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 | $5,023 | $1,322 | $2,244 |
| COGS | $8,573 | $3,727 | $5,653 |
| Gross Income | ($3,550) | ($2,405) | ($3,409) |
| Operating Expenses | $851 | $8,028 | $4,475 |
| Operating Incomes | ($4,401) | ($10,433) | ($7,884) |
| Net Other Income (Expenses) | ($4,026) | ($1,974) | ($2,777) |
| Net Income | ($8,427) | ($12,407) | ($10,661) |
| Interest | $756 | $740 | $1,065 |
| Depreciation | $3,752 | $9,219 | $3,427 |
| Amortization | $6,484 | $176 | $9,656 |
| EBITDA | $2,565 | ($2,272) | $3,487 |
| Add-backs | $63,871 | $68,152 | $64,043 |
| Owner's Cash Flow | $66,436 | $65,880 | $67,530 |
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Projected Free Cash Flow
