From Side Hustle to Six Figures: My Journey with DIY Epoxy Flooring
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- Опубліковано 28 чер 2024
- 📝Want to learn how much money you can make by doing Epoxy Floors? We break it all down in this video.
www.stonecoatcountertops.com/...
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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About us:
Stone Coat Countertops is an epoxy based UA-cam 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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Was the cost breakdown helpful? Let us know!
Yes, TY 👊🏼
Your dad was a very smart man!! 🤗 That looks amazing!! 👏👏
Pops is the best!!!
@@StoneCoatCountertops 🤗😍 🫂
This was a very informative video. I'm a truck driver and I'm thinking about getting out of it. I did construction for a while and I've been driving a truck for 17 years and I love messing with this epoxy. I would love to start my own business during garage floors and this video was awesome! Thanks man!
The cost breakdown is very helpful to me. Im not a "buisiness" man. Over the last 2 or 3 years ive been learning the ins and outs or epoxy. At the same time learning the ins and outs of business. It can be overwhelming at times. All this while still working full time as an ambulance dispatcher. Whew... keep up the great videos Mitch. Love the Stone Coat family!
Thank you for the breakdown and being so thorough on explaining the process!
Very helpful! I’m really thinking about floors!
VERY HELPFUL
Thank you Mitch ♥️♥️
My dream would be these floors in my art studio Pourage (garage). Hope all is well with you Mitch! Keep on truckin'
Well done keep it up. 👋👋👋👋
This was great. Can you do the same for countertops.
😂😂😂 I love this one Mitch ❤❤❤ I have wanted to start this business for years now, I have been messaging rk3 but haven't been able to afford classes... do they have any scholarships? I'm ready but scared 😂
U got this! Cool idea on hands on training scholarships. I'm gonna run this by corporate, cross your fingers!
I’m with Gina! I’ve wanted to start a business like this for a very long time! But just like Gina, I can’t afford it either. I’m a single mom, dealing with a dead beat dad/ex-husband that beat me for 28 years and REFUSES to pay child support. I’d love to leave a legacy that I built for my children and grandchildren. Let me know if you find out anything please 🙏🙏. Thank you for all of your videos, instruction, creative, genius, and above all your support!
I also was wondering when you do the job and you're leaving for the even ing do you leave the garage door up just a little bit because you can't close it because the floor would be wet
Do you always cover the expansion joints?
30 days before it can be driven on? I’m a collector so I’d have to make some kind of storage arrangement
Get a 24" drywall taping knife and screw it onto a 4' pole. Works WAY better than that little scraper youre using!
Theyre less than $40 on the jungle site.
Do you reuse the flake that you scrape off and suck up?
Epoxy hardens fast just after mixing with mica powders and metallic color and unable to work for a kitchen counter top for about 32 sft.?
Outside temp. was below 72F.
1:1 (0.5gal) : (0.5gal) mixed separately before mixing with colors separately in a small cups.
After researching it's noticed
exothermic reaction ...
*Timer
*Volume
*Temperature.
What is your advice to avoid the fast hardening when mixing with colors?
🙏
I have been doing kivthen countwrops by myself for 4 years. I use Micah’s also. You have to work fast. Get the design out quick and know your design before you start. Keep the temp inside at 70 also. Don’t use too much heat. Enough to get the air bubbles out. The regular Stonecoat epoxy gives plenty working time.
I mix a gallon at a time also
I have all the equipment for sale to anyone interested. 2 floor cleaners, 7 scrubbers, a burnisher, a 20kva 3phase generator (diesel block, runs on propane), 12000 w 1 phase generator, 3 grinders, 2 3phase dust collectors, 5 horsepower 3phase air compressor, a shot blaster, scarifier, a few dozen sets of diamonds... also a 1998 isuzu NPR with 14ft bed (brand new tires and a new engine). And that is just the equipment that sells for more than a thousand dollars a piece new, there are a half dozen shop vacs for instance along with tons of other miscelaneous bits and accessories. I can sell everything including the truck for the 30k mentioned in the video.
Why are you getting out?
@@clayjones553 I make 95k a year as an accountant now, I did this to pay through college.
@@gholland5840 oh, nice. Do you recommend it as a business startup?
were is the Mike we miss him a lot..
He retired from working for Polytek, he'll be back soon on his channel with more DIY’er solutions for home improvement and he'll distribute Stone Coat Epoxy products
@@StoneCoatCountertops😊
Fantastic...@@StoneCoatCountertops
What ever happened to Mike
Mike happily retired a while ago
That's nice. Your doing a great job
@@terrywelkerhello, yes he is.
Your guys deserve more/hour. $450 each while you made $5k?
You could pay them $50/hour and still pocket $4k.
You could pay them $75/hour ($1300 total each) and still pocket.. $3300.
Just saying.
Nothing more hideous than a hating ass pocket watching fool .. it’s called business .. the only fair that’s lovely is the one with rides and cotton candy ..
THANKS SOLDIER 🪖