Cost & Profit on a Set of Motorcycle Wheels

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  • เผยแพร่เมื่อ 24 ธ.ค. 2024

ความคิดเห็น • 121

  • @DennisCrossSr
    @DennisCrossSr 6 หลายเดือนก่อน +3

    I’m trying to get into powder coating. Building an oven. 15 months in. Not much help from other people. Started 15 months ago was tired of powder coating coming up on my phone. Decided to watch. Got hooked right then. How simple it could be. With a regular oven. But I wanted something that would hold a differential at least. 2 am. By 9: am I was going at it. Small town not many options for materials. No plan,no knowledge no idea what i was really doing. I am making it with electricity and propane. Because electricity costs are crazy expensive. In a town that gets 115~122 degrees in the summer.May never even use electricity. Think it was a waste $ but couldn’t get any advice from many people. 200 videos like yours. Helped me design what I thought that I wanted.thanks for your time. I want to be fair to people also.

  • @panamafred1
    @panamafred1 2 ปีที่แล้ว +14

    Shop your competition then base your price accordingly. Or, estimate your time and expenses then add a healthy percentage extra for hidden costs such as delays, shop electricity, water, property taxes/rent, gasoline, heat, etc. These shouldn't come out of your personal take home. Don't short change yourself. But most of all, under promise and over perform your turnaround time and quality. I was a carpenter for a bazillion years. On the back of my business card I printed 1: I return phone calls. 2: I stick to my price unless the customer changes the job. 3: I clean up my mess. I always threw in something extra. If I was painting windows in a house, I would wash the windows inside and out when I was done. Didn't take long to do, and word of mouth spread. Value yourself highly, do good work. Happy customers will pay for hassle free work.

  • @elosp70
    @elosp70 7 หลายเดือนก่อน +1

    Bro, you are awesome. I am planning to Powder coat my motorcycle rims but I am here in California, by you just making this video I would take my rims to you if you were in California. I will follow you because you are an honest person. I am sure you will get a lot of customers because media spreads like wild fire.

  • @Drakii0069
    @Drakii0069 ปีที่แล้ว +4

    i know this may be a year old but very well laid out bud. ive been coating industrially close to 20 years now and honestly your rate per wheel is pretty much spot on for small scale, personally i usually charge $50 for steels $75 aluminiums a wheel depending on paint choice(a lot of my costs get eaten up by other products) special colours/finishes of course incur extra cost. chromed wheels i wont touch as a personal preference due to the time it takes per piece to prep them.

  • @Stickleback
    @Stickleback ปีที่แล้ว

    The hook that is holding the loop holding the wheel, i got one caught under my right eye lid, and didnt realise until i carried on walking away, to change the tape spool, not nice, 6 stiches behind my eye socket and it was black and purple for about a week!. Mind how you go, wear eye protection!.

  • @adrianmaree8352
    @adrianmaree8352 2 ปีที่แล้ว +5

    Thanks for this. Nice to see how other coaters charge. What I like about this video is that you don't time lapse the actual shooting. I watch videos to learn mostly how to spray and time lapsing when spraying doesn't help at all. Great video, thank you

  • @clairtontata
    @clairtontata 7 หลายเดือนก่อน

    You can use a sieve to remove paint residue from the drum.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  6 หลายเดือนก่อน

      I used to use a fryer scoop when I was using rim strip. Worked pretty well but still a mess.

  • @justinstokes4151
    @justinstokes4151 ปีที่แล้ว +2

    What chemicals do you use for paint removal and what is the solution to clean the chemicals off?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      I was using Rim Strip in this video and baking soda/water to neutralize the stripper. Here’s a link to the Rim Strip: www.royalcoatspowdercoating.com/product-page/rim-strip

  • @imranfida1982
    @imranfida1982 6 วันที่ผ่านมา

    Great video 👏🏼
    What chemical are you using to strip?

  • @russellkinsey3096
    @russellkinsey3096 ปีที่แล้ว

    Thanks for sharing your experience ive been thinking of trying to powder coat i paint a little and have air comp and sand blaster

  • @hasanabdul-hasib76
    @hasanabdul-hasib76 ปีที่แล้ว

    I am new to powder coating so I am looking to learn all you want to teach

  • @proline1349
    @proline1349 2 หลายเดือนก่อน

    Hi, what spray booth is that n your shop,thanks.

