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RI | NAICS 238160

Roofing Business Valuations in Rhode Island

Rhode Island's dense population, aging housing stock, and coastal weather create consistent roofing demand in a compact market. The Providence metro dominates, with strong commercial and residential s...

1,600
Total Employment
$47K
Avg Annual Wage
220
Establishments
emerging
PE Activity

Market Analysis

Rhode Island's dense population, aging housing stock, and coastal weather create consistent roofing demand in a compact market. The Providence metro dominates, with strong commercial and residential sectors.

Population Density
2nd highest nationally
Housing Stock Age
Above national avg
Growth Rate
1.0% annually
PE Deals (2023-2025)
1+

PE Buyer Activity in Rhode Island

Rhode Island represents an emerging opportunity for private equity buyers, with growing interest driven by favorable demographics and market fundamentals. The state's location quotient of 1.28 indicates a developing market with room for consolidation. Early-mover PE firms are beginning to explore platform acquisitions in Rhode Island, creating opportunities for well-prepared roofing business owners to command premium valuations as buyer competition increases.

Location Quotient
1.28
Above national average
Typical Multiple Range
5.0-7.0x
EBITDA multiple for qualified businesses

Top Metro Areas

Providence
Warwick
Cranston
Pawtucket

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