Is this niche too small?
Corey Quinn
Founder, Deep Specialization™
The facts may surprise you.
Generalist Agency Founder: Only focus on plumbers? That niche is too small!
Me: You may want to think again.
There are 156,986 plumbing businesses in the US today. Assuming you had a mere 1% of the plumber market, you’d have 1570 plumbers as clients. Assuming your average annual revenue per plumbing client is $12,000, your plumbing-only agency would be doing $18,838,320 annually.
At 20% profit, you'll be pocketing $3,767,664.
Generalist Agency Founder: Whoa, that's not bad!
Me: 😎
Have a great day!
CQ
About Corey Quinn
Founder, Deep Specialization™
Corey helps founder-led agencies scale through Deep Specialization™ and programmatic M&A. Former CMO of Scorpion ($20M to $200M). Author of "Anyone, Not Everyone."
