Acquisition Opportunity: Florida Residential Roofing Contractor

We are representing a leading roofing contractor based in Florida, with over 20 years of exceptional service in the industry. The company is uniquely positioned for significant growth, particularly in the roof replacement and repair market, and offers a strong financial performance with a clear path for expansion.

Key Highlights:

Revenue and Profitability: The company reported a trailing twelve months (TTM) revenue of $8.72 million with an adjusted EBITDA of $1.48 million. Projected revenue for 2024 is $8.72 million with an adjusted EBITDA of $1.52 million.

Market Position: Established in 2003 with roots dating back over 50 years, our client has maintained strong profitability through long-standing builder relationships in the residential sector. The company operates from a 5,000 sq. ft. facility on 2 acres of land in a high growth area of Florida with a seasoned team of 22 employees.

Service Expansion: Significant growth opportunities exist in expanding the roof replacement and repair division, driven by the large market of homes built between 2001-2005 that are now reaching maturity. The company is currently turning down many opportunities in the roof replacement market, indicating untapped market potential.

Market Expansion: The company is primed to expand its service offerings to neighboring high-growth areas in Florida where many of their existing builder clients currently operate.

Digital Strategy: With no current online presence or marketing spend, there is a substantial opportunity to implement a digital marketing strategy, including SEO, social media, and online advertising, to drive lead generation and brand building.

Strong Management Team: The existing management team is willing to remain post-sale and is seeking a strategic partner with expertise in sales, marketing, and direct-to-consumer strategies to drive the next phase of growth.