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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:

👀 Quick update: Pro members closed $45M in deals in Q3 and went under LOI on another $116M.

None of them decided last week. They made the call months ago, sitting right where you are now. On average, our members go from joining to closing in about 8 months, versus 23 for buyers going at it alone.

So if you start now, you could be making offers before the holidays and be the name in this email by next summer.

👉 Book a free 1-on-1 strategy call and we'll build your search together: what you can realistically afford, the deals that fit, and your financing options.

NEW DEALS

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

1/ Tutoring Centers

📍 Location: Louisiana
💰 Asking Price: $5,490,000
💼 EBITDA: $1,032,864
📊 Revenue: $4,823,131
📅 Established: 2001

💭 My 2 Cents: Louisiana gives the family of a public school student who tests below proficient in reading or math a $1,500 voucher each year for after-school tutoring, which at the $60 hourly rate the state set in 2024 for one-on-one sessions covers about 25 of them with an approved provider. This company has run since 2001 and operates six centers under a national tutoring brand, paid two ways: school systems contract it for tutoring through federally funded programs, and families enroll directly, some of them with state vouchers. The owner provides strategic oversight while a management team runs daily operations, program coordination, and reporting. That said, the revenue split by payer over the last three school years matters most here, since the federal pandemic relief money many districts used for tutoring has largely run out, and the split shows whether these contracts held up. Next I'd want to know how many voucher families keep coming once the roughly 25 sessions run out, since each one who stays is a family the voucher introduced that now pays on its own. What's interesting is that about 369,000 Louisiana students qualify for that voucher, and in the program's first year the state spent only $2.4 million of the $40 million it set aside, which leaves a buyer with six centers already taking vouchers in a program that has far more eligible students than it has signed up.

2/ Pediatric Therapy Clinics (ABA, Speech, Occupational and Physical Therapy)

📍 Location: Northern California
💰 Asking Price: $5,750,000
💼 EBITDA: $600,000
📊 Revenue: $4,000,000
📅 Established: 2020

💭 My 2 Cents: A child in a full autism therapy program (called ABA, for applied behavior analysis) typically gets 30 to 40 hours of one-on-one sessions a week, so a single enrolled child can fill most of one therapist's week. Diagnoses keep rising too: autism was identified in 1 in 31 American eight-year-olds in 2022, up from 1 in 36 two years earlier. This company has run since 2020 and offers ABA alongside speech, occupational, and physical therapy from two clinics in Northern California, plus sessions in homes, schools, and the community. It runs on an experienced clinical and administrative team without the owner carrying a caseload, and families are already on a waitlist. I'd start with therapist turnover, since the median technician in this field (the staff who work one-on-one with the children) stays about a year, and the waitlist turns into revenue only as fast as new hires stick. I'd also want to know how much of the revenue comes from families paying directly versus insurers and California's Medicaid program, because several state Medicaid programs have started cutting rates and capping weekly hours. While the asking price looks high, the buyer who gets the most out of it is an existing therapy or behavioral health group adding a region or a service line, since it can staff these two clinics from a recruiting system it already runs.

3/ Hair Salon Suites

📍 Location: Texas
💰 Asking Price: $6,300,000
💼 EBITDA: $1,238,912
📊 Revenue: $3,297,233
📅 Established: 2013

💭 My 2 Cents: A hairstylist on commission usually keeps about 40% to 60% of each ticket and the salon keeps the rest, while one renting a private suite pays a flat weekly rent and keeps everything above it. In fact, more American stylists now work for themselves than for salons and other personal care businesses, a flip that happened between 2022 and 2025. This company has run since 2013 and leases private suites to hairdressers, estheticians, barbers, nail techs, and massage therapists, adding a location every 1 to 2 years until it reached five. Each location has roughly 40 suites or more at about 95% occupancy. The owner works roughly 15 to 20 hours a week managing one location, while a manager runs the other four. I'd want the remaining term and renewal options on each building's lease, plus how much each landlord can raise the rent, since raising tenant rents only helps if it outpaces what the landlords add. How long the average tenant has stayed is the number I'd chase next, because a building can be 95% full with the same tenants for years or by refilling a few suites every month, and long-staying tenants are the more dependable rent. The good news is that the rent comes from roughly 190 occupied suites, so losing any one tenant costs a buyer about half a percent of revenue.

