Benchmarking For Small Remodeling Companies
Benchmarking For Remodeling
According to Remodeling Magazine Kitchen and bath remodels rank highest as the projects that generate the most revenue for companies with revenue under $250k. The following article is about benchmarking for small remodeling companies.
Highest Ranking Projects
The next highest-ranking projects are, in order, handyman, window and door replacement, and trim carpentry.
These three projects — none of which are included in the top five by any other revenue category — are characteristic of the smaller scope and size of jobs undertaken by these smaller remodeling companies.
Much of the data from this under–$250,000 group reflect the effects of the recession
Top 10 Revenue Generators
Top 10 project types that generate the most revenue, with percentage that chose that project type:
- Bath remodeling 73.8%
- Kitchen remodeling 66.2%
- Handyman 47.7%
- Window/door replacement 38.5%
- Trim carpentry 29.2%
- Whole-house remodeling 26.2%
- Decks 21.5%
- Additions, other 20.0%
- Cabinets/built-ins 20.0%
- Additions, kitchen 16.9%
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