New Off-Market Businesses For Sale

Pest control business, refurbished lab equipment 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/ Pest Control Business

📍 Location: South Carolina
💼 EBITDA: $500,000
📊 Revenue: $1,000,000
📅 Established: 2015

💭 My 2 Cents: Bugs don't care about the economy, which is why pest control businesses like this one tend to hold up when other service businesses struggle. The 50% EBITDA margin tells me this is a lean, well-run shop, and the fact that new customers call daily while existing ones return multiple times per year points to strong retention in a market where humidity keeps pests active year-round. The team of five handles operations while the owner mainly assists in the field, so a buyer would need to step into that role or hire an additional tech to maintain capacity. Growth has come entirely through inbound inquiries and word of mouth, reinforced by multiple local "Best of the Best" awards, signaling real untapped upside through digital marketing or Google Ads. The absence of formal service contracts is also worth noting, since converting even a portion of customers to annual pest prevention agreements could add meaningful recurring revenue and smooth out seasonality. I'd want to understand the split between residential and commercial clients, whether termite treatments are part of the service mix (which typically carry higher margins and require separate licensing), and how dependent the business is on the owner's field expertise. For a buyer who formalizes sales and introduces subscription-style service plans, the Southeast's year-round pest pressure creates a foundation for expansion well beyond the current customer base.

2/ Refurbished Lab Equipment Business

📍 Location: Colorado
💼 EBITDA: $775,000
📊 Revenue: $4,700,000
📅 Established: 1995

💭 My 2 Cents: Lab equipment is one of those capital-intensive necessities where buyers will always hunt for quality refurbished alternatives, and this Colorado operation has spent nearly 30 years becoming a go-to source for it. The business runs two complementary divisions: a core refurbished Agilent chromatography instruments line generating $3.7M and a specialized mercury analyzer services arm contributing another $1M, which provides diversification and recurring service revenue. The team of 14 includes 4-5 service engineers, which tells me they've built real technical depth rather than just acting as equipment brokers. What's notable is that growth has come almost entirely through repeat business and inbound website leads, pointing to a strong reputation among labs and research facilities who trust the quality of the refurbishment work. I'd want to understand the sourcing pipeline for used Agilent equipment, the regulatory requirements around mercury analyzer calibration, and whether key customer relationships sit with the owner or the sales team. The fact that private equity has come knocking but the owner prefers an individual buyer tells you something about the defensibility of this niche.

ALUMNI SPOTLIGHT

Will left a well-paying data analyst career in tech because he was sure AI was coming for his role.

He wanted to move back to Hawaii but also wanted a high quality of life in a place that didn’t have SF level job opportunities.

And he decided to do it while not having a full-time job. So, he had limited savings to burn through.

That’s quite a way to start your business buying journey, but we helped Will pull it off.

Within 8 months of joining SMB Deal Hunter Pro, our business buying accelerator, we helped Will buy a 43 year old B2B Florist on Maui cash-flowing $440K/year.

👀 Heads up: In just the last 60 days, we’ve helped 9 Pro members acquire $29.7M in businesses. We help serious buyers:

  • Source on- and off-market opportunities

  • Get 1:1 support from first outreach to close

  • Avoid the mistakes that kill most acquisitions

3/ Commercial HVAC Business

📍 Location: Austin Suburb, Texas
💼 EBITDA: $550,000
📊 Revenue: $5,500,000
📅 Established: 1995

💭 My 2 Cents: Commercial HVAC is a capital-intensive, relationship-driven business where the barrier to entry is knowing the right general contractors and property managers, and this operation has spent 30 years building exactly that. By focusing exclusively on commercial work rather than chasing residential service calls, the company has positioned itself for larger contracts, steadier project pipelines, and stickier client relationships through preventative maintenance agreements. The operational setup looks solid: 28-30 W-2 employees, a service manager, and a service salesman handle daily execution while the semi-retired owner checks in twice a week, mostly for blueprint review and payroll oversight. That level of delegation tells me the business could transition smoothly, though I'd want to understand how much of the estimating and bid preparation relies on the owner's technical expertise. I'd also dig into the split between recurring maintenance revenue and one-time construction projects, the average contract length and renewal rate with property management clients, and how exposed the backlog is to any single general contractor relationship. With Austin's population growth driving steady commercial construction and building owners increasingly outsourcing HVAC maintenance to avoid staffing headaches, this business sits in a market that should keep expanding.

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

Most buyers never see what actually happens behind the scenes of a business acquisition.

I sat down with Alejandra, a business broker who’s facilitated over $100M in transactions, to walk through exactly what happens on the other side of the table.

Here are some of the highlights from the deep dive:

🔥 What the first 48 hours look like from the broker’s perspective when a hot listing goes up

🔥 The three documents Alejandra needs before she'll present you to a seller. (Most buyers only send one)

🔥 War stories on deals that fell apart (and what you can learn from them)

And she pulls back the curtain on why brokers often don’t return calls, why ‘cash buyers only’ listings are usually not serious, and how you can stand out from the crowd when competing for a popular business.

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.