New Deals - 13 June 2023

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Hello SMB Deal Hunters!

Here are 5 new deals (or 10 if youโ€™re a premium subscriber) for you that are worth checking out.

1/ Pool Route Service in The Villages

๐Ÿ“ Location: The Villages, FL
๐Ÿ’ฐ Asking Price: $1,550,000
๐Ÿ’ผ SDE: $580,000
๐Ÿ“Š Revenue: $1,297,000
๐Ÿ“… Established: 2010

๐Ÿ’ญ My 2 Cents: I like that pool service businesses come with monthly reoccurring/recurring income from residential and commercial properties requiring regular maintenance. The margins are exceptional on this business, and they have over 600 accounts. Iโ€™d want to dig into what the contracts look like with these accounts, what the team looks like, as well as any potential staffing concerns (how difficult is it to hire new technicians?).

2/ Distributor of Military/Aerospace Fasteners & Electromechanical Hardware

๐Ÿ“ Location: St. Augustine, FL
๐Ÿ’ฐ Asking Price: $2,900,000
๐Ÿ’ผ SDE: $627,812
๐Ÿ“Š Revenue: $3,973,114
๐Ÿ“… Established: 1980

๐Ÿ’ญ My 2 Cents: They say the riches are in the niches. Well, this is definitely a niche business! I like that it has been around for over 40 years and is being sold by a retiring owner in his 70s, which means the business likely has a strong reputation with loyal, repeat customers. It would probably help to have some background in aerospace parts, but the business does already come with tenured staff.

Click Here To View The Listing ยป

3/ Sports Products Distribution Business

๐Ÿ“ Location: Omaha, NE
๐Ÿ’ฐ Asking Price: $5,850,000
๐Ÿ’ผ SDE: $1,210,270
๐Ÿ“Š Revenue: $8,671,536
๐Ÿ“… Established: 1995

๐Ÿ’ญ My 2 Cents: I like that this business distributes products to a large customer base of 800+ B2B customers all around the country. This is likely a great fit for an independent sponsor or someone looking to not be a day-to-day owner/operator, as the business comes with a President, Controller, Purchasing Manager, Sales Director, and a full warehouse and shipping team. Plus, the seller is willing to roll over some equity as a show of good faith in the ongoing success of the business, which is always a positive sign.

๐Ÿ“ฃ Investors: Want to invest with me in cash-flowing SMB deals? Iโ€™m bringing on a select few investors from this community into businesses Iโ€™m buying and operating. Reply โ€œLPโ€ and Iโ€™ll share more.

4/ Southeast Valley CPA Firm

๐Ÿ“ Location: Maricopa County, AZ
๐Ÿ’ฐ Asking Price: $1,320,000
๐Ÿ’ผ SDE: $521,000
๐Ÿ“Š Revenue: $1,100,000
๐Ÿ“… Established: 1988

๐Ÿ’ญ My 2 Cents: A couple of you have reached out with interest in acquiring CPA firms, and Iโ€™m happy to share I came across a great deal this week thatโ€™s priced very well. I like that the selling principal is willing to stay on in a Managing Partner role or a production role for 3-5 years if desired, which is great for client retention and derisks the transition. Iโ€™d want to investigate the client concentration as well as revenue split across the financial statement services, tax services and advisory services they offer.

Click Here To View The Listing ยป

5/ HOA Management Company

๐Ÿ“ Location: Long Beach, CA (Remote)
๐Ÿ’ฐ Asking Price: $2,360,000
๐Ÿ’ผ SDE: $589,963
๐Ÿ“Š Revenue: $1,428,076
๐Ÿ“… Established: 2018

๐Ÿ’ญ My 2 Cents: I just learned about homeowner association management, but it has all the elements of a business I love. The business comes with recurring contracts and sticky clients that have mostly been around since 2008. Thereโ€™s an immediate growth opportunity to raise prices since the fees are currently under market. Plus, the business has an established team of 17 employees. Iโ€™d want to dig into what the sales process and cycle are like to bring on new HOAs.

If you want to unlock 5 more handpicked deals instantly, click here to upgrade to premium for just $9/month. And if youโ€™re already a premium subscriber (thanks!), scroll down to see the rest of this weekโ€™s deals.

See you next week,

P.S. Whenever youโ€™re ready, here are 3 ways for us to work together:

1. Invest with me in cash-flowing SMB deals. Iโ€™m bringing on a select few investors from this community into businesses Iโ€™m buying and operating. Reply โ€œLPโ€ and Iโ€™ll share more.

2. Schedule a 1-on-1 coaching call with me on deal sourcing, business acquisition, or growth marketing.

3. I'm launching an exclusive SMB Deal Hunters Mastermind for serious acquisition entrepreneurs and investors in a few weeks. We'll share insights, ask questions, and collaborate in bi-weekly calls and a Slack channel. Want in? Reply "mastermind" to join the waitlist.

If you refer 1 friend to my newsletter, Iโ€™ll also send you The Comprehensive Seller Interview Question Bank Iโ€™ve put together for free ($29 value). In it, Iโ€™ve compiled 50+ questions business buyers should ask during seller interview calls when evaluating a business.

Or copy and paste this link to others: https://smbdealhunter.beehiiv.com/subscribe?ref=PLACEHOLDER

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