How to Start an Insulation Business ($675K/Year)

There is a MASSIVE NEED for an Insulation Contractor Business because there more houses being built right now than ever in history. Every one of those houses, need insulation.
How much does it Cost:
Truck: $20K
Sprayfoam rig trailer: $40K
Website, formation, bond: $500
Tools: $2,500
Insurance: $1,000
START UP COST: $64,000
Loan: 20% down, $12,800 down, $51,200- 10 year note: $676/month at 10% interest
HOW MUCH CAN WE MAKE/CASHFLOW
Average Job depending on SQFT: $3,000 - $10,000+ = $7,000 average per job.
Average length: 1-2 days
Average jobs per week: 3
2 jobs per week * $7,000 per job = $14,000/week = $56K/month = $675,000/year
CASHFLOW:
Profit Margin with Labor/Equipment/Spray foam = 40%
$56K / month - $22,400 profit per month = $270,000/ year profit!
PAY OFF DEBT! Buy another trailer.
Positives of this business:
Profitable
Always needed. TRADES
Think of ways it will fail:
JOBS - Network with home builders, custom home builders, commercial builders, investors (flippers), website, marketing, homeowners
Quality: Learn how to sprayfoam
Showing up on time: Scheduling being organized.
Legal Up
LLC
Insurance
Customer Agreement
Commit to Starting
#contractor #construction #contractors #constructionlife #businessideas #sidehustle #entrepreneur #entrepreneurship

[@ZeginMakesMusic]

I install cellulose insulation. I rent a uhaul, then drive to home depot where I buy the insulation and the machine rental is free. My cost is $500. I charge $1 per square foot making me about 2k in profit. The only actual equipment that I own is a knife. I can do more than 2 a day saving on the rentals.

[@nate_indiana_jones]

Dang that’s awesome! Crazy profit! How many days a week do you work?

[@reynaldoalpizar]

Do you need any license or anything like that to start it or can you just get an LLC and start it

[@raulchavez5025]

Is that 2k per job or 2k per week or 2 k per month??? Do you need a license or do you just work under an LLC?

[@misssteph1991]

@@raulchavez5025we make anywhere from 2-8 grand per job. Just finished our first big job for $18 grand!! We invested in a trailer instead of renting U-Haul every project

[@misssteph1991]

@@reynaldoalpizarI would say yes but I’m sure some don’t. My husband did on job training and classes. Then paid to take a test for a certificate. He’s licensed now. We started our business 14 months ago. I was extremely iffy for him to quit his job and start his own business but we’ve have nothing but great luck and now have hired a little crew.

[@Andres-y7z6r]

Thank man, super clear,I'll will Stat in March 2025 thanks again

[@nate_indiana_jones]

Awesome! If you need an insurance quote, my company works with a lot of insulation contractors as well. You can find us at wexfordins.com

[@tryhardklla8322]

Shop/wearhouse space not included. You’ll need spray foam training $950/person Marketing: $5k-35k per month (depending on what your target is) I am a successful insulation company owner and I’ll be real with y’all you can make wayy more than $270k/year cash flow. Times that x4 if you do it right. Focus on your second million. One rig won’t do it

[@nate_indiana_jones]

That’s awesome, sounds like you are crushing, any advice for someone starting out?

[@GrandeTacos]

@@nate_indiana_joneslol he uploads COD mobile game play. 100$ says my 7 year old has more in her coin jar than he really has lol

[@34556t]

Really? Come on man no way u can net a million on each truck bullshit

[@ruslee5996]

Hey bud could I ask your opinion on something? I’m in FL, where are you?

[@trevonholmes4741]

How much would I need to get started up front?

[@vicalisauskas6029]

Good video Nate. Just insurance cost in New Jersey around 12 k a year for small family company.

[@nate_indiana_jones]

Wow! That is pretty high!

[@philhensley5986]

Your insurance rates shouldn't start out that high if you have only a few employees and pieces of equipment.

[@nate_indiana_jones]

@@philhensley5986 yeah every state is different

[@DrOliverJ]

Good video however there's some things to keep in mind. The spray equipment and trailer and truck will cost $100k on the low end. The equipment not simple to fix and needs to run regularly. You should have clients already set up and be handy and somewhat mechanicaly savy. It's also very competitive in many cities.

[@nate_indiana_jones]

Awesome information, thanks for sharing!

[@diegobarnes1746]

Great content. Thanks for sharing those important tips. I am in the process of starting my own polyurea coating business. You've definitely earned a sub and am looking forward to more of your content. Keep up the great work!

[@nate_indiana_jones]

Thanks! 🫡🫡 hope your business venture goes great!

[@josejimenez7101]

Goooooood Gooooooooʻood Information and encouragement Information thanks for your videos nate.........

[@nate_indiana_jones]

I am so glad you liked it! Keep crushing it!

[@geoff3379]

great knowledge!! thankyou for sharing!

[@nate_indiana_jones]

Anytime! Glad you got value.

[@ErickaWilliamsCC]

Great content.

[@nate_indiana_jones]

Thanks 🙏🏻

[@Real_N_MS7414]

Great content!!!

[@nate_indiana_jones]

Thanks! 🙏🏻

[@jacobwaltemath1294]

A nice spray trailer with low hours near me is about 70k for the trailer and machines..

[@nate_indiana_jones]

Jeez! Pricing have gone up!

[@kylepopell3585]

I would go buy another trailer. I’d go buy extra product to have on and buy parts that tire up.

