How To Start a Epoxy Flooring Business in
Tennessee
Wondering how to start a epoxy flooring business in Tennessee? Looking to start a epoxy flooring business? Nate Jones Entrepreneur is here to help you with a free epoxy flooring business plan below. Starting your epoxy flooring business in Tennessee the correct way is important.
How much does it cost to start a epoxy flooring business?
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$20,000 - For a Used Truck or Cargo Van
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$1o,000 - Equipment and Inventory (Chemicals, Epoxy, Grinders, Vacuums, and Rolling Tools)
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$200 a year for a website
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$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
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$2,000 a Year for Marketing
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TOTAL COST TO START: $34,200
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How much money can you make starting a epoxy flooring business?
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The average cost to install an epoxy floor on a garage floor is $2,000 - $3,000
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How much money do epoxy flooring businesses make a year?
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With installing 15 garage floors a month ($2,500 per install) you will make $37,500 a month and $450,000 a year.
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Are Epoxy Flooring Businesses Profitable?​​
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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.
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The challenge with this business is scaling past the local level and finding trusted employees.
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Types of Epoxy Flooring Businesses:
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Residential Epoxy Floors
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Commercial Epoxy Floors
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Automotive Epoxy Flooring
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Industrial Epoxy Flooring
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Food Service Epoxy Flooring
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Anti-Slip Epoxy Flooring
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Positives of a Epoxy Flooring Business
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This business is in a niche. There are not a lot of epoxy flooring busineses, therefore you have less competition than traditional flooring businesses..
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This Business is always needed. People do not know how nor want to install epoxy flooring.
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This business has high profit margins.
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How do you get epoxy flooring jobs?
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Create a website with SEO (Search Engine Optimization) and post on social media apps.
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Network with local home builders, general contractors, home remodelers, etc.
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Sign up with Contractor Back Office (contractorbackoffice.com) to get leads for epoxy flooring jobs.
How to Start a Epoxy Flooring Business
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​Save up money for down payments on equipment
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Form your LLC with the Federal Government and Local Government
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Create your website and social media pages
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Purchase Insurance
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Find a Lawyer to draft your customer service contract
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Make connections with local realtors, contractors, property managers, and homeowners.
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Implement local marketing.
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Nashville - Memphis - Chattanooga - Knoxville - Johnson City - Murfreesboro
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How to find a business idea that fits your lifestyle.
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How to uncover business ideas that no one else is starting.
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How to potentially buy your first business instead of starting one.
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How to start your business and set it up to succeed.
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How to scale your business so you have a life.
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Looking for a Business Idea?
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