📢 Deal Alert - Demolition Business with 36% EBITDA Margins & 4 more

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-Harry & Carter

Table of Contents

• Demolition Services Business

• Home Health Services Business

• Custom Stonework Business

• Mobile MRI Services

• Construction Equipment Rental & Repair

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1. Demolition Services Business

• Location: Phoenix, AZ

• Asking Price: $1,200,000

• EBITDA: $962,651

• Multiple: 1.25x

• Revenue: $2,700,457

• EBITDA Margin: 36% 

• Employees: N/A

• List Date: 6/2/2024 

• Reason for selling: N/A 

💬 Harry & Carter’s thoughts:

This demolition business has seen significant revenue growth over the past few years and appears well-positioned for continued success. The demolition services industry is experiencing steady expansion, driven by increased demand in the residential and commercial construction markets. This sector is vital for initiating construction projects, making it a resilient and essential component of the building process. The attractive profit margins and low purchase multiple make this an appealing opportunity, although further analysis is required to fully assess the deal's value.

• Rapid revenue growth: $0.6M in 2021 to $2.7M in 2023

• Comprehensive demolition services

• Residential, commercial & industrial clients

❓️What is the customer concentration for this business?
❓️How many full-time employees?
❓️What is the average project size?

Inquire:

Link to listing here

Broker: Sunbelt of Phoenix

Contact: 602-269-3251

2. Home Health Services Business

• Location: Las Vegas, NV

• Asking Price: $1,750,000

• EBITDA: $503,000

• Multiple: 3.5x

• Revenue: $1,743,000

• EBITDA Margin: 29% 

• Employees: 5

• List Date: 6/1/2024 

• Reason for selling: Owner moving to CA

💬 Harry & Carter’s thoughts:

Despite having only six years of operating history, this business has been profitable since its inception in 2019. With 29% profit margins, it maintains a healthy cushion to withstand cyclical volatility. The company is fully staffed with a seasoned Director of Nursing, HR Manager, and Administrator, and is fully accredited and approved for Medicare, Medicaid, federal grant programs, and VA programs. With just over $500k in EBITDA, this looks like a great opportunity.

• 5 experienced employees

• Medicare, Medicaid approved

• $175,000 down payment

• 90% positive patient feedback

❓️What specific health services does this company specialize in?
❓️What is the current owner’s involvement with the day-to-day operations?
❓️What is the competitive landscape for home health services in the Las Vegas area?

Inquire:

Link to listing here

Broker: Sunbelt of Las Vegas

Contact: 702-714-0229

3. Custom Stonework Business

• Location: Travis County, Texas

• Asking Price: $6,100,000

• EBITDA: $1,400,000

• Multiple: 4.4x

• Revenue: $8,150,000

• EBITDA Margin: 17%

• Employees: 26

• List Date: 6/1/2024 

• Reason for selling: Retirement 

💬 Harry & Carter’s thoughts: 

This stone fabrication and retail business offers custom countertops, vanities, and flooring from a 16,000-square-foot facility owned by the seller (available for lease). With steady growth in the granite and stone industry, driven by demand for durable and aesthetically pleasing materials, the company serves homeowners, builders, interior designers, and commercial developers. Given that the deal exceeds the SBA loan limit by $1.1 million, we're interested in exploring if the seller would consider holding a note for this amount, allowing the buyer to finance the remainder through the SBA.

• Diverse client base

• 18 years of operating history

• FF&E: $1,000,000 (included in asking price)

• 26 employees

❓️Are there any licenses required for the new owner?
❓️What is the product/service revenue breakdown?
❓️What is the owner’s role in the business?

Inquire:

Link to listing here

Broker: Jake Wawrzyski

Contact: 210-542-4318

4. Mobile MRI Service Business

• Location: Lower Midwest

• Asking Price: $1-2.5m

• EBITDA: $381,000

• Multiple: N/A

• Revenue: $1,700,000

• EBITDA Margin: 20%

• Employees: 1-3 

• List Date: 5/29/24 

• Reason for selling: Moving

💬 Harry & Carter’s thoughts: 

We strongly believe that the home-health industry will continue to thrive, driven by tech-enabled solutions and favorable demographic trends. This mobile MRI company is well-positioned to capitalize on both of these opportunities. The business provides medical imaging diagnostic services to doctors' and chiropractors' offices using machines mounted in mobile trailers. This unique business model seems intriguing and worth exploring further.

• Unique business model

• Healthy margins

• Operates in over 25 locations

❓️How many trailers and MRI machines are there?
❓️What are maintenance costs associated with the equipment?
❓️What is the owner’s role in the business?
❓️What are the licenses associated with operating this business?

Inquire:

Link to listing here

Broker: Global BX

Contact: N/A

5. Construction Equipment Rental & Repair

• Location: Palm Beach, FL

• Asking Price: $950,000

• EBITDA: $218,195

• Multiple: 4.4x

• Revenue: $786,186

• EBITDA Margin: 28% 

• Employees: 6

• List Date: 5/29/24

• Reason for selling: Retirement 

💬 Harry & Carter’s thoughts: 

For over 65 years, this company has specialized in rental and repair services for construction equipment. We love equipment rental businesses, and this one is no exception. Approximately 60% of its customers are professional contractors, while 40% are residential homeowners. The company has over $700K in inventory, encompassing a wide range of large and small construction equipment, landscaping tools, and other equipment. Additionally, the company operates a commission-based U-Haul rental site on the premises. While a 4.4x EBITDA multiple seems high for a business of this size, we'd need more financial data to conduct a thorough evaluation.

• 60% contractors, 40% residential homeowners

• On-site repair services

• 700K in inventory

• 6 employees

❓️How much is the real estate worth?
❓️Do you have contracts with clients or just relationship based?
❓️How long does this equipment last before it needs to be replaced?

Inquire:

Link to listing here

Broker: Martin Berliant

Contact: N/A

Thanks for reading and don’t hesitate to reach out! - Harry & Carter

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