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- New Deals: A child safety equipment installer, fire protection company, and 3 other finds...
New Deals: A child safety equipment installer, fire protection company, and 3 other finds...
Plus, a $150K add-back buried in a CIM almost sent one of our members into a brutally expensive situation
Hello SMB Deal Hunters!
I’m excited to share 5 new businesses for sale worth checking out in this Market Watch issue. Each was handpicked from hundreds of fresh listings, with our quick take on why it stands out. First up…
🔥 Community Top Picks from the Last Market Watch Issue:
#1: Special Needs Student Transportation Company with $1.2M EBITDA
#2: Multi-Trade HVAC, Plumbing, and Electrical Contractor with $548K EBITDA
#3: Custom Metal Fabrication and Welding Shop with $958K EBITDA
Today’s issue is sponsored by SMB Deal Hunter Pro, our accelerator that helps business buyers find, finance, and acquire a million-dollar cash-flowing business in 6–12 months.
COMMUNITY WINS
Here’s what one SMB Deal Hunter Pro member shared this past week:

🔥 Last week was a record week! 6 members closed their first deals in a single week.
We helped them source these deals (many off-market), and our Acquisition Strategists worked with them 1:1 to structure winning offers, catch red flags, and secure financing.
Tax Day was yesterday. Thousands of business owners just signed their returns and saw exactly what they made last year. For a lot of them, that's the moment the retirement math finally clicks.
Every year, the 60 days after April 15th produce some of the best deal flow of the year.
So if you've been waiting for the right time to make a move....
NEW DEALS
These deals span the country. For custom-sourced deals in your area, click here.
1/ Residential and Commercial Propane Distributor
📍 Location: Florida
💰 Asking Price: $2,800,000
💼 EBITDA: $536,122
📊 Revenue: $1,833,502
📅 Established: 2001
💭 My 2 Cents: Florida propane demand is less about heating and more about the things natural gas can't serve: backup generators during hurricane season, pool and spa heating, outdoor kitchens, and rural properties off the gas grid. This operation serves roughly 5,000 customers, and a large share of them are on company-owned tanks the business leases back to them, so that lock-in drives repeat delivery revenue year after year. For these customers, switching providers means physically removing and reinstalling the tank, which most homeowners and businesses simply won't bother with. The business also supports whole-house generator installations through partnerships with local electricians, which is a growing channel as storm-related power outages push more Florida homeowners toward backup power solutions. The management team handles both inside and field operations without the owner. That said, I'd want to dig into the contract renewal structure on leased tanks and whether customers can terminate at will, how geographically dense the delivery routes are and what fuel costs do to margins in a spread-out territory, and what the annual capital expenditure cycle looks like for truck maintenance and tank replacements. The generator install channel could become a real growth lever as climate volatility keeps pushing Florida homeowners off the grid.
2/ Licensed Childcare Center
📍 Location: New York
💰 Asking Price: $2,300,000
💼 EBITDA: $642,000
📊 Revenue: $1,445,645
📅 Established: N/A
💭 My 2 Cents: Licensed childcare slots in suburban New York are notoriously scarce, and that scarcity is the moat here. Nassau County has over 1.3 million residents, high household incomes, and a chronic shortage of quality options, all of which support strong pricing power and consistent enrollment. This center serves toddlers through school-age children with structured programming that has earned a strong reputation among local families. An experienced management team runs day-to-day operations, so this doesn't require a buyer who has to manage a classroom. That said, the center's staffing depth and caregiver ratios are worth examining closely. I'd want to know the current waitlist depth and how quickly open spots fill when a family leaves, what turnover looks like among both licensed and unlicensed staff given how competitive the childcare labor market has become, and whether the facility lease locks in favorable terms or exposes the business to a rent renegotiation. I'd also want the breakdown between full-time and part-time enrollment. In this market, a new license alone takes over a year to secure, so an operating center with a full roster is the barrier no competitor can shortcut.
3/ Licensed Vocational School for Healthcare and Beauty Trades
📍 Location: Florida
💰 Asking Price: $1,900,000
💼 EBITDA: $474,676
📊 Revenue: $1,368,912
📅 Established: ~2012
💭 My 2 Cents: Hospitals, dental offices, and salons across Florida are all competing for the same shrinking pool of trained workers, and traditional four-year degrees aren't filling the gap. This state-licensed vocational school has spent 14 years training students in healthcare, medical, and beauty fields through hands-on certification programs designed alongside industry professionals. The Florida Commission for Independent Education license takes real effort and regulatory compliance to maintain, which keeps casual competitors from setting up shop down the street. A team of 16 contractors and additional staff delivers programs that produce job-ready graduates, and tuition-based enrollment creates a steady revenue cycle as the school draws high school graduates, career changers, and adults seeking new credentials. The diligence here should start with the student completion rate and time to certification, because dropouts directly hit revenue. Beyond that, I'd want to know how the school sources new enrollments and what the cost per enrolled student runs, what the state license and accreditor change-of-ownership review process looks, and what employer placement rates look like for recent graduates. Adding programs in adjacent trades where local employer demand already outpaces the talent pipeline is the clearest path to growth.
