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New Off-Market Businesses For Sale
Home medical equipment distributor, battery and electric equipment supplier, 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/ Home Medical Equipment Distribution Business
📍 Location: North Florida
💼 EBITDA: $400,000
📊 Revenue: $2,500,000
📅 Established: 1964
💭 My 2 Cents: Ostomy supplies (the pouches and accessories used by patients who've had bowel or bladder surgeries) are a niche category with sticky economics: patients need monthly refills for life, insurance covers most of the cost, and switching providers is a hassle nobody wants. This distributor has been at it for 60 years, building a referral network with nurses, specialists, and insurance networks that would take a new entrant years to replicate. The current owner, who bought the business in 2024, has already upgraded technology and processes while pursuing more aggressive digital marketing to complement the traditional referral channels. What stands out is the cash flow dynamics: the largest supplier offers 60-day payment terms while insurance reimbursements arrive in two to three weeks, meaning the business collects before it pays. The team of roughly 10 employees handles operations, though the owner still serves as general manager. I'd want to understand reimbursement trends from Medicare and private insurers, the mix of product margins across the five manufacturer relationships, and how dependent the referral pipeline is on specific healthcare provider relationships. The aging U.S. population and growth in outpatient care should provide steady tailwinds, but the real value here is the recurring revenue locked in by patient inertia and the complexity of navigating insurance billing.
2/ Battery and Electric Equipment Supplier
📍 Location: Massachusetts
💼 EBITDA: $910,000
📊 Revenue: $2,600,000
📅 Established: 1950
💭 My 2 Cents: Industrial battery distribution doesn't get much attention, but this 75-year-old operation makes a strong case for the model with a 35% EBITDA margin on $2.6M in revenue. The company sources from manufacturers like East Penn, US Battery, and Leos Manufacturing, then resells under its own name to customers who value technical expertise and problem-solving over the lowest price. That positioning matters because batteries are not commodities when your forklift fleet is down or your backup power fails. The operation is lean, just the owner and one driver, which explains the strong margins but also represents the biggest risk: this is a one-man show where the owner works full time and handles everything except deliveries. He's 59, caring for a parent with Alzheimer's, and looking for a successor since his children aren't interested. I'd want to understand how transferable the customer relationships are, whether the supplier accounts would survive an ownership change, and what it would cost to hire a salesperson or operations manager to reduce owner dependence. The right buyer here is someone willing to work in the business initially while building out the team, because 75 years of reputation and a $910K cash flow don't come around often in distribution.
ALUMNI SPOTLIGHT
Sarah had the resume. Yale MBA. 10 years at Microsoft. Family full of business owners going back generations.
She left her corporate job in 2023 to buy a business in Seattle. Did everything "right."
Networked the ETA community for over a year.
Even organized her own searcher cohort through Searchfunder.
And after 18 months of solo searching, she still hadn't closed 😩
Not because she wasn't smart. Not because she wasn't working hard. But because she didn’t have people she could go to for every nitty gritty question that comes up in the deal search process.
💡 So she joined SMB Deal Hunter Pro to get exactly that. 7 months later, she closed on a 40 year old gallery and custom framing shop in New Mexico cash-flowing ~$150k / year.
But the path to close wasn't smooth. In the interview, Sarah breaks down:
→ Why she walked away from Seattle after searching there for nearly two years. (And how she found her deal in New Mexico)
→ How she filtered deals by "her own flavor of boring." (and why she passed on bigger, more lucrative options)
→ What surprised her most about the first 90 days. Including why she couldn't sleep the first month (not because things were going wrong).
3/ Automotive Repair Shop
📍 Location: North Texas
💼 EBITDA: $600,000
📊 Revenue: $1,700,000
📅 Established: 2005
💭 My 2 Cents: General automotive repair is a competitive space, but this shop has built something most independents never achieve: a fully staffed operation that runs without the owner turning wrenches. Five technicians and two service advisors handle customer repairs, while a front desk manager and shop foreman oversee daily operations, allowing the owner to visit only occasionally. That kind of organizational depth is rare for a shop doing under $2M in revenue and tells me the systems and culture are solid. Located in one of the fastest-growing metro areas in the country, the business has grown through word of mouth, referrals, and SEO without any paid advertising, which points to real upside from targeted marketing or fleet accounts. The 35% EBITDA margin is healthy for the industry, though I'd want to understand technician pay structures and retention, average repair order value, and whether the current facility could handle more volume or if capacity is maxed out. With the owner retiring and a management team already in place, this is a cleaner transition than most auto shops, where knowledge and customer trust often walk out the door with the seller.
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
Savannah went from McKinsey consultant to owner-operator of Midway Electric in Columbia, Missouri.
She and her partner Brian Wolfe (who I interviewed previously) have closed two home services deals and are laser focused on building a long-term holding company, Funded Ventures.
Here are some of the highlights from the deep dive:
🔥 How Savannah went from "ETA skeptic" to running an electrical company in a market where she doesn't exactly look like the typical president
🔥 The state of the business when they bought it (everything was on paper, hourly rates were 40% below market, and the owners were barely holding on)
🔥 How they turned it around in months, including the pricing conversation with the team that actually got buy-in
🔥 Why they're willing to go "super, super small" on acquisitions when everyone else says to go bigger
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.

