2 General Contractor Success Stories [2024]
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.
In this list, you'll find real-world general contractor success stories and very profitable examples of starting a general contractor that makes money.
1. Carolina Exteriors ($4.2M/year)
Founders Clifton Muckenfuss and Wesley started Carolina Exteriors in 2010 during the housing crisis and recession. They noticed that many contractors were struggling due to their lack of business acumen, so they created a customer-focused company with strong systems and processes. With an initial investment of $3,500, Carolina Exteriors now generates $4,000,000 in annual revenue and employs 12 full-time team members.
How much money it makes: $4.2M/year
How much did it cost to start: $3.5K
How many people on the team: 10
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.
2. Hometown Painting LLC ($330K/year)
Matt and his wife started Hometown Painting LLC, a local painting company in Oklahoma City, after recognizing the need for high-quality and efficient painting services in their area. Despite facing challenges and not making any sales in their first year of operation, they grew the business to the point where it now generates over $100,000 in net profit. Through business coaching and implementing effective systems, they were able to overcome obstacles and create a successful painting company.
How much money it makes: $330K/year
How much did it cost to start: $3K
How many people on the team: 2
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.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.