MEMBER SPOTLIGHT
Anthropic’s CEO just predicted that HALF of all entry-level white-collar jobs could be gone before 2030.
If that makes you uncomfortable, you're not alone.
James spent 20 years in San Francisco tech, bouncing between startups. He loved the small teams and the pace, but watching companies shift direction every 18 months terrified him. He wanted something that would last.
So he joined SMB Deal Hunter Pro. Through our AI deal aggregator, he found a business most buyers scrolled right past: a food truck brokerage in Sacramento that doesn't own food trucks and doesn't do any cooking.
They broker between food trucks and corporate clients who need catering for events and gatherings. 3,000 events a year. Growing 20% year over year.
One problem: 15 banks refused to finance it. The seller hadn't planned on retiring until recently, so his tax returns didn't reflect the actual profitability. Every SBA lender looked at the returns and said no.
With our team's support, James went directly to the seller, showed him every rejection, and made his case. The seller agreed to finance 80% of the deal himself. James put 20% down. No SBA loan. No bank. Just a direct deal between buyer and seller.
7 months after joining, he closed. 60 days into ownership, he's already hired three new people to keep up with demand.
4/ Fire Protection Services Company
📍 Location: California
💰 Asking Price: $1,600,000
💼 EBITDA: $500,000
📊 Revenue: $2,900,000
📅 Established: 1999
💭 My 2 Cents: Building codes require fire protection systems in virtually every commercial structure, and those systems need inspection, testing, and maintenance on a legally mandated schedule. That compliance-driven demand means this company's 27 years of customer relationships generate steady, repeat revenue regardless of what the broader economy is doing. What caught my attention is that the business currently refers out fire alarm and underground fire line work to partners rather than handling it in-house. That tells me there's immediate expansion potential by adding those service lines without needing to find a single new customer. The key diligence items here are specific to how fire protection businesses operate in California. First, I'd want the revenue split between recurring inspection and maintenance work versus one-time installations. Second, how the customer base breaks down across commercial, industrial, and residential accounts, because each segment carries different contract lengths and pricing dynamics. And third, who holds the C-16 qualifying license and State Fire Marshal certifications, because those credentials are tied to specific individuals rather than the business, and the buyer needs a qualifier arrangement in place before close or the company legally can't perform work.
5/ Residential and Commercial Child Safety Equipment Installer
📍 Location: Texas
💰 Asking Price: $2,300,000
💼 EBITDA: $568,323
📊 Revenue: $2,215,814
📅 Established: ~1992
💭 My 2 Cents: Thirty-plus years in child safety is a track record almost nobody else in the country can claim, and the dual revenue model here is what makes it interesting. On one side, the company provides direct-to-consumer baby proofing, pool safety, and home safety assessments across the greater Houston area. On the other, it runs a dealer training network that equips individuals to launch their own child safety businesses in other cities. That dealer channel is particularly interesting, as it creates a licensing-style revenue stream that scales without adding headcount or trucks. An established management team handles daily operations, which makes semi-absentee ownership realistic. The questions I'd press on are how many active dealers are currently in the network and what their average annual revenue contribution looks like, whether the direct consumer business has seasonality tied to housing turnover or birth rate cycles, and what intellectual property protections exist around the training curriculum and proprietary safety products. Ultimately, a buyer who invests in scaling the dealer model nationally could multiply this business without installing a single baby gate.
WORTH A READ
A $150K add-back buried in a CIM almost sent one of our members into a brutally expensive situation (link)
If you’ve been eyeing laundromats, I need you to read this first (link)
The one mistake first-time buyers make when scanning business-for-sale listings (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 EPISODE
Greg Geronemus bought a bus tour company that sends retirees on group trips to South Africa, Thailand, Cuba, and Antarctica. Not an app. Not SaaS. Not a franchise with sexy unit economics.
He paid $29 million at under 5x with a 50% seller note at 4% interest.
On the surface, it checked none of the boxes. Cyclical. Looked like it would get disrupted by Kayak or Expedia. He almost passed on it entirely.
Four years later, he returned nearly 50% annualized to his investors. Almost 5x their money.
He didn't do it by building a rocket ship. Revenue grew about 50%. Respectable, not explosive.
The real math was simpler. The business threw off so much cash that he paid down $16 million in debt over four years. On $10 million of equity, that debt pay-down alone was generating 30 to 40% annualized returns before any growth at all. Then he sold to a private equity firm at a higher multiple than he paid.
Buying well, de-leveraging, and modest multiple expansion did almost all the work.
And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!
THAT’S A WRAP
See you tomorrow!

-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.


