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 | $6,854 | $1,381 | $2,165 |
COGS | $1,954 | $3,953 | $2,599 |
Gross Income | $4,900 | ($2,572) | ($434) |
Operating Expenses | $5,099 | $5,635 | $148 |
Operating Incomes | ($199) | ($8,207) | ($582) |
Net Other Income (Expenses) | ($2,766) | ($4,362) | ($8,568) |
Net Income | ($2,965) | ($12,569) | ($9,150) |
Interest | $3,892 | $8,757 | $6,512 |
Depreciation | $3,963 | $7,487 | $9,870 |
Amortization | $7,224 | $6,246 | $8,385 |
EBITDA | $12,114 | $9,921 | $15,617 |
Add-backs | $48,220 | $58,247 | $54,535 |
Owner's Cash Flow | $60,334 | $68,168 | $70,152 |
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