⚡ TL;DR:
5 deals: Residential Electrical ($285K SDE, 6.5x DSCR), Pain Management Practice ($1.5M SDE, RE included), 5-Location Gas Station Portfolio ($405K SDE), HVAC Co. ($331K SDE, seller financing), IT
Managed Services (80% recurring, $530K EBITDA)
Prices range from $299K to $6.0M from businesses across California, New Jersey, Arkansas, Colorado, and the Western U.S.SBA Personal Guarantee Requirements: What's actually at risk, who has to sign, and 5 strategies to manage your exposure
📊 Newly Listed Deals
⚡ Residential Electrical Services
Residential electrical services business in San Francisco, California, established in 2015. Provides troubleshooting, repairs, lighting upgrades, panel work, safety inspections, and other essential electrical services. Revenue comes from a balanced mix of service calls, upgrade projects, and repeat customers. Four employees with established scheduling processes and customer management systems. Suitable for owner-operator or manager-led structure.
📍 Location: San Francisco, CA
💰 Asking Price: $299K
💼 SDE: $285K
📊 Revenue: $1.1M
📐 SDE Margin: 25.9%
🧮 Estimated DSCR: 6.5x
💵 Estimated Cash Flow After Debt Service: $241K
ℹ️ Source: BusinessesForSale.com
⏰ Listed: 1 Day Ago
Business Highlights:
1.0x SDE multiple and 0.3x revenue multiple on a 10-year-old electrical services business. Exceptional value entry point
$1.1M revenue with 4 employees and established systems for scheduling, customer management, and field operations
Balanced revenue mix across service calls, upgrade projects, and repeat customers. Consistent cash flow throughout the year
Licensed electrical services in the San Francisco market, where demand remains strong and barriers to entry (licensing, permitting) limit competition
Growth paths include expanded marketing, additional technicians, and increased service capacity. Manager-led structure is feasible
💡 EBIT Take: $299K for an electrical business doing $1.1M in revenue with $285K SDE. The 1.0x multiple is as cheap as it gets for a licensed trade. 6.5x DSCR means you're printing money from day one on SBA terms. The question is why it's priced this low. Dig into whether the SDE is overstated, whether the license transfers, and what the owner's role actually is.
🏥 Pain Management & Radiology Practice
Established multi-site pain management and interventional radiology practice operating across three locations in New Jersey and New York. Grown from a single practitioner to a team of three providers offering traditional pain management (epidurals, facet injections, nerve blocks) alongside advanced in-office interventional radiology procedures. Clinical volume: 60 patients/week (physician), 40 evals/week (NP), 15–20 interventional procedures/month. 100% outpatient. Two NJ facilities are owned, one NY location is leased.
📍 Location: New Jersey / New York
💰 Asking Price: $6.0M
💼 SDE: $1.5M
📊 Revenue: $2.9M
📐 SDE Margin: 51.6%
👤 Owner Involvement: Active
🧮 Estimated DSCR: 1.9x (Blended)
💵 Estimated Cash Flow After Debt Service: $723K
ℹ️ Source: Synergy Business Brokers
⏰ Listed: 1 Day Ago
Business Highlights:
51.6% SDE margin on $2.9M revenue with a differentiated clinical model combining traditional pain management and in-office interventional radiology. Few practices offer both under one roof
Payer mix: Medicare 60%, Personal Injury 30%, other insurance/self-pay 10%. Diversified across three reimbursement channels with strong PI margins
Two owned NJ facilities (including a recently purchased 3,000 sq ft building being developed into a dedicated procedure suite) plus one leased NY location (2,000 sq ft, MTM with conversion option). Real estate included in asking price
Embolization services (GAE for knee osteoarthritis, shoulder embolization) represent a significant growth area with plans to expand into uterine, plantar fasciitis, and prostate applications
Key staff have nonsolicitation agreements, NP handles 40 evals/week independently, and written treatment protocols reduce provider dependency. Founding physician leads clinically
💡 EBIT Take: The 51.6% SDE margin is exceptional for a medical practice, but the gap between SDE ($1.5M) and EBITDA ($900K) means ~$600K in owner compensation is baked in. The real question is provider dependency. The founding physician sees 60 patients/week. With owned real estate included, the $6.0M ask at a 4.0x SDE multiple (6.7x EBITDA) is reasonable if the clinical volume holds through transition. The embolization expansion is a genuine growth story. Verify referral source concentration and whether the physician plans to stay post-close.
⛽ 5-Location Gas Station Portfolio
Portfolio of five operating gas stations in established Arkansas markets, including branded and unbranded locations plus one unbranded site. Combined fuel volume of 1.77M gallons (March–December reporting) averaging 260K gallons per site annually. Fuel drives traffic while inside sales ($3.1M combined), lottery commissions, ATM income, and rental income contribute to overall profitability. Lean staffing model with one employee per shift, minimal owner involvement, and employees handling day-to-day operations.
