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Question about margins on installing a new roof..

Posted on 2/19/17 at 10:16 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 2/19/17 at 10:16 pm
I'm about to be in the market for a new roof. Can someone in the industry tell me what the average profit margin is on a roof? Are they razor thin or do they make a a healthy margin?

I know it will vary wildly, I just want to know if there is an industry norm.
This post was edited on 2/19/17 at 11:45 pm
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 2/19/17 at 10:36 pm to
There is no standard margin dummy
Posted by His Dudeness
The Baton Rouge
Member since Jul 2014
51 posts
Posted on 2/19/17 at 10:43 pm to
Low margins
Posted by Spankum
Miss-sippi
Member since Jan 2007
56028 posts
Posted on 2/19/17 at 10:43 pm to
material quality is what varies wildly in that business...
Posted by Marco Esquandolas
Member since Jul 2013
11426 posts
Posted on 2/19/17 at 10:47 pm to
A business, in general, needs to have a 25-30% profit margin to stay in business.
Posted by wickowick
Head of Island
Member since Dec 2006
45805 posts
Posted on 2/19/17 at 10:48 pm to
There is a ton of margin on a new roof.
Posted by TheWalrus
Member since Dec 2012
40516 posts
Posted on 2/19/17 at 10:52 pm to
OP is insufferable
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 2/19/17 at 10:53 pm to
I'd say get a bunch of quotes
Posted by ronk
Member since Jan 2015
6197 posts
Posted on 2/19/17 at 11:05 pm to
Ton of margin. I used to avg 35-38%.
Posted by TheWalrus
Member since Dec 2012
40516 posts
Posted on 2/19/17 at 11:35 pm to
You could easily Google the answer. Hell, if you wanted a legit answer on here you would use the money board. The only purpose of this post was so you could let us all know you're some hotshot real estate investor and get some mad e cred.
Posted by blzr
Keeneland
Member since Mar 2011
30098 posts
Posted on 2/19/17 at 11:36 pm to
Dudes poor irl
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 2/19/17 at 11:43 pm to
quote:

on of margin. I used to avg 35-38%.


Do you mind shooting me an e-mail?

<----------1@GMAIL.COM
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 2/19/17 at 11:45 pm to
quote:

The only purpose of this post was so you could let us all know you're some hotshot real estate investor and get some mad e cred.


It was worded poorly. I edited.
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