Return To Opportunities List


Home Remodels, Additions & Interior Design for Houston Real Estate Investors

Owner works part-time and does no field work!



  • Price

  • Revenue

  • Equipment

  • Down Payment

  • Location
    Houston, TX

  • Service Area
    Houston (70%), San Antonio (20%) and occasionally Dallas (10%)

  • Reason for Sale
    New non-competing endeavors

  • Employees
    12: PT Admin Assistant, PT Office Manager, PT Network IT, Operations Manager, Estimator, (2) Superintendents, Commercial Specialist, (2) Client Support, Document Control, Inside Sales and field crew

  • Intangible Assets
    Solid transferable relationships and communication with clients, adaptability working with larger businesses and corporate entities

The owner of this company works part-time and does no field work!  With an infrastructure set up to support larger clients and maintain relationships, a highly skilled staff of 12 is already in place and continues to build solid client relationships. Employees include 1 PT Admin Assistant, 1 PT Office Manager, 1 PT Network IT, an Operations Manager, 1 Residential Estimator, 2 Superintendents, 1 Commercial Specialist, 2 Client Support staff, 1 Document Control staff, 1 Inside Salesperson and 6-12 field crew employees. Clients include corporate real estate investors, private entities, and some residential work, along with commercial and military when needed.  The team works all over Texas, with 70% of their work being done in Houston, 20% in San Antonio, and 10% in Dallas. Services vary from complete home remodels and home additions, to maintenance, repair, and interior design. The owner’s position has been designed to be strictly part-time operations and financial work. 


Assets include $261k worth of equipment, $124k in vehicles, $180k in A/R, and $210k in work-in-progress.  The 4,200 sq. ft. warehouse, ½ acre equipment yard, and 2,500 sq. ft. office building currently used is available for sale or lease, separate from the sale of the business. 


Priced at $990,000, a down payment of $123,750 returns $214,318 in the first year after debt payments – a 173% return on investment! The current owner is willing to stay on for 6 months to 1 year, if desired. Growth opportunities include expanding into business to consumer residential projects as well as taking on more governmental commercial contracts.

Business Highlights

  • Year Established: 2004
  • Location: Houston, TX
  • Service Area: Houston (70%), San Antonio (20%) and occasionally Dallas (10%)
  • Services: Light Remodeling and Renovating
  • Clients: Large real estate investors, private entities, some residential, commercial and military
  • Building: 4,200 sq. ft. warehouse; 1/2-acre equipment yard; 2,500 sq. ft office building (3 offices, 15 workstations, conference rooms, etc.)
  • Reason for Selling: New non-competing endeavors
  • Employees: 12: PT Admin Assistant, PT Office Manager, PT Network IT, Operations Manager, Estimator, (2) Superintendents, Commercial Specialist, (2) Client Support, Document Control, Inside Sales and field crew
  • Hours: M-F 8-5
  • Seller Training Period: 6-12 months
  • Growth Opportunities: Take on more governmental commercial projects
  • Current Owner’s Responsibilities: Part time operations and financials; no field work

Financial Highlights

List Price: $990,000

  • 3-Year Average Cash Flow: $340,922
  • A/R: $180,000

Cash Flow

Description of Financial StatementP&L Statement
Jan-Dec 2020
Tax Return
Tax Return
Tax Return
Tax Return
GROSS SALES$2,138,675$2,442,221$2,115,793$1,804,951$2,405,220
Net Income Shown on Financial Statement$-13,035$29,868$-235,826$-18,837$14,653
Compensation to Owner$91,423$97,000$97,000$97,000$97,000
Other unrelated Salaries$0$12,000$18,000$18,000$18,000Family members - don't actually work in the business
11% Tax on total W2 Salaries$10,057$11,990$12,650$12,650$12,650
Auto-Personal Use$15,000$40,129$8,508$8,508$8,508
Meals & Entertainment$2,118$1,503$2,032$788$1,48570% personal
Cell Phones$4,200$4,200$4,200$4,200$4,200Cell Phones- $350/month for 4 personal lines
Travel$18,000$21,791$23,920$4,055$14,73290% personal
Employee Benefit Plan$3,718$5,881$18,149$11,454$0Paid for owner & family
Management fees$0$116,966$251,972$194,242$140,302
MBA Program $0$0$4,728$0$0
FR Assoc Deferred Payments $0$0$24,285$25,790$10,643
Training & Education$40,000$0$0$0$0
Retirement Expense$2,339$0$0$0$0
TOTAL ADDBACKS$217,795$404,904$619,060$438,077$369,729
Seller's Cash Flow = Total Addbacks + Net Income$204,760$434,772$383,234$419,240$384,382
Profit Margin9.57 %17.80 %18.11 %23.23 %15.98 %
2020 numbers down due to COVID. The Firm used a 3-year average cash flow to value the business. 

Typical Clients

  • Real estate investors
  • REITs
  • Private entities
  • Residential projects
  • Governmental commercial contracts

Specific information regarding clients is available upon the receipt of a signed Non-Disclosure Agreement.


  • Complete home remodels
  • Home additions
  • Roofing
  • Concrete projects including foundations, driveways, flat work, etc.
  • Interior design
  • Maintenance and repairs

Service Area


  • PT Admin Assistant
  • PT Office Manager
  • PT Network IT
  • Operations Manager
  • 1 Estimator
  • (2) Superintendents
  • Commercial Specialist
  • (2) Client Support
  • Document Control
  • Inside Sales
  • Field crew

Growth Opportunities

  • Expand into business to consumer residential projects
  • Take on more governmental commercial contracts


Funding Example

Purchase Price:



Bank Loan Needed: $


Funding Details


Offer Price: $

% Buyer Cash Down at Closing: $

% Seller Carry Back via Promissory Note: $

year term at a rate of %

% of Purchase Price secured by Buyer and Seller

Total Bank Loan Need: $

% of Purchase Price

Desired Loan Type:

Desired Bank Terms: year term at a rate of %

Total Business Assets, Inventory, and A/R: $

Total Undercollateralized Loan: $

Loan Payments

Monthly Payment to Bank: $
Yearly Payment to Bank: $
Monthly Payment to Seller: $
Yearly Payment to Seller: $
Total Monthly Debt Service: $
Total Yearly Debt Service: $


Fixed Charge Coverage Ratio

The bank will require a minimum ratio of 1.5 to be lendable.

Cash Flow:
3-year average cash flow
Annual Debt Service: $

Buyer's Net Operating Income (NOI)

The amount of money the Buyer will retain as profit.

Cash Flow:
3-year average cash flow
Annual Debt Service: -$

Buyer's Return on Investment (ROI)

The rate of return on the Buyer's down payment.

Down Payment: $
ROI: %


Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.