How much does it cost to start an insulation business?

• $20,000 Used Work Truck

• $40,000 - Spray Foam Rigged Trailer

• $500 - Website, Formation, and Bond

• $2,500 - Insulation Tools and Small Equipment

• ​$1,000 - Insurance - ​If you need insurance, reach out to Wexford Insurance. wexfordins.com they work with numerous insulation contractors. 

• TOTAL START UP COST: $64,000

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How much money can you make operating a insulation installation business?

• Average Job Gross Revenue: $3,000 - $10,000+ = Average: $7,000 per job.

• Average Time a job takes: 1-2 days

• Average Jobs per week: 2-3 jobs

• Simulation: 2 jobs a week ($7,000 each) = $14,000 a week = $56,000 a month = $675,000 a year.

• TOTAL REVENUE: $6750,000 a year.​

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Are Insulation Businesses Profitable?​​

• Yes, average profit margin is 35-40% including labor, material, and equipment costs. 

• 40% = $270,000 a year in PROFIT!​​​​

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Positives of an Insulation Business

• As long as you price your services adequately, you will be profitable. 

• This business will always be needed as houses are being remodeled and built. 

• This business is more of a niche contracting service which means there is less competition. 

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How do you get insulation 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 insulation jobs. 

 

How to Start a Insulation Installation Business 

1. ​Save up money for expenses and down payments.

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. Implement local marketing. ​