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  • New Deals: An air duct and HVAC cleaning business, home health care business, and 3 other finds

New Deals: An air duct and HVAC cleaning business, home health care business, and 3 other finds

Plus, how to tell a good business from a bad business

Today’s Sponsor

Hello SMB Deal Hunters!

📣 Announcement: I’m hiring a Content Strategist! If you love writing about great acquisition opportunities and small business stories and want to help shape the voice of our newsletter read by 150,000+ entrepreneurs and investors, apply here.

Now onto regular business! I’m excited to share 5 new businesses for sale worth checking out. First up…

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers. 

COMMUNITY WINS

Here’s what one SMB Deal Hunter Pro member shared this past week:

Want me and my team to work with you to find, finance, and acquire a million-dollar cash-flowing business in the next 6-12 months?

NEW DEALS

These deals span the country. For custom-sourced deals in your area, click here.

1/ Air Duct & HVAC Cleaning Business

📍 Location: Colorado
💰 Asking Price: $3,750,000
💼 EBITDA: $506,147
📊 Revenue: $2,411,484
📅 Established: 30+ Years Ago

💭 My 2 Cents: Every home and commercial building needs HVAC systems cleaned every few years, and property managers often do it annually. I love how this company has carved out a specific niche within the broader HVAC market, providing air duct and HVAC system cleaning for residential, commercial, institutional, and municipal clients. What’s impressive given their size is that they have an experienced management team, allowing the owner to work semi-absentee for about 15 hours per week. I like their strong online reputation with over 1,700 five-star Google reviews and especially their extensive list of 70,000 previous customers that can be re-marketed to. I also like the strong cash conversion with this business, as the jobs are short-cycle, so you get immediate payment from homeowners and property managers. I’d want to know the revenue breakdown across client types and the percentage of recurring commercial jobs vs. one-off residential jobs, what seasonality in cash flows looks like (demand generally spikes in spring/fall), how they acquire new clients (referrals, PPC, third-party marketplaces, word of mouth), as well as their monthly ad spend and cost per booked job. The asking multiple is admittedly a bit high given their size and the ad hoc nature of the service, but with a management team in place and $1.5M of equipment included in the sale, it’s worth digging in to see if a better deal can be negotiated.

2/ Four Auto Paint and Body Shops

📍 Location: Arizona
💰 Asking Price: $1,950,000
💼 EBITDA: $550,000
📊 Revenue: $5,700,000
📅 Established: 2020

💭 My 2 Cents: Collision repair and painting are recession-resistant: accidents happen regardless of the economy, and Arizona’s high car ownership and sun exposure create steady demand for cosmetic work and fleet repainting. This offering includes four Maaco automotive paint and collision repair franchises across Phoenix, Tempe, and Prescott, Arizona. All locations are leased, fully equipped, and staffed with shop managers and skilled technicians, saving you the hardest part of recruiting skilled labor. What’s great is that one of the sellers is open to staying long-term in a regional manager role, giving a new owner a strong base to build on. Riding along with Maaco’s 50+ years of brand recognition can also provide valuable franchise support, though I’d want to know if the franchisor drives steady business through fleet contracts. With multi-location packages, I always want to ensure that each site contributes to the overall success and that there aren’t any underperforming assets bundled with stronger ones. I’d also want to review the revenue split across retail, insurance, fleet, and wholesale work, as well as the lease terms, including when they renew and any rent escalations. Ultimately, the dry climate, dense car ownership, and population boom across Arizona should keep these shops busy for years to come.

3/ Electronic Security Systems Provider

📍 Location: New Hampshire
💰 Asking Price: $2,600,000
💼 EBITDA: $744,000
📊 Revenue: $3,800,000
📅 Established: 1988

💭 My 2 Cents: The line between mechanical and digital security is blurring, with access control moving to cloud-based systems, cameras adding AI-driven analytics, and integration with building automation and smart IoT devices becoming the norm. Operating for over 35 years, this company has evolved alongside that shift, installing, repairing, and upgrading mechanical and low-voltage electronic security systems across the Upper Eastern Seaboard. I really like their long history, diversified client base spanning both residential and commercial markets, and strong brand identity in a field where reputation is paramount, since clients understandably care deeply about safety and security. That said, I’d need to understand why the current owner is selling after only two years, so I’d dig into what the business looked like before he bought it and how it has evolved. Because this industry often includes recurring service contracts for monitoring, testing, maintenance, and software updates, I’d want to understand how much revenue comes from new installations versus recurring service. I’d also assess the age and tenure of key technicians and project managers, verify whether they’re certified resellers or installers for specific brands, and analyze open quotes, project backlog, and renewal schedules. With many older buildings across the U.S. Northeast in need of system retrofits, this company appears well-positioned to capture growing demand.

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

4/ CNC Machining Business

📍 Location: California
💰 Asking Price: $2,750,000
💼 EBITDA: $650,863
📊 Revenue: $2,190,421
📅 Established: 1995

💭 My 2 Cents: This ISO 9001 and ISO 13485-certified CNC machining firm manufactures precision components for diverse sectors, including the semiconductor, telecom, medical device, and clean air equipment industries. I love their 83%+ gross and 30–37% net margins (exceptional in contract manufacturing), which suggest strong pricing power, sophisticated cost control, or proprietary capabilities. They come with 13 full-time employees, $3.4M worth of specialized equipment (current book value of $1.3M), a state-of-the-art palletized machining center, temperature-controlled QA department with CMM capabilities, and an assembly clean room. I really like their large asset base and modernized facility, with this built-in capacity meaning a new owner could expand by adding an additional shift. I’d want to understand the nature of their contracts (PO-based vs. long-term agreements) and if there’s any customer concentration, what their backlog looks like, job margins by customer, and who handles quoting, scheduling, and customer communication. If customer diversification and management depth check out, it’s a defensible, cash-rich platform that can scale through capacity expansion or add-on acquisitions in regulated industries.

5/ Home Health Care Business

📍 Location: Florida
💰 Asking Price: $3,800,000
💼 EBITDA: $780,000
📊 Revenue: $6,693,612
📅 Established: 1995

💭 My 2 Cents: Federal and state governments are increasingly reallocating budgets from institutional care to home-based alternatives, recognizing that it’s more cost-effective and leads to better patient outcomes. Against that backdrop, this home healthcare provider has spent over 30 years delivering comprehensive care solutions to elderly and disabled populations. Operating under the Florida Agency for Health Care Administration (AHCA), they hold both Medicare and Medicaid licenses and have maintained a 20-year contract with the Alliance for Aging, ensuring stable referral streams and reimbursement coverage. I also like that they’re strategically located in South Florida, where a large and rapidly growing senior population should sustain strong demand well into the future. I’d want to better understand their payer mix (Medicare, Medicaid, and private pay clients), the number of active patients, top referral sources, staffing composition (RNs, LPNs, aides, therapists) and turnover, as well as their accounts receivable aging and denied claims rates. Looking ahead, the U.S. population over age 65 is projected to nearly double by 2060, and Florida remains ground zero for this demographic surge.

THE BEST OF SMB TWITTER (X)

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Innovative logistics for HVAC (link)

COMMUNITY PERKS

Ready to buy and operate a $1M+ business? Partner with my team and get expert support at every step.

Want to invest passively in SMB acquisitions? Get access to investment opportunities.

Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

RECENT PODCAST EPISODES

He broke all the rules of biz acquisition and still won (link)

From Laid Off & Mid-Divorce -> $1.3M / Yr Business (link)

This Software Engineer bought a $3.2M business with a baby on the way (link)

THAT’S A WRAP

See you next Tuesday!

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Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.