All States
SD | NAICS 238160

Roofing Business Valuations in South Dakota

South Dakota's position in Hail Alley makes it one of the most storm-active states per capita. Sioux Falls is the primary market, with growing population and commercial development. No state income ta...

1,800
Total Employment
$42K
Avg Annual Wage
240
Establishments
emerging
PE Activity

Market Analysis

South Dakota's position in Hail Alley makes it one of the most storm-active states per capita. Sioux Falls is the primary market, with growing population and commercial development. No state income tax attracts business owners.

Hail Activity
Top 5 per capita
State Income Tax
None
Growth Rate
1.8% annually
PE Deals (2023-2025)
1+

PE Buyer Activity in South Dakota

South 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 1.74 indicates a developing market with room for consolidation. Early-mover PE firms are beginning to explore platform acquisitions in South Dakota, creating opportunities for well-prepared roofing business owners to command premium valuations as buyer competition increases.

Location Quotient
1.74
Above national average
Typical Multiple Range
5.0-7.0x
EBITDA multiple for qualified businesses

Top Metro Areas

Sioux Falls
Rapid City
Aberdeen
Brookings

Own a Roofing Business in South Dakota?

Get a free, data-driven valuation estimate using South Dakota-specific market data.