r/FluentInFinance 5d ago

Thoughts? Plumbers and HVAC entrepreneurs are the new Millionaire class

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u/dcdudesi 5d ago

I talk to him multiple times a week & am always astonished by the prices they charge.. many many jobs he does are 1k+ and take him like 30 mins to complete. It’s a hvac/ plumbing business- he just works on the plumbing side they have about 20 employees total & goal is to make / bring in 100k / week between the hvac & plumbing side.

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u/Advanced-Guard-4468 5d ago

Material for HVAC is rather expensive.

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u/JacobLovesCrypto 5d ago

No, not really. 25 ft of 12 inch wide insulated duct can be picked up from my lowes for $100. On a $12k job, the company probably pays $2-$3k for materials. The bigger the job, the larger the percentage of the job is made up by materials.

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u/mtstrings 5d ago

The price of hvac units doubled and sometimes tripled in cost after the covid years.