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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...

👇 In Today’s Issue:

🔎 Looking for deals in your area? We can source them for you.

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:

👀 Pro members have now closed over $162M in deals in 2026.

In October alone, 12 deals closed and another 16 members went under LOI.

We helped them source these deals (including off-market deals you won’t find on BizBuySell) and worked with them 1:1 to structure winning offers, catch red flags, and secure financing, handholding them all the way to close and through the transition.

Want to be next?

NEW DEALS

These deals span the country. For custom-sourced deals in your area, click here.

1/ Student Loan Paperwork and Support Company

📍 Location: California
💰 Asking Price: $2,000,000
💼 EBITDA: $645,000
📊 Revenue: $2,815,000
📅 Established: 2020

💭 My 2 Cents: Few businesses have a customer base as big as student loan paperwork: more than 40 million Americans owe federal student loans, and the repayment rules change often enough that plenty of them would rather pay someone to handle the forms. This year added more: a court struck down the most popular income-based plan, a new one opened in July, and about 8.8 million borrowers were in default or close to it. Since 2020, this business has prepared and submitted the forms for repayment, consolidation and forgiveness programs for borrowers nationwide, all by phone and online. About $90,000 a month comes from clients on ongoing monthly support agreements, plus enrollment fees from new clients, and revenue roughly doubled from 2023 to 2025. Department managers run sales, processing and client relations, and the owners spend less than two hours a week on the business. That said, I’d want to see what the monthly support covers, because the Education Department now updates a borrower’s income every year for free if they agree to share their tax data, and that update is a big part of what borrowers used to pay for. Then how many clients got a lower payment or forgiveness, and how many cancel or dispute a charge each month, since clients who saw results stay, and too many disputes can get a company like this dropped by the processor that runs its card payments. Looking ahead, the obvious growth opportunity is the more than 13,000 borrowers already enrolled, since anyone still on one of the two older plans closing in July 2028 has to switch by then.

2/ Towing, Recovery and Impound Company

📍 Location: North Carolina
💰 Asking Price: $2,300,000
💼 EBITDA: $600,000
📊 Revenue: $1,400,000
📅 Established: N/A

💭 My 2 Cents: Towing comes in two kinds: consent tows, where a driver or business calls for one, and nonconsent tows, where police or a property owner orders a car moved. This company does both, with commercial transport and fleet towing for long-standing business accounts on one side and police rotation calls and private property impounds on the other. The consent side has a tailwind, since the average car on U.S. roads is a record 12.8 years old and older cars break down more often. The rotation side brings in work without any marketing: when police clear a wreck and the driver has no tow company in mind, dispatch calls the next company on its list. The good news is that experienced drivers and dispatchers handle the calls, and the owner is on site about 15 hours a week. On top of that, the late-model flatbeds, wreckers and recovery trucks come free and clear of debt. Before anything else, I’d look at the revenue split between business accounts, rotation calls and impounds, since police departments usually cap what a rotation tow can cost while commercial rates are whatever the customer agrees to, so the split shows how much of the revenue a buyer can reprice. Then who covers rotation calls overnight and on weekends. What a buyer really inherits is a hard-won spot on the rotation list: one North Carolina police department requires a lit, fenced storage lot near its city limits, a response inside 30 minutes, and at least 75% of its rotation calls answered each month, and because the lease on this yard can be assigned, that spot stays with the company after the owner moves out of state.

3/ Beauty Products Manufacturer and Distributor with Real Estate

📍 Location: California
💰 Asking Price: $2,300,000
💼 EBITDA: $537,614
📊 Revenue: $1,446,687
📅 Established: 1999

💭 My 2 Cents: American beauty products sell well beyond the U.S.: exports of cosmetics and personal care products reached $15.8 billion in 2025, up about 29% from a decade earlier, and the industry credits that to new formulas, backed by more than $1.3 billion a year in research. This company makes and distributes beauty products, selling mostly wholesale to customers around the world, with retail sales on top. An experienced team handles production, sales, marketing and the warehouse, which matters since the seller is retiring, and the sale includes about $300,000 of inventory. First stop is where the wholesale customers are, especially how much goes to Canada, the largest market for American beauty exports, which put 50% tariffs on U.S. cosmetics in September. Then the formulas: whether the company owns them, who on the team develops new ones, and how many products launched in the last few years, since new formulas are what keep overseas buyers ordering. Then how much of that inventory is finished product versus raw ingredients, and how close it is to expiring, since beauty products have a shelf life. There’s a financing advantage here too: the price includes the 11,241-square-foot building on 0.59 acres, and under SBA rules that took effect in October, a loan covering both the business and the building gets a term blended between 25 years for the real estate and 10 for the business, so the building stretches out the payments on the whole loan.

