Mid-Atlantic Siding Company - Exterior Siding and Trim Services in North Carolina

Mid-Atlantic Siding Company is a well-established business offering comprehensive exterior siding and trim services to residential and commercial clients throughout central North Carolina. Founded in 2012, the company has evolved from a sole proprietorship into a respected entity, specializing in high-end residential construction and undertaking selective commercial projects. Their service portfolio includes the expert installation of various siding materials such as vinyl, fiber cement, and cedar, alongside exterior trim, pergolas, and window replacement. The business has demonstrated strong financial performance, achieving an average annual revenue of $3,533,522 and an average income of $653,627 over the 2022-2024 period. The asking price is $1,700,000, representing a multiple of 2.6x the average income. While the company experienced a temporary revenue slowdown in late 2023 and early 2024 due to market seasonality, election-year effects, and resource allocation for a large commercial project, its pipeline remains strong with significant commercial jobs booked for late 2024 and early 2025. A notable point for 2025 is that approximately $245,000 has been billed but not yet collected due to slower contractor payments, with corresponding costs already paid, indicating that the P&L will improve upon collection. The business benefits from an experienced team, established supplier and customer relationships, and considerable potential for growth across residential, commercial, and production builder segments. While no specific licenses are mandated, a General Contractor license could facilitate expansion into direct-to-homeowner markets. The owner currently handles estimating and ordering, with opportunities to train superintendents in these roles.