Founded 36 years ago by 2 childhood friends, this roofing company stands out as one of the most stable and reputable roofing contractors in the large and growing Dallas market with substantial room for growth.
With a heavy focus on residential roof replacement, this 5-star (from close to 100 reviews) reviewed contractor gets ~90% of their revenue from roof replacement & maintenance, ~10% from gutter replacement & maintenance, and ~1-2% from siding repairs.
The business has been hitting 4-5M in revenue consistently every single year for many years in a row. They had an adjusted EBITDA of 780K (380K in Net Income and 400K in owners’ salaries + add-backs). During hailstorm years, they’ll hit 8-12M in revenue. There hasn’t been a heavy hailstorm year in the DFW area for a few years, and it’s expected that there will be one in the near future. There is no better time to buy a roofing business in the DFW area.
The business is streamlined perfectly as they only have 1 office manager who is a W2 and has been with the business for 25 years, while the rest of the employees are 1099s, allowing you to scale very quickly and decreasing your labor costs just as quickly when needed. You’ll have access to many dozens of workers as needed.
This business presents a turnkey opportunity with an established reputation that can be continued as-is. Alternatively, a strategically focused buyer could leverage the company’s strong reputation and add on top of the solid foundation marketing activities and a high-performing sales engine for substantial growth and expansion.
The previous owners are open to either exiting the business right away or sticking around to help with a transition if needed. They are both of retirement age but willing to stick around and help out for as long as they are needed.
Disclaimer:
The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of his business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.