The numbers
As stated by the listing on September 13, 2026.
- Asking price
- $475,999
- SDE
- $393,540
- Gross revenue
- $1,425,870
- Multiple
- 1.21x
- Established
- 2017
- Employees
- 2
Why we like it
A kitchen remodel cannot close out until the countertop goes in, and a countertop cannot be fabricated until the cabinets are set and templated in place, which is why shops that build both tend to hold the whole job rather than split it across two vendors. The trade runs on equipment as much as skill: a CNC saw to cut cabinet panels, an edge polisher and slab-handling rig to move quartz and granite without chipping it, and a template crew that measures on site only after cabinets are installed. This Houston shop has run both sides of that sequence since 2017 with a crew of two, which for revenue near $1.4 million means the owner is almost certainly touching sales, design, or the saw personally rather than managing from an office. Start with how the pipeline of jobs actually arrives: custom cabinetry and stone work is rarely won cold, it comes through repeat calls from general contractors, kitchen designers, or homebuilders who need someone reliable enough to hit an install date on somebody else's schedule, and that trust usually sits with the owner more than with the shop's name. Growth from here likely comes less from advertising and more from adding a second saw operator or install crew so more jobs move through the same shop in a month, since the ceiling on this kind of business is machine and labor hours, not demand.
No personal licence needed
Texas has no statewide license or credential a buyer must personally hold to run a cabinet or countertop fabrication shop, unlike electrical, plumbing, or HVAC trades. Local permits may apply to individual construction jobs, and any plumbing or electrical work tied to a countertop install (sink or cooktop hookups) is typically subcontracted to a licensed trade rather than done in house, which is worth confirming with this seller.
What worries us
- Owner dependenceWith only two employees generating roughly $1.4 million in stated revenue, the owner is almost certainly doing sales, design, templating, or fabrication personally, and the referral relationships with contractors and designers likely run through the owner rather than the business.
- Referral concentrationCustom cabinet and countertop work is typically won through a handful of repeat referral sources such as general contractors, designers, or homebuilders rather than broad advertising, so losing even two or three of those relationships at a change of ownership could swing revenue hard.
- Equipment and shop lease exposureThe CNC saw, edge polisher, and slab-handling equipment are essential and expensive to replace, and the shop space needs the power and clearance to run them, so the age of that equipment and the transferability of the lease both matter to whether this business can keep operating on day one.
The callSuits a buyer with cabinetry or stone fabrication skills and Houston trade contacts, not a passive investor hoping to manage from a distance.
Our calculations
Our standard SBA 7(a) acquisition structure applied to the asking price. Assumptions below.
Sources
| SBA 7(a) loan | $450,371 |
| Seller standby note | $25,020 |
| Buyer cash at close | $25,021 |
| Total sources | $500,412 |
Uses
| Purchase price | $475,999 |
| Closing costs (est.) | $14,280 |
| SBA guaranty fee | $10,133 |
| Total project | $500,412 |
- Monthly payment
- $5,766
- Annual debt service
- $69,195
- DSCR
- 3.75xSTRONG
- Injection check
- Meets 10% ($50,041 against $50,041 required)
- Closing costs estimated at 3% of asking price
- Owner salary of $120,000, loaded
- Rate of Prime + 2.25% = 9.25%
- 10-year term, fully amortizing
- Injection split half cash, half seller standby note
How we would go about buying it
The order matters. Every step below is free until the last one, and each is a chance to walk away before it costs you anything.
- 1
Call the broker, not the bank
The listing is brokered, so the broker is the gate. Ask for the CIM and the last three years of tax returns, and expect to sign an NDA first. Do this before you talk to a lender: no lender will size a loan without the numbers, and the broker will not release them to a lender you have not engaged.
Open the listing - 2
Ask these before you spend anything
Specific to this business, from our read of the listing. The answers decide whether the numbers above survive contact.
- What share of jobs come through general contractor, builder, or designer referrals versus direct homeowner sales, and how many relationships make up that referral base?
- What is the current backlog of signed jobs and open quotes, and how does that compare to a typical month of revenue given how lumpy fabrication work is?
- What CNC saw, edge polisher, and slab-handling equipment is included in the sale, what condition and age is it in, and is any of it financed or leased rather than owned outright?
- Is the shop space leased or owned, does the lease transfer to a buyer, and does it have the power, layout, and clearance the equipment needs?
- What does the owner actually do day to day: sales and quoting, design, templating, cutting, or installation, and which of those would need to be replaced on day one?
- 3
Take it to lenders who do this size
Talk to more than one. Rate is the least of it: the lender who has done fifty of these in Texas will close, and the one who has done two will waste your quarter. Below are the lenders whose typical deal size actually fits this one.
- 4
Structure the offer around the coverage
Our structure clears the floor at 3.75x, and a lender will run its own version with its own add-backs. If the earnings come back lower than stated, the price has to come down or the seller note has to grow. Model both before you make an offer.
Model it yourself
Who we would call
Active Texas acquisition lenders whose typical deal size fits this one.
- Huntington National Bank
142 loans in TXmedian $422,000median rate 9.25%~32 days to first disbursement
- Live Oak Banking Company
133 loans in TXmedian $825,000median rate 9.00%~20 days to first disbursement
- First Internet Bank of Indiana
45 loans in TXmedian $980,000median rate 9.75%~23 days to first disbursement
Loan counts and medians are that lender’s change-of-ownership loans in Texas, FY2025 to FY2026 Q3. Funding speed is the lender’s national median from approval to first disbursement. Names link to our data profile for each lender.
The fine print
The statements this write-up makes about the trade and its rules, as opposed to the figures, were checked against public sources on September 10, 2026. 4 claims were checked.
Run your own numbers
The deal analyzer models price, seller note, equity injection, and DSCR under current SBA terms, with every assumption adjustable.
Open the deal analyzerListing facts as stated by the listing on September 13, 2026, not independently verified. Structure, payment, DSCR, and injection figures are our own computation under the assumptions above, using the Prime rate as of September 28, 2026. Lender shortlist from the SBA 7(a) FOIA file, FY2025 to FY2026 Q3, as of June 30, 2026. Methodology. See an error? Email us and we will correct it.