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  • New Deals: An accounting firm, B2B LED lighting eCommerce business, and 3 other finds

New Deals: An accounting firm, B2B LED lighting eCommerce business, and 3 other finds

Plus, how Craig went under LOI in 4 months

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:

👀 This is what's possible when you have the right team behind you.

Our team sourced on and off market deals for Craig. Our advisors worked with him 1:1 to spot red flags early, structure the terms of his LOI, and plan for employee retention. Now, we're helping him secure financing and diligence the financials.

NEW DEALS

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

1/ Accounting Firm

📍 Location: North Carolina (Remote)
💰 Asking Price: $1,350,000
💼 EBITDA: $400,000
📊 Revenue: $950,000
📅 Established: 1990

💭 My 2 Cents: Most accounting practices that come to market are tax-heavy, which means seasonal revenue crammed into Q1 and increasing commoditization from software like TurboTax. This one is different. The firm is built around ongoing bookkeeping, payroll, and industry-specific software support, all delivered remotely through cloud-based systems to a national client base. That means revenue comes in monthly rather than in a single seasonal spike, which makes cash flow predictable and the business easier to manage year-round. The owner works roughly 20 hours per week, and the operation leans on a contractor-based delivery model, which keeps overhead low and margins strong at 42%. The software support angle adds real stickiness: if you're the person a client calls when their industry-specific platform breaks or needs configuring, you're embedded in their operations in a way that makes switching costly. Revenue has been steady between $900K and $1.1M over the past four years, which backs that up. I'd want to dig into client retention rates, the average tenure of contractor relationships, and whether the software support side creates any vendor dependency risk. For a CPA looking to acquire rather than build, this is a rare find because the recurring monthly model is far more valuable than the typical tax-season-dependent practice.

2/ B2B LED Lighting Ecommerce Business

📍 Location: Washington State
💰 Asking Price: $3,750,000
💼 EBITDA: $1,038,370
📊 Revenue: $2,367,211
📅 Established: 2009

💭 My 2 Cents: This is the kind of eCommerce business that Amazon sellers have a hard time replicating because the sale isn't really about the product, it's about the expertise. Over 17 years, this company has built a defensible position at the intersection of LED lighting, smart controls, and custom lighting design, serving both DIY customers and professional installers. The combination of pre-configured kits, deep technical support, and a catalog that spans premium high-margin products creates a one-stop-shop dynamic that generic lighting resellers can't match. Margins at 44% are outstanding for eCommerce and reflect the consultative nature of the sale, where customers are paying for accuracy and guidance, not just a commodity SKU. I'd want to understand how reliant the business is on any single traffic source (organic SEO versus paid), what the repeat purchase rate looks like among contractor accounts, and how the product mix has shifted as LED technology has matured. For a buyer who understands B2B ecommerce, the playbook to grow this is clear: deepen the contractor channel, expand the smart home integration catalog, and build out the commercial specification side of the business.

3/ Premanufactured Steel Structure Installation Business

📍 Location: Nebraska
💰 Asking Price: $3,950,000
💼 EBITDA: $1,017,387
📊 Revenue: $5,525,295
📅 Established: c

💭 My 2 Cents: 66 years in business tells you everything about the durability of this operation. This Nebraska-based company installs premanufactured steel structures, from grain silos and pole barns to airplane hangars, serving a diverse client mix that includes farmers, ranchers, schools, government agencies, and even the FAA. The business is passively owned with a strong General Manager running day-to-day operations, and it carries a recommendation from world-renowned vendor Behlen Manufacturing, which is a meaningful stamp of credibility in this space. Average project sizes range from $40K to $500K, and most wrap up in under two weeks, which keeps cash flow cycling quickly. I'd want to understand how dependent the pipeline is on agricultural commodity cycles, what the backlog looks like heading into peak building season, and how the GM and field crews are compensated and retained. The real edge here is that assembling large steel structures requires specialized crews and equipment that new competitors can't easily replicate.

CASE STUDY

Imagine leaving a prestigious 18 year career at Google to buy a janitorial company.

Sounds crazy, right? Meshal did exactly that.

On top of that, he started his business search after quitting his stable job and with no income coming in.

After joining SMB Deal Hunter Pro, he ended up buying not one, but two different businesses completely off-market.

How?

That’s what we break down in this week’s case study. We’ll reveal…

How he went from zero business experience to reviewing over 480+ deals and submitting dozens of offers in a matter of months.

How we helped Meshal find both businesses he bought completely off-market.

How we helped him structure both offers, so he could retain the sellers as partners and help keep their skin in the game as he grew both businesses.

Learn exactly how Meshal did it by watching the case study 👇

4/ Liquor Store with Drive-Thru

📍 Location: Arizona
💰 Asking Price: $2,100,000
💼 EBITDA: $496,680
📊 Revenue: $1,920,000
📅 Established: 1996

💭 My 2 Cents: People don't stop drinking when the economy dips, they just trade down from bars and restaurants to buying at the store, which actually helps off-premise retailers like this one. The drive-thru component is a real differentiator; it creates a convenience moat that most competitors in the area simply don't have, and it drives habitual, repeat purchases from daily commuters. The business runs absentee with an experienced manager in place, the rent is low, and there's limited direct competition in the surrounding trade area, all of which contribute to that 26% margin on nearly $2M in revenue. I'd want to understand the lease terms and renewal options, what the drive-thru versus walk-in revenue split looks like, and whether there's room to add delivery or expand into adjacent categories like smoke shop or prepared foods. Ultimately, the Liquor License #09 alone is a scarce asset in Arizona that acts as a real barrier to entry for anyone thinking about competing nearby.

5/ Niche Architecture Firm

📍 Location: Southern California
💰 Asking Price: $1,600,000
💼 EBITDA: $480,835
📊 Revenue: $2,521,931
📅 Established: 1996

💭 My 2 Cents: Architecture firms are notoriously hard to sell because the work often walks out the door with the principal, but this one has been structured to avoid that problem. Over 30 years in Southern California, the firm has specialized in two distinct niches: church projects and high-end research and development laboratories for medical equipment companies. That specialization is key because it creates deep domain expertise and referral networks that a generalist firm can't easily replicate. The team of 10 includes a senior architect, junior architects, project managers, and admin staff, and the seller does little to no billable client work, focusing instead on general oversight and financials. With $2.7 million in work-in-progress and four consecutive years of revenue growth, the pipeline looks healthy. I'd want to understand how the firm wins new church and lab projects, whether there's concentration risk among a few large clients, and how dependent the lab work is on specific regulatory or compliance expertise. The seller offering to stay 1 to 2 years post-close and carry 10 to 15% of the purchase price shows real confidence in the transition, and at 3.3x the pricing feels right for a professional services firm with this kind of backlog.

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

Rushi missed three big red flags on his first deal.

He overpaid on the franchise.

He didn’t realize 25% of the franchise’s global locations were packed into his backyard.

And the business had to close for four months a year, which sounds great until your GM quits because they can’t afford to go all winter without a paycheck.

That was just deal #1. He was crazy enough to go bacr round 2…

In this episode, Rushi shares:

🔥 How his second deal ended up being a one-man business with 90% margins (and how he grew it 20% in the first year)

🔥 How he brought his first acquisition to break even (after a disastrous start)

🔥 Why he’s going all in on business acquisition (and his third acquisition target)

And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!

THAT’S A WRAP

See you tomorrow!

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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.