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 | $2,570 | $5,032 | $23 |
| COGS | $9,994 | $4,621 | $9,031 |
| Gross Income | ($7,424) | $411 | ($9,008) |
| Operating Expenses | $3,712 | $2,312 | $309 |
| Operating Incomes | ($11,136) | ($1,901) | ($9,317) |
| Net Other Income (Expenses) | ($3,684) | ($7,896) | ($8,533) |
| Net Income | ($14,820) | ($9,797) | ($17,850) |
| Interest | $2,724 | $887 | $9,086 |
| Depreciation | $9,669 | $9,714 | $4,222 |
| Amortization | $1,879 | $7,112 | $9,592 |
| EBITDA | ($548) | $7,916 | $5,050 |
| Add-backs | $61,470 | $48,400 | $52,619 |
| Owner's Cash Flow | $60,922 | $56,316 | $57,669 |
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Projected Free Cash Flow
