What is A ‘Business for Sale’ Advertisement? Unlike typical advertisements for real estate on the MLS or other websites, advertisements for businesses are confidential and do not disclose the actual name or specific location of the business being advertised. They are commonly referred to as ‘blind ads’ because they are confidential advertisements that protect the … Read more
Absentee Owned Businesses in South Florida When it comes time to selling a business, it is very helpful to understand to what degree the business is absentee owned, and how the degree of absenteeism will affect the sales process. A totally absentee owned business is very unique because the owner has managed to create (or … Read more
Selling Auto Repair Shops Auto repair businesses can be very profitable and rewarding for a savvy owner-operator. Most auto repair shops are generally viewed as recession-resistant and fairly insulated from new competition due to restrictive zoning laws. Seen as steady income-producing assets, there are many types of buyers seeking to purchase auto repair companies in … Read more
Selling A Business Online A business owner who wishes to sell their business online on their own may be in for a rude awakening. A ‘for sale by owner’ (FSBO) transaction, which does not have the the benefits of involving a professional business broker, faces a daunting task. It is difficult if not impossible for … Read more
Locate the Right Business Broker in Florida Finding a local business broker in Florida to sell a business is not an easy task. It may even seem overwhelming for the uninitiated business owner who only has had limited experience in dealing with residential real estate agents. The right business broker should be a licensed professional … Read more
How Much is Your Business Worth? The most important factor to consider in selling their business for the majority of business owners is the potential purchase price they can realistically realize from the sale. No two businesses are exactly alike, and a professional business broker must evaluate a business properly in order to determine its … Read more
Selling Pool Routes Most homeowners in South Florida prefer to let a professional pool service company handle the cleaning and chemical maintenance of their pool. Pool service companies differ from pool builders as pool service routes focus on service and maintenance rather than new construction or remodeling. Most owners of pool routes sell their business … Read more
Valuation Based on Owner Benefit The valuation of most businesses is based on a multiple of the most recent annual adjusted owner benefit of the business. Determining the adjusted owner benefit (or true economic profits derived by a working owner) is tricky and requires careful analysis. An accurately adjusted owner benefit enables the buyer to … Read more
Locating Right Business Broker Finding the right business brokerage company is an absolutely critical part to a business seller’s exit strategy. The selling process with a business broker should not entail any up front costs since any reputable business brokerage firm will be glad to give a free comprehensive business evaluation as part of the … Read more
What Assets to Include in Business Sale? All business owners should be aware of what to expect when it comes time to sell their business. A key aspect of what to expect includes understanding what is or is not included in the sale. This way the seller will be armed with the correct knowledge and … Read more