- SMB Deal Hunter
- Posts
- New Deals: A property management company, healthcare SaaS, and 3 other finds
New Deals: A property management company, healthcare SaaS, and 3 other finds
Plus, Garrett from NorCal just went under LOI on this deal...
Hello SMB Deal Hunters!
📣 Quick Announcement: Earlier today I shared a GovTech Traffic Safety Analytics Platform I’m investing in. This is an off-market opportunity, and I'm pooling capital from the SMB Deal Hunter community to purchase a direct equity stake in the business alongside me. Spots are limited.
Now onto regular business…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: VR Training SaaS for Businesses & Educational Institutions (Remote) with $608K EBITDA
#2: Hybrid Email Marketing SaaS / Agency (Remote) with $738K EBITDA
#3: Commercial Kitchen Equipment Sales & Service in Missouri with $609K EBIDTA
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:

👀 P.S. If you want to close a business in 2026, the clock is already running. Our average Pro member time to close is 8 months, which means Q1 is about when you'd want to get started.
Over the past 12 months, our members have closed $148M in deals, with 1:1 access to our M&A advisors and a private off-market marketplace adding 10-20 listings every week.
We wanted to make the program more accessible to anyone serious about closing on a business this year, so we're offering a membership discount through March 31st and a one-time bonus that’s expiring in 19 days.
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/ Property Management Company
📍 Location: Florida
💰 Asking Price: $2,000,000
💼 EBITDA: $633,053
📊 Revenue: $880,274
📅 Established: ~2008
💭 My 2 Cents: Property management generates fees every month whether the market is hot or cold, and 400+ managed accounts is a base that produces genuinely recurring cash flow. This Tampa Bay firm has spent 18 years building the full-service model across both residential and commercial properties, covering leasing, tenant screening, maintenance oversight, rent collection, and brokerage. I like that the operation clearly runs lean, as the 72% EBITDA margin on $880K in revenue is notably high and tells me this is a small, experienced licensed team with minimal overhead. That said, I'd want to understand what percentage of revenue is recurring monthly management fees versus transaction-based commissions, the average account tenure, and how dependent the business is on the owner's broker license and landlord relationships. In greater Tampa Bay, where investor-owned rental inventory remains elevated and new supply continues to come online, a buyer focused on growth could push from 400 to 700 doors relatively quickly. Property management firms that hit that scale reach a tipping point where fee revenue compounds in a way that makes the initial acquisition price look very cheap in hindsight.
2/ Healthcare SaaS Platform
📍 Location: Remote
💰 Asking Price: N/A
💼 EBITDA: $935,211
📊 Revenue: $2,376,394
📅 Established: 2010
💭 My 2 Cents: When a software platform handles scheduling, billing, compliance, and payroll for home care agencies all in one place, it stops being a vendor and starts being infrastructure. This company serves the full long-term care ecosystem, including home care, adult day care, hospice, nursing, and assisted living, on a 100% monthly recurring subscription model where pricing scales with users and patient volume. Revenue grew at an 8.9% CAGR from 2022 to 2025, which is steady rather than flashy, but in a sticky, regulated niche that tells me the growth is durable. I like that the multi-tenant architecture and lean team mean the business scales without adding headcount proportionally, which is why EBITDA margins sit at 39%. That said, I'd want to understand churn rates across the roughly 1,000 client accounts, how the platform competes against larger players like WellSky or Netsmart, and what portion of revenue comes from enterprise networks versus small independent agencies. The seller points to approximately 60,000 long-term care providers in the U.S. as the addressable market, and a buyer with a real sales motion could push into that base aggressively, because right now growth has been largely inbound.
3/ Freight & Logistics Provider
📍 Location: Missouri
💰 Asking Price: $2,300,000
💼 EBITDA: $498,837
📊 Revenue: $2,478,507
📅 Established: 1981
💭 My 2 Cents: Forty-five years of uninterrupted regional freight with a mix of same-day, next-day, and dedicated contracted routes is about as close to annuity-style logistics revenue as you'll find at this deal size. The dedicated route business runs on contracted and semi-contracted arrangements with longstanding industrial and commercial clients who have no real reason to switch. I like that the family-run structure has kept overhead lean by design, which is why the 20% net margin on $2.5M in revenue holds. That said, at 4.61x the multiple is a bit above the typical range for a trucking business, so fleet condition and upcoming capex need to be front and center in diligence. I'd want to know whether the dedicated contracts are formally documented or relationship-based handshakes, what the fleet age and maintenance schedule look like, and how much of the recurring revenue is truly contractual versus habitual. A buyer who formalizes the contract structure and adds dedicated route capacity could turn what is already a defensible business into a genuinely predictable cash flow machine.
