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Gunsmithing
08-10-2012, 11:34 AM
I have some that ask why does it cost so must to do the work
Most Gunsmith do the work as a labor of love.

Here is why

1. A good to excellent gunsmith can work as Journeyman machinist in repair from $25.00 to $45.00 per hour in some else shop.
2. insurance per Year is $2,000 to $4,000
3. Rent $500.00 and up
4. Power and gas $300.00 and up
5. Water and garbage $100.00
6. Licenses in CA. first Year $700.00
7. Advertising, Phone lines and Internet $100.00 to $1000 per month
8. health insurance $1,000
9. Lost time on phone, email and counter 35%
10. Tools Machine tools and tooling. $50,000 over 5 years @ 18% interest $1,112 per month payments

I have list the 10 most common costs.
one month there is only 170 hours this how it come out on cost

1. 170 hours X $35.00 per hour $5,950.00
2. insurance for month...............$250.00
3. Rent for one month..............$1,000.00
4. Power and gas...................... $300.00
5. Water and garbage ................$100.00
6. Licenses in CA. $700.00/12====$58.00
7. Advertising $400.00
8. health insurance $1,000
10 Tools Machine tools and tooling. $1,270 per month
===============================
Total ==================$10,328.00
9. Lost time on phone, email and counter 35% or only work for 110 hours per month.


Cost per hour is $10,328.00/110 hours = $94 per hour
I do not know of any gunsmith that charges that high no one would have the work done. Just buy a new firearm.
Most of my work is done at $40.00 to $60.00 an hour good luck getting $60.00 hour

Dave / Gunsmith

BucDan
08-10-2012, 11:40 AM
Wow that is really pricey! How do you ever make a profit?

Gunsmithing
08-10-2012, 11:46 AM
I know most go into gun sales or some do gunsmithing as a retirement job. My self it is my night job I also have a day job.

Dave

Wow that is really pricey! How do you ever make a profit?

wendys
08-10-2012, 11:55 AM
Why do you add $400 in number 7?

Gunsmithing
08-10-2012, 12:15 PM
This is advertising

Why do you add $400 in number 7?

Fjold
08-10-2012, 12:21 PM
This is advertising

I know a few gunsmiths and very few spend $4800/year in advertising.

Usually it's a Yellow Pages Ad, sometimes a website link and a few have a couple of magazine Ads but that's about it.

Gunsmithing
08-10-2012, 12:33 PM
I have add more to line 7. Advertising, Phone lines and Internet this just basic cost Just a small ad in the yellow pages is $100.00 per month. Being in business is like a boat with a lot of leaks.

Dave

I know a few gunsmiths and very few spend $4800/year in advertising.

Usually it's a Yellow Pages Ad, somtimes a website link and few have a couple of magazine Ads but that's about it.

keenkeen
08-10-2012, 12:39 PM
Wow...

I don't know any single proprietor small business owners that only work 40 hours a week. If it worked that way I am guessing a lot more people would start their own business.

Most I know are working around 50+ (many over 60) hours a week.

PolishMike
08-10-2012, 12:45 PM
The other problem is the customers that bring in there $40 JC Higgins 22 single shot with a broken firing pin and start going irate when you tell them their repair will cost more than their firearm is worth.

CS Sports
08-10-2012, 12:46 PM
Don't forget the cost of all of your tools and equipment. I'm a small shop and I easily have over $100k invested, not counting inventory.

1911su16b870
08-10-2012, 1:08 PM
+1 Gunsmithing is a labor of love.

Gunsmithing
08-10-2012, 7:06 PM
I was just show the basic cost.
My self just in hand tools over $30,000 and machine tools and tooling over $30,000 plus Raw Materials not listed. Most firearm owner just do not know the cost of being in business in CA today.

Dave


Don't forget the cost of all of your tools and equipment. I'm a small shop and I easily have over $100k invested, not counting inventory.

G-forceJunkie
08-10-2012, 7:28 PM
Not to mention consumables, and the fact that is just to break even. Lets say you want to make a modest $40k a year to live off of, that's another $20 per hour you need to make.

johnny_boy02
08-10-2012, 7:32 PM
Just a small ad in the yellow pages is $100.00 per month.

I sympathize with you because I have been through it but this is a out right lie.

707electrician
08-10-2012, 7:54 PM
You better check what your competitors are charging because I think you are underbidding yourself. Most gunsmiths I have talked to are charging $75-80/hr

Ribkick
08-10-2012, 7:59 PM
I sympathize with you because I have been through it but this is a out right lie.

Lie? You called it. Prove it.

bloodhawke83
08-10-2012, 8:33 PM
I sympathize with you because I have been through it but this is a out right lie.

Its not, I've seen some go for 1700.00 per year.

Sent from my DROID RAZR using Tapatalk 2

JDeere
08-10-2012, 8:51 PM
Gunsmiths are under appreciated and underpaid. I know I am always grateful to find a good gunsmith. They are few and far between. And I never dispute their fees.

compulsivegunbuyer
08-11-2012, 8:38 PM
Just curious, what insurance costs $4000 a month.

OutlawStar
08-12-2012, 7:52 AM
My mother is a small business owner (veterinarian) and her invoices are probably on average a lot higher than a gunsmiths, however her operating costs are much higher. While your operating costs seem pretty high, I will just say its the cost of doing business. But, as soon as you say "its just how much money i have to pay to give you services" is when the customer will start shopping around for someone who runs their business for cheaper.

Instead, rely on your skills and expertise. When customers ask "Why do you charge me so much for a service that took you probably 15 minutes to do?". Explain to them you are charging them because you have the knowledge of doing it right. Make them want to give you their hard earned money through competent work and excellent customer service.

