With regarding GP i am particularly look at what would be the average GP margin expected for a sole trader plumber?
Thankyou for any assistance.
david
Replies (2)
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Sounds about right
I assume both are general plumbers and install & repair, 50% sounds about right to me. It will differ, of course, if the sole trader becomes - or is - more of a specialist.
GP %
Just finished set of accounts for plumbing & heating engineer - GP % for last 3 years have been between 43% and 50%.
Checked another one of mine and his has been 54% and 55% for last 2 years.