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Established Moving Business w/ $731K Annual SDE 📦
Under the Radar Weekly Deals

Discover Top SMBs for Sale
👋 Hey fellow searchers,
Hope you had a great weekend and welcome back to Under the Radar!
Let’s get right into it.
This week’s issue features:
👷🏽 Indoor plastering company w/ $640K annual SDE
📦 Established moving business w/ $731K annual SDE
🧼 Commercial cleaning company w/ $1.6M annual revenue
Hot Deals 🔥
Analyses of the best deals we found across top marketplaces and brokerages.
#1. Indoor plastering company w/ $640K annual SDE
🏷️ Asking Price: $1,800,000
📍 Location: Monterey County, CA
Overview: With over 40 years of operation, this indoor plastering company has cemented its position as a trusted name in upscale construction and renovation, especially in affluent areas like Carmel and Pebble Beach. Boasting a highly skilled workforce of 25 full-time employees and a flexible subcontractor pool of 25-30 workers, this business specializes in high-end residential projects, delivering superior craftsmanship that keeps customers coming back. Its efficient operations, loyal client base, and strong margins offer a rare turnkey opportunity. This business is fully operational with well-established systems, ample equipment storage space on a leased residential property, and significant ongoing contracts to provide cash flow from day one. The retiring owner is offering training support for a seamless transition.
Key Highlights ✅
~$3.82M revenue
~$640K annual SDE
Seller financing (up to $1.3M)
25 employees
Growth Avenues 🚀
Introduce complementary services such as decorative finishes or stucco repair to attract new clients.
Explore opportunities in the commercial construction sector to diversify income streams.
Potential Risks 🚩
Maintaining quality and consistency when relying on a pool of subcontractors could be a concern.
Ensuring the smooth transfer of the company’s reputation and relationships post-owner retirement will require careful management.
Questions❓
How do clients typically find the business (e.g., referrals, direct marketing, partnerships)?
What are the key strategies in place for retaining full-time workers and managing subcontractor relationships?
What does the current backlog of work look like, and what is the value of ongoing contracts?
#2. Established moving business w/ $731K annual SDE
🏷️ Asking Price: $2,500,000
📍 Location: Utah
Overview: This moving company has been a reliable provider of relocation services in Utah for over a decade, serving both residential and commercial clients. The business stands out in a rapidly growing region with a strong social media presence and an impressive history of positive customer reviews. Its comprehensive service offerings include local and long-distance moves, packing, and installation. With 15 full-time and 2 part-time employees, a seasoned team is in place to ensure operations continue seamlessly. The seller is relocating and willing to provide training during the transition, making this a turnkey opportunity for a new owner to capitalize on.
Key Highlights ✅
~$1.78M annual revenue
~$731K annual SDE
17 employees (15 FT, 2 PT)
$200K FF&E (included)
$3K inventory (included)
Growth Avenues 🚀
Add vehicles to the fleet to handle increased demand and optimize scheduling.
Partner with real estate firms, apartment complexes, or businesses for recurring contracts.
Potential Risks 🚩
Revenue may fluctuate due to the seasonality of the moving industry, particularly during slower winter months.
Maintaining a reliable team in a labor-intensive industry could present challenges.
Questions❓
What percentage of revenue comes from repeat clients or corporate accounts versus one-time customers?
What is the age and condition of the moving vehicles? Are there upcoming maintenance or replacement needs?
What are the conversion rates and ROI from social media marketing efforts?
#3. Commercial cleaning company w/ $1.6M annual revenue
🏷️ Asking Price: $1,250,000
📍 Location: North Carolina
Overview: This fast-growing commercial cleaning and janitorial business has built a premium client base in just a few years, offering high-quality services that stand out in the competitive cleaning industry. With two operating managers and a fully trained janitorial team in place, the business is structured for continued success. It focuses primarily on commercial cleaning contracts, supplemented by specialty and post-construction cleaning services, which provide additional revenue streams. The absence of a franchise model and no single client representing more than 8% of revenue make this a diversified and investment opportunity.
Key Highlights ✅
~$1.6M annual revenue
~$410K annual SDE
Diversified revenue
2 operating managers
Growth Avenues 🚀
Expand into underserved areas in the region, leveraging the business’s established systems and reputation.
Launch loyalty incentives or multi-year contracts to lock in existing clients and stabilize revenue further.
Potential Risks 🚩
Maintaining a consistent and well-trained janitorial team in a labor-intensive industry could pose challenges.
Rapid onboarding of additional buildings may strain operational capacity without careful planning.
Questions❓
How long are the existing client contracts, and are they renewable or transferable to a new owner?
What measures are in place to retain and motivate the janitorial team, and how is turnover managed?
What are the specific roles of the two operating managers, and what level of support will they provide post-sale?
Other Hot Deals 🔥
Radar Picks 📡
Bit-sized reads featuring insights and fresh perspectives
Tweet of the Week 🐦
This week’s featured tweet comes from SMB Attorney, who weighs in on the rise of Entrepreneurship Through Acquisition (ETA) and the realities of buying a small business. While ETA is gaining traction online, the thread separates serious buyers from the “businesstainment” crowd, shedding light on the real skillsets and strategies needed to succeed. Check it out👇
It's fun to watch ETA (entrepreneurship-through-acquisition) go mainstream.
We've obviously been talking about this for years.
We've supported multiple billion dollars (closed and not) of these transactions at @smblawgroup.
That said, those people shouting "we're at the top"… x.com/i/web/status/1…
— SMB Attorney (@SMB_Attorney)
2:40 PM • Dec 7, 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.