New Deals - 20 June 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/ Very Profitable Med Spa

📍 Location: Meridian, ID
💰 Asking Price: $2,300,000
💼 Cash Flow: $658,385
📊 Revenue: $2,079,153
📅 Established: 2006

💭 My 2 Cents: Med spas often trade at insanely unreasonable multiples because of all the roll-up activity, but this is not one of them! I like that the reason for the sale is that the owner is retiring, and that the owner would consider offering seller financing. Though this medspa appears to have great profit margins, it’ll be important to figure out what the true replacement cost of the owner is.

2/ Cash Monster Sports Collectible Business with 2022 EBITDA of $861,000!

📍 Location: Atlanta, GA
💰 Asking Price: $2,500,000
💼 Cash Flow: $916,452
📊 Revenue: $1,500,000
📅 Established: 2000

💭 My 2 Cents: This sports memorabilia business combines a retail location in Atlanta with online sales. The profit margins do scream “cash monster,” at over 60%, but I’m curious how the margins on retail vs DTC compare. The listing claims that 80% of customers are repeat, but don’t confuse that with the repurchase rate. A high repeat rate could indicate underspending on new customer acquisition.

Click Here To View The Listing »

3/ Farm and Ranch Tractor Dealership with Service

📍 Location: Cochise County, AZ
💰 Asking Price: $2,000,000
💼 Cash Flow: $1,016,929
📊 Revenue: $4,900,897
📅 Established: 1973

💭 My 2 Cents: I recently heard at a conference how difficult it is to get your foot in the door with the big farm and ranch tractor dealerships and was frankly surprised to see this one for sale. Established many moons ago, this business not only has great margins but is also being sold for a mind-boggling 2x cash flow. The only catch I see is that the property is available for sale for $1,000,000 and must be sold with the business. Better get that real estate appraised!

Click Here To View The Listing »

📣 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/ SBA-Approved Art & Crafts Supplies eCommerce Brand

📍 Location: Tampa, FL (Relocatable)
💰 Asking Price: $1,900,000
💼 Cash Flow: $519,721
📊 Revenue: $2,696,481
📅 Established: 2018

💭 My 2 Cents: This is a primarily Amazon FBA business, but a very solid one. It has a No. 1 Best Seller’s Badge in its product category with over 11,000 positive reviews. The remainder 10% of its sales are on other marketplaces and DTC, but given the fact that its AOV is quite low ($21), the opportunity to scale is going to be limited on DTC unless the strategy is completely different so that the business can afford to spend on paid social or there is a strong repurchase rate (which is certainly possible in this hobbyist category).

Click Here To View The Listing »

5/ Profitable Party Rental Company- Inventory Included

📍 Location: Westchester County, NY
💰 Asking Price: $1,900,000
💼 Cash Flow: $439,109
📊 Revenue: $2,278,911
📅 Established: 1947

💭 My 2 Cents: This party rental company services all five NYC boroughs and the tri-state area with cooking/serving equipment, dinnerware and dishware, tables/chairs, and tent rentals. The 90% repeat customer rate speaks to its reputation in the area. This business is seasonal (with fewer customers in the winter months) so you’ll have to account for that if you need to service any debt that you take on for the acquisition. That being said, with all the demand in the tri-state area, bringing on additional sales resources could serve as a great growth opportunity.

Click Here To View The Listing »

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 all things 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. 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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