Electrical Contractors and Other Wiring Installation Contractors vs Residential Remodelers
Side-by-side revenue comparison of these two business types.
| Metric | Electrical Contractors | Residential Remodelers |
|---|---|---|
| Average Revenue | $2.7M | $581K |
| Profit Margin | 7.0% | 7.0% |
| Est. Owner Income | $189K | $41K |
| Revenue / Employee | $230K | $174K |
| Labor Cost % | 30.0% | 30.0% |
| Total Businesses | 77,550 | 127,394 |
| Startup Cost (Low) | $15K | $50K |
| Startup Cost (High) | $75K | $250K |
| 5-Year Survival Rate | 58.0% | 50.0% |
| YoY Growth | 7.0% | 7.0% |
| Avg Employee Wage | N/A | $60K |