Renovations by Helms, Inc
How we got $326K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Renovations By Helms, Inc. is a residential and commercial/tribal remodeling business in Bixby, OK, with over 41 years of expertise. Its pages list residential remodeling services and commercial/tribal work.
From the company's website. Industry: Home builders.
Estimated value over time
▲ 62% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RENOVATIONS BY HELMS, INC this business | $2.5M | — |
| PLUM LEGACY, LLC Bixby · 5 employees | $5.0M | 0.2 mi |
| ANGELA COOK Bixby · 1 employees | $535K | 1.4 mi |
| WAGNON CONSTRUCTION INC. Bixby · 8 employees | $3.5M | 1.9 mi |
| SPARKS INC Bixby · 7 employees | $3.0M | 1.9 mi |
| RELIANCE GENERAL CONTRACTORS LLC Bixby · 2 employees | $2.6M | 2.0 mi |
| EXACT SERVICES LLC Bixby · 1 employees | $1.0M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $172K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $326K |
| Multiple for this size and industry | 1.9× |
| Value range | $172K – $446K |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $113K – $196K |
| Industry (NAICS) | Residential Remodelers (236118) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“It has been a privilege to have served our clients for over 41 years with 95% of our client base being repeat and referral clients.”
Advisors
- BankingSpiritBankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| SpiritBank PPP 2020, PPP 2021 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $45K | 8 |
| 1/16/2021 | second | $45K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Renovations by Helms, Inc
Renovations by Helms, Inc is a home builders company in Bixby, Oklahoma, in business since 2004. It is owned by Barry Helms (President). Its estimated annual revenue is about $2.5M, with roughly $172K of EBITDA. It has about 8 employees. Its estimated business value is $326K (likely range $172K–$446K).
Common questions
- Who owns Renovations by Helms, Inc?
- Renovations by Helms, Inc is owned by Barry Helms (President), according to public sources such as the company's website or filings.
- How much revenue does Renovations by Helms, Inc make?
- SeeBITDA estimates Renovations by Helms, Inc's annual revenue at about $2.5M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Renovations by Helms, Inc worth?
- About $326K, roughly 1.9× its estimated EBITDA of $172K, typical for a home builders company its size. Likely range: $172K–$446K.
- How many employees does Renovations by Helms, Inc have?
- About 8, as reported on its PPP loan.
- When was Renovations by Helms, Inc founded?
- Renovations by Helms, Inc has been in business since 2004.