📢 Deal Alert - A restaurant supplies wholesale distributor & 4 more

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-Harry & Carter

🧩SMB Trivia: What percentage of small businesses are owned by veterans?
(Answer at bottom of newsletter)

Table of Contents

• Restaurant Supplies Wholesale Distributor

• Landscaping Business

• Demolition Services Business

• Plumbing Services Company

• Remote Research Agency

1. Restaurant Supplies Wholesale Distributor

• Location: Charlotte, NC

• Asking Price: $925,000

• EBITDA: $280,000

• Multiple: 3.3x

• Revenue: $4,500,000

• EBITDA Margin: 6% 

• Employees: 9 Full Time

• List Date: 8/13/24 

• Reason for selling: Retirement

💬Harry & Carter’s thoughts:

This food service supply distributor, with over 40 years of history, has consistently generated stable revenue. Located in Charlotte, North Carolina, the business operates out of a 17,500 square-foot facility and serves customers within a 150-mile radius. The company focuses on disposable paper/plastic supplies, tableware, barware, and related products. With annual revenue of $4.5 million, the company maintains a strong position in the market despite competition.

• Established in 1975

• Retiring owner

• 9 employees

❓️Are there contracts in place with customers?
❓️What are the growth opportunities?
❓️What is the owner’s role in the business?

Inquire:

Link to listing here

Broker: Steve Stein

Contact: N/A

2. Landscaping Business

• Location: Naples, FL

• Asking Price: $450,000

• EBITDA: $205,000

• Multiple: 2.2x

• Revenue: $1,410,000

• EBITDA Margin: 17% 

• Employees: 6

• List Date: 8/14/24 

• Reason for selling: Retirement

💬Harry & Carter’s thoughts:

It doesn’t get much better than a landscaping business in Florida with recurring revenue. Services include routine lawn maintenance, outsourced ornamental pest control, as well as tree and irrigation work, generating approximately $54,500 in monthly recurring revenue. Included in the sale are four fully equipped truck and trailer rigs. The business is currently absentee owned.

• Recurring revenue (55k/month)

• Year-round demand for services

• Well-maintained equipment

❓️What is the average customer ticket size?
❓️What is the current geographic footprint of the business?
❓️What does the competitive landscape look like?

Inquire:

Link to listing here

Broker: BizMLS

Contact: NA

3. Demolition Services Business

• Location: South Dakota

• Asking Price: $1,600,000

• EBITDA: $499,000

• Multiple: 3.2x

• Revenue: $1,710,000

• EBITDA Margin: 28%

• Employees: 6

• List Date: 8/12/24 

• Reason for selling: Retirement

💬Harry & Carter’s thoughts:

This company focuses on large-scale demolition projects, primarily within a 60-mile radius. The company operates with specialized equipment that gives it an edge over its competition, allowing the company to take on projects that others generally cannot. The company has a strong track record of working with many of the top construction firms in the region, developing a solid relationship with these companies. The owner currently chooses to work only 5-10 hours per week.

• 28% EBITDA margin

• FF&E: $1,545,360 (included)

• Owner is looking to retire

❓️Who are the biggest competitors?
❓️What are the owners’ roles in the day-to-day operations?
❓️Are most of the jobs bonded?

Inquire:

Link to listing here

Broker: Murphy Business Sales

Contact: (605) 275-6464

4. Plumbing Services Company

• Location: Los Angeles

• Asking Price: $450,000

• EBITDA: $300,000

• Multiple: 1.5x

• Revenue: $1,500,000

• EBITDA Margin: 20%

• Employees: 6

• List Date: 8/13/24

• Reason for selling: Retirement

💬Harry & Carter’s thoughts:

Established in 2012, this plumbing business serves the Los Angeles metro area. In 2023, the business generated gross revenue of $1,300,000, with a projection to reach $1,500,000 in 2024 (reached 750k in H1 2024). The net income stands at $300,000, with additional add-backs totaling $60,000. The company handles 8-10 service calls per day and employs 4 plumbers, 1 helper, and 1 office staff member.

• 4 technicians

• 20% EBITDA margin

• Price includes 9 trucks

❓️What are the licenses needed to operate this business?
❓️What is the customer concentration?
❓️What is the owner’s role in the business?

Inquire:

Link to listing here

Broker: BusinessBroker.net

Contact: N/A

5. Remote Research Agency

• Location: Remote

• Asking Price: $2,200,000

• EBITDA: $700,605

• Multiple: 3.1x

• Revenue: $1,296,067

• EBITDA Margin: 54%

• Employees: 1 W2, 50 contractors

• List Date: 8/13/24 

• Reason for selling: Unknown

💬Harry & Carter’s thoughts:

This fully remote research agency offers a steady revenue stream and consistent client base. The business, which is SBA pre-approved, provides specialized research services across various industries. Operating efficiently with a remote team, the agency has minimal overhead costs and high profitability. This presents a great opportunity for a new owner to take over a thriving business with a well-established operational model. The asking price at 3.1x EBITDA is competitive, considering the solid financial performance and growth potential.

• 50% net margins

• Projects range from $10k to $300k

• 30 years of experience

• SBA pre-approved

❓️What is the customer concentration?
❓️What does the competitive landscape look like?
❓️Why is the owner selling?

Inquire:

Link to listing here

Broker: Business Exits

Contact: N/A

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

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