New Off-Market Businesses For Sale

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NEW OFF-MARKET DEALS

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

1/ HVAC Business

📍 Location: Upstate New York
💼 EBITDA: $700,000
📊 Revenue: $4,200,000
📅 Established: 1984

💭 My 2 Cents: The economics of HVAC are hard to beat: customers sign up for annual maintenance, equipment breaks down on a predictable timeline, and nobody shops around when their furnace dies in January. This operation has capitalized on that dynamic with 800-900 active service agreements generating predictable maintenance income and a database of over 10,000 customers built over four decades. The retiring owner focuses on sales while 15 W-2 employees handle the technical work, including dedicated bookkeeping, dispatch, and installation coordination roles that give the business more structure than most HVAC companies at this size. What's particularly notable is the owner's proactive approach to marketing, from hiring an agency for paid ads to investing in a fresh website and radio campaigns, which is far more sophisticated than the typical word-of-mouth HVAC shop and points to a growth mindset that a buyer could amplify further. I'd want to understand renewal rates on those service contracts, the split between service/maintenance vs. installation, and whether the 15-person team has the capacity to handle more volume or if growth requires adding crews. In a region where harsh winters and aging HVAC systems drive consistent replacement demand, the real opportunity here is converting that massive customer database into more recurring service agreements and capturing a larger share of the inevitable equipment replacements coming down the line.

2/ Fantasy Sports Subscription Business

📍 Location: Remote
💼 EBITDA: $670,000
📊 Revenue: $1,670,000
📅 Established: 2022

💭 My 2 Cents: Fantasy sports is having a moment, and this business has managed to build a profitable subscription model around it in just three years by combining data analytics, community, and educational content into one platform. The 40% EBITDA margin tells me this is a lean operation with minimal overhead, which makes sense given it's fully remote and built on the backs of 8-10 independent contractors who specialize in different sports like football, golf, and UFC. What's particularly smart is the content-driven growth strategy through YouTube, X, and newsletters, which has fueled customer acquisition without relying heavily on paid ads, and the partnerships with sports companies and YouTubers provide built-in distribution channels that would take years for a new entrant to replicate. The big question I'd have is around churn: with an average customer lifespan of just six months and 60% on monthly subscriptions, the business needs constant inflows to sustain revenue, so I'd want to dig into what drives cancellations, whether annual subscribers stick around longer, and how much of the $81 monthly spend is driven by seasonal sports cycles versus year-round engagement. The CEO/COO's willingness to stay on post-sale is a huge plus for continuity, especially given how personality-driven fantasy sports content can be. As sports betting continues to expand and fantasy players look for every possible edge, businesses that deliver actionable data and community in one package should keep finding subscribers willing to pay for the advantage.

3/ Heavy Duty Truck Parts Distributor

📍 Location: Massachusetts
💼 EBITDA: $520,000
📊 Revenue: $1,300,000
📅 Established: 1976

💭 My 2 Cents: Heavy duty truck parts distribution is a classic industrial business with sticky customers and recession-resistant demand, since commercial fleets can't afford downtime whether the economy is booming or slowing. This Massachusetts operation has spent nearly five decades serving local trucking companies, repair shops, and fleet operators with specialized parts that aren't readily available at general auto parts stores. The 40% EBITDA margin is unusually high for distribution, reflecting five years of the owner trimming fat and focusing on the most profitable accounts. With just five employees handling $1.3M in revenue and little local competition for their specific product lines, the business has built a defensible niche without spreading itself thin across commodity parts or low-margin volume plays. The owner still works four days a week handling ordering, invoicing, and oversight, so I'd want to understand how much institutional knowledge sits with him versus documented systems, whether key supplier relationships are transferable, and if there's capacity to add product lines or expand the customer base without sacrificing margins. Given the ongoing driver shortage and aging truck fleets that require more frequent repairs, parts distributors with deep local relationships and hard-to-source inventory should continue capturing outsized wallet share from stretched fleet managers.