MEMBER SPOTLIGHT
John Marcus was a product manager in media and advertising.
He would drive around New York City every weekend for about a year looking at laundromats and car washes, and finally found one he thought was perfect.
Except, he ended up walking away from the closing table on Christmas Eve (and we’ll get to why…)
But then, he decided to join SMB Deal Hunter Pro, our business buying accelerator where we help you find, finance, and acquire a business in 6-12 months…or work with you for free until you do.
12 months later, he closed on an $8.1M remotely operated B2B e-commerce services company with $2M in SDE.
John Marcus leaned on us to navigate an raise equity from 6 investors, build an offer with 2 seller notes, and secure a $5M SBA loan.
In the first two months post-close, revenue set records for the prior 24 months.
4/ 50-Year NYC Pharmacy
📍 Location: New York City
💰 Asking Price: $1,650,000
💼 EBITDA: $418,077
📊 Revenue: $4,202,215
📅 Established: ~1978
💭 My 2 Cents: A pharmacy with seven active long-term care facility accounts is a fundamentally different business than a retail drugstore. The LTC revenue comes in on a scheduled, recurring basis tied to patient populations in mental health facilities that aren't going anywhere. Nearly five decades in the Bronx, a 52/48 LTC-to-retail script split, active PBM contracts in good standing, and no pending audits tells me this is an operationally clean business that has survived managed care, reimbursement cuts, and COVID. That said, script volume dropped from 79,235 in 2024 to 74,248 in 2025, and that trend needs a clear explanation before diving in deeper. I'd also want to understand what net margin per script looks like after PBM clawbacks (and whether that number has been quietly deteriorating), and how fast the retail side is eroding given GoodRx and Amazon pressure. The pharmacist-owner likely has 50 years of personal relationships with facility administrators and directors of nursing, so even if contracts are formally transferable, I'd want him around for an extended transition to protect the informal trust that keeps those accounts sticky.
5/ Landscaping & Snow Removal Company
📍 Location: Michigan
💰 Asking Price: $1,400,000
💼 EBITDA: $500,000
📊 Revenue: $1,000,000
📅 Established: ~1996
💭 My 2 Cents: Snow removal contracts are the part of a landscaping business that most operators overlook, as they lock clients into year-round relationships and generate predictable winter revenue that pure landscaping companies simply can't match. This 30-year Michigan operation pairs seasonal lawn maintenance with winter plowing and salting contracts, keeping four full crews and a fleet of trucks busy across both seasons. The 50% EBITDA margin on $1M in revenue is exceptional for a labor-intensive trades business, and at 2.8x the asking price is arguably conservative for a three-decade operation running margins like these. I'd want to understand how many accounts are under formal seasonal contracts versus informal recurring relationships, the age and condition of the fleet, and whether the service area has been stable or is still growing. Snow removal clients almost never shop around mid-season because the switching cost is real disruption, and that inertia locks in the spring landscaping renewal almost automatically. A buyer here isn't just acquiring revenue, they're inheriting 30 years of route efficiency that would take years to rebuild from scratch.
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
You don't need half a million dollars to buy your first business.
Mitchell Sorkin proved that with $36,000 and a question nobody expected to work.
He was running a VC-backed company and hated it. Raising money, burning it, scrambling to raise more. He wanted something cashflow positive from day one.
So he and his brother started searching.
Today, Mitchell owns 800+ ATM machines with a team of five. He spends about 10-15% of his time on the business.
And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!
THAT’S A WRAP
See you tomorrow!

-Helen Guo
Find Me On Twitter
Find Me On LinkedIn
P.S. I'd love your feedback. Tap the poll below or reply to this email.
How was today's newsletter? |
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.


