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 | $6,635 | $8,029 | $5,752 |
| COGS | $5,681 | $5,908 | $5,765 |
| Gross Income | $954 | $2,121 | ($13) |
| Operating Expenses | $5,752 | $6,639 | $5,350 |
| Operating Incomes | ($4,798) | ($4,518) | ($5,363) |
| Net Other Income (Expenses) | ($7,147) | ($2,232) | ($1,654) |
| Net Income | ($11,945) | ($6,750) | ($7,017) |
| Interest | $1,086 | $8,286 | $8,467 |
| Depreciation | $3,897 | $5,394 | $8,708 |
| Amortization | $429 | $2,142 | $923 |
| EBITDA | ($6,533) | $9,072 | $11,081 |
| Add-backs | $51,694 | $39,871 | $64,386 |
| Owner's Cash Flow | $45,161 | $48,943 | $75,467 |
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Projected Free Cash Flow
