Other Building Equipment Contractors Revenue Benchmarks

The average other building equipment contractors business in the United States generates $5.8M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 6,588 other building equipment contractors businesses in the U.S., employing 139,415 workers with an average profit margin of 7.0%.

What Does a Other Building Equipment Business Actually Do?

Specialty contractors installing building systems — elevators, escalators, security, fire suppression, building automation.

Who buys: Commercial building owners, developers, general contractors.

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

How Much Do Other Building Equipment Contractors Charge?

Specialty contractors installing elevators, escalators, security systems, or specialized building equipment.

ServiceTypical range
Residential elevator install
$25,000–75,000
Commercial elevator install
$50,000–250,000
Fire suppression system
$3,000–20,000 residential; $20K–150K commercial
Building automation system
$1–5 per sqft installed

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

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A 12-section data-backed business plan for a other building equipment 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.

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Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the other building equipment 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
$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

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%

Frequently Asked Questions

What does a other building equipment contractors business do?
Specialty contractors installing building systems — elevators, escalators, security, fire suppression, building automation. Commercial building owners, developers, general contractors.
How much do other building equipment contractors charge?
Specialty contractors installing elevators, escalators, security systems, or specialized building equipment. See the pricing table above for typical rates by service type.
How much does the average other building equipment contractors make per year?
The average other building equipment contractors business generates $5.8M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $409K per year at a 7.0% profit margin.
How many other building equipment contractors businesses are there in the US?
There are 6,588 other building equipment contractors businesses operating in the United States, employing a total of 139,415 workers.
How much does it cost to start a other building equipment contractors business?
Startup costs for a other building equipment contractors business typically range from $25K to $150K, with a 5-year survival rate of 52.0%.

Industry Growth & Survival

65%
Est. 5-year survival rate
+4.1%
Net job growth rate
177,201
Total firms (2023)

The other building equipment contractors industry is actively growing — adding jobs at a net rate of 4.1% per year. New establishments are opening faster than existing ones close (10.5% entry vs 8.4% exit), indicating healthy demand.

Approximately 65% of other building equipment contractors businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 12,921 firms in this industry closed permanently.

Industry Trend (2000–2023)

127K144K161K178K195K20002005201020152020Number of Firms

The other building equipment contractors industry has grown 24% since 2000 (from 143,261 to 177,201 firms).

See full historical statistics →

Compare Other Building Equipment Contractors revenue with other industries: