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MA | NAICS 238160

Roofing Business Valuations in Massachusetts

Massachusetts features the highest average roofing wages in the country, driven by strong union presence and high cost of living. The Boston metro's commercial sector and aging residential stock creat...

6,400
Total Employment
$54K
Avg Annual Wage
820
Establishments
moderate
PE Activity

Market Analysis

Massachusetts features the highest average roofing wages in the country, driven by strong union presence and high cost of living. The Boston metro's commercial sector and aging residential stock create premium roofing demand.

Avg Wage
Highest nationally
Commercial Mix
Above average
Growth Rate
1.3% annually
PE Deals (2023-2025)
4+

PE Buyer Activity in Massachusetts

Massachusetts has seen steady private equity interest with 4+ completed transactions since 2023. The state's location quotient of 0.98 reflects near-average roofing industry concentration. PE firms view Massachusetts as a strategic market for regional platform expansion, particularly targeting companies with strong operational infrastructure and recurring revenue components. Multiples are competitive for well-positioned businesses that demonstrate growth potential and reduced owner dependency.

Location Quotient
0.98
Below national average
Typical Multiple Range
5.5-7.5x
EBITDA multiple for qualified businesses

Top Metro Areas

Boston
Worcester
Springfield
Cambridge

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