Alva Roofing Co.
- Denise K ReedSigns company filings · Form 5500 (2024)
How we got $5.7M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 32% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 36 | $12.2M |
| 2020 | Form 5500 | 20 | $6.8M |
| 2021 | Form 5500 | 20 | $6.8M |
| 2022 | Form 5500 | 20 | $6.8M |
| 2023 | Form 5500 | 18 | $6.1M |
| 2024 | Form 5500 | 38 | $12.9M |
| 2025 | Form 5500 | 42 | $14.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale High sell likelihood
- In business 60 years (since 1966)
- Founder still runs it after 60 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Alva Roofing Co. is a family-owned roofing company in Oklahoma City that specializes in commercial low slope and metal panel roofing.
From the company's website. Industry: Roofing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ALVA ROOFING CO. this business | $19.3M | — |
| OKLAHOMA ROOFING & SHEET METAL LLC Oklahoma City · 152 employees | $76.8M | 0.4 mi |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $31.2M | 0.4 mi |
| Redland Roofing Oklahoma City | $2.2M | 1.0 mi |
| Concrete & Landscaping Oklahoma City | $2.2M | 1.2 mi |
| TIETSORT LLC Oklahoma City · 22 employees | $7.3M | 1.7 mi |
| 3 D'S ROOFING & METAL INC Oklahoma City · 13 employees | $7.3M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.8M |
| Estimate: the two combined (geometric mean) | $19.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.7M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $5.7M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.0M – $7.8M |
| Revenue range | $12.7M – $22.0M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Roofing Contractors (238160) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Thomas Hardiman, Chairman of the Board, started the company along with his brother Rex while attending college in Alva in 1966.”
Advisors
- BankingSimmons BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $358K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Alva Roofing Co.
Alva Roofing Co. is a family-owned roofing company in Oklahoma City, Oklahoma, in business since 1966. It is owned by Thomas Hardiman (Founder). Its estimated annual revenue is about $19.3M, with roughly $1.7M of EBITDA. It has about 42 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.8M).
Common questions
- Who owns Alva Roofing Co.?
- Alva Roofing Co. is owned by Thomas Hardiman (Founder), according to public sources such as the company's website or filings.
- How much revenue does Alva Roofing Co. make?
- SeeBITDA estimates Alva Roofing Co.'s annual revenue at about $19.3M (likely between $12.7M and $22.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alva Roofing Co. worth?
- About $5.7M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a roofing company its size. Likely range: $3.0M–$7.8M.
- How many employees does Alva Roofing Co. have?
- About 42, from its 2025 retirement-plan filing.
- When was Alva Roofing Co. founded?
- Alva Roofing Co. has been in business since 1966.
- Is Alva Roofing Co. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 60 years (since 1966); founder still runs it after 60 years; no family successor named on its website.