MEMBER SPOTLIGHT

After 13 years at Apple, Ben had an incredible career on paper, but the growth had stalled.

Most people would give anything for a job at Apple. But for Ben, it had started to feel like running in place, and he knew he needed a change.

He was done going through the motions, clocking into the same office every single day. He wanted "the freedom of… being an entrepreneur."

Then, about 18 months after joining SMB Deal Hunter Pro, he bought a 24-year-old tech repair business in Silicon Valley doing about $455K a year in cash flow.

It also came with a VP of Operations and 3 to 4 technicians in each of his 3 stores. It was the same world he’d spent his career in, from Apple and Best Buy to building computers as a kid.

So he could skip the learning curve and make an impact right away.

About 45 days after closing, he sat down with me to break down:

  • How his below-asking offer got turned down, then the seller came back months later

  • Why his seller note shrinks with every prepaid job

  • Why he's in the stores 6 days a week, when the last owner ran it from LA

  • Why a client's CEO wanted to renegotiate their IT contract mid-sale, and how Ben handled it before he even owned the business

4/ Industrial Battery Service and Rental Company

📍 Location: Utah
💰 Asking Price: $6,000,000
💼 EBITDA: $1,015,924
📊 Revenue: $3,746,723
📅 Established: 2003

💭 My 2 Cents: A lead-acid forklift battery needs water every 5 to 10 charges and lasts about 1,500 cycles (roughly five years) when it gets that care, so a warehouse running electric forklifts either keeps someone on that schedule or replaces batteries sooner. This company does that work across the Intermountain West for warehouses, cold storage, manufacturers, and mines. It also sells, rents, refurbishes, and recycles batteries and chargers, and it isn’t tied to any one battery maker. The owner is retiring, and an experienced management team and skilled technicians are expected to stay after a sale, with owner financing available, which helps on a deal this heavy in equipment and inventory. I’d start with how much of the $2.7 million of equipment in the sale is rental batteries and chargers and how often that fleet is out on rent, to see how much of it is earning today. Next is how much of the $2.2 million of inventory sold through last year, since stock equal to nearly 60% of a year’s revenue only earns if it moves. And what share of maintenance customers still run lead-acid, since lithium-ion batteries need no watering and worldwide demand for lithium-ion forklifts grew more than 10% in 2024 while lead-acid fell about 7%. There’s an offset built in, though: recycling is already part of this business, and about 99% of lead batteries in the U.S. get recycled, so when a customer switches to lithium, the company still makes money recycling the old batteries coming out.

5/ Liquor Store with Real Estate

📍 Location: Illinois
💰 Asking Price: $2,200,000
💼 EBITDA: $680,000
📊 Revenue: $2,800,000
📅 Established: 1 year ago

💭 My 2 Cents: Liquor stores hold up when the economy doesn’t: sales at U.S. beer, wine and liquor stores rose every year through the 2008 recession. In Illinois they also come with a cap on competition, since each city and village decides how many liquor licenses it will issue, and once a town has handed out every license it allows, a new competitor usually has to wait for one to become available. No more licenses are available in this store’s area. The store opened about a year ago in a 5,000-square-foot standalone building with plenty of parking in a busy commercial and residential area, everything inside is new after a recent remodel, and the building comes with the sale. Even though it’s this new, hitting these numbers in its first year is an impressive start. Monthly sales since opening come first, since that curve is the only track record a store this new has, and one still climbing says more of the growth is ahead. Then sales by type, since what people buy is shifting: wine sales fell about 5% in 2025 while canned cocktails made with spirits grew 16%, so the mix shows whether this store’s shelves lean toward what’s growing. Important note: the $600,000 of inventory in the store is not included in the asking price, so the check a buyer actually writes is closer to $2.8 million.

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.

THE BREAKDOWN

Along the way, I've watched the same mistakes trip up buyers again and again (myself included).

So in this week's video, I break down the 6 lessons I'd want every first-time buyer to know:

  • The 3 questions I ask every advisor before I close (and why a bank approval isn't enough)

  • Why a bad year the seller can live with could leave you $100K short (and how I plan for it before I buy)

  • How to figure out what a business can actually pay you after the loan and taxes

  • How to ask a seller the hard questions without blowing up the deal

  • And 2 more, including who the broker really works for (and how to get the info you need anyway)

THAT’S A WRAP

See you tomorrow!

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

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.

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