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- Road & parking lot stripping co. w/ $907K annual SDE 🚧
Road & parking lot stripping co. w/ $907K annual SDE 🚧
Under the Radar Weekly Deals
Discover Top SMBs for Sale
👋 Hey fellow searchers,
Hope you had a fantastic weekend and welcome back to Under the Radar! This week, we’re bringing you a double feature: today’s issue, followed by a special edition on Thursday that will dive into the essentials of beginning your SMB search journey.
Now, let’s get right into it.
This week’s issue features:
🪟 Window treatment biz w/ $681K annual SDE
🚧 Road & parking lot stripping co. w/ $907K annual SDE
👷🏽 Precious metals refinery w/ $55M annual revenue
Hot Deals 🔥
Analyses of the best deals we found across top marketplaces and brokerages.
#1. Window treatment biz w/ $681K annual SDE
🏷️ Asking Price: $1,475,000
📍 Location: Collier County, FL
Overview: This established window treatment business has been serving high-end clients for over 28 years, specializing in custom soft treatments, plantation shutters, and Hunter Douglas window fashions. Located in a newly remodeled showroom on a high-traffic main road, the company primarily focuses on retail sales, outsourcing production and installation. The seller is offering four weeks of training at no additional cost to facilitate a smooth ownership transition.
Key Highlights ✅
~$1.98M revenue
~$681K annual SDE
$64K FF&E (included)
Leased RE ($15K per year)
Growth Avenues 🚀
Building an e-commerce platform or expanding digital marketing could attract new clients, particularly in the custom soft treatments market.
Collaborating with local designers and architects could expand the client base and increase brand visibility among upscale clients.
Potential Risks 🚩
Relying on specific suppliers, such as Hunter Douglas, could impact business continuity if costs increase or product availability declines.
Changes in home decor trends could require adaptation in product offerings to stay relevant, which may incur additional costs.
Questions❓
How are relationships managed with production and installation partners, and are these arrangements transferable?
What inventory levels are maintained, and is inventory turnover an issue?
How many employees does the business have and what are their roles?
#2. Road & parking lot stripping co. w/ $907K annual SDE
🏷️ Asking Price: $2,300,000
📍 Location: San Francisco, CA
Overview: This well-established roadway and parking lot striping business has been serving the San Francisco Bay Area for 20 years, offering thermoplastic striping, ADA upgrades, seal coating, and small asphalt repairs. With over 80 clients and additional work in Oregon and Washington, it has a strong regional presence. The seller is offering one year of support to ensure a smooth transition, and there is an option to purchase up to $1 million in accounts receivable along with the business.
Key Highlights ✅
~$4M annual revenue
~$907K annual SDE
$500K FF&E (included)
80+ clients
$250K inventory (included)
17 employees
Growth Avenues 🚀
Pursuing more public sector contracts, especially with increased infrastructure spending, could provide a stable revenue stream.
Implementing digital marketing strategies and a CRM system could strengthen client acquisition and retention by reaching new markets and enhancing customer management.
Potential Risks 🚩
With a significant portion of revenue tied up in accounts receivables, cash flow could be affected if clients delay payments or if receivables are challenging to collect.
As the business pursues public sector contracts, it could face more competition from established providers with specialized government bidding experience.
Questions❓
How stable are the current client contracts, and are there any multi-year agreements?
What is the condition of key equipment, and will any major replacements be needed soon?
What specific role does the owner play in operations, and how will their responsibilities be transitioned?
#3. Precious metals refinery w/ $55M annual revenue
🏷️ Asking Price: $10,995,000
📍 Location: Indianapolis, IN
Overview: This established precious metals refinery serves crematories and cemeteries across the U.S. and Canada, handling post-cremation metals with a service-first approach that ensures transparency and ease for clients. The business, operating out of an 11,500 sqft. leased industrial facility, has built deep client trust through careful handling, sophisticated analysis, and professional affiliations. The current owner is retiring and offers four weeks of training for a smooth transition, with additional training available if needed.
Key Highlights ✅
~$55.39M annual revenue
~$4.24M annual SDE
$497K FF&E (included)
25 employees
$7,600/month rent
Growth Avenues 🚀
Strengthening online presence and targeting specific industry keywords could attract more clients searching for reputable refining services.
Expanding outreach and partnerships to untapped areas in the US and Canada could grow client acquisition.
Potential Risks 🚩
With a focus on post-cremation metal recovery, the business’s revenue relies on the crematory and cemetery sector’s demand, which may fluctuate.
While specific competition details are unclear, potential competitors in the refining and recycling space could challenge market share, particularly if they offer unique or advanced services.
Questions❓
How are relationships managed with clients across the US and Canada, and are these connections transferrable to new ownership?
What portion of revenue is generated from repeat clients versus new clients, and are there any long-term service agreements?
How does the company’s affiliation with professional associations contribute to its client acquisition and brand reputation?
Other Hot Deals 🔥
Radar Picks 📡
Bit-sized reads featuring insights and fresh perspectives
Tweet of the Week 🐦
This week’s featured tweet from Clint Fiore highlights the often-overlooked value of seller financing in small business acquisitions. As Clint and Zach Whitt highlight, a seller note can make all the difference in problem-solving when unexpected issues arise, especially in hands-on businesses. Check out the thread for insights on navigating ownership transitions smoothly! 👇
This is why you want a Seller Note, so the former-owner will answer this 2-minute phone call while he's on the golf course that saves you $1,000 and a bunch of headache.
— Clint Fiore 🦬 DM for Biz Deals (@ClintFiore)
2:03 PM • Oct 25, 2024
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