New Deals: A property management firm, pool service company, and 3 other finds

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NEW DEALS

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

1/ Property Management Firm

📍 Location: New Jersey
💰 Asking Price: $2,100,000
💼 EBITDA: $758,502
📊 Revenue: $3,905,878
📅 Established: 1995

💭 My 2 Cents: Property management businesses are in high demand due to their recurring (and contractual) income, low capital intensity, and scalability. This residential property management firm, in business for 30 years, now handles over 130 properties along the Jersey Shore. I like how many of these are second homes or investment properties, which require year-round service, and how the company generates predictable recurring revenue through an annual subscription model. I also like their lean operation that utilizes a network of subcontractors for needed maintenance work, keeping fixed costs low while enabling scalability if a new owner wants to upsell services or advertise to capture new clients. I’d want to understand annual client churn rate, termination terms, how many owners have multiple properties (concentration risk), how subcontractor work is priced and billed, what systems are in place for client communication and operations, and if there is a licensed broker-of-record or property manager on staff. Assuming service is good and customers have been sticky, this looks like a steady cash producer.

2/ Pool Service Company

📍 Location: Florida
💰 Asking Price: $1,300,000
💼 EBITDA: $742,938
📊 Revenue: $2,842,485
📅 Established: 1971

💭 My 2 Cents: This well-established pool company on Sanibel Island boasts over 50 years in operation with close to 400 loyal service accounts. What’s unique about this location is the affluent, tourism-driven market, with second homes and rentals that create sticky, year-round demand for pool service from owners who prioritize reliability over price. In addition to recurring service and maintenance work, they are one of the very few pool companies with a physical retail presence on the island, selling both pool and lawn equipment. The sellers own the real estate, which is available for purchase or long-term lease. I really like their recurring service revenue, competitive edge through the retail storefront, and exclusive regional distribution rights for a major lawn equipment brand. I’d want to understand the revenue split between services and retail, how much of the customer base consists of vacation rentals, snowbirds, or full-time residents, the condition of their 10 service vehicles and other FF&E included in the sale, and margins by product category such as pool chemicals versus lawn equipment. The current owners operate the business semi-absentee and have been content maintaining the status quo, so a motivated new owner could drive growth through increased marketing and more hands-on management.

3/ Plumbing Business

📍 Location: Florida
💰 Asking Price: $10,000,000
💼 EBITDA: $2,000,000
📊 Revenue: $4,300,000
📅 Established: 2000

💭 My 2 Cents: Pipes burst, toilets clog, sewers back up, and water heaters fail regardless of the economy—no wonder plumbing businesses are so sought after. This long-standing company offers a full suite of plumbing services across the affluent, densely populated Florida markets of Miami, Broward, and West Palm Beach. If you’re interested in a larger operation, they employ 22 full-time and 20 temporary workers, operate a fleet of 10 vans, and hold major municipal and B2B accounts such as Broward Health and Memorial hospitals. Their business is evenly split between recurring services and new projects, so they have both steady income and plenty of exposure to lucrative larger jobs. I love their financials, as they have extremely impressive margins and are on a growth trajectory to meet their target of $5-6M revenue in 2025. That said, I’d want to dig into the standard contract terms for recurring clients, renewal rates and churn over the past 3 years, the employee retention rate (especially among licensed techs), their historical win rate on bids, how project margins compare to service work, and the condition of their fleet and equipment. Ultimately, this business is a regional powerhouse with the team, tools, and footprint in place, offering a rare turnkey opportunity primed for growth.

4/ Roofing Company

📍 Location: Texas
💰 Asking Price: $2,650,000
💼 EBITDA: $630,000
📊 Revenue: $4,600,000
📅 Established: 2009

💭 My 2 Cents: Texas is known for hailstorms, hurricanes, extreme heat, and high winds—all of which drive repeat insurance-funded roof replacements. It also leads the country in population and housing growth, creating consistent demand for new construction roofing. I really like this established company’s track record, with 250 roofing jobs completed in 2024 alone, 99% of which were full tear-offs. Their revenue is split across residential (60%) and commercial (40%) projects, helping mitigate risk during market slowdowns, and they have a proven lead generation system through paid Google ads. They operate with a very lean structure, with their small staff utilizing subcontractors for the actual work and 1099 commission-based sales reps for customer acquisition. Their business assets are primarily leased, so there would be limited capex required if a new owner continues with the current model. I’d want to better understand their close rate and average customer acquisition cost, how else they source leads (e.g. door-to-door, referrals), if there is concentration risk among commercial clients, what % of revenue comes from insurance work vs. retail jobs, and how they manage and compensate subcontractors and sales reps. I’d also look into how cyclical or seasonal their pipeline is. Overall, their low overhead and ready scalability make this an interesting opportunity for someone looking for both solid cash flow and serious growth potential.

5/ HVAC Company

📍 Location: Florida
💰 Asking Price: $6,400,000
💼 EBITDA: $1,228,214
📊 Revenue: $5,854,768
📅 Established: 1979

💭 My 2 Cents: This 46-year-old Florida-based HVAC company checks a lot of boxes for me. In a business built on recurring service, a long track record like this often means a deep bench of loyal, sticky customers. They’ve got over 1,000 active maintenance agreements (which, in HVAC, is gold) along with 245 residential system changeouts completed in the past year and a steady stream of commercial new construction work. Other real positives include their dedicated CRM, clearly defined flat rate pricing, and 8,000 sq ft facility that houses $400K in FF&E and inventory. I’d want to dig deeper into the maintenance agreements: how many are truly active vs. dormant, average annual revenue per contract, churn rate, and whether they’re prepaid or billed monthly. I’d also evaluate margins across residential vs. commercial work, the split between service and installs, the size and quality of the backlog, and how they’re acquiring customers (including marketing spend, CAC, and close rate). With Florida’s year-round demand for HVAC services and strong demographic growth, this business sits in a resilient sector with real tailwinds. It also checks the boxes institutional buyers look for, making this not just a smart buy, but one with a clear path to a high-value exit.