New Multifamily Housing Construction (except For-Sale Builders) vs Residential Remodelers
Side-by-side revenue comparison of these two business types.
| Metric | New Multifamily | Residential Remodelers |
|---|---|---|
| Average Revenue | $4.4M | $581K |
| Profit Margin | 7.0% | 7.0% |
| Est. Owner Income | $307K | $41K |
| Revenue / Employee | $321K | $174K |
| Labor Cost % | 30.0% | 30.0% |
| Total Businesses | 3,481 | 127,394 |
| Startup Cost (Low) | $25K | $50K |
| Startup Cost (High) | $150K | $250K |
| 5-Year Survival Rate | 52.0% | 50.0% |
| YoY Growth | 6.0% | 7.0% |
| Avg Employee Wage | $102K | $60K |