Other Foundation, Structure, and Building Exterior Contractors — Business Survival Rate
An estimated 54% of other foundation, structure, and building exterior contractors businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 11.5%.
Is Other Foundation, Structure, and Building Exterior a Good Business to Start?
With a 54% five-year survival rate, other foundation, structure, and building exterior contractors is near the national average (~50%). This means roughly half of new entrants will still be operating after 5 years — typical business risk that rewards solid planning and execution.
The annual exit rate of 11.5% indicates moderate turnover. Success depends on differentiation, location, and operational efficiency rather than inherent industry advantages.
Entry vs. Exit Rates
Annual rate of new businesses opening versus existing businesses closing.
Net positive: more businesses opening than closing (+1.2 pp spread).
Job Creation & Destruction
The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 947,903 workers across 88,283 firms.
Want to know how much other foundation, structure, and building exterior contractors businesses actually make?
See full revenue benchmarks for Other Foundation, Structure, and Building Exterior Contractors →Frequently Asked Questions
- What percentage of other foundation, structure, and building exterior contractors businesses fail?
- Approximately 46% of other foundation, structure, and building exterior contractors businesses fail within their first 5 years. The annual closure rate is 11.5%, with 8,367 firms closing permanently in 2023.
- Is the other foundation, structure, and building exterior contractors industry growing or shrinking?
- The other foundation, structure, and building exterior contractors industry is currently growing with a net job creation rate of +2.4% per year. New businesses are entering at 12.7% while 11.5% close annually.
Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.