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Business Overview
Roofing business that uses the old fashion method of hot tar. They did not adopt the new methods although they probably would’ve been easier and cheaper. The old methods result in higher quality roofs that last longer. The majority of their customer base is residential, one time customers (given the nature of the industry). They have roughly 6 commercials installations each year. They work with a primary contractor who is responsible for about 10% of their volume each year, other than that their revenue is very diversified. They also have no limitations or bottle necks or potential future concerns when it comes to their suppliers. They have 3 major roofing suppliers in the county, 2 of which are on the same street as them. They are a unionized business so their employees stay with them for an average of 20 years. They are a local company so they can do quick repairs for customers whenever they need them – if a client has a leak in the winter time, etc.
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