, Arkansas 8 views 0 favorites
SBA Pre-Approved. Since opening its doors for business in 2012, Southern Construction, LLC has established itself as a roofing company that takes pride in its reputation for providing high-quality work and customer service. The company offers comprehensive roofing solutions for both residential and commercial projects in northern Arkansas. Utilizing locally based work crews with extensive knowledge and experience, Southern Construction has built a solid reputation among residents in Baxter and Marion County, Arkansas, as well as with local insurance brokers and real estate agents. The company’s licensed and insured teams possess more than 20 years experience and offers commercial and residential complete roof construction, overlays, repairs and new business construction. The company works extensively with insurance claims (as much as 80 percent of projects) and works with most major trusted brands, including Tamko, Owens Corning and CertainTeed shingles. Founded by Jared Forbus, Southern Construction Roofing has completed more than 2,500 roofs in the Marion and Baxter County areas of North Central Arkansas. The business is licensed, bonded and insured in Arkansas and Missouri, and any new owner can leverage the company’s stellar reputation to expand beyond its traditional service area. Insurance companies in the region have come to trust and rely upon Southern Construction, and the roofing company is often the first business they call when policyholder needs arise. Growth opportunities abound for any new owner willing to invest in marketing to surrounding communities. The business is currently the dominating force in roofing in its two-county service area and can quickly become a similar force in the surrounding region. Highlights: • Dominant market leader in current service area • Demand exceeds supply: Owner can’t bid fast enough with the 83% 3-year growth (CAGR) • High net margins of 30%: $1.0M in earnings off of $3.5M in revenue • Stable customer base: 90% of roofing leads are from insurance agencies and real estate agents • Team in place: >Superintendent is already in place to run operations >Owner willing to be in a role to prepare bids >Solid and long-term relationships with labor force • Professional, lead-generating website (https://southernconstructionroofing.com) • Multiple growth opportunities >Opportunity to expand marketing beyond current service area to Boone County and within 50 miles south >Current owner willing to help with bidding jobs, which is the bottleneck >Just purchased commercial roof coating machine and could grow in commercial • 2021 Sellers Discretionary Earnings $1.0M. Revenue $3.5M. Location: Mountain Home, Arkansas Year Established: 2012 Real Estate: Owned Website: southernconstructionroofing.com Market Outlook/ Competition: Dominant market leader in two counties. Growth & Expansion: >Opportunity to expand marketing beyond current service area to Boone County and within 50 miles south >Current owner willing to help with bidding jobs, which is the bottleneck >Just purchased commercial roof coating machine and could grow in commercial
Listed: Apr 21, 2022
Updated: 6 days ago
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