How much does it cost to start a epoxy flooring business?

• $20,000 - For a Used Truck or Cargo Van

• $1o,000 - Equipment and Inventory (Chemicals, Epoxy, Grinders, Vacuums, and Rolling Tools)

• $200 a year for a website

• $2,000 a Year for Insurance - If you need insurance, reach out to Wexford Insurance, they work with a lot of Epoxy Flooring Businesses. wexfordins.com

• $2,000 a Year for Marketing

• TOTAL COST TO START: $34,200

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How much money can you make starting a epoxy flooring business?

• The average cost to install an epoxy floor on a garage floor is $2,000 - $3,000

• How much money do epoxy flooring businesses make a year?

  • With installing 15 garage floors a month ($2,500 per install) you will make $37,500 a month and $450,000 a year.

 

Are Epoxy Flooring Businesses Profitable?​​

• Yes, with a low start up cost around $34,200 for the year and higher profit margins around 40%-50% an epoxy flooring business can profit over $200,000 a year if operated correctly in a busy city. 

• The challenge with this business is scaling past the local level and finding trusted employees. 

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Types of Epoxy Flooring Businesses:

• Residential Epoxy Floors

• Commercial Epoxy Floors

• Automotive Epoxy Flooring

• Industrial Epoxy Flooring

• Food Service Epoxy Flooring

• Anti-Slip Epoxy Flooring

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Positives of a Epoxy Flooring Business

• This business is in a niche. There are not a lot of epoxy flooring busineses, therefore you have less competition than traditional flooring businesses..

• This Business is always needed. People do not know how nor want to install epoxy flooring. 

• This business has high profit margins.  

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How do you get epoxy flooring jobs? 

• Create a website with SEO (Search Engine Optimization) and post on social media apps. 

• Network with local home builders, general contractors, home remodelers, etc. 

• Sign up with Contractor Back Office (contractorbackoffice.com) to get leads for epoxy flooring jobs. 

 

How to Start a Epoxy Flooring Business 

1. ​Save up money for down payments on equipment

2. Form your LLC with the Federal Government and Local Government

3. Create your website and social media pages

4. Purchase Insurance

5. Find a Lawyer to draft your customer service contract

6. Make connections with local realtors, contractors, property managers, and homeowners.

7. Implement local marketing. 

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