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