Polished Concrete vs VCT: Long Term Cost Comparison
Polished Concrete flooring is one of the fastest growing construction trades. One of the drivers of this growth is the long term cost compared to other floor finishes. Here is an excerpt from the Concrete Contractor magazine.
Polished Concrete Value Breakdown
“To give you a real-world comparison let’s look at a grocery store. The average store has 45,000 square feet of sales floor, of which 35,000 square feet is exposed (not under shelving or displays). This store will spend $135,000 ($3.00 per foot by 45,000 feet) initially to install VCT and then over the next ten years, they will spend a total of $700,000 (exposed area of 35,000 feet by $2.00 per foot) on maintenance.
When it is time to replace their VCT they will spend another $202,500 ($4.50 by 45,000 feet) for removal and replacement. Therefore, the total cost of their VCT floor is $1,037,500 over ten years.
A polished concrete floor would cost them $225,000 (45,000 feet by $5.00 per foot) to install then over ten years they will spend $350,000 (35,000 exposed floor space by $1.00 per foot per year) to maintain their floors.
Futurecast of Polished Concrete Value
At ten years, they need to refurbish the floor so they will spend another $67,500 (45,000 feet by $1.50 per foot) to bring the floor back to where it was at construction. The total ten-year cost is $642,500. The polished concrete saved the store $395,000 over ten years. That is called ROI or Return on Investment. This is the single largest driver of polished concrete flooring.”
Give us a call today to see how Southland can save your business time and money. (941) 721-4900.
