Today’s Sponsor

Hello SMB Deal Hunters!

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

🔎 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:

👀 Pro members have now closed over $162M in deals in 2026.

In October alone, 12 deals closed and another 16 members went under LOI.

We helped them source these deals (including off-market deals you won’t find on BizBuySell) and worked with them 1:1 to structure winning offers, catch red flags, and secure financing, handholding them all the way to close and through the transition.

Want to be next?

NEW OFF-MARKET DEALS

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

1/ HVAC and Plumbing Company

📍 Location: New York
💼 EBITDA: $1,000,000
📊 Revenue: $4,000,000
📅 Established: 2006

💭 My 2 Cents: HVAC and plumbing hold up in a downturn because a broken furnace or a burst pipe gets fixed whatever the economy is doing, and the companies worth owning also sell service agreements (a yearly fee for tune-ups and priority scheduling) that keep them coming back to the same homes. This one already has those agreements in place. Fourteen technicians and 3 office staff run the day-to-day, and the owner still checks in often and attends networking groups each week ahead of a planned move out of state. New customers come from those groups, word of mouth, and strong reviews. I like that everything already runs on field service software rather than paper, so each home’s equipment, past jobs and agreement dates sit in one system instead of in the owner’s head, and a buyer can trace the growth job by job. That said, I’d want to know whether one or multiple of the technicians holds, or can qualify for, the license the company works under. I’d also want to know how much new work comes through the networking groups, because that’s the part a buyer would step into personally. And I’d want to see how many homes renewed their agreement last year, which tells you how much of next year’s work is already booked. Set those aside and there’s still the scarcity: private equity firms were the buyers in roughly 60% of home services deals this year, with HVAC, plumbing and electrical the second busiest trade, so because this one is off-market, a buyer faces far less competition for it than a company like this would normally draw.

2/ Assisted Stretching and Wellness Franchise Studio Resale

📍 Location: California
💼 EBITDA: $300,000
📊 Revenue: $1,500,000
📅 Established: 2018

💭 My 2 Cents: Assisted stretching sells something most people know they should do and don’t: a trained practitioner stretches you one-on-one, which draws people who sit all day and older adults who want to stay mobile. Members pay monthly, and since the product is the practitioner’s time, a studio needs little more than padded tables and good staff. This company owns two franchise studios in Southern California, and the older one was among the brand’s earliest franchise locations. Each averages about $750,000 in revenue, well above the $483,000 average per studio at the largest assisted stretching franchise. Managers run each studio while the owner oversees operations and hiring and visits about two days a week, and the studios successfully operated through an extended stretch of reduced owner involvement in 2025. New members come from social media, email, community events and pop-up sessions. The membership share of revenue matters most here, along with how long the average member stays. Revenue by studio since 2023 comes next, since sales at existing studios in that franchise fell 12% in 2025, so the answer shows whether these two held up. Another piece is how long the practitioners have stayed and how many members book with the same one each visit. Set those aside and there’s a real advantage in the setup: the studios are four miles apart and share one team of about 25, so a buyer gets two locations that can cover each other’s shifts, which is why the seller strongly prefers to sell them as a pair.

3/ Express and Self-Service Car Wash Locations

📍 Location: Alabama
💼 EBITDA: $200,000
📊 Revenue: $500,000
📅 Established: 2019

💭 My 2 Cents: The car washes that have done best lately sell a monthly plan: at Mister Car Wash, the largest public chain, members on an unlimitedplan brought in 79% of wash sales at the end of 2025. This company runs three Alabama locations with self-service bays and two express tunnels, and none of them needs anyone on site during the week: customers wash their own cars in the bays, the tunnel does it for them, and both take payment at the machine. There are no employees, and the owner works a full-time job elsewhere and spends weekends, with help from the owner’s spouse, on repairs, cleaning, bay upkeep and cash collection, and the sale is about lightening that load before retirement. On the balance sheet, the owner currently owes about $1.2 million across the businesses and the properties. The properties themselves matter more than usual here, because location is key in this business: most customers find the washes from the road, with limited Facebook marketing on top. I’d dig into whether either express wash sells a monthly plan and what share of wash sales comes from members, since anything well below the big chains is the growth opportunity. Then the equipment’s age at each site and what broke in the last two years, which tells you what the next few years of repairs will cost. And whether the towns around these washes limit new ones being built, since several Alabama cities have paused new automated washes after a surge of applications, and a limit keeps the next tunnel from opening down the road. Set those aside and the debt matters for the price conversation: since it gets paid off at closing, it’s likely the least the seller would accept.

