Renowned Handyman and Remodeling Business
$400,000
Travis County, TX
Gross Revenue
$1,297,871
Owner's Cash Flow
$136,590
Min Down Payment
$200,000
Employees
5 FT, 2 PT
Business Summary
The company was originally founded in 2006 as a business specializing in residential handyman services. As time progressed, many clients expressed a demand for remodeling of property interiors, so the business started offering bathroom and kitchen remodeling services as well. Currently, the company completes large-scale renovations and helps to accommodate the needs of all of their clients.
Key Highlights
Year established
2006
Real estate
Leased
Reason for selling
After successfully operating and growing the business for more than a decade, the owner is looking to retire.
Support and training
The owner is willing to stay on for up to 6 months to help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $9,908 | $7,867 | $7,534 |
| COGS | $5,672 | $2,335 | $5,977 |
| Gross Income | $4,236 | $5,532 | $1,557 |
| Operating Expenses | $6,433 | $9,435 | $9,644 |
| Operating Incomes | ($2,197) | ($3,903) | ($8,087) |
| Net Other Income (Expenses) | ($5,222) | ($4,475) | ($2,080) |
| Net Income | ($7,419) | ($8,378) | ($10,167) |
| Interest | $8,155 | $3,371 | $3,253 |
| Depreciation | $5,377 | $1,370 | $1,107 |
| Amortization | $1,369 | $616 | $7,596 |
| EBITDA | $7,482 | ($3,021) | $1,789 |
| Add-backs | $66,093 | $56,439 | $67,392 |
| Owner's Cash Flow | $73,575 | $53,418 | $69,181 |
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Projected Free Cash Flow
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