What Is the Average Markup on Hardware? Markup and Profit Margins in Different Industries
General Contractors The average markup for general contractors to achieve a 35% margin is 54%, or 1.54. Profit margins for different types of projects are: remodeling 42%, specialty work 34%, and new home construction 25%. Labor costs can be calculated by multiplying the hourly rate by hours required per unit. Retail Markup Strategies Markup on … Read more