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 | $9,132 | $7,752 | $6,614 |
| COGS | $2,969 | $5,126 | $6,960 |
| Gross Income | $6,163 | $2,626 | ($346) |
| Operating Expenses | $8,949 | $8,135 | $7,590 |
| Operating Incomes | ($2,786) | ($5,509) | ($7,936) |
| Net Other Income (Expenses) | ($8,353) | ($6,577) | ($4,124) |
| Net Income | ($11,139) | ($12,086) | ($12,060) |
| Interest | $2,237 | $7,751 | $7,359 |
| Depreciation | $9,881 | $519 | $256 |
| Amortization | $4,414 | $9,939 | $9,603 |
| EBITDA | $5,393 | $6,123 | $5,158 |
| Add-backs | $57,617 | $54,777 | $57,028 |
| Owner's Cash Flow | $63,010 | $60,900 | $62,186 |
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Projected Free Cash Flow
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