  • @RALPHMOUNGLE
    @RALPHMOUNGLE ปีที่แล้ว +2

    Great job man! Thanks for not being greedy, you still made great money for the you put into it.✌🏽😃

  • @dotdetailin6733
    @dotdetailin6733 ปีที่แล้ว

    Good work i wish you was in Delaware or near Delaware I’ll definitely have dyou do my rims

  • @raymondsmalls4602
    @raymondsmalls4602 9 หลายเดือนก่อน

    What stripper and neutralizer are you utilizing

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  9 หลายเดือนก่อน

      I’m using Rim Strip for the stripper and water with baking soda for neutralizing in this video. www.royalcoatspowdercoating.com/product-page/rim-strip
      I’m currently using eco strip now

  • @stevenmitchell6347
    @stevenmitchell6347 2 ปีที่แล้ว +1

    I was considering a mobile powder coating business with all the equipment in a trailer. It would be limited as to the size of product coated but should be able to do differential housings, quad frames, wheels, etc. It would necessarily mean I charge a bit more but it would be same day service at the customer location. A few design issues to work out but it's easily packaged in an 8'x24' trailer.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว +4

      You’d be better off offering pickup and delivery in my opinion. You’d need water storage for rinsing, generator for running all electrical, tanks for stripping and neutralizing, and all the other big equipment that comes with powder coating. You’re going to be hauling around a lot of weight and eat up your profit in fuel. And you’ll be spending a good part of your day parked in front of someone’s house/shop prepping and outgassing to coat properly. Offering free pick up and delivery within a radius of your shop or a small fee would be a lot easier. Just some things to think of.

    • @stevenmitchell6347
      @stevenmitchell6347 2 ปีที่แล้ว

      @@royalcoatspowdercoating I was considering that it would eliminate the utilities and shop rent thus offsetting the additional fuel costs for the generator, compressor, etc. As for the water, I was looking into a recovery and recycle system similar to the ones at my local car wash only smaller. The tanks for water and waste would be under the floor like a camping trailer. It's all part of the packaging and design challenges. The initial build cost should be reasonable since the equipment will be fabricated as part of the structure. I can fabricate most of the equipment, oven, coating booth, cleaning chamber, sand and hydroblasting chambers, etc., cheaper than buying it anyway. I'm a retired Industrial Design Engineer and fabricator/welder so I can do most, if not all, of it. I already have a trailer frame to build on. It's the chemical stripping tank that is the greatest design challenge unless I do a drain and refill system to eliminate "slosh" when moving.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      @@stevenmitchell6347 another thing to keep in mind is that you’ll only be able to work on one project at a time which will really hurt profits. While a set of wheels outgas and cool for over two hours you’re just going to be hanging out I assume since being mobile and one location at a time? Instead of being able to prep other jobs.
      Are you coating already or just brainstorming future ideas?

    • @stevenmitchell6347
      @stevenmitchell6347 2 ปีที่แล้ว

      @@royalcoatspowdercoating I'm only coating my own projects but I'm in an extremely rural area with a lot of welder fabricators and small shops. Don't have the shop space for a business. I was considering the mobile idea in conjunction with pick-up and delivery. I could use the equipment here when not doing a mobile job. I agree that mobile jobs would necessarily need to be substantial to allow for continuous processing and best ROI. The closest powder coating businesses are at least an hour away and have 3-10 day waiting time.

  • @IvanRodriguez-cr6ny
    @IvanRodriguez-cr6ny 2 ปีที่แล้ว +1

    Local guy charges 250 a wheel with removing it and reinstalling. I like your price a lot more haha but definitely feel you aren’t getting enough for them. Like your breakdown’s, extremely helpful videos showing the ins and outs. Just gained a subscriber

  • @wranefis
    @wranefis 7 หลายเดือนก่อน

    question what happens if you don’t put in the oven ? i like the matte red finish it has before the oven. would it keep the matte color ?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  7 หลายเดือนก่อน

      The powder will be not be cured and just fall right off the part

  • @cyrisparker1600
    @cyrisparker1600 7 หลายเดือนก่อน

    What do you use for paint stripper and neutralizer tank

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  6 หลายเดือนก่อน

      Rim strip for the chemical stripper and water with baking soda for the neutralizing tank. www.royalcoatspowdercoating.com/product-page/rim-strip

  • @rcollas4795
    @rcollas4795 ปีที่แล้ว

    great information n breakdown . just wondering what is your mix you use in the drum for removing old paint ect .im disabled n to long at the blast cabinet n i gotta go lay down awhile .cheers from australia

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      I use Rim Strip. You will probably need to check your local market to see if they have anything like it available.

  • @eddiehogis4127
    @eddiehogis4127 2 ปีที่แล้ว +1

    What kind of chemicals do you use

  • @andrewpadgett884
    @andrewpadgett884 ปีที่แล้ว

    What blast cabinet do you use sir?

