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  • New Deals: An absentee medical transport company, 30-year landscaping company, and 3 other finds

New Deals: An absentee medical transport company, 30-year landscaping company, and 3 other finds

Plus, how Mike went under LOI on a remote accounting firm

Today's Sponsor

Hello SMB Deal Hunters!

📣 Quick Announcement: I’m hiring a Small Business Acquisition Strategist! If you have SMB acquisition experience and enjoy helping first time buyers close deals, apply here.

Now onto regular business…

I’m excited to share 5 new businesses for sale worth checking out in this Market Watch issue. Each was handpicked from hundreds of fresh listings, with our quick take on why it stands out. First up…

Today’s issue is sponsored by SMB Deal Hunter Pro, our accelerator that helps business buyers find, finance, and acquire a million-dollar cash-flowing business in 6–12 months.

COMMUNITY WINS

Here’s what one SMB Deal Hunter Pro member shared this past week:

👀 P.S. If you want to close a business in 2026, the clock is already running. Our average Pro member time to close is 8 months, which means Q1 is about when you'd want to get started.

Over the past 12 months, our members have closed $150M in deals, with 1:1 access to our M&A advisors and a private off-market marketplace adding 10-20 listings every week.

We wanted to make the program more accessible to anyone serious about closing on a business this year, so we're offering a one-time bonus that’s expiring in 7 days. 

So if you've been waiting for the right time to make a move….

NEW DEALS

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

1/ Absentee Non-Emergency Medical Transportation Company

📍 Location: Florida
💰 Asking Price: $1,700,000
💼 EBITDA: $433,000
📊 Revenue: $2,152,000
📅 Established: ~2018

💭 My 2 Cents: Non-emergency medical transportation is one of those businesses where demand is essentially mandated: patients with dialysis schedules, oncology appointments, and physical therapy sessions need rides regardless of the economy, and Medicaid and Medicare foot most of the bill. This operation runs fully absentee with experienced drivers and management already in place, which tells me the systems are in place and not dependent on the owner showing up every morning. I like that regular riders on fixed weekly schedules create route density that compounds over time without requiring any new customer acquisition. That said, I'd want to understand the payer mix between Medicaid/Medicare and private pay, how referral contracts with healthcare facilities are structured, and whether any vehicles in the fleet are approaching replacement. Central Florida has one of the fastest-growing senior populations in the country, which means the demand pipeline here isn't slowing down. It's just getting started.

2/ Commercial HVAC Company

📍 Location: Colorado
💰 Asking Price: $1,800,000
💼 EBITDA: $461,000
📊 Revenue: $1,582,000
📅 Established: ~2001

💭 My 2 Cents: This business has something most commercial HVAC companies spend years chasing: 150 commercial and 209 residential maintenance agreements already in place, zero new construction exposure, and a database of 4000+ active customers that took a quarter century to build. I like that the 80% commercial revenue mix means the cash flow doesn't swing with the housing market, and 24/7 service capability tells me this operation is set up to hold onto accounts rather than lose them to competitors who answer the phone at night. This business also sits in one of Colorado's fastest-growing counties which has added residents consistently for over a decade, meaning the company will continue to capture organic install demand on top of an already stable maintenance base. I’d want to understand if there are any license holders beyond the owner, headcount and turnover amongst technicians (the #1 constraint right now in HVAC), and what the maintenance capex looks like on the trucks and service equipment. Get comfortable on those diligence items and you're looking at a business that rarely comes to market (and only does here because the owner is retiring after 25 years).

3/ Absentee Commercial Landscaping Company

📍 Location: South Florida
💰 Asking Price: $2,200,000
💼 EBITDA: $609,000
📊 Revenue: $2,894,000
📅 Established: ~1996

💭 My 2 Cents: Three decades of commercial grounds maintenance across three of Florida's most densely developed counties is a moat that no new entrant with a truck and a trailer can replicate on any timeline. This company holds 60+ commercial accounts and over 100 tree service accounts across condos, HOAs, office parks, and retail centers, all on annual contracts that renew by default, and a management team is already running daily operations without the owner. I like that South Florida's year-round growing cycle eliminates the seasonal cash flow problem that makes northern landscaping businesses harder to underwrite and that commercial property budgets treat maintenance as a non-negotiable line item. That said, I'd want to understand what percentage of accounts have been on for five or more years, how the arborist-led tree services are priced relative to competitors, and how the management team is currently incentivized. Ultimately, commercial property managers don't often leave vendors who show up, don't cause problems, and have been there for years, because the downside of a bad replacement (dead landscaping, a liability claim from a tree job gone wrong, an HOA board meeting about it) is worse than whatever they'd save switching.

