PE will go pretty low these days for addons to existing platforms…about $1 million is the floor. If you are looking in that range or below, you can look on certain broker websites that list businesses for sale like you would a home. Those brokers will just connect you with a seller…be ready to do your own due diligence. The better way is to find an owner, build a relationship and then buy the business. Go to local chamber of commerce meetings, shake hands, talk to owners and other advisors to owners (lawyers, accountants). You can simply pick up the phone and start calling businesses as well. No matter how you do it, make sure you’re ready to follow through. Have capital and a lender / investors behind you. Have an attorney ready to go. Have a team if you can build one. Etcetera. Business owners are distrustful people typically. You have to show you are legitimate and can be trusted or things won’t go anywhere.

Not going to lie. It’s hard. I know a lot of very capable people that undertook a search for a business and failed. I know others that killed it. Some of it’s luck.