  • @bradeyfehr1097
    @bradeyfehr1097 2 ปีที่แล้ว +5

    First and for most those rims look great! And second, great video and great cost break down, as its similar to how we do pricing where I work. I would have loved to have seen you use the RC-1 System you offer on those rims. As I am considering purchasing one of those units for home use.
    PS. you've certainly got a new sub.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      Thanks for the sub!
      That would’ve been a good idea. Remember the presale ends on the 25th of this month.

  • @raulhernandez6494
    @raulhernandez6494 ปีที่แล้ว

    What kind of chemical is it to remove the paint?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      The chemical in this video is called rim strip. www.royalcoatspowdercoating.com/product-page/rim-strip

  • @MrJames-ic5jr
    @MrJames-ic5jr 2 ปีที่แล้ว

    Good to know ! What is the chemical when you say Chemecal Stripping ?

  • @jomarpainting.elmilusos376
    @jomarpainting.elmilusos376 ปีที่แล้ว

    What is the name the gun for paint the wells

  • @oldschoolgamer1844
    @oldschoolgamer1844 ปีที่แล้ว

    What media do you use? Like the number

  • @blaisegamer1262
    @blaisegamer1262 ปีที่แล้ว

    What are you using for paint remover?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      I’m using rim strip. Here’s a link! www.royalcoatspowdercoating.com/product-page/rim-strip

  • @mattmartin598
    @mattmartin598 ปีที่แล้ว

    How often do you have to replace the rim strip?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      At my pace, I usually buy more every 9 months to a year. All depends on your volume really, but it does last quite awhile!
      www.royalcoatspowdercoating.com/product-page/rim-strip

  • @sirwayne8498
    @sirwayne8498 2 ปีที่แล้ว +1

    Yes, the lack of music is indeed appreciated. Personally, I would prefer to hear a voice over of explanation to add to the video and the costing is a big help for starter people like myself. I am trying to find that commonly seen filter system for your booth, if you can help. GREAT JOB on your videos!

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      The parts list I used for the booth is available in the description of this video 👍🏼 th-cam.com/video/b-b-HufZQPI/w-d-xo.html

  • @javiernunez9852
    @javiernunez9852 10 หลายเดือนก่อน

    Hey man, what chemical stripper are you using?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  9 หลายเดือนก่อน

      I was using Rim Strip in this video. I’m now using Eco Strip. www.royalcoatspowdercoating.com/chemcial-strippers

  • @innovativethoughts
    @innovativethoughts ปีที่แล้ว

    I like your concept. Many places are way to expensive. And if you can make you a profit and stay at a reasonable price this will help other people get done what they need to have done as well as put money to take care of yourself and your pocket and your business. It gets busy you'll be making enough profit to hire people as well. It's the greed that makes business bad.

  • @sophatra1178
    @sophatra1178 ปีที่แล้ว

    Thinking about it

  • @mikeraines6343
    @mikeraines6343 2 ปีที่แล้ว

    Solid work! Thanks for the video. You mentioned that your equipment is paid for. Would be wise to budget replacement cost in, you never know when something is going to break down or need to be replaced. Another piece of advice given to me, don't leave money on the table, if guy was willing to spend $110 do it for $105 if you feel like cutting a break. Just my 2 pennies. Keep up the great work!

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      For sure, you should definitely have some sort of funds set aside for equipment failure. And if and when they do fail, you’ll need to decide to repair, replace, or upgrade.
      I was comfortable doing them for the price quoted since that’s my normal price. Gotta be careful too when offering this service when there are so many hacks out there. Someone probably isn’t going to leave their favorite coater or the big guy that’s well known to save $10.

  • @dhilankerai3585
    @dhilankerai3585 ปีที่แล้ว

    How much powder did you use for the two wheels? I am new to powder coating and wondered how much powder you use on certain sized items

  • @remijames161
    @remijames161 2 ปีที่แล้ว +1

    I wNna invest in this business and you've convinced me that I should. Thanks. Great video

  • @mtgentrysr
    @mtgentrysr ปีที่แล้ว

    With my business, I live by my own quote, “You can’t please 100% of the people, 100% of the time”. Complainers are gonna complain about something. They will find it. You do you brother.

  • @bHappy777
    @bHappy777 9 หลายเดือนก่อน +1

    Excellent Idea

  • @jkpclpsrp
    @jkpclpsrp ปีที่แล้ว

    What chemical stripper do you use

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      I use Rim Strip www.royalcoatspowdercoating.com/product-page/rim-strip

  • @perknowitzki7158
    @perknowitzki7158 2 ปีที่แล้ว

    Do you have a link for those chemical gloves?

