Australian SMB Deal Intelligence
ThatDeal tracks broker listings, normalises asking prices and profit multiples, builds anonymised comps, and turns promising targets into broker-call intelligence reports.
What the data reveals
Broker sites are fragmented and inconsistent. ThatDeal watches the listing layer daily, extracts the financial signals, and builds anonymised comps you can search before spending time on calls, NDAs, and information memorandums.
| Sector | Region | Asking | Profit | Multiple | Signal |
|---|---|---|---|---|---|
| Hospitality | Perth Metro | $250K-$750K | Often undisclosed | n/a | Disclosure gap |
| Service | WA / QLD | $500K-$1.5M | $150K-$450K | 2.0-3.5× | Searchable comp |
| Manufacturing | National | $1M-$5M | More likely disclosed | 2.4× median | Benchmarkable |
| Accommodation | Regional | $750K-$3M | Mixed quality | Deal-specific | Needs call |
Track every business you are chasing — from first shortlist through broker call, confidentiality agreement, information memorandum, and offer — with the comps, the broker, and your next follow-up attached to each deal. No more spreadsheets, sticky notes, or forgotten callbacks.
The dataset tells you what is worth attention. The service layer saves the hours: ThatDeal sends interesting deals, prepares the market context, rings brokers during business hours, and turns the call into a buyer-ready brief.
Saved searches and weekly signals surface sectors, regions, and asking multiples that fit your acquisition thesis.
When a listing clears the first screen, we call during business hours and ask the questions busy buyers do not have time to chase.
Each report combines market comps, disclosure gaps, broker comments, and red/yellow/green flags so you can move forward or move on.
Live demo · 90 seconds
Play the broker for ninety seconds. Our AI buyer-agent rings your phone and runs the exact interview we put to real brokers — the questions, the follow-ups, the lot. Hear the product before you pay a cent for it.
Every broker publishes different information
One listing shows profit, another hides it, another is already sold. Buyers are forced to compare messy fragments.
There is no comps layer for small deals
A $900K Perth service business at 3.4× profit means nothing until you know what similar listings have asked over time.
Calls come too early in the workflow
You should know the benchmark, disclosure gaps, and likely questions before you spend lunch chasing a broker.
"I don't need another listing site. I need to know whether this asking multiple is normal, which brokers hide the numbers, and which deals are worth calling about this week."— Search fund buyer, Australia · $500K-$5M target range
Buying a business shouldn't eat every lunch break chasing brokers who never ring back. So we flipped it around: see the whole market first, make the calls last, and only on the deals that earn it.
Every broker lists differently and half of them bury the numbers. We pull it all into one place — asking price, profit, the multiple, what's already sold — so you can size up a deal in seconds instead of a wasted afternoon.
Updated daily
Shortlist anything that fits and run it from one board — first look, broker called, CA signed, IM in, offer out. No spreadsheets, no sticky notes, no "wait, did I ever hear back on that one?"
Your deal pipeline
When a deal earns a closer look, we make the call you don't have time for — ask the awkward questions, check it against the comps, and send back a plain red, yellow, or green read on whether it's worth your weekend.
Broker calls on demand
Basic
per month · billed monthly
A personal deal pipeline plus weekly market signals for buyers who want to run their Australian SMB search in one place.
Premium
per month · billed monthly
Searchable comps plus broker-call reports for serious buyers actively evaluating opportunities.
Pro
per month · billed monthly
Unlimited intelligence for serial acquirers, search funds, and small PE teams that need a private market workflow.