When I do a state or federal contract, a laborer costs me $1K for a 10hr day. Since I don’t have an Insurance or retirement program that laborers check for that day is ~$600. A laborer who brings a lunchbox, I supply the hard hat.
Shop rates for a machine shop are $120hr plus in the lower 48. More for medical/aerospace type work. Think a gunsmith putting his/her machining skills gets that? Tightwad shooters would have a coronary.
Go ahead and give full-time gunsmithing a whirl. Don’t burn any bridges from your day job though.
No doubt there are some financially successful shops. I’d lay odds that the money came from elsewhere to get going at most of them. Debt service is a bitch.
I read a rundown once that Frank at Bartlein Barrels wrote about their process. Boiled down, seemed like they have about 3.5 man hours plus the material in a $400 contoured blank. I tell ya it’s a goldmine after paying multiple employees!
Shop rates for a machine shop are $120hr plus in the lower 48. More for medical/aerospace type work. Think a gunsmith putting his/her machining skills gets that? Tightwad shooters would have a coronary.
Go ahead and give full-time gunsmithing a whirl. Don’t burn any bridges from your day job though.
No doubt there are some financially successful shops. I’d lay odds that the money came from elsewhere to get going at most of them. Debt service is a bitch.
I read a rundown once that Frank at Bartlein Barrels wrote about their process. Boiled down, seemed like they have about 3.5 man hours plus the material in a $400 contoured blank. I tell ya it’s a goldmine after paying multiple employees!