MEMBER SPOTLIGHT

Michael was the in-house accountant at an IT managed services company that grew 5x in 3 years.

Watching that showed him how much wealth you can create by buying a small business and growing it a little.

He spent the next few jobs hoping his bosses would buy one. That never happened.

Then he lost his job, and gave himself a 12-month clock to buy one himself.

About 2 months into SMB Deal Hunter Pro, we brought him an off-market marketing agency servicing law firms, a space he'd never worked in.

Today, he runs the business alongside his general manager.

Revenue is down about 15% after 2 big clients left, and operating profit is still up about 35% to 40% since January.

So what changed?

A big part of that jump came from efficiencies he’s created using AI in the business.

And while plenty of people THINK they can increase their margins using AI, Michael shows us how he did it.

4/ Feed and Farm Supply Store

📍 Location: Florida
💰 Asking Price: $5,000,000
💼 EBITDA: $914,271
📊 Revenue: $6,712,752
📅 Established: 1966

💭 My 2 Cents: Bahiagrass, Florida's most common pasture grass, runs about 8% protein, under the roughly 10% a nursing cow needs at peak. Ranches close that gap with supplements they buy, and right now they can afford to: the national herd is the smallest since 1951 and cow-calf ranchers are making record returns. Running since 1966, it sells feed, fencing, animal health supplies and lawn and garden to Central Florida ranchers. The only other farm stores in town are a national chain and one independent, and neither carries bulk or custom cattle rations, feed that readies weaned calves for western feedlots, or pole barns, post-frame metal buildings ranchers put up for hay and equipment. One principal runs it day to day with an absentee co-owner, and the asking price includes $1.5 million of inventory. Revenue grew 23% last year, so the first thing I'd dig into is how much came from pole barns, since a barn sells once while a herd needs feeding every winter. Then who formulates the custom rations, since a principal doing it from experience is a skill a buyer must replace, while a mill's nutritionist comes with the supplier. And how much of the sales sit on charge accounts ranchers settle after their calves sell, cash a buyer has tied up in somebody else's season. On the growth side, the obvious opportunity is custom molasses blends, a liquid cattle supplement, and the first customers already buy bulk feed here.

5/ Energy Code Testing Company

📍 Location: California
💰 Asking Price: $1,250,000
💼 EBITDA: $433,207
📊 Revenue: $2,516,556
📅 Established: n/a

💭 My 2 Cents: In California, swapping out most home air conditioners requires a permit, and the permit can't close until a certified tester has checked the ducts, refrigerant, and airflow, and logged the results in a state-approved registry. The list of required tests keeps growing, too: the 2025 Energy Code that took effect in January added new testing and verification rules for commercial and apartment buildings. This company has run for more than 10 years and helps builders, contractors, HVAC companies, developers, and municipalities meet California's energy codes. An experienced management team and trained staff do the work today, which keeps a handover from resting on the owner. I'd want the split between new-construction work and replacement jobs before anything else, since builders and developers order testing only as fast as new projects get built, while an air conditioner gets replaced whether or not anyone is building. Next is how many certified testers are on staff and how long they've stayed, because each one needs a certification from a state-approved provider, and that headcount sets how much work the company can take on. Worth noting: state rules require the tester to be independent of the builder and the installer, so the HVAC companies on its client list can't bring this work in-house, and a buyer owns a step its own customers aren't allowed to do themselves.

COMMUNITY PERKS

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CASE STUDY

Reagan was making $300K a year in corporate tech sales by 27, but he wanted to own something that kept paying him after he stopped selling.

So he joined SMB Deal Hunter Pro and went through 110 businesses before making a single offer.

That offer was for a 36-year-old Dallas plumbing company that had never spent a single dollar on marketing.

And even though he's not a plumber, we helped him structure the deal so the company could keep running legally from day one.

A year after buying it, he's grown from 2 crews to 5, with the business on pace to go from $1.5M to $2.15M in revenue.

So how does a tech salesman go from joining Pro to a signed offer in just 41 days?

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.