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I am a 37 year experienced painter(retired now) and also did alot of restoring and refinishing furniture in a small shop of mine (20x20)..It can be well profitable but with refinishing, never give A "straight price" for A job and offer services by the hours spent on the project. Some finishes will come right off with one application of stripper, when others may take 5 or 6 applications, thus costing more in materials and labor. I have lost some money on A few projects when I first started the buisiness from a "straight price" method, and yet made alot on them too. I ended up converting to strictly Hourly, kept tags on each piece of furniture that recorded the time spent and date etc...Some finishes and stripping could take a few days due to drying times, working times, detailed trims etc.Some small steps may take only 20 or 30 minuates at a time so you record each time it is worked on.Keep in mind if you ever get set up big enough to have a dipping tank for strippers that you can literaly dip the whole piece of furniture in it and let soak in stripper, that afterwards dismantling it may be required due to the stripper eating at the glues in the dowel joints etcetera and making the piece wobbly.When I dipped furniture like that I always let the customer aware that I would have to replace all dowels and specialty joints with wood glue on them..insert new dowels and reglue, so they will expect the cost to be quite high, but yet honest hourly and recorded. Never dip a piece of furniture and not replace dowels and glued areas or you will end up with some unhappy customers about a month after thier piece of furniture starts to wobble or fall apart. Alot of people strip furniture, redo it and do not replace dowels and glue, only to find thier new pretty finished desk falling apart
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- Thanks for your suggestions! I wasn't thinking of a straight price for items regardless of work, more like determining the value once finished, but I love the idea of hourly rates as a base!