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Hello SMB Deal Hunters!

I’m excited to share 5 new off-market businesses for sale sourced directly by our team in this week’s issue of Off The Grid.

🔎 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.

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 worked with Darick 1:1 to source opportunities (including off-market deals), identify red flags, and structure a winning offer. Next, we're helping him secure financing and navigate due diligence and negotiations.

NEW OFF-MARKET DEALS

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

1/ Semi-Absentee Embroidery, Screen Printing, and Apparel Production Facility

📍 Location: Illinois
💼 EBITDA: $1,500,000
📊 Revenue: $5,000,000
📅 Established: 1997

💭 My 2 Cents: An owner who spends four hours a week on a business with 75 employees and zero advertising is not a business you come across every day. This decorated apparel production facility has been around for nearly 30 years, running custom embroidery, screen printing, and apparel decoration on contracts with a reputation-driven client base. That contract structure gives it a recurring revenue profile most production shops in this space lack, and the fact that it works semi-absentee tells me the management layer underneath is doing serious work. The decorated apparel industry is shifting toward direct-to-film printing and automation, though, so the age and capability of the equipment matters. If the facility has kept pace with newer decoration methods, the production capacity is defensible. I'd also want to dig into contract renewal rates, client concentration, and what the management structure actually looks like beneath the owner. Every sports team, corporate event, school, restaurant, and nonprofit needs decorated apparel, so a business that has turned that demand into long-term contracts for 30 years is worth understanding.

2/ Junk Hauling and Disposal Company

📍 Location: Oregon and Washington
💼 EBITDA: $600,000
📊 Revenue: $1,500,000
📅 Established: 2024

💭 My 2 Cents: Going from zero to six trucks and 12 employees in a single year, all through word of mouth, is the kind of growth that gets your attention in any industry. In junk removal, where the work is recession-resistant, stubbornly local, and needed by everyone from homeowners to general contractors, that trajectory tells me the service quality is doing the selling. The business is adding 20 to 30 new jobs per month on top of existing contracts, the margin runs well above what you'd typically see in hauling and disposal, and the 30-day contract structure gives revenue a recurring feel that’s rare for this space, with the seller projecting $2 million this year. That said, less than two years of operating history means there's limited financials to underwrite, and both the owner and his wife handle operations and customer interactions daily, so a buyer would need to staff around that. I'd want to understand the monthly churn rate on those rolling contracts, whether the $2 million projection is based on signed work or extrapolated from recent trends, and what the fleet maintenance cycle looks like as these trucks take on heavy daily use. If the demand holds up under new ownership, adding trucks is a straightforward growth lever given the sellers have clearly cracked the acquisition playbook.

3/ Commercial and Industrial Roofing Company

📍 Location: Southern California
💼 EBITDA: $1,700,000
📊 Revenue: $22,000,000
📅 Established: 1979

💭 My 2 Cents: Southern California's commercial construction market has no shortage of roofing contractors, but very few have been at it for nearly 50 years with a team of 30 and general contractors actively feeding them work. This company gets up to half its project capacity through GC bid invites with minimal marketing spend, which tells me the reputation in this market runs deep. A partnership and family conflict is what's bringing it to market, which adds complexity but also explains why a business at this scale is available at all. The seller is open to multiple deal structures, including a full sale, partial sale, or partner buyout, so there's real flexibility in how a buyer approaches this. The remaining owner is the only active operating partner and handles all bidding and project management, making the transition plan the central underwriting question. I'd also want to know how diversified the GC base is beyond the top handful, what the average project size and duration looks like, and the bid win rate and backlog. The C-39 roofing license is the other critical question, because California requires a designated qualifying individual, and if the seller is that person, a buyer needs that solved before closing.

MEMBER SPOTLIGHT

How many of you have wanted to buy a business but told yourself you can't do it without leaving your job first?

