Under Contract
Under Contract
Highly Profitable Custom Home Builder
$1,630,000
Wake County, NC
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Gross Revenue
$2,309,779
Owner's Cash Flow
$846,000
Min Down Payment
$163,000
Employees
2 PT + Key Subcontractors
Business Summary
This business is a distinguished custom home builder headquartered in North Carolina, renowned for its commitment to excellence, innovation, and sustainability. Established in 2008, the company has earned a reputation for delivering unparalleled craftsmanship and exceptional customer service.
Key Highlights
Year established
2008
Real estate
Leased
Reason for selling
The current owner is retiring.
Support and training
6 - 12 months.
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Consolidated Cashflow
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2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $6,922 | $3,782 | $1,501 |
COGS | $1,720 | $1,861 | $7,899 |
Gross Income | $5,202 | $1,921 | ($6,398) |
Operating Expenses | $1,280 | $554 | $1,771 |
Operating Incomes | $3,922 | $1,367 | ($8,169) |
Net Other Income (Expenses) | ($5,350) | ($1,106) | ($5,118) |
Net Income | ($1,428) | $261 | ($13,287) |
Interest | $6,514 | $7,501 | $8,931 |
Depreciation | $4,595 | $4,480 | $6,377 |
Amortization | $6,983 | $2,355 | $5,592 |
EBITDA | $16,664 | $14,597 | $7,613 |
Add-backs | $68,107 | $34,004 | $52,576 |
Owner's Cash Flow | $84,771 | $48,601 | $60,189 |
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