Well-known Multi-Service Construction Business
$1,195,000
New Haven County, CT
Gross Revenue
$1,920,488
Owner's Cash Flow
$366,426
Min Down Payment
$119,500
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 | $1,755 | $188 | $7,883 |
| COGS | $5,511 | $8,822 | $435 |
| Gross Income | ($3,756) | ($8,634) | $7,448 |
| Operating Expenses | $9,878 | $7,218 | $386 |
| Operating Incomes | ($13,634) | ($15,852) | $7,062 |
| Net Other Income (Expenses) | ($5,679) | ($9,360) | ($3,781) |
| Net Income | ($19,313) | ($25,212) | $3,281 |
| Interest | $1,680 | $1,398 | $2,350 |
| Depreciation | $8,993 | $645 | $6,815 |
| Amortization | $3,749 | $5,082 | $7,473 |
| EBITDA | ($4,891) | ($18,087) | $19,919 |
| Add-backs | $62,130 | $70,345 | $62,143 |
| Owner's Cash Flow | $57,239 | $52,258 | $82,062 |
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Projected Free Cash Flow
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