Furniture restoration

I was helping a customer that spent almost 2 grand on my services a couple of weeks ago, they need their dining table re sanded and refinished, this is a 10 person dining table, so it’s a long one, called a few companies, including one company that does wood floor ( my own customer ) and he never called me back, the other 2 called me back and gave me the exact same price, $ 950
When I asked how long will it take to get it done, they said 2 weeks
Damn, is it even profitable to get that much money in 2 weeks ? I know they probably are spending a couple of hours every day, but still, even 10 labor hours makes it $ 95 / hour which is not much considering they have to spend money on material ( lacquer finish, wood stain, etc ).

I wonder if they chemically remove the old stain on the wood as opposed tonrhe slow sanding process

That is a big table, but it really depends on their methods and materials.

I refinished my parents dining table as a teenager and it was pretty simple task. That one had 3 extension pieces and sat 15 people....took me a day to strip it down, and 3 days to refinish due to dry times between layers. The actual time spent applying the finish was not much.

Tools and materials have changed a lot since the '80's so it is probably a 5-7 hour job today. That still doesn't leave much of a profit margin unless they are planning a lot of shortcuts like just chemically removing the gloss finish and applying a poly coating right over the top....that probably takes 3 hours from start to finish.