[@nate_indiana_jones]

I agree. Its always go to stock up

[@AquilesBaezaCabeza]

Not sure if I miss it but what kind of licenses does someone with no experience needs to get and which ones? Because I though you need to be a licensed contractor and to get that license is another story. ?

[@nate_indiana_jones]

Every state and county is different. It is best to research your own area.

[@TheOriginalUberGoober]

Where do we learn how to spray foam? where do we learn about the equipment. Any suggestions?

[@nate_indiana_jones]

I look for local or regional classes. Usually the equipment dealers have them

[@daggaranks1]

Hello Nate which State is probably the best to start an attic insulation business. I am Canadian interested moving to the US!

[@nate_indiana_jones]

Texas or Florida are good choices, but make sure you can survive the heat.

[@SLKR-ek9hj]

My dads been doing insulation for over 30 years and wants to start a small business where he does estimates and I would potentially spray and eventually be some sort of management position once it stable would anyone recommend this ? Located in Central Coast California

[@nate_indiana_jones]

I would! Make sure you got money saved and go for it

[@shiareich2900]

Great content do you know if there is a company who wouldn’t mind to provide some more training?

[@nate_indiana_jones]

Are asking about on the job training?

[@shiareich2900]

@@nate_indiana_jones yes

[@moonyouth955]

IDI is a good company to start with, they have everything you need and technical support when you need it on your rig

[@adamcoatta7546]

mint video!

[@nate_indiana_jones]

What do you mint? lol

[@jamesscott479]

I've been spraying foam for 30 years. I've noticed in the past couple years. There's a lot more people in this area spraying foam The market's getting saturated. The prices are going to start being cut word that free. I hate to have to owe equipment home and vehicle payments. Good luck to the new guys. I'm heading out. The profit's not as big as it used to be. You're feeding these people false information.

[@nate_indiana_jones]

Yeah if the market gets flooded, the pricing will go down.

[@hidros1461]

How much do you actually make? Realistically? Thank you

[@jamesscott479]

There are so many applicators in the market. Nowa days, it's hard to make a living, just spraying foam insulation. It's getting to be. A addition, business to heat and air drywall. Framing, you can't make a living spray in foam insulation by itself. This is my last year. People getting desperate to make ends meet. Spraying To thin and spraying off ratio is getting to be. More of a issue than ever. Before.

[@jamesscott479]

It would be hard to start a spray foam installation. Nowadays. 30 years ago I was the only guy other than one other in Oklahoma? People are doing jobs around here for less than 50 cents a square foot profit.

[@newyorktruestorys]

Bro you had it for 30 years why you complaining. Probably you didn’t use marketing and you provided bad costumer service. Things change and you have to stay on top of your business instead of complaining on youtube . The reason you are here is to discourage people to move on not everyone is your competition. Take care

[@anabetancuryoursignatureho9903]

How do you estimate a job?

[@nate_indiana_jones]

I would recommend doing extensive research, looking up other KZbin videos and potentially shadowing another company

[@MaddConstructionandRestoration]

what about Training to do all of this?

[@nate_indiana_jones]

What do you mean? Training on how to install insulation?

[@MaddConstructionandRestoration]

yes. Training on how to do an Insulation install and or spray @@nate_indiana_jones

[@nate_indiana_jones]

I would google classes and try to find one close.

[@KristinaSergeevna678]

Hello, can you tell me if it is realistic for a migrant to get such a job? My husband used to do this kind of work in Russia. If it is possible, what kind of salary can a migrant expect?

[@nate_indiana_jones]

Yes it is possible but I would recommend taking a class first or working to for someone else before starting your own.

[@jamesscott479]

I don't need to make a 180000 a yearsixty 90 thousands. Plenty for me. I could lower my price and get more jobs.

[@nate_indiana_jones]

As long as you are profitable and are comfortable living off that then that is good!

[@igorm4937]

Hi Nate! How can I contact you?

[@nate_indiana_jones]

Via my website at natejonesentrepreneur.com

[@moonyouth955]

stay with one rig. spray foam is tricky so don't make it more complicated, just make that money and not that headache.

[@nate_indiana_jones]

Exactly sometimes scaling doesn’t make sense!

[@kennethreid366]

Isn't $56k x 12 = $672k not $675k

[@nate_indiana_jones]

Yeah I may have got that wrong 😂😂

[@34556t]

Is this included paying employees or you doing it your self? On the cash flow part.

[@yanbaihuzxzxzx]

You would never make it doing insulation yourself, better to work for someone at that point as a sub of a sub.

[@nate_indiana_jones]

The 40% profit margin includes labor.

[@nate_indiana_jones]

Agreed, labor is a must and will be your biggest problem. @@yanbaihuzxzxzx

[@34556t]

@@nate_indiana_jones awesome thanks man definitely gonna do this in the future!

[@dfoster4234]

Do not, do not, do not buy into a franchise that does this. You will not be properly trained, and you will spend way more money than you really need to have spent. And if you are struggling, I don’t care. They will not provide any support and they will charge you weekly fees, regardless, if there’s any income.

[@nate_indiana_jones]

Exactly, I am pretty against franchises in most businesses.

[@mtn8926]

Why couldn’t u just start by urself

[@nate_indiana_jones]

You can. It may be hard to do it all alone.

[@christianmarcelo6864]

@@nate_indiana_joneshey I currently have a year of experience and I could say I’m pretty good, I’m working for a insulation company we encapsulate and other stuff how long u think I should stay to gain knowledge and start my own thing , I’m 20 btw