From Side Hustle to Six Figures: My Journey with DIY Epoxy Flooring
📝Want to learn how much money you can make by doing Epoxy Floors? We break it all down in this video.
https://www.stonecoatcountertops.com/diy-flooring-epoxy-resin/?oid=4&affid=6&source_id=youtube&sub1=floorcostbreakdown
From Side Hustle to Six Figures: My Journey with DIY Epoxy Flooring
Cost Breakdown:
Phase 1: Concrete patching and grinding. I meticulously break down the project into distinct steps, assigning a cost per square foot for each phase, which greatly aids in finalizing the deal. By thoroughly explaining the purpose behind each phase, I ensure the customer comprehends the allocation of funds and the extent of labor required for every step.
Phase 2: Coating application includes applying the moisture seal epoxy primer and colored flake, followed by scraping off any loose flake, and finally applying the polyaspartic topcoat. This final step will effectively complete the project. When referring to my larger floor, I will now break down the quote for better understanding.
48’ x 29’ = 1,392 square feet
Phase 1: Concrete Prep
Floor Patch cracks and expansion joints 163 linear feet @ $3.00 a linear foot = $489.00
Clean oil stains, diamond grind & clean concrete slab (1,392 sqft.) @ $2.00 a square foot = $2,784.00
Phase 2: Floor Coating Application
Apply Moisture Seal Epoxy Primer & Colored Flake (1,392 sqft.) @ 2.50 a square foot = $3,480.00
Scrape lose flake & Apply Polyaspartic Topcoat w/ Non-skid (1,392 sqft.) @ $1.50 a square foot = $2,088.00
Total Invoice = $8,842.00
The Stone Coat Epoxy Flake Flooring system requires materials at a cost of $1.50 per square foot. That totals to $2,088 for the materials from Stone Coat. Additionally, sundries, such as rollers, magic trowels, epoxy spiked shoes, and miscellaneous hand tools, are needed to complete the job. For a floor of this size, an estimated cost of $150-250 is reasonable.
To prepare the flooring, I rented the walk-behind concrete grinder and a large HEPA vacuum from Sun Belt Flooring Solutions Rental yard. They offer professional-grade flooring prep equipment for rent in most cities. With the walk-behind concrete grinder, you can prepare concrete for epoxy at a rate of 600-900 square feet per hour. Alternatively, smaller walk-behind diamond concrete grinders available at local rental shops grind at a rate of 200-300 square feet per hour. This makes renting a large grinder more cost-effective than purchasing one outright.
For my project, I paid $1,100 for a 2-day rental of the professional grinder and vacuum. Since I had multiple floor projects scheduled, I was able to split this cost among them, resulting in a grinder cost of only $366 per job.
Labor for the job is my last major expense. I pay my guys $25 a hour.
Day 1 – Crack Patch – 3 hours
Day 2 – Grinding and Cleaning – 6 hours
Day 3 – Apply Moisture Seal and Flake – 4 hours
Day 4 – Scrape, Clean and Apply Topcoat – 4 hours
Day 5 – Walkthrough, jobsite cleanup – 1 hour
Total labor 18 hours X Two workers = 36 hours @ $25/hr. = $900 in labor for this job only
Total Cost = $3,504.00
Invoice = $8,842.00
Profit = $5,338.00
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Chapters
0:00 – How to make money with Epoxy flooring intro
0:33 – How to get epoxy floor jobs
1:44 – Complete cost breakdown
8:01 – Best practices when installing epoxy flake floors over concrete
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Want to learn more about Epoxy Flooring? Check this video out.
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The perfect video for newbies in the Epoxy World
https://www.youtube.com/watch?v=DdCQP-TtzKc
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About us:
Stone Coat Countertops is an epoxy based YouTube channel that will show you unique ways to DIY your way to an amazing kitchen, bath, resin art, construction, or design project on a budget. We believe in teaching skills in, woodworking, art, epoxy floors, epoxy countertops, and showing how to get realistic results to make your old laminate, tile countertop, formica, concrete countertop, garage floor, and walls look like renewed works of resin art! Simply put we are always looking for our next project to help all the DIY folks, contractors, designers, artists, and hobbyist, tackle their next makeover. Watch our free how to videos on the skills to make your dreams come to life with epoxy resin! Contact us anytime for free project support, (541) 450-1976 You Got This!
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