New Off-Market Businesses For Sale

Cruise charter business, granite and marble fabrication business, and more

Today’s Sponsor

Hello SMB Deal Hunters!

I’m excited to share 3 new off-market businesses for sale in this week’s issue of Off The Grid.

As a reminder, these are exclusive deals sourced directly by our team, not represented by brokers and not available anywhere else.

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

This issue is proudly sponsored by SMB Deal Exchange, our new platform for connecting buyers and sellers of off-market businesses.

NEW OFF-MARKET DEALS

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

1/ Cruise Charter Business

📍 Location: South Florida
💼 EBITDA: $4,500,000
📊 Revenue: $20,000,000
📅 Established: 2014

💭 My 2 Cents: Cruise charters are a fragmented space full of owner-operators, which makes a $20M business with professional management and real infrastructure the exception, not the rule. Based in one of the busiest cruise and yachting hubs in the world, the company has built a sizable business acquiring customers through social media and agent partnerships, which is a smart dual-channel approach that balances direct bookings with the reach of the travel agent network. The business is fully absentee-run with a CEO in place and a team of 6 W-2 employees, and the selling owner holds just 30% equity and serves only as an occasional advisor, which tells me the leadership transition has already happened. Plus, the 22.5% EBITDA margin on $20M is healthy for a charter operation that likely carries meaningful costs in vessel maintenance, crew, fuel, and port fees. I'd want to understand who owns the vessels (the company or third parties), what the fleet maintenance and replacement capex looks like, and how exposed the business is to seasonality or weather disruptions in the South Florida market. The partial equity sale structure is worth noting: a buyer could acquire 30% (or even 15%) as a way to get into a proven operation without taking on full transition risk, which is a rare entry point into a business of this size.

2/ Granite and Marble Fabrication Business

📍 Location: North Carolina
💼 EBITDA: $1,080,000
📊 Revenue: $5,500,000
📅 Established: 1992

💭 My 2 Cents: Stone fabrication is closely tied to housing and construction cycles, but a shop that's survived 30-plus years has proven it can hold up through the downturns, not just the booms. This business runs with about 30 employees and limited owner involvement, with both partners looking to semi-retire, which points to a mature operation where institutional knowledge lives in the team rather than the founders. What's notable is the scale: $5.5M in revenue with a 20% EBITDA margin is solid for a fabrication shop, and including the real estate in the deal provides long-term cost stability and eliminates landlord risk. I'd want to understand the revenue mix between builder/developer accounts and retail homeowner projects, how much is tied to new construction versus renovations, how much of the work is quartz versus natural stone given the shift in consumer preferences towards engineered surfaces, and what the equipment condition and capex cycle looks like. For a buyer who can maintain the existing team, owning both the business and the facility in a growing Southeast market creates a defensible position that new entrants would need years and millions in capital to replicate.

MEMBER SPOTLIGHT

Paul spent the last 22 years working in corporate, with 10 years in the C-Suite under his belt. He’d already helped one company exit and was working on helping another do the same.

After a former colleague in PE suggested he buy a business, Paul spent 4 months searching on his own.

He did the usual. Endlessly scrolling BizBuySell. Sending cold emails to brokers with no reply. Spending hours reviewing CIMs he couldn't properly evaluate.

He wasn't getting anywhere.

So he joined SMB Deal Hunter Pro and committed to doing this with a team behind him.

Over the next year, he went on to buy a $1.8M window installation business in Chicago with $583K in SDE and a backlog booked 3 months out at close.

In this full interview, Paul walks through everything. Why the diligence process nearly broke him. How the deal structure came together. And what the first 90 days of ownership actually look like when you're learning an industry you've never worked in before.

3/ Event Planning and Management Business

📍 Location: South Florida
💼 EBITDA: $700,000
📊 Revenue: $7,500,000
📅 Established: 2009

💭 My 2 Cents: Pushing $7.5M in revenue with a team of just 4 people tells me this event operation has figured out how to do a lot with very little. The company has spent over 15 years building its business in one of the country's most active markets for corporate gatherings, conventions, and social events, and the owner is down to just 10 hours a week focused mainly on landing new contracts. The lean team of 3 W-2s and 1 contractor handling execution at that volume tells me the operational workflows are well systematized, and the business does have contracts in place, which provides better revenue visibility than a typical event shop running deal to deal. Growth has been driven by Google Ads and direct mail at a modest $60-65K annual spend, which points to untapped upside through digital marketing, referral programs, or partnerships with local venues and corporate clients. I'd want to understand what percentage of revenue comes from recurring retainer clients versus one-off events, how seasonal the revenue is throughout the year, and what the typical contract length and renewal rate looks like. Ultimately, South Florida's year-round event season and growing population of corporate relocations give this business a geographic tailwind that most event planners in seasonal markets simply don't have.

COMMUNITY PERKS

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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

Ujwal Velgapudi has acquired 10 businesses across 6 different industries.

But his path to getting there is one of the most unconventional we've heard on the podcast.

He started buying and flipping random stuff on Craigslist in high school.

By 22, he'd stumbled from commercial real estate listings into the "businesses for sale" section and thought: "Wait, I can buy a business?"

He had no M&A background. No network. No industry experience. He just kept buying things.

In this episode, he shares some of his sharpest lessons, including:

  • Why being "too smart" actually stops people from buying businesses (and why his ignorance was his biggest advantage)

  • The operational playbook he uses to turn messy, paper-based businesses into real companies.

  • How his financing strategy has evolved from credit cards all the way to SBA loans, seller notes, equipment financing, and sale-leasebacks

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.