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 | $9,375 | $9,264 | $5,730 |
| COGS | $676 | $8,058 | $3,858 |
| Gross Income | $8,699 | $1,206 | $1,872 |
| Operating Expenses | $786 | $8,963 | $8,584 |
| Operating Incomes | $7,913 | ($7,757) | ($6,712) |
| Net Other Income (Expenses) | ($509) | ($7,307) | ($3,430) |
| Net Income | $7,404 | ($15,064) | ($10,142) |
| Interest | $7,548 | $4,452 | $6,535 |
| Depreciation | $1,499 | $7,139 | $2,875 |
| Amortization | $4,288 | $5,567 | $4,495 |
| EBITDA | $20,739 | $2,094 | $3,763 |
| Add-backs | $53,907 | $78,286 | $44,273 |
| Owner's Cash Flow | $74,646 | $80,380 | $48,036 |
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Projected Free Cash Flow
