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Airport Shuttle Service w/ $1.5M+ Annual Revenue 🛩️
Under the Radar Weekly Deals
The #1 Boring Biz Newsletter
👋 Hey folks,
Welcome to issue #10 of Under the Radar!
Let’s get right into it.
This week’s issue features:
💅🏼 Profitable nail salon w/ $300K annual cash flow
🛩️ Airport shuttle service w/ $1.5M+ annual revenue
📲 Lead generation SaaS company w/ $58K MRR
Hot Deals 🔥
Analyses of the best deals we found across top marketplaces and brokerages.
#1. Profitable nail salon w/ $300K annual cash flow
🏷️ Asking Price: $325,000
📍 Location: Loudoun County, VA
Overview: Located in affluent Loudoun County, Virginia, this profitable nail salon presents a lucrative opportunity for a potential buyer looking to enter or expand within the beauty industry. The salon is turn-key, indicating that it's fully operational with established systems and a steady client base. The business benefits from its strategic location in one of the wealthiest counties in the U.S., making it an attractive investment for those seeking a venture with a high potential for sustained income.
Key Highlights ✅
~$900K annual revenue
~$465K annual EBITDA
~$300K annual cash flow
$32K FF&E included
$25K inventory included
Growth Avenues 🚀
Developing a robust online presence through social media marketing and a dedicated website could enhance visibility and attract younger demographics
Potential Risks 🚩
As a salon in a wealthy area, the competition is likely significant. Standing out will require maintaining high service standards and possibly offering unique services not widely available in the area
Questions❓
What are the specific terms of the lease agreement, including duration, costs, and renewal options?
What measures are in place to retain key staff members post-acquisition?
#2. Airport shuttle service w/ $1.5M+ annual revenue
🏷️ Asking Price: $1,200,000
📍 Location: Phoenix, AZ
Overview: This established airport shuttle service, operating since 1987 in West Valley, Phoenix, offers a seamless connection between the city and the airport. With a fleet of 13 owned shuttle vans and a dedicated team of 35 employees, the business operates out of a 3,000 sq foot facility, equipped with modern technology for scheduling and monitoring. It boasts a robust annual growth of 15% over the past three years, managed by a semi-absentee owner, highlighting its operational efficiency and profitability.
Key Highlights ✅
~$1.5M+ annual revenue
~$323K annual income
$100K FF&E included
Airport permit and vehicle for hire license needed
10 FTEs (25 part-time)
Growth Avenues 🚀
Enhancing digital marketing efforts, such as search engine optimization (SEO) and targeted online ads, could increase bookings
Collaborating with local businesses and hotels could provide a steady stream of customers
Potential Risks 🚩
As the area develops, more competitors may emerge, potentially diluting market share
Changes in airport or transportation regulations could impact operational costs or service delivery.
Questions❓
What metrics or feedback channels are used to monitor and ensure customer satisfaction?
What are the current staff management practices, and how is employee turnover handled?
Are there existing loyalty programs or customer retention strategies that have proven effective?
#3. Lead generation SaaS company w/ $58K MRR
🏷️ Asking Price: $1,900,000
📍 Location: Houston, TX (relocatable)
Overview: Established in 2020, this lead-generation SaaS business utilizes AI technology to enhance online marketing effectiveness. It automates lead generation by identifying marketing gaps and customizing outreach, thus increasing conversion rates. With $58K in monthly recurring revenue (MRR) and a robust client base of over 800 recurring customers, this business is a niche leader in its field. It's relocatable and comes with a fully outsourced dev team, making it ideal for portfolio owners or businesses looking to expand their digital capabilities.
Key Highlights ✅
~$738K annual revenue
~$565K annual SDE
800+ recurring customers
6 months training & support
Marketing assets & affiliate network included
Growth Avenues 🚀
Introducing outsourced business coaching services could provide additional revenue streams
Transitioning from individual sales to selling site licenses could increase revenue scalability
Collaborating with companies targeting SMBs, coaches, and consultants could expand market reach
Potential Risks 🚩
The tech sector, especially in AI-driven lead generation, is rapidly evolving. The influx of new competitors or advancements in technology could diminish this business's competitive edge
Dependence on an entirely outsourced development team may lead to challenges in quality control and product consistency, which are crucial for maintaining customer satisfaction and service reliability
Questions❓
How frequently is the software updated, and what is the roadmap for future enhancements?
How is the outsourced development team managed, and what measures are in place to ensure consistent quality and innovation?
Radar Picks 📡
Bit-sized reads featuring insights and fresh perspectives
Tweet of the Week 🐦
This week's Tweet of the Week comes from Eric Pacifici, aka the SMB Attorney on X. Eric is an M&A attorney who helps individuals buy, sell, and operate profitable SMBs.
"Qualified Small Business Stock" or "QSBS"
The most powerful wealth building tool in business today!
What is it?
Lets find out... a THREAD:
— SMB Attorney (@SMB_Attorney)
1:04 PM • May 2, 2024
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DISCLAIMER: This newsletter is for informational purposes only and should not be considered financial advice. It offers analyses of businesses without endorsing any specific financial actions. Readers are advised to do their own research and consult a professional before making investment decisions.