Contractor Profit

Biggd · 08-03-2024, 03:36 PM

In the real world, a contractor would mark up the job 100%. Whatever your materials cost, double it. Obviously, he's not making 100% mark up with labor, insurance costs, and other expenses.
With the market today and all the work available to them I'm sure it's more now.
So, bottom line I would expect them to come away with at least 30% if not more.
I think in most service related businesses, if the owner isn't making 30% for himself, he's better off just getting a job!
Most successful business owners work 60 plus hours a week.

08-03-2024, 03:36 PM	#6
Biggd Senior Member Join Date: Nov 2016 Location: Waltham Ma./Meredith NH Posts: 4,135 Thanks: 2,232 Thanked 1,193 Times in 759 Posts	In the real world, a contractor would mark up the job 100%. Whatever your materials cost, double it. Obviously, he's not making 100% mark up with labor, insurance costs, and other expenses. With the market today and all the work available to them I'm sure it's more now. So, bottom line I would expect them to come away with at least 30% if not more. I think in most service related businesses, if the owner isn't making 30% for himself, he's better off just getting a job! Most successful business owners work 60 plus hours a week.