CASE STUDY

Imagine you spent the last 25 years buying companies and managing over 450+ employees. Do you think you'd need help buying a small business?

Ronnie didn't think he did. He'd spent nearly three decades buying senior living facilities with private equity money. He'd worked on more acquisitions than most people will see in a lifetime.

So when he sold his stake in 2024 and decided to buy a business on his own, he figured this would be the easy part.

It wasn't.

He searched solo for six months. Reviewed over 70 businesses. Called bankers, insurance contacts, and friends in his network for second opinions.

None of them understood the nuances of small business acquisitions well enough to actually help.

In January 2025, he joined SMB Deal Hunter Pro.

Eight months later, he closed on a $3.5M premium flooring company.

He closed with no seller financing, and still had 5 lenders fighting to fund it.

The unexpected twist? His COO abandoned him 30 days after close (but it ended up being a blessing in disguise).

4/ Low Voltage Contractor

📍 Location: N/A
💰 Asking Price: $4,950,000
💼 EBITDA: $950,000
📊 Revenue: $2,909,000
📅 Established: ~1999

💭 My 2 Cents: Low voltage contracting has a business model most trades would envy: the installation is a one-time event but the monitoring, maintenance, and service contracts that follow are deeply recurring. This 27-year-old firm has built its client base around government agencies and Fortune-class companies that pay on time, require ongoing service, and don't rotate vendors without a serious reason. The 33% net margin on $2.9M is exceptional for any contracting business and tells me the firm competes on relationship and capability, not price. I like the semi-absentee structure with a management team already in place. However, the asking price of is above where most trades businesses of this size go for. The seller is pricing in the institutional contract quality, so the key question a buyer needs to answer is how much of that revenue is recurring monitoring versus project work and how locked-in the government contracts actually are. All that said, a buyer who can layer in smart building integrations or AI-driven access control would have a natural upsell path into a client base that already hands this firm the keys to their infrastructure.

5/ Home Services Provider

📍 Location: Maine
💰 Asking Price: $2,400,000
💼 EBITDA: $750,000
📊 Revenue: $3,300,000
📅 Established: ~2021

💭 My 2 Cents: An 80%+ year-over-year renewal rate on annual service contracts tells me homeowners aren't treating this as a vendor relationship they revisit each season, they're treating it like a subscription they don't think about canceling. This Southern Maine home services company has built its entire model around annual contracts, converting what is typically a lumpy, call-driven business into a predictable monthly revenue engine with a respectable 23% net margin. I like that the business is entering its second year of a new product line, which tells me there's organic growth momentum already baked into the base without a new owner having to create it. The age of the operation is the one thing to stress-test: I'd want to see multiple renewal cycles behind that 80% figure, understand what the new product line is and whether the unit economics hold at scale, and get clear on how dependent sales are on the current owner personally. Southern Maine is growing faster than most of New England, and a contract-based home services business in an expanding market quietly compounds in a way that most buyers don't fully price in until they're already inside it.

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

Fred McGill spent years as head of sales and marketing at a venture-backed company. He ran a real estate tech startup with nearly 3,000 crowdfunding investors.

But he couldn't exit. Six years later, investors still ask when they'll see a return.

So instead of starting another company, he decided to buy one.

He looked at HVAC and plumbing. Both too crowded. Then he saw an opportunity other searchers hadn't.

He bought a 20-year-old electrical business doing just under $4M a year.

He's not an electrician. He's never touched a wire in his life.

In only 10 months, he added $650,000 in revenue to the business. And he's targeting $5 million this year.

All of it while still running his startup. Using nothing but his sales and marketing background.

And for our audio-only listeners, jump in and listen on Spotify or Apple Podcasts!

THAT’S A WRAP

See you tomorrow!

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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.