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ND | NAICS 238160

Roofing Business Valuations in North Dakota

North Dakota's severe hail events and extreme weather create consistent roofing demand despite the small population. The Fargo metro is the primary market, and the state's energy sector supports comme...

1,600
Total Employment
$44K
Avg Annual Wage
220
Establishments
emerging
PE Activity

Market Analysis

North Dakota's severe hail events and extreme weather create consistent roofing demand despite the small population. The Fargo metro is the primary market, and the state's energy sector supports commercial roofing needs.

Hail Activity
Top 10 nationally
Extreme Weather
Very High
Growth Rate
1.2% annually
PE Deals (2023-2025)
1+

PE Buyer Activity in North Dakota

North Dakota represents an emerging opportunity for private equity buyers, with growing interest driven by favorable demographics and market fundamentals. The state's location quotient of 1.68 indicates a developing market with room for consolidation. Early-mover PE firms are beginning to explore platform acquisitions in North Dakota, creating opportunities for well-prepared roofing business owners to command premium valuations as buyer competition increases.

Location Quotient
1.68
Above national average
Typical Multiple Range
5.0-7.0x
EBITDA multiple for qualified businesses

Top Metro Areas

Fargo
Bismarck
Grand Forks
Minot

Own a Roofing Business in North Dakota?

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