Business Idea: Become A General Contractor in 2024

Pat Walls

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Updated: October 2nd, 2024

Avg Monthly Revenue

$189K

Avg Startup Costs

$18K

Market Size

$1.29T

Avg Revenue

$189K/month

Avg Days To Build

30 days

Market Size

$1.29T

Avg Revenue

$189K/month

Avg Days To Build

30 days

Have an eye for construction and management? Consider starting a general contracting business. A general contractor oversees all aspects of a construction project from start to finish, ensuring coordination between different trades and making sure everything runs smoothly.

Your role involves managing subcontractors, sourcing materials, and keeping projects on schedule and within budget. It’s challenging but deeply rewarding for those with organizational skills and a knack for hands-on problem-solving.

The upside? You’ll be at the heart of building something tangible and impactful, from homes to commercial spaces. By fostering reliable networks with suppliers and subcontractors, and maintaining high standards of workmanship, you’ll build a reputation that keeps clients coming back.

Think you’ve got what it takes to juggle multiple responsibilities and lead a team to success? Starting a general contracting business could be your path to a fulfilling career in construction.

Revenue & Profitability

How much do general contractors make?

On average, successful general contractors report $2.27M/year in revenue.

Startup Costs

How much does it cost to become a general contractor?

It can cost as low as $3,000 to become a general contractor.
It can cost as high as $5,000 to become a general contractor.

Learn more about the costs of a general contractor.

Examples Of Successful General Contractors

Successful general contractor businesses and case studies

Growing An Exterior Remodeling Company From $3.5K To $9M/Year

Carolina Exteriors is a residential home improvement service that generates $4,000,000 in revenue annually, with 12 full-time employees and over 50 trade partners, developed in response to the previous housing crisis and their founders' belief that contractors needed to be more customer-focused.

$350K Monthly Revenue

$3.5K Startup Costs

Read by 10,914 founders

From Zero To $100K Net Profit/Year: How This Husband & Wife Built A Home Painting Company

Hometown Painting LLC, an exterior residential painting company founded by a husband-wife duo, went from no sales in their first year to over $100,000 net profit the next year, and is projected to reach half a million in annual sales with a 30-35% net margin with continued growth and adding more crew in the next year.

$27.5K Monthly Revenue

$3K Startup Costs

Read by 3,019 founders