Archive

Special Edition #001 — One Month, 103 Listings, Eight Categories with Analyzable Samples

Jun 10, 2026

"Special Edition: One month of SBA-range listings reviewed under a new 27-category framework. Eight categories now have sufficient sample size for category-level analysis. Three findings change how the publication will report going forward."

Issue 009 — SBA-range SMB Market, Week of June 8

Jun 9, 2026

"Twenty-seven listings in this week's sample, fourteen in the valid SBA-range count. Median 4.29x. The nine-week rolling mean holds at 4.21x, the most stable stretch in the publication's history."

Deal Diligence #007 — Pain Clinics at 2.50x SDE, Where Cheap Is Not Cheap

Jun 7, 2026

"A Florida pain clinic asking 2.50x SDE. The lowest multiple in this week's valid sample, in a category where Florida specifically maintains the most aggressive enforcement framework in the country. The discount is not what it appears to be."

Issue 008 — SBA-range SMB Market, Week of June 1

Jun 1, 2026

"36 unique listings reviewed, 8 in the valid SBA-range sample. The largest weekly intake produced the smallest valid sample in eight issues."

Deal Diligence #006 — Medical Device Distribution at 6.07x SDE on a 62.5% Margin

May 30, 2026

"Deal Diligence #006: 6.07x SDE looks reasonable. The 62.5% margin says it isn't, until normalized. After normalization, the multiple is 8-12x, the price still works, and the buyer pool changes entirely."

Issue 007 — SBA-range SMB Market, Week of May 25

May 26, 2026

"23 listings, 14 in valid sample. Median 4.78x. The first documented price reduction in the endurance tracker, and Healthcare sub-segmentation hardens at exactly 2x."

Deal Diligence #005 — Legal Practice IA at 0.88x SDE, Three Weeks Unsold

May 24, 2026

"A business asking less than its annual cash flow. Three weeks on the market unchanged. The price is not the problem."

Issue 006 — SBA-range SMB Market, Week of May 18

May 19, 2026

"19 listings, 14 in valid sample. Median 4.07x. The listing-endurance tracker goes live with two businesses now in their third consecutive week."

Deal Diligence #004Telecom Spam Mitigation at 7.30x SDE on a "10-12 Hours a Week" Claim

May 17, 2026

"A telecom business listed at $10M, claiming 10-12 hours a week from anywhere. The claim is the product being sold."

Issue 005 — SBA-range SMB Market, Week of May 11

May 12, 2026

"Sample median 4.50x. One listing asking 0.36x SDE (yes, less than 1x). Four listings now appearing across three or four consecutive issues."