Residential and Commercial Roofing Contractor
| Gross Revenue: | $2,492,000 |
| EBITDA: | $116,000 |
Description:
The company is a roofing contractor servicing residential and commercial markets. The company’s expertise includes new construction as well as roof replacements, roof repairs, roof maintenance, and inspections.
Key Aspects:
• Adjusted EBITDA margins have averaged 15.1% from 2019 to 2021
• Historically, repairs and roof replacement projects accounted for approximately 90% of revenue
• $223K of backlog as of July 28, 2022, according to management
• Knowledgeable and highly skilled employees
• Factory-trained roofing service workers
• Excellent reputation for quality and service
• A+ rating by the Better Business Bureau (BBB)
Opportunities:
• Expand commercial market capacity
• Continue to expand geographically
• Expand service offering into solar panel installations to capture market share in a quickly growing solar industry
• Tap into the local industrial market to provide roofing services to manufacturing plants
Headquartered:
• Southeast, US
Current Markets:
• The company serves individual homeowners, property management companies, general contractors, and businesses within the surrounding areas of its headquarters
Real Estate:
• The company operates from a 1,500 sq. ft. facility leased from an unrelated third party
Shareholder Ownership:
• The company is owned by two shareholders, a husband and wife
• One owner is active in the operations of the business, while the other is inactive
• The active owner is open to remaining with the company for a transitionary period to ensure a smooth transfer of ownership
