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 | $9,140 | $9,661 | $853 |
| COGS | $8,476 | $4,355 | $6,888 |
| Gross Income | $664 | $5,306 | ($6,035) |
| Operating Expenses | $6,569 | $2,388 | $2,687 |
| Operating Incomes | ($5,905) | $2,918 | ($8,722) |
| Net Other Income (Expenses) | ($4,798) | ($7,919) | ($2,345) |
| Net Income | ($10,703) | ($5,001) | ($11,067) |
| Interest | $3,926 | $7,102 | $961 |
| Depreciation | $5,605 | $7,081 | $5,226 |
| Amortization | $3,334 | $1,059 | $1,989 |
| EBITDA | $2,162 | $10,241 | ($2,891) |
| Add-backs | $57,105 | $69,501 | $59,680 |
| Owner's Cash Flow | $59,267 | $79,742 | $56,789 |
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Projected Free Cash Flow
