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 | $3,751 | $6,602 | $9,161 |
COGS | $9,279 | $8,503 | $1,774 |
Gross Income | ($5,528) | ($1,901) | $7,387 |
Operating Expenses | $9,261 | $4,460 | $8,833 |
Operating Incomes | ($14,789) | ($6,361) | ($1,446) |
Net Other Income (Expenses) | ($1,191) | ($4,532) | ($9,042) |
Net Income | ($15,980) | ($10,893) | ($10,488) |
Interest | $9,841 | $2,894 | $6,885 |
Depreciation | $2,443 | $4,328 | $8,549 |
Amortization | $746 | $8,362 | $7,717 |
EBITDA | ($2,950) | $4,691 | $12,663 |
Add-backs | $53,486 | $72,512 | $44,411 |
Owner's Cash Flow | $50,536 | $77,203 | $57,074 |
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