New Deals: A tutoring business, plumbing business, and 3 other finds

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NEW DEALS

1/ Tutoring Business

📍 Location: Texas
💰 Asking Price: $3,800,000
💼 EBITDA: $1,000,134
📊 Revenue: $2,675,186
📅 Established: 2000

💭 My 2 Cents: Families care deeply about their kids’ education, so there is always demand for high-quality tutoring services (especially in Texas, where school districts are highly competitive). I like how this deal is for two long-established learning centers that provide supplemental education for students from kindergarten through high school. Both centers are strategically located—one near schools and the other in a busy commercial district. With limited competition in the area, families will travel significant distances to attend the facilities, pointing not only to their excellent reputation but also to the potential to open satellite locations nearby. This is a franchise resale, so support from the national brand can be an asset in this space and may be leveraged to support opening new locations. Even if a new owner doesn’t want to grow, this business has great margins, significant earnings, and a well-built-out operational structure. I’d need to look into their franchise agreement to include its fee structure and possible restrictions on expanding geographically, the breakdown of referral vs. paid customer acquisition, their average client tenure and level of recurring revenue, and the roles (educator, admin, sales) and status (full-time, part-time, 1099) of their staff. One of the centers is currently operated by staff, and a manager could be hired for the other, so this could be a highly profitable turnkey acquisition.

2/ Plumbing Business

📍 Location: California
💰 Asking Price: $5,000,000
💼 EBITDA: $1,400,000
📊 Revenue: $5,037,728
📅 Established: 2014

💭 My 2 Cents: This general contracting company specializes in large-scale commercial plumbing projects with a core focus on federal and state government contracts. Their business model is built around securing these contracts through pre-qualified government bidding pipelines, allowing growth to scale linearly by simply accepting more awarded work. I love their concentration on government work, as this is a notoriously hard sector to break into, but one that provides guaranteed payments and ongoing bid opportunities once you’re in. Their lean team helps keep their margins high while the $800K in FF&E included in the sale provides significant asset value to a buyer. I’d want to know if they have multi-year agreements in place or are awarded jobs on a per-project basis, how much work they have in progress and what their current backlog and pipeline are, payment terms (government work often pays net 30–90), what % of revenue comes from each agency or contract, and if there are foremen, estimators, or PMs with deep agency relationships that could pose a key man risk. They currently operate with minimal owner involvement (15–20 hours per week), so this could be an interesting opportunity for someone looking for largely hands-off, steady, recession-resistant cash flow.

3/ Backup Power Solution Business

📍 Location: New Jersey
💰 Asking Price: $2,399,999
💼 EBITDA: $580,391
📊 Revenue: $2,902,325
📅 Established: 1944

💭 My 2 Cents: New Jersey’s aging grid and frequent storms make backup power essential, especially for commercial and government clients that require guaranteed uptime. This 80-year-old, family run business offers a full suite of services for backup power systems, including sales, installation, and repair for both residential and commercial clients. They differentiate themselves in what can be a fragmented space through their designation as a dealer for the national supplier Generac (75% share of the North American residential standby generator market), strategic propane partnerships, and WiFi-enabled diagnostics. I really like their brand identity, legacy customer relationships, long-tenured team, and ability to combine traditional service values with the latest operational tools like remote diagnostics. I’d want to get a handle on what % of revenue comes from new installations vs. recurring maintenance/service, how many recurring maintenance contracts they have in place and their average value/duration, what is the labor cost structure (W2 vs 1099), how they source new customers, the age and condition of their equipment, and the state of their facilities (for sale separately). The seller is open to continued employment post-sale, which could prove very valuable in preserving institutional knowledge and key customer relationships.

4/ Mortuary & Cremation Business

📍 Location: California
💰 Asking Price: $2,000,000
💼 EBITDA: $610,000
📊 Revenue: $1,700,000
📅 Established: N/A

💭 My 2 Cents: There will always be a need for dignified, compassionate mortuary and cremation businesses, regardless of economic conditions. This company, located in densely populated Los Angeles County—which has one of the highest cremation rates in the country (~70%+)—operates a fully owned, state-of-the-art facility equipped with refrigeration and all necessary tools to conduct mortuary services in-house. Real positives include their simple business model, predictable revenue stream, and very strong margins. Plus, in this industry many customers pay upfront or in cash, leading to strong operating cash flow. I like that their real estate is also available for sale as this can add asset stability, tax advantages, and potential appreciation to an acquisition. I’d need to better understand the different services they provide (embalming, cremation, burial), the breakdown of revenue by service type, annual call volume, average revenue per call, facility capacity, if there are licensed funeral directors or embalmers on staff, and if there are any key employees with relationships in religious or ethnic communities. While this type of business may not appeal to every buyer, it offers the opportunity to own a company that delivers both steady income and an invaluable service that truly makes a difference in people’s lives.

5/ Non-Emergency Medical Transportation Business

📍 Location: South Carolina
💰 Asking Price: $1,900,000
💼 EBITDA: $659,838
📊 Revenue: $2,360,829
📅 Established: 2017

💭 My 2 Cents: The non-emergency medical transportation (NEMT) industry has strong tailwinds, as the aging U.S. population continues to drive demand for essential transport services. Plus, NEMT is often funded by Medicaid or Medicare Advantage plans, providing stable and recurring revenue. This company, with a large fleet of vehicles (including wheelchair-accessible and stretcher-capable units) and a trained team of 16 CPR-certified drivers, handles a wide range of transport needs, including hospital discharges, medical appointments, and disaster evacuations. Their institutional contracts provide a predictable revenue base, while private-pay clients add a healthy layer of supplemental income. I also like their emphasis on staff quality, as this is an industry where reputation and reliability are key differentiators. I’d need more detail on revenue mix by payer type, if payments are routed through a broker like ModivCare (and at what rates/terms), the age, mileage, and maintenance history of their fleet, the technology stack used for dispatch, routing, and billing, and how much more volume they could handle with their current assets. Ultimately, South Carolina’s large and aging population (especially in rural areas) makes this a resilient, demand-driven business with room to grow.