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 | $7,791 | $3,363 | $2,486 |
COGS | $4,958 | $5,072 | $9,642 |
Gross Income | $2,833 | ($1,709) | ($7,156) |
Operating Expenses | $6,162 | $2,366 | $5,989 |
Operating Incomes | ($3,329) | ($4,075) | ($13,145) |
Net Other Income (Expenses) | ($4,452) | ($7,868) | ($8,305) |
Net Income | ($7,781) | ($11,943) | ($21,450) |
Interest | $2,656 | $8,126 | $1,636 |
Depreciation | $8,569 | $1,642 | $7,818 |
Amortization | $6,690 | $2,716 | $4,012 |
EBITDA | $10,134 | $541 | ($7,984) |
Add-backs | $67,106 | $78,385 | $57,977 |
Owner's Cash Flow | $77,240 | $78,926 | $49,993 |
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