Under Contract
Under Contract
Highly Profitable Custom Home Builder
$1,630,000
Wake County, NC
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Gross Revenue
$2,309,779
Owner's Cash Flow
$846,000
Min Down Payment
$163,000
Employees
2 PT + Key Subcontractors
Business Summary
This business is a distinguished custom home builder headquartered in North Carolina, renowned for its commitment to excellence, innovation, and sustainability. Established in 2008, the company has earned a reputation for delivering unparalleled craftsmanship and exceptional customer service.
Key Highlights
Year established
2008
Real estate
Leased
Reason for selling
The current owner is retiring.
Support and training
6 - 12 months.
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Consolidated Cashflow
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2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $3,904 | $3,807 | $2,673 |
COGS | $1,614 | $5,900 | $3,651 |
Gross Income | $2,290 | ($2,093) | ($978) |
Operating Expenses | $6,877 | $6,960 | $9,418 |
Operating Incomes | ($4,587) | ($9,053) | ($10,396) |
Net Other Income (Expenses) | ($4,857) | ($2,709) | ($7,185) |
Net Income | ($9,444) | ($11,762) | ($17,581) |
Interest | $7,843 | $8,665 | $8,765 |
Depreciation | $5,638 | $4,653 | $1,089 |
Amortization | $2,777 | $4,708 | $2,303 |
EBITDA | $6,814 | $6,264 | ($5,424) |
Add-backs | $69,836 | $62,281 | $58,443 |
Owner's Cash Flow | $76,650 | $68,545 | $53,019 |
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