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New Deals: A painting business, excavation company, and 3 other finds

Plus, 10-step process to close deals

Today’s Sponsor

Hello SMB Deal Hunters!

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/ Painting Business

📍 Location: Missouri
💰 Asking Price: $1,400,000
💼 EBITDA: $456,207
📊 Revenue: $2,176,582
📅 Established: 2005

💭 My 2 Cents: Paint and maintenance cycles continue regardless of economic conditions, especially in multifamily and industrial sectors, where upkeep is essential. This painting company has built an excellent reputation over 20 years serving a diverse mix of residential, commercial, and industrial properties, with a focus on multi-family and midsize commercial projects. The beauty of this focus is that clients often repaint on predictable cycles (e.g., every 3–7 years), allowing for repeat contracts and ongoing maintenance revenue. Their staff includes project and sales managers who handle about 80% of the supervisory workload, freeing up a new owner to focus on growth initiatives, such as HOA and property manager outreach, additional GC partnerships, geographic expansion or bolt-ons, and adding adjacent services like drywall or pressure washing. I’d want to know what multi-year relationships are in place (and their level of repeat business), what their GC and referral network looks like and if there’s any concentration, how they otherwise source new jobs, what their current backlog and pipeline look like, margins by project type, how they handle working with subcontractors along with their full time employees, and the nature and condition of the service vehicles and other equipment included in the sale. If all that checks out, the available seller financing makes this deal even sweeter.

2/ Printing Business

📍 Location: Minnesota
💰 Asking Price: $3,000,000
💼 EBITDA: $700,000
📊 Revenue: $3,600,000
📅 Established: 1992

💭 My 2 Cents: There is a lot of competition in the printing space, so having a retail as well as online presence can give a business a real advantage. I like how this company has both a robust online site and two physical locations—a main, state-of-the-art facility (available for purchase) and a leased satellite site. They offer a full suite of services, from graphic design and digital printing to direct mail, have a dedicated team of 30 employees (signaling operational maturity), and come with cutting edge equipment and other FF&E valued at $800K. What I like about services like direct mail, design, and printing is they often support long-term client relationships (e.g., real estate firms, political campaigns, nonprofits), with frequent repeat orders tied to events, seasons, or product cycles. I’d need more info on their client base, to include who their key customers are (and if there’s any concentration risk) and how many are repeat vs. one-off. I’d also want to get a handle on the revenue and margin breakdown by service line to understand which services are most profitable and whether any are declining in demand or have room for pricing improvement. Ultimately, in addition to the steady cash flow, I see a nice growth opportunity here, as a motivated buyer could capitalize on the extra capacity available with their equipment by adding on multiple shifts, explore upselling to existing clients, and expand online marketing to drive inbound sales.

3/ Electrical Repair and Maintenance Business

📍 Location: Nevada
💰 Asking Price: $1,513,000
💼 EBITDA: $753,590
📊 Revenue: $1,608,891
📅 Established: 2012

💭 My 2 Cents: If you’re looking for a business that does recurring, recession-resistant work, this home-based electrical contractor fits the bill. They focus on maintenance and repair (70% of their business) while also handling new installations for a client base that skews 70% residential and 30% commercial. This balanced client mix with a residential focus provides stability while still offering room for larger commercial projects or contracts. I love their 24/7 availability and how they use a flat-rate pricing model averaging $200/hour, which provides cost transparency for clients and simplifies billing. Their technicians store their fleet of six well-equipped vans at home, supporting a lean operating structure that lets them realize great margins. I’d want to look into what percent of their maintenance work is truly recurring, if service contracts are in place, current work-in-progress and backlog, how leads are generated (referrals vs. scalable channels like SEO, Yelp, partnerships), any low-margin service categories, technician retention, and what systems, software, and SOPs are in place. They’re being offered at a very reasonable multiple, and the buyer does not need an electrical contractor’s license—a third party currently qualifies the business, and that arrangement can continue post-sale.

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/ Excavation Company

📍 Location: Missouri
💰 Asking Price: $3,500,000
💼 EBITDA: $768,374
📊 Revenue: $4,379,987
📅 Established: 1989

💭 My 2 Cents: Excavation is needed for residential, commercial, and infrastructure projects regardless of economic cycles. This 30-year-old excavation company’s $4M in secured 2025 revenue in the pipeline speaks well to this demand. They come with a highly skilled workforce of 15 and an impressive $2.9M in FF&E, providing hard assets that cover a large part of the asking price and can be used as collateral. I’d need more detail on their scheduled work to understand if it’s contractually secured or just handshake based. I’d also want to dig into their client mix, if revenue is driven by a few repeat GC/developer relationships, the condition and maintenance history of the equipment, and margins by service line (grading, utility trenching, septic, demolition, etc.). The current ownership has deliberately capped growth to stay within a manageable service zone, but with a new buyer, the business could scale through territory expansion, diversification into government contracts, or even renting out underutilized equipment.

5/ HVAC & Plumbing Contractor

📍 Location: Florida
💰 Asking Price: $2,000,000
💼 EBITDA: $532,967
📊 Revenue: $2,133,030
📅 Established: 2020

💭 My 2 Cents: This semi-absentee HVAC and plumbing contractor based in Florida services a mix of multifamily residential buildings, residential homes, and national facility management clients. I really like how they handle both HVAC and plumbing needs, with these lines reinforcing each other, and their diversified client base. I also like how there is significant growth potential in the national facility management vertical in particular, as this represents a great source of secured, recurring revenue. Other pluses are their robust team of 18 that includes a highly capable foreman and the $250K of equipment included in the sale (check condition). I’d want to understand what percentage of revenue currently comes from facility management contracts versus local jobs, their level of maintenance work involving recurring income, if growth is driven by inbound referrals, online lead gen, or active outbound efforts, what client retention looks like, customer payment terms (facility management clients may demand net-30/60/90 terms), and how much more work they could take on without expanding headcount. The owner only works 10 hours per week and utilizes an external party to qualify the license, so there won’t be any challenge for a new owner who wants to continue operating in a similar fashion.

THE BEST OF SMB TWITTER (X)

Don’t scare off the seller (link)

Funding sources for a business acquisition (link)

What “working capital is not included” really means (link)

New SBA financing requirements (link)

The irony of the SBA personal guarantee (link)

10-step process to close deals (link)

Preparing for purchase negotiations (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

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Ex-Financial Advisor Buys Wedding Venue, Exits to Family Office... Now Onto Acquisition #2 (link)

This Investor Is Betting Millions on Entrepreneurs Buying Small Businesses (link)

THAT’S A WRAP

See you Thursday!

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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.