charge less for labor, but the insurance included is probably just enough to cover the workshop fire/liability and does not include health. With good organization we may be able to keep the labor time down. Taxes will raise the total. In the end we could nickle and dime the cost down and we could ignore some other costs and we might find that from a purely business standpoint a builder might be able to justify selling the boat for as little as $8,000. But, as with most such estimates, this one probably low-balls the job.

> I'm now ready to varnish my stripper and am waiting for the CT weather to
> warm up. (I like to varnish in th garage) People often ask me "How
> much to get one of these built for me? I no longer hesitate for a single
> second and respond "Around $8000."

Messages In This Thread

How much are they worth?
Jay Babina -- 3/28/1999, 10:08 am
How About A Canoe Kayak Rental/Builder Combined
Tom Jablonski -- 3/31/1999, 8:49 pm
Re: How About A Canoe Kayak Rental/Builder Combine
Paul Jacobson -- 4/3/1999, 9:54 pm
Re: How About A Canoe Kayak Rental/Builder Combine
Shawn Baker -- 4/1/1999, 12:04 am
Re: How About A Canoe Kayak Rental/Builder Combine
Paul Jacobson -- 4/3/1999, 10:10 pm
Re: How About A Canoe Kayak Rental/Builder Combine
Tom Jablonski -- 4/1/1999, 11:58 am
Re: How much are they worth?
Jack Sanderson -- 3/29/1999, 3:03 pm
Re: Win the Lottery
Nick Schade - Guillemot Kayaks -- 3/30/1999, 5:56 pm
Re: How much are they worth?
Rob Forsell -- 3/29/1999, 8:25 am
Re: How much are they worth?
Jay Babina -- 3/29/1999, 10:36 am
Re: How much are they worth?
Dan V -- 3/28/1999, 5:22 pm
worth vs. cost
Paul Jacobson -- 3/29/1999, 4:02 am
Re: worth vs. cost
Nick Schade - Guillemot Kayaks -- 3/29/1999, 11:28 am
Re: How much are they worth?- Real World
builder -- 3/28/1999, 2:52 pm
Re: How much are they worth?- Real World
Shawn Baker -- 3/28/1999, 3:48 pm
Re: How much are they worth?- Real World
Dan Lindberg -- 3/28/1999, 10:15 pm
Re: How much are they worth?- Real World
Jerry Weinraub -- 4/1/1999, 6:51 am
Re: How much are they worth?
Jerry Weinraub -- 3/28/1999, 1:04 pm
Re: How much are they worth?
Nick Schade - Guillemot Kayaks -- 3/28/1999, 12:30 pm