Parking Lot Striping Pricing

Wednesday, June 3rd, 2009

File under: Striping Cost, parking lot striping pricing, parking lot striping Prices.

I received this question in my email box a lot so I thought I would address it again here. It is in regards to starting a parking lot striping business and knowing where to put your parking lot striping pricing. When people are starting out they often times have no clue what to charge for their parking lot striping services. Your parking lot striping prices should be like any other project you estimate. Just use this simple formula.

Labor+ Materials+ Overhead = Pre- Mark up Total

Now,

Take that total and then next add about 20% mark-up. On smaller jobs I would even go as high as 30%. On large jobs you may want to consider 10%.  Stay away from price sheet estimating. In this day and age cost are changing rapidly and it’s important to be flexible. If your need to know about what a “single white line” cost or a “no parking” stencil should cost then it’s not a bad idea to call some competitors in the area and get their pricing. I know this sounds funny but companies have been doing it since the beginning of business. Even huge big box companies like Best buy or Wall mart use these practices and that’s a good thing. It keeps business competitive and helps out the consumer in the end. Also with the economy being so wonky lately you really want to be as competitive as possible. A lot of people ask me what I charge here in California for parking lot striping. I try to explain to them that it won’t help them because every area is a little different and that local research needs to be done. But I will give you this example.

In California our minimum charge is about $300.00 but that’s mainly because of the high cost of labor and heavy traffic we have to sit in just to get to those jobs. Also consider we are a 18 year old company that has overhead a small start up wont have. That being said we also provide a level of service a small start up can not provide.  Every area  has its own unique economy and situations.  Plus your business may have a unique situation to consider as well. Figure out what your area will bear by doing research and talking to your accounts.  Also once you get your feet wet with bidding you should start to get a better feel for your local market and where you need to be to be competitive.

Feel free to post comments and ask questions. I would love to hear from my parking lot striping, sealcoating and asphalt  friends out there.

James Farley
President
Trueline Striping Inc.

Trueline Striping Inc.

Parking Lot Striping Cost and what you need to know! Part 2

Wednesday, February 11th, 2009

Parking Lot Striping Cost and What you Need to Know!

Part 2

Different Types of Price Structuring.

Getting back to the basics of parking lot striping cost and pricing… the first question asked is how is parking lot striping billed?  Most companies I have come across over the years, carry a price list that uses the ala carte approach to billing.  Meaning that if you want 1 single white line painted than the price would be X.xx.   If you want 100 single white lines painted then the price would be XXX.xx, and so on, which is  similar to a McDonald’s menu. The reason for this was because, in the past many parking lot striping companies would mainly work for paving companies in a sub contractor relationship. This made it necessary for the striping companies to simplify their pricing list.  Now, the paving companies’ estimators could bid their projects without having to rely on the striping contractor to provide pricing so often.  A practical solution for the time.

However, some parking lot striping companies do still go by a linear foot price.  Meaning if you have 1 single white line and it is ( 20′ )  long, than your price is .XX per foot.  It is in my opinion that this method of parking lot striping pricing is obsolete because of standardized parking requirement and designs.  Most parking lot stalls fall under a basic design.  Furthermore, the ones that do not, such as truck stalls for big rigs should be measured and divided by the average stall price.  The same holds true for all other aspects of the parking lot striping filed.  Most items are standardized (I.E.) handicaps, arrows, stops and so on.

So assuming your contractors are using the a la cart pricing, the next thing you need to know is, what their minimum to do a job is.  A minimum job is basically the smallest amount of money a company will send a crew to your facility or business to get the job done.  Our company is located in Orange County, California so our minimum goes up  more with each hour we have to drive away from our office. The reason for this is simply based on three factors.  First, more gasoline is used and that adds up. The second reason is wear and tear on the vehicles.  Lastly, the employees get paid  for that drive time going to and from the job.  The average striping crew is about three men, so three men times the hours needed to get to and from the job.  The average employee hourly rate of pay is from 16.00 dollars all the way up to 25.00 dollars.

Stay Tuned for part 3 of parking lot striping cost and pricing and what you need to know.

Parking Lot Striping Pricing and What you Should Know!

Wednesday, February 11th, 2009

This will be a Four part guide to learning more about parking lot striping prices.   I hope to explain the range in which parking lot striping costs can vary. Also, I hope to illustrate the different types of billing methods that are used, the factors that can determine a parking lot striping cost and the short cuts that can be taken by a shady contractor  in order to provide a cheaper bid. Please read through it and if you have any comments or questions let me know and if its good, I will modify this blog to show it.

Recently, I have noticed that more and more people are turning to the Internet to find answers to every day questions. One of the questions I am seeing asked alot is :

“How much does it cost to get parking lot striping done?

This is a honest question that doesn’t have a easy answer, so I thought I would take a moment to explain how much striping should cost. Please keep in mind that this blog is purely based on our 18 years in the businesses and by no means should qualify as anything other than opinion backed up by experience. So, here we go.

Part One:

What all is Considered Striping?

First off, parking lot striping is like most trades, a multiple set of services that are branched under the title of “striping”. However, in its simplest form, parking lot striping is the painting of lines.

Other services commonly grouped under parking lot striping would include painting curbs, painting handicap stalls, painting stencils, sign work such as handicaps, stops etc, as well as wheel stops installed.

Many other striping professionals such as Trueline have branched into other fields in attempts to increase and diversify their work load. These other services might include things such as truncated domes, warehouse striping (a cousin to parking lot striping done on concrete surfaces such as a warehouse floor),  shot blasting, sandblasting, bollard installation and so on.

Stay Tuned for part 2 of parking lot striping pricing and what you need to know.