New Deals - 27 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/ Commercial Laundromat

📍 Location: Union County, NJ
💰 Asking Price: $4,000,000
💼 Cash Flow: $1,038,279
📊 Revenue: $2,387,997
📅 Established: 1993

💭 My 2 Cents: This (very profitable) business primarily services hotels and restaurants, but also dabbles in wash and fold and dry cleaning (and has a coin laundromat). I love the recurring revenue from the B2B clients and would focus on growing this area of the business through outbound sales and marketing, especially since they currently don’t do any marketing/advertising.

2/ E-Commerce with High Cashflow, Remote Owner, Fanatical Customer Base

📍 Location: Pennsylvania (Relocatable)
💰 Asking Price: $6,000,000
💼 Cash Flow: $1,969,316
📊 Revenue: $9,500,000
📅 Established: 2005

💭 My 2 Cents: This is an officially licensed apparel and accessory e-commerce retailer with a presence across multiple channels (DTC, Amazon, etc.). The business has served over 2 million customers since its inception 18 years ago. It would be interesting to understand their DTC/Amazon revenue breakdown, what their acquisition costs look like, and if they have a big organic marketing advantage from their long time in operation. Additionally, I’d be curious if moving to a 3PL could improve their overall margins.

Click Here To View The Listing »

3/ Highly Profitable & Long Established Liquors Bus.

📍 Location: Washington, DC
💰 Asking Price: $1,890,000
💼 Cash Flow: $514,331
📊 Revenue: $1,353,657
📅 Established: 1943

💭 My 2 Cents: This 80-year-old liquor store on a busy corner in the Capitol Hill neighborhood of DC runs on an impressive 37% net profit margin. The reason why liquor stores are here to stay is because shipping beverages (a la Amazon style) is absurdly expensive and laws often favor brick-and-mortar over other forms of distribution. And let’s just say the demand for alcohol isn’t going anywhere…

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/ Manufacturer & Seller of Professional-Quality Hair Styling Tools

📍 Location: Broward County, FL (Relocatable)
💰 Asking Price: $14,900,000
💼 Cash Flow: $2,628,023
📊 Revenue: $6,914,360
📅 Established: 2013

💭 My 2 Cents: This business runs on a unique business model that doesn’t rely on traditional e-Commerce or retail/wholesale channels for its primary sales channel. Instead, the business sells hair styling tools directly to professional hairstylists and stylists in training through cosmetology schools. With the overall employment of hairstylists projected to grow 11 percent from 2021 to 2031, I think this business is set up for silky-smooth success.

Click Here To View The Listing »

5/ Highly Profitable, Established Tutoring Business

📍 Location: San Diego, CA
💰 Asking Price: $3,500,000
💼 Cash Flow: $915,242
📊 Revenue: $1,418,115
📅 Established: 2013

💭 My 2 Cents: This 10-year-old academic tutoring business (think SAT test prep, AP test prep, etc.) is a very high-margin business that operates 75% online and 25% in-person. Their staff of 13 tutors is clearly high quality because all their customers come through referrals (and they’ve done zero advertising). I would leverage their reputation, existing results, and case studies to grow through advertising nationwide.

Click Here To View The Listing »

If you want to unlock 5 more handpicked deals instantly, click here to upgrade to premium for just $19/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. 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.

3. Want to reach my community of 2,500+ entrepreneurs and investors with your message? Replyadvertise” and I’ll share my media kit.

📚 What I’m Reading

Everyone always asks how I stay up-to-date, so here are a few of my favorite newsletters:

  • The Sweaty Startup — “Boring business” entrepreneur Nick Huber who sold his 7-figure service business and now runs a self-storage portfolio shares actionable insights with entrepreneurs and investors.

  • The Average Joe — New market trends and ideas read by 100,000+ investors (always interesting and focused articles).

  • Cody Plofker’s Newsletter — Weekly insights from the DTC marketing guru behind Bobbi Brown‘s hyper-growth beauty brand Jones Road Beauty.

  • The Intelligence Age — AI and future development updates and insights written by professionals from NASA, Stanford, and Goldman Sachs.

All free, all quality. Check ‘em out.

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.

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