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New Off-Market Businesses For Sale
An express car wash in NYC, landscaping company in Chicago suburbs, and more...
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/ Express Car Wash and Oil Change Business
📍 Location: New York City
💼 EBITDA: $500,000
📊 Revenue: $1,700,000
📅 Established: 2017
💭 My 2 Cents: Subscription car washes have become one of the hottest models in small business, and this Queens operation has the numbers to back it up: 1,700 active members paying $30 to $70 per month, which creates a predictable, recurring revenue base that most service businesses would envy. Processing 500 to 1,000 cars per day with 10 to 12 staff is solid throughput, and the oil change add-on is a smart way to boost per-visit revenue without requiring a separate customer acquisition effort. The asking price deserves a close look, though. At roughly 6x EBITDA (or about 2x revenue), the owner is pricing this at a premium to where most small businesses trade, which tells me they know the subscription revenue is valuable. I'd want to understand monthly churn rates on those memberships, how much of the revenue comes from subscriptions versus one-time washes, and what the lease terms look like since location is everything in the car wash business. One thing worth noting: one owner still manages daily operations full-time, so a buyer would need to either step in or hire a GM, and that cost could meaningfully compress EBITDA. In a borough with 2.3 million residents and limited land for new car wash construction, the real asset here may be the site itself.
2/ Full-Service Landscaping Company in Chicago Suburbs
📍 Location: Illinois
💼 EBITDA: $1,000,000
📊 Revenue: $9,300,000
📅 Established: 1985
💭 My 2 Cents: A 40-year-old landscaping company with 120 employees, a 50-truck fleet, and $9.3M in revenue is the kind of operational foundation that takes decades to assemble. This Chicago-suburbs operation covers the full spectrum of landscaping, maintenance, installations, and commercial snow removal, which smooths out the seasonality that kills most landscaping businesses. What really stands out is that 90% of customer acquisition comes from referrals and word of mouth, and residential clients are on annual service agreements while commercial contracts run one to three years, giving the business a sticky, recurring revenue base. The owner works just 9 hours a week and is willing to stay on post-sale, which tells me the team and systems are mature enough to run without daily oversight. I'd want to dig into crew retention and labor costs (the biggest margin risk in landscaping), the revenue split between maintenance and installation work, and how exposed the business is to seasonal fluctuations in snow removal income. With the Midwest landscaping market growing steadily and private equity rolling up operators across the country, a business this size with contracted revenue could be a strong platform acquisition.
CASE STUDY
Imagine leaving a prestigious 18 year career at Google to buy a janitorial company.
Sounds crazy, right? Meshal did exactly that.
On top of that, he started his business search after quitting his stable job and with no income coming in.
After joining SMB Deal Hunter Pro, he ended up buying not one, but two different businesses completely off-market.
How?
That’s what we break down in this week’s case study. We’ll reveal…
→ How he went from zero business experience to reviewing over 480+ deals and submitting dozens of offers in a matter of months.
→ How we helped Meshal find both businesses he bought completely off-market.
→ How we helped him structure both offers, so he could retain the sellers as partners and help keep their skin in the game as he grew both businesses.
Learn exactly how Meshal did it by watching the case study 👇
3/ Commercial HVAC Business
📍 Location: Oklahoma
💼 EBITDA: $1,400,000
📊 Revenue: $4,300,000
📅 Established: 1995
💭 My 2 Cents: Commercial HVAC is one of the most defensible trades businesses you can own, and 30 years of operating history in a growing metro like Oklahoma City only strengthens that position. This company focuses on remodels, retrofits, and new construction rather than service work, which means higher average project values but also more variability in the revenue pipeline. One owner is semi-retired and the other works just 9 hours a week on sales and estimating, with a team of 18 handling everything else, which tells me the operational backbone is solid. Growth has come entirely through reputation and word of mouth, leaving obvious upside in digital marketing and formal bid processes for larger commercial projects. I'd want to understand the project backlog and how lumpy revenue can get between quarters, whether the estimating function is transferable or tied to the owner's relationships, and how the upcoming EPA refrigerant phaseouts (R-410A was banned for new systems in January 2025) are creating retrofit demand. The national skilled HVAC labor shortage, with the BLS projecting 9% job growth through 2033, means fewer new competitors are entering the market, which only widens the moat for an established shop like this one.
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
Rushi missed three big red flags on his first deal.
He overpaid on the franchise.
He didn’t realize 25% of the franchise’s global locations were packed into his backyard.
And the business had to close for four months a year, which sounds great until your GM quits because they can’t afford to go all winter without a paycheck.
That was just deal #1. He was crazy enough to go back for round 2…
In this episode, Rushi shares:
🔥 How his second deal ended up being a one-man business with 90% margins (and how he grew it 20% in the first year)
🔥 How he brought his first acquisition to break even (after a disastrous start)
🔥 Why he’s going all in on business acquisition (and his third acquisition target)
And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!
THAT’S A WRAP
See you tomorrow!

-Helen Guo
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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.