📍 Location: Arkansas
💰 Asking Price: $900K
💼 SDE: $405K
📊 Revenue: Inside Sales: $3.1M; Fuel Volume: 1.77M Gallons
👤 Owner Involvement: Minimal
🧮 Estimated DSCR: 3.1x
💵 Estimated Cash Flow After Debt Service: $274K
ℹ️ Source: HedgeStone Business Advisors
⏰ Listed: 4 Days Ago
Business Highlights:
5 locations at $900K total ($180K per site) with $405K portfolio cash flow. 2.2x asking multiple across the bundle
Fuel margins range from $0.20 to $0.40/gallon depending on site. $3.1M in inside sales (March–December) is where the real margin lives
Lean staffing at one employee per shift across all sites with stable retention. Ownership provides periodic oversight only
13 total dispensers, diesel available at select locations. $483K annual rent across the portfolio, double-walled tanks with annual inspections and third-party maintenance
Cash flow varies significantly by site ($26K–$174K per location). Approximate fuel deposits of ~$150K total required across all five sites
💡 EBIT Take: $900K for a 5-location gas station portfolio generating $405K cash flow is a clean 2.2x multiple. The site-level cash flow spread ($26K to $174K) tells you there's at least one underperformer worth evaluating closely. Inside sales are the margin driver here, not fuel. Verify whether leases are assignable and on what terms before modeling the deal.
❄️ HVAC & Refrigeration Co.
HVAC and refrigeration company established in 2021 in Grand Junction, Mesa County, Colorado. Full-service solutions including repair, installation, replacement, and maintenance for residential, commercial, and industrial clients. Two employees, experienced team, strong customer relationships in a growing community. Seller financing available. Selling for personal matters.
📍 Location: Grand Junction, CO
💰 Asking Price: $575K
💼 SDE: $331K
📊 Revenue: $954K
📐 SDE Margin: 34.7%
🧮 Estimated DSCR: 3.9x
💵 Estimated Cash Flow After Debt Service: $247K
ℹ️ Source: Transworld Business Advisors
⏰ Listed: 3 Days Ago
Business Highlights:
34.7% SDE margin on $954K revenue with a 1.7x asking multiple. Strong unit economics for a 4-year-old HVAC operation
$10K FF&E included, $913/month rent, no inventory. Extremely low fixed cost base
Residential, commercial, and industrial client mix across repair, install, replacement, and maintenance. Multiple revenue channels from a small team
Growth opportunities include high-efficiency equipment installs, additional service trucks, expanded staffing, and marketing investment
Seller financing available for qualified buyers with 4-week training/transition period
💡 EBIT Take: Sub-$600K for an HVAC business doing $954K revenue at nearly 35% margins with seller financing on the table. The 3.9x DSCR is one of the strongest in this batch. Only 4 years old, so verify how much of the customer base is relationship-driven vs. systems-driven before assuming retention through transition.
💻 IT Managed Services Provider
IT managed services provider based in the Western U.S., serving over 70 active accounts. Nearly 80% of 2024 revenue is recurring, with the balance from hardware sales, labor, and related items. Capabilities span asset management, monitoring, maintenance, cybersecurity, software licensing, network infrastructure design and installation, and telecommunications. Core W-2 team supplemented by specialized subcontractors. Management will remain through transition.
📍 Location: Western U.S.
💰 Asking Price: Not Disclosed
💼 SDE: $530K
📊 Revenue: $1.6M
📐 SDE Margin: 33.1%
👤 Owner Involvement: Active (Management Willing to Stay)
🧮 Estimated DSCR: N/A
💵 Estimated Cash Flow After Debt Service: N/A
ℹ️ Source: Generational Equity
⏰ Listed: 4 Days Ago
Business Highlights:
~80% recurring revenue on $1.6M topline with 33.1% EBITDA margins. Predictable, contract-based income from 70+ active accounts
Client servers hosted within the company's managed data center, creating deep integration and high switching costs
W-2 core team plus specialized subcontractors allows workforce scaling with demand. Flexible cost structure
All growth to date from word-of-mouth and client referrals. No formal marketing spend, making structured demand gen an obvious lever
Management willing to remain through and potentially beyond transition. NDA required for financials and asking price
💡 EBIT Take: 80% recurring revenue and a managed data center hosting model that embeds the business into client operations. That's a strong retention profile. At 33% EBITDA margins on $1.6M, the question is what they're asking. MSPs in this range typically trade at 4-6x EBITDA. Get behind the NDA and evaluate client concentration across those 70 accounts.
📋 SBA Personal Guarantee Requirements: What's Actually at Risk
Every SBA 7(a) loan requires an unlimited personal guarantee. Most buyers spend months analyzing the business and roughly fifteen minutes reading the guarantee language before signing.
This piece breaks down who has to sign, what assets are exposed (and which are protected), how the default and recovery process actually works, and five strategies to manage your exposure before and after closing.
Use this guide to know what you’re signing before you get to the closing table.
Disclaimer: Educational content only - not investment advice. Listings from third-party sources, accuracy not guaranteed. Do your own due diligence. Consult professionals before making decisions.
