Case Study
We save you 19% compared with standard building costs
All Builders work out the costs of the Labour and Materials to complete your project;
Standard Builders will then add a “mark-up” which is generally between 25% and 35% to cover their overhead and profit margin. VAT is then added at 20%
TEAMWORK however do not charge a “mark-up” and we do not charge VAT on all our labour. The result is a cheaper build at less cost
Usual Builder's Costs
| Labour | £30,000 |
|---|---|
| Material | £40,000 |
| Build Time | 7 weeks |
| Total Cost Excluding VAT | £70,000 |
| Mark-up (overheads and profit at 25%) | £17,500 |
| Cost Excluding VAT | £87,500 |
| VAT at 20% on all costs | £17,500 |
| Management Fee | £0 |
| Total Usual Builders Cost Including VAT | £105,000 |
The TEAMWORK Way
| Labour | £30,000 |
|---|---|
| Material | £40,000 |
| Build Time | 7 weeks |
| Total Cost Excluding VAT | £70,000 |
| Mark-up (overheads and profit at 25%) | £0 |
| Cost Excluding VAT | £70,000 |
| VAT at 20% on all costs | £8,000 |
| Management Fee | £7,000 |
| Total TEAMWORK Cost Including VAT | £85,000 |
