Cobalt Roofing and Exteriors LLC
- Bogie RamirezManaging Partner · Company website
How we got $324K
Based on its 2 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.
What we know
What they do
Cobalt Roofing and Exteriors is a locally owned Oklahoma roofing company offering residential and commercial roofing, guttering, garage doors, siding, painting and repairs, with free roof inspections and help with insurance and mortgage claims for homeowners.
From the company's website. Industry: Roofing.
Customers & suppliers
Suppliers & brands
- GAF · brand it sells or installs
- Malarkey · brand it sells or installs
- Owens Corning · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COBALT ROOFING AND EXTERIORS LLC this business | $1.5M | — |
| GLASS GUYS INC Oklahoma City · 3 employees | $871K | 0.4 mi |
| PERUCH CONSTRUCTION & ROOFING LLC Oklahoma City · 2 employees | $1.4M | 0.4 mi |
| GLASS RESOURCES INC. Oklahoma City · 7 employees | $1.8M | 0.4 mi |
| GRACE TRUCKING COMPANY Oklahoma City · 18 employees | $9.9M | 0.6 mi |
| Performance Paving and Concrete Oklahoma City | $2.0M | 0.9 mi |
| OK City Roofing Co. Oklahoma City | $2.2M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $171K |
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 | $324K |
| Multiple for this size and industry | 1.9× |
| Value range | $171K – $444K |
| Revenue range | $967K – $1.7M |
| EBITDA range | $112K – $195K |
| 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
“Cobalt Roofing and Exteriors is a family orientated company dedicated to providing every customer with a superior roofing and remodeling experience.”
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $21K | 2 |
| 2/12/2021 | second | $21K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cobalt Roofing and Exteriors LLC
Cobalt Roofing and Exteriors LLC is a family-owned roofing company in Oklahoma City, Oklahoma, in business since 2013. It is owned by John Carrell (Operating Partner). Its estimated annual revenue is about $1.5M, with roughly $171K of EBITDA. It has about 2 employees. Its estimated business value is $324K (likely range $171K–$444K).
Common questions
- Who owns Cobalt Roofing and Exteriors LLC?
- Cobalt Roofing and Exteriors LLC is owned by John Carrell (Operating Partner), according to public sources such as the company's website or filings.
- How much revenue does Cobalt Roofing and Exteriors LLC make?
- SeeBITDA estimates Cobalt Roofing and Exteriors LLC's annual revenue at about $1.5M (likely between $967K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cobalt Roofing and Exteriors LLC worth?
- About $324K, roughly 1.9× its estimated EBITDA of $171K, typical for a roofing company its size. Likely range: $171K–$444K.
- How many employees does Cobalt Roofing and Exteriors LLC have?
- About 2, as reported on its PPP loan.
- When was Cobalt Roofing and Exteriors LLC founded?
- Cobalt Roofing and Exteriors LLC has been in business since 2013.