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- New Deals - 13 June 2023
New Deals - 13 June 2023
Helen Guo
June 13, 2023
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Hello SMB Deal Hunters!
Here are 5 new deals (or 10 if you’re a premium subscriber) for you that are worth checking out.
1/ Pool Route Service in The Villages
📍 Location: The Villages, FL
💰 Asking Price: $1,550,000
💼 SDE: $580,000
📊 Revenue: $1,297,000
📅 Established: 2010
💭 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. I’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
📍 Location: St. Augustine, FL
💰 Asking Price: $2,900,000
💼 SDE: $627,812
📊 Revenue: $3,973,114
📅 Established: 1980
💭 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 »
3/ Sports Products Distribution Business
📍 Location: Omaha, NE
💰 Asking Price: $5,850,000
💼 SDE: $1,210,270
📊 Revenue: $8,671,536
📅 Established: 1995
💭 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.
📣 Investors: Want to invest with me in cash-flowing SMB deals? I’m bringing on a select few investors from this community into businesses I’m buying and operating. Reply “LP” and I’ll share more.
4/ Southeast Valley CPA Firm
📍 Location: Maricopa County, AZ
💰 Asking Price: $1,320,000
💼 SDE: $521,000
📊 Revenue: $1,100,000
📅 Established: 1988
💭 My 2 Cents: A couple of you have reached out with interest in acquiring CPA firms, and I’m happy to share I came across a great deal this week that’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. I’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 »
5/ HOA Management Company
📍 Location: Long Beach, CA (Remote)
💰 Asking Price: $2,360,000
💼 SDE: $589,963
📊 Revenue: $1,428,076
📅 Established: 2018
💭 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. There’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. I’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 you’re already a premium subscriber (thanks!), scroll down to see the rest of this week’s deals.
See you next week,
P.S. Whenever you’re ready, here are 3 ways for us to work together:
1. Invest with me in cash-flowing SMB deals. I’m bringing on a select few investors from this community into businesses I’m buying and operating. Reply “LP” and I’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, I’ll also send you The Comprehensive Seller Interview Question Bank I’ve put together for free ($29 value). In it, I’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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