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Plumbing parts - acceptable mark up?

Discuss Plumbing parts - acceptable mark up? in the Plumbing Jobs | The Job-board area at PlumbersForums.net

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Fallon1982

Plumbers Arms member
Plumber
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Apologies if this topic has been bought up before. Only thread I could see was from back in 2010 so I'm sure times have changed a little...

What are you guys thinking is an acceptable mark up on general plumbing parts?

For example, I can go down Plumbfix and get a Fluidmaster Dual Flush valve for £11.15 inc VAT... What would you charge the customer for that?
 
Sorry buddy but I don't think you'll get many people discussing prices on open forum. There are too many variables for example where you are in the country?!?! If you are a pro then get your post count up and join us in the plumbers arms we can talk a bit more freely about things in there
 
My mark up is 20% but that pays for my time
- Finding the best price/material to use
- collecting materials
And such
Also most of the time ill use stuff that's already in the van and not charge like screws an that
 
Yes I am a pro. What is the plumbers arms?

Get your posts up to 100 then contact one of the mods. The plumbers arms is a sub forum where the rules are a little bit more relaxed and we can ask things which may not be a good idea to have in the public domain
 
I make no secret of it - my markup is 20%. Says so clearly on the "prices" page of my website.
 
your mark up is not just for profit, it allows you to be able to cover return calls if things need replacing etc. So some people dont mark up at all, whilst others will stick on 200% or more on some items. It is all part of running a profitable enterprise that will be there in 10 years time.

I carry a lot of stock, being in the oil side of things, there are no merchants near me carrying any decent stock so I buy it in online. That means I have to factor in the cost of the money just sitting there and ensure it isnt costing me. So if I turn upto a job and use the parts I can add a decent mark up which covers my costs. The customer is happy as I get it fixed in one visit so no excess labour charges for a return call etc, so my mark up factors this in, sure they can buy the bits online cheaper, but their boiler is working short shrift if I turn up. So my mark up is high on oil parts I carry, but for good reason. For example, I popped out to a leaking gas boiler today, AAV failed, whpiped out the guts and new workings in, cost them over £100, but they got there boiler working first thing monday morning, in less than 30 mins and they were chuffed all round, others would have charged a lot less and had to go to a merchants 10 miles away for parts, who is going to get the next callout???
 
Problem is customer can go on line and find price same or better than we pay so if we put 100% mark up against every day item it gives impression we are expensive. Better not to give itemized account on invoice. If itemized account required, then time and travel costs can be added together with ancillary expenses. this will usually recoup more than any 100% mark up. And charge for your knowledge in knowing what to buy.
 
reach 100 posts, apply for the pub membership then discuss on there.
untill then-thread closed! and has been moved into the plumbers arms.
 
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