Medical Transport Biz w/ $932K Annual SDE 🚑

Under the Radar Weekly Deals

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👋 Hey fellow searchers,

Welcome back to Under the Radar. As we observe Veteran’s Day today, we want to take a moment to honor and thank those who have served. Your sacrifices don’t go unnoticed!🇺🇸

Now, let’s get right into it!

This week’s issue features:

  • 🌺 Established floral distributor w/ $6.1M revenue

  • 🚑 Medical transport biz w/ $932K annual SDE

  • 🔨 Commercial flooring co. w/ $538K annual SDE

Hot Deals 🔥

Analyses of the best deals we found across top marketplaces and brokerages.

#1. Established floral distributor w/ $6.1M revenue

🏷️ Asking Price: $1,695,000

📍 Location: Miami-Dade County, Florida

Overview: This established wholesale floral distributor in Miami-Dade County supplies major supermarket chains throughout the region. With a stable, recurring client base and low overhead, the business is well positioned for easy management and consistent cash flow. Currently operating out of a 1,300 sq. ft. leased standalone building, the seller is ready to retire and will provide four weeks of training to support a smooth transition.

Key Highlights

  • ~$6.1M revenue

  • ~$571K annual SDE

  • $20K FF&E (included)

  • 7 employees

  • $2,400/month rent

Growth Avenues 🚀

  • By reaching out to additional supermarket chains and independent grocers, a new owner could significantly increase distribution volume.

  • Establishing an online presence and digital marketing strategy may open up B2B sales channels and attract a wider range of clients beyond the current regional market.

Potential Risks 🚩

  • A significant portion of revenue comes from supermarket chains. Losing a major client could impact cash flow.

  • Seasonal and international supply chains for flowers may be vulnerable to disruptions, which could affect product availability and pricing.

Questions❓

  • How is inventory managed, particularly with seasonal fluctuations and perishable goods?

  • What percentage of revenue is generated from each major client, and are there long-term contracts in place?

  • How stable is the supply chain, and are there multiple suppliers to mitigate risk?

#2. Medical transport biz w/ $932K annual SDE

🏷️ Asking Price: $2,900,000

📍 Location: Central Illinois, IL

Overview: This established medical transport business has been run by its original owner for over 30 years. Specializing in non-emergency medical transportation, particularly for dialysis and methadone patients, the company has built a strong reputation and a loyal client base, with 60% of clients being repeat customers. Operating within a 125-mile radius, the business is fully equipped with a fleet of 13 vehicles, a digital dispatch system, and an 8-bay shop on 1.2 acres of owned property. With the owner seeking retirement, this profitable operation presents an opportunity to step into a high-demand market with room for expansion.

Key Highlights

  • ~$1.67M annual revenue

  • ~$932K annual SDE

  • 13 vehicles (included)

  • $450K RE (included

  • 14 employees

Growth Avenues 🚀

  • Extending the operating radius could capture additional demand in neighboring communities, further increasing revenue potential.

  • Building more direct contracts with hospitals, rehab centers, and other healthcare providers could secure a steady flow of new clients.

Potential Risks 🚩

  • Medical transport businesses are subject to specific regulations, and any changes could impact operational requirements or costs.

  • With 14 full-time employees, the business relies on a stable workforce; any challenges in hiring or retention could affect service consistency.

Questions❓

  • What are the age, condition, and maintenance records for each vehicle in the fleet?

  • How are contracts structured with key clients, and are these agreements transferable to new ownership?

  • What specific roles and responsibilities does the owner currently handle in their 10 hours per week?

#3. Commercial flooring co. w/ $538K annual SDE

🏷️ Asking Price: $1,700,000

📍 Location: Dane, WI

Overview: This reputable commercial flooring company has a solid base of recurring clients and a skilled team of managers and installers. Known for its reliable service and established processes, the business continues to see steady growth in both revenue and cash flow. The owner has invested in strong systems and equipment to support smooth operations, making this an attractive opportunity for new ownership. The real estate, which includes a warehouse, showroom, and office space, is available for lease or purchase ($2.5M).

Key Highlights

  • ~$4.71M annual revenue

  • ~$538K annual SDE

  • $140K FF&E (included)

  • $300K inventory (included)

  • Up to 2 years of support

  • 20 employees

Growth Avenues 🚀

  • With the current focus on commercial projects, entering the residential flooring market could capture additional revenue from homeowners in the area.

  • Bringing on a full-time sales professional could help drive new business, attract larger commercial contracts, and reach untapped markets.

Potential Risks 🚩

  • Rising material costs or supply chain disruptions could impact profitability, particularly given the high cost of specialized flooring products

  • As a business tied to construction and renovation, demand may fluctuate based on local economic conditions and trends in commercial property development.

Questions❓

  • What is the breakdown of revenue between recurring commercial clients and one-time projects?

  • How stable is the supply chain, and what vendors or suppliers are critical to operations?

  • What is the average tenure and experience level of the employees, and are there key managers in place?

Other Hot Deals 🔥

Radar Picks 📡

Bit-sized reads featuring insights and fresh perspectives

Tweet of the Week 🐦

This week’s featured tweet from Codie Sanchez dives into the differences between on-market and off-market business deals. Codie breaks down where to look for local off-market opportunities—like Small Business Development Centers and Chambers of Commerce—and shares tips on connecting with retiring owners who may not have a succession plan. Check out the full thread! 👇

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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.