John is a Navy submarine officer turned management consultant at a Big Four firm. Six years in the Navy, an MBA from George Washington, then straight into consulting. Good income. Strong career. But every year, the golden handcuffs felt a little tighter.

He'd been thinking about buying a business for a while. Every book and forum he tried left him with more questions than answers.

That's when he joined SMB Deal Hunter Pro. Two months in, he went under contract.

The deal: two high-end yoga studios in Northern Virginia, part of a national franchise. The business had been listed at $2.5M for over a year with most buyers walking away. John bought it for $1.38M. Less than half of asking.

Then, three days before close, the franchise dropped a bombshell that nearly killed the deal.

Today, one of his studios has over 600 members and a permanent waitlist. The business makes $299K a year in profit. His district manager handles payroll, ordering, and daily operations. John meets with her once a week for an hour.

He never quit his consulting job. He never took a yoga class before buying.

4/ Residential Construction and Remodeling Company

📍 Location: Southern California
💼 EBITDA: $500,000
📊 Revenue: $2,000,000
📅 Established: 1994

💭 My 2 Cents: There's enough demand in this Southern California mountain community that when this contractor tried to retire earlier this year, the work pulled him back within three months. Over 30 years, the company has become the go-to name in a market where the client base is mostly affluent second-home owners, the contractor pool is thin, and the work is seasonal. The company holds perfect five-star ratings on both Yelp and Google, making it the only five-star contractor in the region, and has never spent a dollar on advertising. I like that online reviews alone generate roughly a call per day. That said, the owner handles customer relations, scheduling, and subcontractor coordination personally with a fluctuating crew of 3 to 8. That’s why the transition plan matters as much as the financials. The seasonal revenue split, sub network commitment, and project backlog depth would all be near the top of my diligence list as well. In a market this small, a buyer who retains the owner through at least one full seasonal cycle would have the best shot at inheriting the trust this business runs on.

5/ Home Improvement Company

📍 Location: Missouri
💼 EBITDA: $500,000
📊 Revenue: $5,000,000
📅 Established: 2016

💭 My 2 Cents: Most home improvement operators are still running on referrals and word of mouth. This one has spent a decade building a paid digital acquisition engine on Google and Facebook that is measurable, repeatable, and something a new owner can optimize from day one. The owner purchased this business from a corporation a decade ago, brings 40 years of industry experience, and has built an operation with 13 employees and 15 subcontractors that moves serious volume. Home improvement is one of the most fragmented categories in residential services, so having that labor network and lead flow already built is genuinely hard to replicate from scratch. The margin is thinner than you'd expect at this scale, though, which tells me either the job mix, the pricing, or the ad spend needs attention. With the owner handling operations and field work, a buyer would need to step in or hire around that. I’d want to understand cost per lead and close rate, gross margin by job type, and what the repeat rate looks like among past customers. There is likely a decade of past customers sitting in that database who have never been asked to refer or return, and converting even a fraction of them would reduce ad spend and improve the margin without adding complexity.

COMMUNITY PERKS

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RECENT PODCAST EPISODE

Brian Hartman spent 14 years growing other peoples' tree companies. Six years at a small Atlanta operation he helped scale from $1M to $6M. Then Brightview, where he started a tree division and managed P&Ls up to $25M.

In 2022, he bought his own business. Northside Tree Professionals. 10% down, 10% seller carry on an SBA loan. His bankers told him he was overpaying.

Year one, revenue jumped from $2.6M to $5.1M. But unpaid invoices ballooned from $50K to $550K. His P&L said he was winning. His bank account said otherwise.

By 2024, he'd built a team strong enough to run Atlanta without him. He left for two months. They did better.

A friend with a roll-up fund came to him with a deal no other investor had offered. They closed on a Dallas tree service the same day.

Today, Arbor Alliance is a multi-brand tree care platform across Atlanta, Dallas, and Jacksonville. The profit target is $8.5M a year. They're on track to hit it before the next acquisition closes.

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.

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