That's a lot of $ for a basic color and paint. Here in AZ the basic blast and podwer coat for a mini is about $100. If you want a specialty metallic color and/or clear coat then expect $150-$200. But a basic color and sand blast is about $100. I'd keep looking around...you might be able to find your $80-$100 prive range.
Despite what some on here say, there is NOTHING that compares to powder coat! A good job with clear coat looks better than paint, lasts longer and doesnt chip very often. It's the only way to go, if you want the true professional look for a semi-reasonable price. I've had them done various ways, from Dupli-color cans, professional house of kolors paint and powder coat and I'd go PC hands down anytime. A professional paint job with high end paint is just too damn expensive, and still wont last as long as PC. That's my 2cents...