  • @joshherbert5835
    @joshherbert5835 2 ปีที่แล้ว

    Where did you buy that yellow drum that you keep your rim strip in

  • @andrewpadgett884
    @andrewpadgett884 ปีที่แล้ว

    What blast cabinet and size compressor*

  • @KNIGHTMARE_706_ENT
    @KNIGHTMARE_706_ENT 2 ปีที่แล้ว +1

    Thanks for the advice and knowledge of this business brother it really helps me because I'm starting this type of business myself

  • @jerryplayer7850
    @jerryplayer7850 2 ปีที่แล้ว

    whats the name of the strip chemical in barrels

  • @shadowline1413
    @shadowline1413 2 ปีที่แล้ว

    What are inside of the tanks???

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว +1

      Rim strip in the yellow and water mixed with baking soda in the blue for neutralizing

    • @shadowline1413
      @shadowline1413 2 ปีที่แล้ว

      @@royalcoatspowdercoating could you sent me the product links as Private message? And maybe also how you Mixed the soda up with the Water?
      Regards

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      @@shadowline1413 send me an email royalpowdercoats@gmail.com

  • @swc-diygarage
    @swc-diygarage 2 ปีที่แล้ว +1

    Really enjoyed this video. Well explained. A lot of people won't goto the trouble of doing cost and profit because it's like some kind of secret. But would like to know how many KV you sprayed at?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      Yeah not sure why it’s top secret. All it takes is a phone call to see what someone charges. I spray most of my pieces at 100kv on my Gema and usually just change the micro amps.

  • @vino2x497
    @vino2x497 2 ปีที่แล้ว

    I live in Hawaii and they charge 220+ a wheel. Crazy expensive. Wish you were here lol.

  • @exemjazhuel3428
    @exemjazhuel3428 2 ปีที่แล้ว

    how much is you electric utility bill monthly bro by th way im expecting to get the RC-1 for my Xmass prezent did you ship to Puero Rico ?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      The bill varies since it’s on the same meter as my house.
      Nice! I ship to Puerto Rico

  • @mjethier
    @mjethier ปีที่แล้ว

    How much was your Gema system?
    I don't do what you do, no intention on doing what you do. But I like having the best of the best!

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว

      My Gema was around $5,000. I think the current model has an msrp of around $6,000+

    • @mjethier
      @mjethier ปีที่แล้ว

      @@royalcoatspowdercoating current model msrp is 7200.00. the spray model is 14,600
      I bought the spray model

  • @jonboatmorava9115
    @jonboatmorava9115 2 ปีที่แล้ว

    How many times have you spun a wheel around and run your finger all in the powder and it leave a a dent in the powder... Ugh I miss powder coating. Did about 14 years custom and industrial. I'll be subscribing now. Thanks.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว

      Between that and bumping it with the powder hose lol thanks for watching 👍🏼

    • @jonboatmorava9115
      @jonboatmorava9115 2 ปีที่แล้ว

      @@royalcoatspowdercoating hell yes that hose will mess up a perfect cost for sure. Never the same after that 😅

  • @larrymcgill5508
    @larrymcgill5508 4 หลายเดือนก่อน

    I gather you’re not in this as a business actually. You need to determine your out of pockets and set a flat fee for prep. Make a determination of the cost of electricity for six months to a year for the shop. Do the same for your expendables (I.e., blasting media, chemicals, nitrile gloves, nozzles, equipment maintenance, building maintenance, insurance, etc.). Determine how many products you completed over that period and divide that number into the those total costs. Don’t try to weight the size of the project into determining that result. After you have come up with that figure make a decision on what constitutes a small, medium, or large project. For each size project, assign a margin figure based on a business math percentage of the annual piecemeal number you came up with. For example, say you have a piece that is less than approximately a square foot or several pieces that aggregates to about a square foot in surface area you could do a 10% markup to determine your flat fee. Do the same for the medium and large flat fees as well. On your bill keep the flat fee, the man hours, and powder media on separate lines of the bill.
    To be successful, you’re going to have to be consistent or your customers aren’t going to trust. I spent quite a few years as a wholesale buyer for a large national company and I can tell you if you aren’t savvy in business math, you’re going to be in a world of hurt. The best thing you can do is get a knowledgeable bookkeeper to help you set up your books. Believe me, laboring in the oven is not even half work of making and growing a successful business.

  • @SandrodelGreco
    @SandrodelGreco 2 ปีที่แล้ว

    Nice insight! Thanks!

