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- New Deals: A medical billing business, industrial staffing agency, and 3 other finds
New Deals: A medical billing business, industrial staffing agency, and 3 other finds
Plus, how to negotiate transition services
Hello SMB Deal Hunters!
I’m excited to share 5 new businesses for sale worth checking out. First up…
🔥 Community Top Picks from the Last Issue:
#1: IT service firm with $1.2M in EBITDA
#2: Wildlife and pest control company with $914K in EBITDA
#3: Security company with $559K in EBITDA
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/ Medical Billing Business
📍 Location: Nevada
💰 Asking Price: $3,000,000
💼 EBITDA: $775,676
📊 Revenue: $2,474,527
📅 Established: 2016
💭 My 2 Cents: Medical billing companies help doctors handle all the paperwork and communication with insurance companies and patients. It’s a great industry to be in as healthcare spending is less discretionary, clients are sticky because switching billing providers is a pain for medical offices, and revenue is generally predictable and stable, with most billing companies charge a percentage of collections (typically 4–10%). For this fully remote company that has clients across a wide range of medical specialities, some 75–80% of their revenue comes from billing services, with the remainder from credentialing, contract support, and compliance consulting. I like how they differentiate from competitors with quick onboarding and 48-hour billing turnaround times, their minimal client concentration, and how all their billing is handled by certified contractors, making scaling very straightforward. I’d need to know the standard terms of their ongoing open-ended contracts, their average client tenure and churn rate, how they acquire new clients, and how they source and compensate their contract employees. The owner currently works full-time in the business, so this could be the right opportunity for a buyer who is excited to be an owner-operator.
2/ Industrial Staffing Agency
📍 Location: Missouri
💰 Asking Price: $3,700,000
💼 EBITDA: $964,255
📊 Revenue: $12,391,985
📅 Established: 2008
💭 My 2 Cents: I like niche staffing companies that serve industries where there is a lot of ongoing temp labor demand. This multi-location staffing agency with 140 employees fits the bill, specializing in providing qualified personnel to industrial companies (think warehousing & logistics companies, manufacturing plants, construction contractors, food production, etc.) which has helped them build recognized expertise while limiting competition. Although they lost their largest customer in 2024, they’ve demonstrated a strong ability to bounce back and expect to fully replace the lost revenue and profit in 2025. I’d need to understand exactly what happened there and how they’ve recovered so well. I’d also want to dive into the standard terms of their client contracts, the mix of long-term versus short-term placements, their recruiting and training processes, and their worker turnover rate. Since staffing firms typically front payroll two to six weeks before getting paid, I’d also want to understand their cash flow dynamics, how often clients pay, any history of bad debt, and whether any are chronically late. That said, with their strong level of earnings and the owner offering 10% seller financing and transition support, this looks like an opportunity worth exploring.
3/ HVAC & Plumbing Business
📍 Location: Nevada
💰 Asking Price: $4,000,000
💼 EBITDA: $837,804
📊 Revenue: $4,135,219
📅 Established: 2008
💭 My 2 Cents: HVAC and plumbing are a PE darling because they’re essential businesses that often come with recurring maintenance revenue. Residential work tends to be higher volume and more seasonal while commercial work tends to be larger-ticket with longer cycles, so I like how this company serves both types of clients, further protecting against downturns in one segment. They have an established base of recurring contracts, bring in new business mainly through referrals, and have a solid full-time staff of 20 that includes trained managers so that the seller does not need to do any field work. This could be really helpful to a new owner, as they can focus on working on rather than in the business. I’d want to get a handle on the revenue breakdown between residential and commercial jobs, if there is any client concentration on the commercial side, their service contract renewal rate, how loyal the licensed techs are, if any of the techs can hold the necessary licenses, and the condition of the $350K in FF&E included in the sale. Given the ongoing development of the Vegas metro area, there's an opportunity here to grow the residential side via digital marketing (Google Ads, LSA, reviews) and the commercial side via outbound sales and networking (property managers, GCs, facility managers).
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 😳
Enter SMB Diligence.
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/ Impact Window and Door Retailer
📍 Location: Florida
💰 Asking Price: $1,200,000
💼 EBITDA: $697,736
📊 Revenue: $2,172,604
📅 Established: 2004
💭 My 2 Cents: I always like businesses with legally-mandated demand. Impact windows and doors are often required by local code or insurance in South Florida to withstand hurricane winds, and this business has a proven 21-year track record in selling and installing them. They have diverse revenue streams, with sales from both their showroom and website, strong supplier relationships, and experienced personnel, including two dedicated installation teams. The seller owns the facility and is offering a long-term lease at an affordable rate, which would help ensure operational continuity well into the future. I’d want to look into how much repeat business they get from builders, property managers, and ongoing maintenance/upgrades (referrals should be strong if the company has a good local reputation). I’d also look into their current backlog of scheduled installs, how steady the pipeline is, and whether there are seasonal drop-offs. It’s also important to check if they’re locked into favorable pricing with suppliers, lead times, stockouts, and working capital requirements, since large jobs often require significant upfront cash outlay for materials/labor with delayed customer payment.
5/ Vocational Training School
📍 Location: Texas
💰 Asking Price: $4,125,000
💼 EBITDA: $1,148,060
📊 Revenue: $2,385,500
📅 Established: 2014
💭 My 2 Cents: It’s not every day you see a business like this West Texas-based vocational training school that provides hands-on programs in high-demand trades like CDL truck driving and mobile crane certification. They’re filling a necessary gap by providing education and certification courses for fields that have been facing severe staffing shortages for years. These programs often lead to well-paying jobs in months, not years, making the value prop compelling and enrollment more resilient. They are fully accredited and operate out of a purpose-built facility that is available for sale separately. What’s great is that many students are eligible for state or federal aid, GI Bill benefits, or employer-sponsored tuition reimbursement, and many students pay or are funded in advance, reducing accounts receivable risk. I’m also really taken with their impressive margins and the potential to grow through expanding their programs, adding satellite campuses, and offering online courses. I’d need to dig into the school’s relationship with the DOT, state education board, and accrediting bodies, whether there’s instructor turnover risk, what percentage of students are self-pay vs. financed vs. government-funded, what their enrollment rate looks like (open seats vs. waitlists). job placement rates, and whether they have partnerships with trucking companies, unions, or construction firms. Ultimately, this is a business that makes more sense to buy than build, as state licensing, DOT approvals, and testing infrastructure create barriers to entry for new competitors.
THE BEST OF SMB TWITTER (X)
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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 Left Corporate to Buy a Pallet Company. Then He Doubled It. (link)
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• Why This Startup Founder Bought an Electrical Contracting Business (link)
THAT’S A WRAP
See you tomorrow with a new podcast episode!

-Helen Guo
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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.