Flooring Contractors Revenue Benchmarks

The average flooring contractors business in the United States generates $878K in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 17,399 flooring contractors businesses in the U.S., employing 82,715 workers with an average profit margin of 7.0%.

What Does a Flooring Business Actually Do?

Contractors that install, repair, and refinish floors — hardwood, vinyl (LVP), tile, laminate, and carpet. Most operate as install-only shops; some carry inventory and sell materials.

Who buys: Homeowners (remodel and repair), general contractors on new construction, commercial property owners.

Average Revenue

$878K

per year

Profit Margin

7.0%

industry average

Revenue / Employee

$185K

per year

Total Businesses

17,399

in the US

Est. Owner Income

$61K

small business avg

Labor Cost

30.0%

of revenue

Avg Employee Wage

N/A

per year (BLS)

Market Saturation

5.2

firms per 100K people

How Much Do Flooring Contractors Charge?

Flooring contractors quote per square foot installed, with material choice as the biggest driver.

ServiceTypical range
Vinyl / LVP install
$3–8/sqft installed
Laminate install
$4–9/sqft installed
Engineered hardwood
$8–20/sqft installed
Solid hardwood
$10–25/sqft installed
Tile install
$6–20/sqft installed
Carpet install
$3–11/sqft installed
Refinish existing hardwood
$3–8/sqft

Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.

Complete flooring business plan

A 12-section data-backed business plan for a flooring contractors business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the flooring contractors industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

38%
30%
17%
7%
CategoryPer $100 revenue
Materials & subcontractors
$38
Wages & benefits
$30
Rent & facilities
$5
Marketing & advertising
$3
Other operating costs
$17
Net profit
$7

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

Average Revenue by Business Size

1-4 employees
$211K
5-9 employees
$1.0M
10-19 employees
$2.4M
20-99 employees
$7.7M
100-499 employees
$35.8M
500+ employees
$87.8M

Industry Dynamics (Census BDS 2023)

New Business Rate

12.52%

openings/year

Closure Rate

12.01%

closings/year

Net Job Growth

+0.76%

annual

Businesses Closed

11,043

in 2023

Firm Count Trend

19
20
21
22
23
103,117 firms109,078 firms

Should You Start a Flooring Business?

Startup Cost

$25K$150K

Break-Even

17 months

5-Year Survival Rate

52.0%

Frequently Asked Questions

What does a flooring contractors business do?
Contractors that install, repair, and refinish floors — hardwood, vinyl (LVP), tile, laminate, and carpet. Most operate as install-only shops; some carry inventory and sell materials. Homeowners (remodel and repair), general contractors on new construction, commercial property owners.
How much do flooring contractors charge?
Flooring contractors quote per square foot installed, with material choice as the biggest driver. See the pricing table above for typical rates by service type.
How much does the average flooring contractors make per year?
The average flooring contractors business generates $878K in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $61K per year at a 7.0% profit margin.
How many flooring contractors businesses are there in the US?
There are 17,399 flooring contractors businesses operating in the United States, employing a total of 82,715 workers.
How much does it cost to start a flooring contractors business?
Startup costs for a flooring contractors business typically range from $25K to $150K, with a 5-year survival rate of 52.0%.

Industry Growth & Survival

53%
Est. 5-year survival rate
+0.8%
Net job growth rate
109,078
Total firms (2023)

The flooring contractors industry is relatively stable — with a net job growth rate of 0.8%. Entry and exit rates are balanced at 12.5% and 12.0% respectively.

Approximately 53% of flooring contractors businesses survive their first 5 years. This is near the national average (~50%), with typical business risk. In 2023, 11,043 firms in this industry closed permanently.

Industry Trend (2000–2023)

77K89K102K114K126K20002005201020152020Number of Firms

The flooring contractors industry has grown 12% since 2000 (from 97,183 to 109,078 firms).

See full historical statistics →

Compare Flooring Contractors revenue with other industries: