Other Building Equipment Contractors Revenue Benchmarks

How much does the average other building equipment business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$5.8M

per year

💰

Profit Margin

7.0%

industry average

📈

Revenue / Employee

$276K

per year

👤

Total Businesses

6,588

in the US

🏢

Est. Owner Income

$409K

small business avg

💵

Labor Cost

30.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

2.0

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$350K
5-9 employees
$1.3M
10-19 employees
$3.0M
20-99 employees
$9.8M
100-499 employees
$42.7M
500+ employees
$278.0M

🏆 Highest Revenue States

1.Louisiana$10.7M avg2.Maryland$9.9M avg3.Kentucky$9.5M avg4.North Dakota$8.7M avg5.Massachusetts$8.5M avg6.Kansas$7.8M avg7.Hawaii$7.6M avg8.New York$7.2M avg9.Alabama$7.1M avg10.Minnesota$7.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

10.5%

openings/year

Closure Rate

8.39%

closings/year

Net Job Growth

+4.08%

annual

Businesses Closed

12,921

in 2023

Firm Count Trend

19
20
21
22
23
165,546 firms177,201 firms

💡 Should You Start a Other Building Equipment Business?

Startup Cost

$25K – $150K

Break-Even

3 months

5-Year Survival Rate

52.0%

🆚 Related Industries

Residential Remodelers$581KPlumbing, Heating, and Air-Conditioning Contractors$2.4MElectrical Contractors and Other Wiring Installation Contractors$2.7MNew Single-Family Housing Construction (except For-Sale Builders)$766KSite Preparation Contractors$2.5M

Compare Other Building Equipment Contractors revenue with other industries:

vs Residentialvs Plumbing,vs Electrical