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Commonly Asked Questions about US Painting Contracts

How to Bid Painting Jobs by Square Foot Calculate your square footage. Factor in the paint supplies youll need. Add in the cost of equipment rentals. Figure out your time and labor. Dont forget business insurance. Multiply everything by this magic number to get your final painting bid.
What to include in your paint contract. Basic contact information. Include space for the name and contact information of your client as well as the contact details of your painting business. The scope of the project. Pricing details. Cancellation and warranty policies. Legal information. Signatures of both parties.
Heres how to market a painting business: Claim your free Google Business Profile. Build a professional website. Take advantage of online ads. Create and maintain social media profiles. Send email marketing campaigns. Start a customer referral program. Network with the local community. Design and distribute business cards.
A painting business owner who manages and grows the business can expect a gross profit of around 50% and a net profit between 13% and 27%. Thats a huge disparity. That means if your painting company grosses $750,000, your income before taxes would be between $97,500 and $2020,500!
A house painting contractor earns ~25% operating profit margin (EBITDA margin) after operating costs (salaries, materials, etc.) have been incurred.
Do an excellent job on their house. Tell them you are just starting. Put a lawn sign in their front yard when you paint their house. Go talk to all of the neighbors after painting their house, and use the door to door pitch but modify it to include that you just painted their neighbors house.
As for competition, there are 252K painting businesses, employing 419K people. ing to the BBB, the industry can expect another 4,600 companies and 8,000 new employees by 2027.