They may be great plumbers and yet not know the first thing about running a business or knowing what they should be charging in order to be successful.
When I first started this business in 1992, after working 18 years for others, I too was quoting pretty low, to "get my foot in the door".
I remember losing one job, the customer said the other contractor didn't think I knew what I was doing with such a low quote.
Well, this annoyed me, I knew how good I was, and fast I could do things. And yes, it was quoted low. When I saw that guy at the plumbing supply, I asked who it was that was talking about my abilities without knowing me. He played dumb. Said it musta been someone else.
But the lesson was learned. A bid too cheap, just looks stupid to others. When I raised my pricing up, I stopped losing jobs like that.
Now that I've been in business for a while, I need to add more staff.
Right now we are doing the fixture replacement pretty good, and I've dropped some of the old time plumbing I used to do.
It was fun in the old days, when homes where splits, two baths up, with a rough bath and laundry in the basement.
If I was running waste, I would be done in 7 hours and if I was running copper and setting the tub, I could finish in 6.75 hours including the one hour driving time.
With the two of us, we could rough-in five three bath houses a week.
But that was then, and this is now. They don't build houses like that anymore, there is a lot more pipe, more fixtures, and everything has more wood and it's all sized up so much bigger.
Remodel is even worse, as far as how long things take.
I don't discount much for ditch digging, like Cass says, it needs proper grade, and size to work in. That, and I can dig much faster than most. It doesn't really take me that much time.
Those splits that I plumbed above, they had ditches that were about 33 feet long.
If I were looking at todays remodel pricing, I would be thinking about 5 hours per fixture as a staring point.
If I was looking at three fixtures, I would add one more, because it has to tie in somewhere, and that take time.
Remodel is way different than new construction plumbing in a split.
New construction plumbing with wood floors can be 3.5 hours a fixture.
OK, stop right here, without seeing it, there is now way I can say.
The outside 4" sewer, which I'm not licensed to do, (I've done some though) is a small job to itself.
It may be sand, it may be rock.
If someone had bumped thier pricing double for similar work, it may be that they are busy at the moment, and don't know how to say no otherwise.
Either way, I need to hire more workers.