Off Market
Off Market
High-End Residential Construction Company
$625,000
Fairfield County, CT
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Gross Revenue
$1,274,848
Owner's Cash Flow
$404,870
Min Down Payment
$62,500
Employees
2 + Subs
Business Summary
This company was founded in 1970 as a home improvement contractor. Over the years, it has built a reputation for high-quality workmanship and reliability. The company primarily serves high-end homeowners, focusing on delivering top-tier home improvement services. Services range from full home renovations to kitchen, bath, and basement remodels.
Key Highlights
Year established
1970
Real estate
Owned will lease
Reason for selling
Owner is retiring.
Support and training
3 months.
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Consolidated Cashflow
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2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $7,756 | $3,461 | $4,824 |
COGS | $2,826 | $6,074 | $8,580 |
Gross Income | $4,930 | ($2,613) | ($3,756) |
Operating Expenses | $7,905 | $7,476 | $8,627 |
Operating Incomes | ($2,975) | ($10,089) | ($12,383) |
Net Other Income (Expenses) | ($45) | ($3,935) | ($8,189) |
Net Income | ($3,020) | ($14,024) | ($20,572) |
Interest | $7,412 | $7,053 | $5,749 |
Depreciation | $6,782 | $1,060 | $2,904 |
Amortization | $8,131 | $372 | $3,088 |
EBITDA | $19,305 | ($5,539) | ($8,831) |
Add-backs | $49,900 | $49,704 | $65,374 |
Owner's Cash Flow | $69,205 | $44,165 | $56,543 |
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