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VA | NAICS 238160

Roofing Business Valuations in Virginia

Virginia's roofing market benefits from proximity to the DC metro, strong military and government construction, and growing suburban development. The Hampton Roads and Richmond corridors offer diverse...

9,800
Total Employment
$43K
Avg Annual Wage
1,280
Establishments
moderate
PE Activity

Market Analysis

Virginia's roofing market benefits from proximity to the DC metro, strong military and government construction, and growing suburban development. The Hampton Roads and Richmond corridors offer diverse residential and commercial opportunities.

Market Rank
#13 nationally
Commercial Mix
Above average
Growth Rate
2.0% annually
PE Deals (2023-2025)
5+

PE Buyer Activity in Virginia

Virginia has seen steady private equity interest with 5+ completed transactions since 2023. The state's location quotient of 1.28 reflects above-average roofing industry concentration. PE firms view Virginia 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
1.28
Above national average
Typical Multiple Range
5.5-7.5x
EBITDA multiple for qualified businesses

Top Metro Areas

Virginia Beach
Richmond
Arlington
Alexandria

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