Off Market
Off Market
Well-known Multi-Service Construction Business
$1,100,000
New Haven County, CT
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Gross Revenue
$2,032,057
Owner's Cash Flow
$462,984
Min Down Payment
$110,000
Employees
3
Business Summary
The business is a reputable design-build-remodel company specializing in creating exceptional homes through remodeling and renovations. With a strong emphasis on quality, integrity, and accountability, the business has built a solid reputation in the industry since its establishment in 1994.
Key Highlights
Year established
1994
Real estate
Owned will sell or lease
Real estate asking price
$400,000
Reason for selling
The current owner is retiring.
Support and training
The current owner is willing to stay on for up to 1 year to help with the transition.
Broker of Record
John McCleary
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $8,258 | $920 | $6,130 |
| COGS | $8,370 | $8,262 | $8,532 |
| Gross Income | ($112) | ($7,342) | ($2,402) |
| Operating Expenses | $6,475 | $1,313 | $1,528 |
| Operating Incomes | ($6,587) | ($8,655) | ($3,930) |
| Net Other Income (Expenses) | ($9,202) | ($9,961) | ($9,081) |
| Net Income | ($15,789) | ($18,616) | ($13,011) |
| Interest | $8,684 | $7,069 | $2,938 |
| Depreciation | $8,111 | $2,340 | $4,776 |
| Amortization | $1,974 | $9,145 | $9,708 |
| EBITDA | $2,980 | ($62) | $4,411 |
| Add-backs | $51,909 | $56,767 | $89,294 |
| Owner's Cash Flow | $54,889 | $56,705 | $93,705 |
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Projected Free Cash Flow
