Obviously there’s a bunch of variables in here to factor in (local wage, rent, competition etc.) But what would you charge extra to take your concentrate to a finished packaged product for a client? I’d be doing a white label scenario. I’m toll processing for a 40-50% cut usually. They’ve asked for us to package for market.
I was thinking $0.50-$1/g (not inclusive of the packaging itself) for a labor premium plus equipment investment/amortization.
I estimate two employees should be able to handle 500 packages per hour (based on current cart filling and/or estimate for shatter packaging).
At $25/h (I want to pay well). This should end up with somewhere around $200-450/h going back into the business. I’m wanting to obviously upgrade the equipment to something more automated, so wanting to dump the capital back into more equipment.
I guess this is mostly competition and equipment dependant. But does that seem like a fair margin to charge? Does anyone have some solid numbers they’re currently using?