Gunsmithing
08-12-2012, 10:07 AM
Slip and fall and it is by the square foot My self to keep the cost down I go and see the owner at his home. If I have some come over I see them in the front. This would add to the cost of the work and most afford this cost just to say HI.

Dave

Just curious, what insurance costs $4000 a month.

Felix168
08-12-2012, 10:11 AM
when I see business people start throwing numbers like that at me, first thing that come to me mind is do they even file taxes?

I gladly pay for quality work and services, especially on something that I have no knowledge of doing, but if that someone don't know how a business can be run effectively to benefit both himself, the growth of his business, and his customers, I will just shop elsewhere.

TurboChrisB
08-12-2012, 11:02 AM
Slip and fall and it is by the square foot My self to keep the cost down I go and see the owner at his home. If I have some come over I see them in the front. This would add to the cost of the work and most afford this cost just to say HI.

Dave

Huh? Slip and Fall insurance? $3000-$4000 a month?? WTF? I've been in business for over 20 years and have NEVER heard of such a thing. No way no how. And $1000 a month for health insurance? What, are you 80? Or is this for a family of five. Sounds like you're getting taken to the cleaners on insurance.

Gunsmithing
08-12-2012, 3:16 PM
That was a error that is now fixed see above :sleeping:
Huh? Slip and Fall insurance? $3000-$4000 a month?? WTF? I've been in business for over 20 years and have NEVER heard of such a thing. No way no how. And $1000 a month for health insurance? What, are you 80? Or is this for a family of five. Sounds like you're getting taken to the cleaners on insurance.

unusedusername
08-12-2012, 5:46 PM
Yup, hiring a professional to do a job correctly costs money, regardless of if the professional is a lawyer, a doctor, or a gunsmith.

To me, professional quality is worth money.

$60 an hour is too cheap though, unless you are charging retail for the parts.

Gunsmithing
08-12-2012, 8:23 PM
The best a gunsmith can on parts is 10% off list price. Other item you add to a firearm is at lest 10% or more.

Yup, hiring a professional to do a job correctly costs money, regardless of if the professional is a lawyer, a doctor, or a gunsmith.

To me, professional quality is worth money.

$60 an hour is too cheap though, unless you are charging retail for the parts.

Fjold
08-12-2012, 8:58 PM
I have add more to line 7. Advertising, Phone lines and Internet this just basic cost Just a small ad in the yellow pages is $100.00 per month. Being in business is like a boat with a lot of leaks.

Dave

Yellow page Ads are paid once yearly because the books are published once a year. Last year I was quoted a 1" Ad for $300 a year and that included links in the Yellow pages website for a year.

I thought that your insurance at $4,000/year was on the low side if you get a lot of walk business. Depending on the cost of your tooling and equipment and your liability limit it could be considerably higher.

Gunsmithing
08-12-2012, 10:04 PM
The cost is for sample only this will vary to location and conditions

Dave


Yellow page Ads are paid once yearly because the books are published once a year. Last year I was quoted a 1" Ad for $300 a year and that included links in the Yellow pages website for a year.

I thought that your insurance at $4,000/year was on the low side if you get a lot of walk business. Depending on the cost of your tooling and equipment and your liability limit it could be considerably higher.

SunkenShadow
08-12-2012, 10:20 PM
And $1000 a month for health insurance? What, are you 80? Or is this for a family of five. Sounds like you're getting taken to the cleaners on insurance.

Assuming he isn't working under a company, that sounds about right cause he has to pay for his own health insurance, rather htan have a company assist in paying for health insurance. It also depends on the plan etc etc but i don't wanna talk insurance heh.

Thanks Dave for the information, always a good read to see costs on a business for start-up. Though if I were using this as a blueprint, i'd add about 10-20k variance on costs and budget, on top of raw mats.

Gunsmithing
08-14-2012, 7:03 AM
I have started more than one small business in my life. I have found ways to save the cost on starting up small business. The Biggest one never quite your day job till your small business self supporting. Two keep the over head low low low. Three do not spend any money at a school.

FYI The first one I started in 1973 I sold lock stock and barrel 9 years ago. I had to use a blue print and it work GREAT!!!:)

Dave

Assuming he isn't working under a company, that sounds about right cause he has to pay for his own health insurance, rather htan have a company assist in paying for health insurance. It also depends on the plan etc etc but i don't wanna talk insurance heh.

Thanks Dave for the information, always a good read to see costs on a business for start-up. Though if I were using this as a blueprint, i'd add about 10-20k variance on costs and budget, on top of raw mats.

TKM
10-12-2012, 11:31 PM
Three do not spend any money at a school.


Was that really necessary?

You may wish to find someone who spent some money at a school and have them proofread everything that you ever do for the rest of your life. Starting with your website.

You want my money, you better be able to communicate in your native language.

myk
10-13-2012, 12:43 AM
If anyone has a problem with the cost of gunsmithing, or guns in general they should stick to f**king Airsoft, or NERF...

undercow16969
10-13-2012, 1:45 AM
I have a 22-250 ackley improved and I need to get some work done on it. It is not misfiring but it is firing sometimes when I don't want it to...which is why I have not shot it since I found this out. I may need to get a new bull barrel made for it also 1-14" twist and I think 1" maybe 1 1/4" thick. will post the link to my older thread in a sec.

undercow16969
10-13-2012, 1:48 AM
http://www.calguns.net/calgunforum/showthread.php?t=505487

The AI is the white one. the other is a 22ppc and is in perfect working order and is the most accurate rifle I have shot to date.

CDFingers
10-13-2012, 6:46 AM
Dave the Gunsmith (Gunsmithing) made a good post.

I am glad guys like him are out there. I pay them what they ask because they have skills and machines that I do not have.

Unless you can do the work, pay the skilled and equipped business owners what they ask and quitchyer whinin'!

Or else stop making projects, one.

CDFingers