MEMBER SPOTLIGHT

After 13 years at Apple, Ben had an incredible career on paper, but the growth had stalled.

Most people would give anything for a job at Apple. But for Ben, it had started to feel like running in place, and he knew he needed a change.

He was done going through the motions, clocking into the same office every single day. He wanted "the freedom of… being an entrepreneur."

Then, about 18 months after joining SMB Deal Hunter Pro, he bought a 24-year-old tech repair business in Silicon Valley doing about $455K a year in cash flow.

It also came with a VP of Operations and 3 to 4 technicians in each of his 3 stores. It was the same world he’d spent his career in, from Apple and Best Buy to building computers as a kid.

So he could skip the learning curve and make an impact right away.

About 45 days after closing, he sat down with me to break down:

  • How his below-asking offer got turned down, then the seller came back months later

  • Why his seller note shrinks with every prepaid job

  • Why he's in the stores 6 days a week, when the last owner ran it from LA

  • Why a client's CEO wanted to renegotiate their IT contract mid-sale, and how Ben handled it before he even owned the business

4/ Warehouse Storage System Reseller

📍 Location: New York
💼 EBITDA: $400,000
📊 Revenue: $2,000,000
📅 Established: 2005

💭 My 2 Cents: Every warehouse needs racks before it can hold a single pallet, so storage gets bought whenever a company moves in, expands or rearranges, and that demand is picking up: companies leased more warehouse space over the last two quarters than in any stretch since 2022, and vacancy has started to fall again. Since 2005, this company has sold warehouse storage systems out of its own warehouse, where staff fill daily orders and organize inventory. On the sales side, a sales and project management specialist handles site visits, inventory assessments and customer relationships, while an outside firm runs the Facebook, Google and Craigslist marketing and email campaigns go out to thousands of customer contacts. All five team members are 1099 contractors, so there’s no payroll tax or benefits bill. The owner still handles project management, sourcing and purchasing, and is selling to retire. Inventory sourcing is where I’d start: where the stock comes from and how much is new versus used, which tells a buyer how much of the margin rides on the owner’s buying. I’d also want to see how many jobs include installation versus material shipped from the warehouse, which shows how much of the work needs a project manager. And the email list deserves a close look, since contacts who bought again recently are demand that doesn’t need paid ads. The good news is that the selling and marketing already run without the owner, so a buyer is stepping into the buying and the project schedule, which suits someone who’s good at negotiating for inventory.

5/ Sports Court Construction Company

📍 Location: Utah
💼 EBITDA: $600,000
📊 Revenue: $3,000,000
📅 Established: 2005

💭 My 2 Cents: A sports court gets built once, but an acrylic playing surface wears down and needs a fresh coat every 4 to 8 years, and tennis just had its sixth straight year of growth, reaching a record 27.3 million American players in 2025. More play on the courts already in the ground means the ones a builder finished years ago can keep turning into new jobs. Founded in 2005, this company runs with a team of six: four employees, an office employee, and the owner, who focuses on sales and project management and oversees each job through to completion. Customers come through digital marketing, word of mouth, and the company’s reputation, and the owner is ready to move on to something else. Roughly $500,000 of revenue per person tells me much of the heavy work is likely subcontracted, so who pours the concrete slabs is what I’d pin down, since a court can’t be surfaced until its slab is poured. The split between resurfacing and new courts would show whether the company is already collecting on courts it built years ago. And it’s worth knowing whether it’s an authorized installer for any of the court-tile brands, since Sport Court, whose surfaces are made in Utah, lets only authorized builders install its courts. Demand is the easy part of this story: 24.3 million Americans played pickleball in 2025, nearly three times as many as in 2022, and a pickleball court fits on a pad about a quarter the size of a tennis court, which puts a buyer’s product within reach of far more backyards.

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.

THE BREAKDOWN

Along the way, I've watched the same mistakes trip up buyers again and again (myself included).

So in this week's video, I break down the 6 lessons I'd want every first-time buyer to know:

  • The 3 questions I ask every advisor before I close (and why a bank approval isn't enough)

  • Why a bad year the seller can live with could leave you $100K short (and how I plan for it before I buy)

  • How to figure out what a business can actually pay you after the loan and taxes

  • How to ask a seller the hard questions without blowing up the deal

  • And 2 more, including who the broker really works for (and how to get the info you need anyway)

THAT’S A WRAP

See you tomorrow!

P.S. I'd love your feedback. Tap the poll below or reply to this email.

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.