  • @johnfleming6177
    @johnfleming6177 2 ปีที่แล้ว

    Great video as always!

  • @HAMIDULLA_SHARIPOV
    @HAMIDULLA_SHARIPOV ปีที่แล้ว

    Hi I also work in this job I have 10 years internship, can you hire me⁉️ Citizen of Uzbekistan

  • @Wavy_G1
    @Wavy_G1 2 ปีที่แล้ว +1

    Great prices man

  • @alexkomala
    @alexkomala ปีที่แล้ว

    What do you use for the Chem strip?

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว +1

      I use Rim Strip. Email me at royalpowdercoats@gmail.com if interested in purchasing some.

  • @brianwills4398
    @brianwills4398 9 หลายเดือนก่อน

    Yo... You still doing this? I'm wanting to get my bead lock rings coated. Ide rather support someone like you than a big company.. LMK.

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  8 หลายเดือนก่อน

      Hey! I’m still coating. Feel free to email me at royalpowdercoats@gmail.com

  • @WheelLoveTV
    @WheelLoveTV ปีที่แล้ว +1

    My man 😅 maybe without a shop overhead but damn….. don’t touch any wheels under 150ea. Once u have a shop, that will put u out of buisness qwik. Ever wanna talk powder biz n growing, hit me up 🤙🏽

  • @litedatdude1019
    @litedatdude1019 2 ปีที่แล้ว +1

    The average cost about 300

  • @MegaRickw
    @MegaRickw 2 ปีที่แล้ว

    nice job,very close to same price I charge

  • @raiderjkwong
    @raiderjkwong ปีที่แล้ว

    Cool video

  • @greatwhitenorth9159
    @greatwhitenorth9159 2 ปีที่แล้ว

    Getting burned on I feel that man lol

  • @kameronreynolds2793
    @kameronreynolds2793 9 หลายเดือนก่อน +1

    Looks like you need to dredge your chem tank

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  9 หลายเดือนก่อน

      Right! They can get out of hand quick if not kept up with. But I’ve now moved on to eco strip since this video 👍🏼

  • @levonvojtkofsky
    @levonvojtkofsky 8 หลายเดือนก่อน

    Out gassing doesn’t take 2 hours …

  • @SheriffBo
    @SheriffBo 2 ปีที่แล้ว

    If your customer needs .5lbs of powder, and you can only buy powder by the pound(+shipping) do you only charge them the .5lb of powder, and eat the other .5lb(+shipping)?
    BTW Thanks for taking the time to make these kinds of vids!

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว +1

      I do, unless it’s a color that cost significantly more than other colors then I will add a powder charge. But you have to be able to compete with the businesses that stock a 100+ colors in the big boxes ready to spray. Once you get to that point you can up charge for customers wanting specific powders that you don’t have on hand.

    • @efrenbituin7136
      @efrenbituin7136 2 ปีที่แล้ว

      What chemical stripping did you use

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  2 ปีที่แล้ว +2

      @@efrenbituin7136 rim strip

  • @MrDsmandy
    @MrDsmandy 2 ปีที่แล้ว +1

    Raise your price.
    You're way too cheap bud.

  • @inseghltda
    @inseghltda ปีที่แล้ว

    Those numbers are super far not even close to the real world

  • @deborahwillis2210
    @deborahwillis2210 4 หลายเดือนก่อน

    Anucia broder anucia internet shops put all the 200 and some body weith on abvertizing

  • @idontcaresapo8233
    @idontcaresapo8233 ปีที่แล้ว

    Do you have to do a clear coat after or not

    • @royalcoatspowdercoating
      @royalcoatspowdercoating  ปีที่แล้ว +1

      Clear coat is not required on all colors. When not required I leave it up to the customer whether they want it or not.

  • @DennisCrossSr
    @DennisCrossSr 6 หลายเดือนก่อน

    I’m trying to get into powder coating. Building an oven. 15 months in. Not much help from other people. Started 15 months ago was tired of powder coating coming up on my phone. Decided to watch. Got hooked right then. How simple it could be. With a regular oven. But I wanted something that would hold a differential at least. 2 am. By 9: am I was going at it. Small town not many options for materials. No plan,no knowledge no idea what i was really doing. I am making it with electricity and propane. Because electricity costs are crazy expensive. In a town that gets 115~122 degrees in the summer.May never even use electricity. Think it was a waste $ but couldn’t get any advice from many people. 200 videos like yours. Helped me design what I thought that I wanted.thanks for your time. I want to be fair to people also. 8x7x6 ft.