Home Improvement Business

Business Idea: Start A Home Improvement Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$18.8K
Avg Startup Costs
$18K
Market Size
Avg Revenue
Avg Days To Build
60 days

Want to turn your DIY skills into a profitable venture? Consider starting a home improvement business. At its core, this business involves providing a range of services like renovations, repairs, and remodeling for residential properties.

The beauty of this idea lies in its versatility; you can specialize in various niches from bathroom upgrades to whole-house renovations. With the constant demand for home improvements, a well-executed project can lead to repeat business and referrals.

However, it’s important to know that the work is hands-on and often physically demanding. Marketing your services, sourcing materials, and managing client expectations require a mix of skills. Yet, the reward is seeing the tangible transformation of spaces and the satisfaction of happy clients.

If you’re good with tools and enjoy making spaces more livable, this could be the right business idea for you.

Revenue & Profitability

How much do home improvement businesses make?

Examples Of Successful Home Improvement Businesses

Successful home improvement business businesses and case studies

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

Stacy Ling's garden blog generates an impressive $10K/month in revenue through ad revenue, affiliate sales, and brand sponsorships, stemming from her passion for plants and home decor that started in 2018.

$10K Monthly Revenue
Read by 364 founders

See full list of successful home improvement businesses.