• SMB Deal Hunter
  • Posts
  • New Deals: A special needs transportation company, exotic animal vet clinic, and 3 other finds...

New Deals: A special needs transportation company, exotic animal vet clinic, and 3 other finds...

Plus, how Darrell went under LOI on a digital marketing company with 10% down

Today's Sponsor

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…

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 M&A advisors worked with them 1:1 to structure winning offers, catch red flags, and secure financing.

Tomorrow is Tax Day. 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/ Special Needs Student Transportation Company

📍 Location: Massachusetts
💰 Asking Price: $5,200,000
💼 EBITDA: $1,228,646
📊 Revenue: $3,247,737
📅 Established: ~2018

💭 My 2 Cents: Schools don't gamble on who's transporting their most vulnerable students. Once a provider earns the trust to move kids with autism, physical disabilities, and other special needs safely and on time, that relationship locks in. This company operates 29 vehicles with a full leadership layer already running the show: GM, ops manager, and lead drivers, while the owner logs about 10 hours a week from out of state. The fleet comes equipped with GPS and real-time tracking, and the company holds all the licensing and insurance that takes new entrants years to secure. Plus, the W-2 workforce of 30-plus employees is trained, retained, and willing to stay post-close. The big thing to dig into: the seller notes there are no long-term contracts with school districts, just consistent route requests based on trust. I'd want to understand how concentrated revenue is across districts (if one or two make up the bulk, that's a real risk), what annual insurance and liability costs look like for a fleet transporting special-needs minors, how driver retention works given the specialized training required, and what happens to volume during summer months. The real barrier to entry here is trust, and that's not something a competitor can build overnight.

2/ Multi-Trade HVAC, Plumbing, and Electrical Contractor

📍 Location: Maryland
💰 Asking Price: $2,300,000
💼 EBITDA: $548,269
📊 Revenue: $2,044,917
📅 Established: ~1998

💭 My 2 Cents: When a commercial property manager can call one company for HVAC, plumbing, and electrical, they stop shopping around. That's the advantage this 28-year-old operation has locked in: three trades under one roof, with 80% commercial clients who value the convenience of a single vendor relationship. The revenue split (75% HVAC, 15% plumbing, 10% electrical) gives a buyer three distinct service lines with cross-sell built in, and the 64 maintenance agreements create a baseline of recurring work that shows up every month. A trained staff of 30 covers Baltimore, Northern Virginia, and Delaware, so the geographic footprint is already wide. I'd want to understand the average tenure and renewal rate on those 64 agreements, whether the trade licenses in all three disciplines are tied to specific employees (especially across three states with different licensing rules), and how much of the commercial client base is tied to the owner's personal relationships versus the company name. For a buyer already operating in one of these trades, this is the fastest path to becoming a multi-service platform without building from scratch.

3/ Commercial Foodservice Equipment and Supplies Distributor

📍 Location: Texas
💰 Asking Price: $1,550,000
💼 EBITDA: $422,443
📊 Revenue: $3,852,375
📅 Established: 1984

💭 My 2 Cents: In foodservice, the equipment supplier you trust is the one you stop shopping for. Forty years selling equipment and supplies to restaurants in the Dallas-Fort Worth market means this company has outlasted thousands of the clients it serves. Restaurants open and close constantly, so the fact that revenue has held steady across the last three years tells me the reorder relationships run deep and new accounts are replacing whatever turnover takes away. A dedicated outside sales team handles the account management, while the seller currently runs day-to-day operations as GM with an eight-person staff. That means the client relationships live with the sales reps, not the owner, but I'd want to verify that's actually the case. Beyond that, I'd dig into the split between recurring supply reorders and one-time equipment purchases, and look at annual customer churn to see how much new business the team needs to bring in just to stay flat. In this industry, purchasing managers stick with the people they've worked with for years, not the lowest number on a quote.

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/ Small Animal and Avian Veterinary Clinic

📍 Location: Florida
💰 Asking Price: $1,650,000
💼 EBITDA: $428,096
📊 Revenue: $1,461,612
📅 Established: N/A

💭 My 2 Cents: Most veterinary practices in this market refer out exotic cases or don't take them at all. This clinic treats birds, chinchillas, ferrets, and sugar gliders alongside a full traditional menu that includes surgery, orthopedics, laser therapy, rehab, and dentistry, all in-house. That combination of genuine exotic animal specialization and full-service capability is the moat. Pet owners with unusual animals have almost no alternatives, which drives loyalty and removes price sensitivity. On the traditional side, keeping everything under one roof means the clinic captures the full economic lifecycle of every patient rather than leaking revenue to referral partners. A 20-person staff runs the operation, and the location next to one of Florida's largest retirement communities puts it in front of the highest-spending, most loyal pet-owner demographic in the country. The biggest risk is that the seller is the veterinarian. I'd want to know if there are associate vets already on staff or if the buyer needs to recruit immediately, what the active patient count and annual spend per patient look like, and how many of the active patients are exotic vs. traditional. Vet recruitment is notoriously difficult right now, and finding someone with exotic animal training narrows the pool even further. That’s why a buyer without a clinical background should expect to partner with or retain a veterinarian as part of the deal structure, not hire one after closing.

5/ Custom Metal Fabrication and Welding Shop

📍 Location: Florida
💰 Asking Price: $4,000,000
💼 EBITDA: $958,417
📊 Revenue: $5,111,197
📅 Established: ~1994

💭 My 2 Cents: In construction, a late steel delivery can hold up an entire project. That's why general contractors don't switch fabricators on a whim, and why this shop has clients dating back to its founding over 30 years ago. The business handles miscellaneous metals and light structural steel from fabrication through professional installation, and every dollar of revenue has come through word-of-mouth and repeat relationships with zero formal advertising. No marketing spend, no sales team, just a 37-person crew that delivers on time and on spec. That's rare, and it also means there's an obvious growth lever no one has pulled yet: a buyer who introduces even a basic outbound sales effort is working with a brand that contractors already trust but the broader market has never heard of. I'd want to understand the current project backlog and average lead time, whether the shop holds AWS or AISC certifications required to bid on certain commercial and structural jobs, how the crew breaks down between certified welders and helpers, and how dependent the key client relationships are on specific foremen or project leads versus the company name. The growth story here is simple: same shop, same quality, wider audience.

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!

P.S. I'd love your feedback. Tap the poll below or reply to this email.

How was today's newsletter?

Login or Subscribe to participate in polls.

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.