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/ Fireplace Equipment Retail and Installation

📍 Location: Washington State
💼 EBITDA: $550,000
📊 Revenue: $1,700,000
📅 Established: 1989

💭 My 2 Cents: Thirty-seven years in the fireplace trade with virtually no advertising spend tells me this company's reputation does the selling. Fireplace installation is one of those businesses where the customer relationship doesn't end at the install. Gas fireplaces need annual servicing, wood-burning units need inspections, and homeowners who remodel once tend to come back for the master bedroom or the outdoor living area a few years later. That repeat dynamic is already happening informally here, with a customer list of over 3,000 contacts being tapped through email and flyer campaigns for service work. The real opportunity is formalizing that into annual maintenance agreements, which would create the recurring revenue floor this business currently lacks. High-end GCs are already feeding the new construction pipeline, so the install side isn't the concern. I'd want to understand the revenue split between new installs and service/repair work, how concentrated the GC referral base is, and whether the office team (who currently runs day-to-day operations) would stay post-close. A buyer who builds a service agreement program on top of this existing customer base could turn a solid project-based business into one with predictable monthly cash flow.

2/ Fabricated Galvanized Steel Agricultural Buildings

📍 Location: Central Kentucky
💼 EBITDA: $400,000
📊 Revenue: $2,000,000
📅 Established: 2019

💭 My 2 Cents: Steel agricultural buildings are a product that basically sells itself in farm country. Equipment keeps getting bigger, land keeps consolidating, and farmers need covered storage that won't rot or require repainting every few years. Galvanized steel checks all those boxes, and this company figured out a distribution model that lets it sell across state lines without the overhead of a large team. The dealer installer network is the interesting piece here where each dealer acts as a regional sales and installation arm, which means the business has geographic reach without carrying fixed labor costs. That's a scalable framework if the right buyer knows how to recruit more dealers and expand the territory map. The risk is concentration: everything from sales to fabrication coordination runs through the owner, and there's no recurring revenue or contract base underneath. I'd want to understand whether the fabrication shop relationship is exclusive or could be replicated by a competitor, how sticky the dealer relationships actually are, and what the average lead time looks like from order to install. For a buyer who comes from building products distribution or agricultural equipment sales, the playbook to professionalize this operation and add dealers in new states is pretty clear.

3/ Two-Location Childcare Operation

📍 Location: South Carolina
💼 EBITDA: $700,000
📊 Revenue: $1,950,000
📅 Established: 2009

💭 My 2 Cents: Between state licensing timelines, staffing shortages, and the years it takes to build parent trust, the barriers to entry for childcare are as high as anything in small business. This operation solved all of that over 17 years, filling roughly 170 spots across two locations with zero advertising. That word-of-mouth-only enrollment tells me parents are actively recommending the program, which is the strongest moat in childcare. The management infrastructure is the other thing that stands out. Each facility has its own leadership team running independently of the owners, which means a buyer isn't walking into a situation where they need to be on-site at 6 AM managing drop-off. Monthly tuition payments create predictable, recurring cash flow even without formal long-term contracts, because switching childcare providers is something parents avoid unless they have to. I'd want to look at staff turnover rates over the past two years (the number one operational risk in childcare), the current waitlist depth at both locations, and what the state licensing renewal timeline looks like. With the national childcare shortage showing no signs of easing, the upside here might be as simple as a modest tuition increase that the market would absorb without blinking.

4/ Short-Term Rental Property Management

📍 Location: Montana
💼 EBITDA: $483,000
📊 Revenue: $850,000
📅 Established: N/A

💭 My 2 Cents: Property management businesses live and die by churn, and this one claims zero client losses since inception. In a short-term rental market where property owners constantly shop around for better returns, that kind of retention tells me the operator is delivering results that keep owners from even looking elsewhere. The forward bookings support that: $376K already secured for 2026 with full-year projections tracking toward seven figures in revenue. That said, this is a solo operation with no employees, and the owner handles all guest communications and property coordination personally. A buyer would need to hire an operations manager or step in full-time, and that additional salary compresses the current earnings picture. I'd want to understand the total number of properties under management, whether the management agreements have change-of-ownership termination clauses, and what the local regulatory outlook looks like for short-term rentals since several mountain communities have tightened rules recently. If those contracts transfer cleanly and the STR ordinances stay stable, the growth runway here is strong, especially with so much room to add properties in a market that keeps attracting new vacation home buyers.

5/ Niche Software and Web Development Firm

📍 Location: Remote
💼 EBITDA: $530,000
📊 Revenue: $1,700,000
📅 Established: 1997

💭 My 2 Cents: Software agencies rarely make the cut for this newsletter, but a 28-year-old firm embedded in a specific regional manufacturing niche deserves a closer look. The company has spent 28 years embedding itself in northern Indiana's manufacturing and boating industries, serving clients who need custom portal systems and ongoing software support that's specific to how they run their operations. That niche focus means the competition isn't some dev shop in Bangalore; it's whoever else in the region understands how a boat manufacturer's order management works. The financial proof is in the recurring number: $627K in recurring retainer revenue last year, with clients paying $20K to $80K upfront for software builds and then staying on for monthly support. The owner has deliberately stepped back from day-to-day work, and the team runs client delivery, account management, and even marketing independently. I'd want to understand whether the client relationships live with the firm or with specific engineers, what the average retainer tenure looks like, and how much of the recurring base is tied to proprietary software that only this team can maintain. In an industry where relationships are everything and switching costs are high, the stickiness here is real, and 28 years of it doesn't just show up on a balance sheet.