An opportunity to acquire a well-established residential roofing company based in Dallas, Texas. With over 30 years of industry experience, this business is operated by the original founder, who is now looking to retire. The company serves the Denton County area, which experiences annual hail storms, providing a reliable revenue source.
Financial Highlights
| 2021 | 2022 | 2023 | Jan – Aug 2024 | 2021 – 2023 Average | |
| Revenue | $735,000 | $494,000 | $1,021,000 | $640,000 | $750,000 |
| SDE | $220,000 | $179,000 | $461,000 | $240,000 | $286,667 |
Important to note that the owner had a hip surgery in 2022 and was out of work for several months. That’s the reason for the lower revenue and SDE that year.
With an asking price of $575,000 this business has a 2X multiple on the average of the last 3 years and a 1.25X multiple on last year’s SDE.
Key Highlights
- Location: Dallas, TX (primarily servicing Denton County). The company is currently being operated out of the owner’s home office.
- Perfect 5/5 star reviews across Google, Yelp, BBB, and more, with over 50 positive reviews.
- Established for over 30 years, led by a founder with 40+ years of roofing experience.
- No marketing or advertising: All revenue is driven organically through referrals and repeat customers.
- Long-term subcontractor relationships: The company works with crews who have been with the business for over 20 years.
- Staff: The company has 1 office staff member (started 6 months ago) who handles administrative tasks and is willing to stay with the company post-sale, 1 in-field worker responsible for inspections and quotes and several crews with many subs that have been working with the company for 20+ years handling all roofing work, ensuring consistent quality.
Growth Opportunities
- Untapped marketing potential: The company has never advertised and has never knocked on a door. There is substantial opportunity to grow revenue by implementing a marketing strategy.
- Expansion possibilities: The business could expand into adjacent counties or further build on its existing reputation in Denton County.
- Room to scale sales: A sales team could significantly increase customer acquisition.
Stability & Potential
This company operates in one of the most hail-prone areas in the U.S., providing a steady stream of insurance claim-based work. With no bad reviews in over 20 years and a consistent track record of high-quality workmanship, this business is positioned for continued success under new ownership.
This is a rare opportunity to acquire a highly reputable business with a stable, loyal customer base and significant room for growth.
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.