Business Description
For sale is a 15-year-old company that manufactures metal roofing and siding and offers post-frame building kits for residential, commercial, agricultural, and equestrian customers. The company has multiple regional locations in the Midwest. Contractors comprise 70% of their sales, B2B sales (lumber yards, home improvement retailers) 25%, and homeowners approximately 5%. Additionally, 80-90% of the customers are returning customers. The business has been growing 15-20% year over year and has massive growth potential both within their existing locations, as well as from new locations getting established. 2023 is looking to be a 30 million dollar revenue year, proving growth outside of any COVID era bump concerns.
70% of the revenue is from metal roofing and siding and 30% from post-frame building kits. The average order value varies by location. As each location ages, the order value increases. For example, the newest location has an average order value of $700, and the original location’s average order value is $3-5K. However, the newest location shows potential of being the second largest location. Altogether the company employs 50 full-time W2 employees, including managers at each of the locations.
| 2020 | 2021 | 2022 | 2023 TTM thru April | 2023 Projected (Newest location growth) | |
| Revenue | $17,326,950 | $21,002,334 | $24,198,250 | $24,668,482 | $30,000,000 |
| SDE | $1,775,662 | $2,480,068 | $2,013,392 | $2,669,847 | $3,089,987 |