
What is Adjusted Owner Benefit?
Adjusted Owner Benefit The adjusted owner benefit is the standard way by which business brokers express what is commonly perceived as the net profits of
Find the Best Business Broker
Hiring the Best Business Broker The most critical step in selling one’s business is hiring the best possible business broker. The business broker will often
How to Treat Inventory When Selling Your Business
Inventory in Business Sales Inventory is often a key component in the sale of many retail-related businesses. A business’s inventory must be properly valued and
How to Sell A Dry Cleaner Business
Selling A Dry Cleaner Business There has always been a thriving market for the purchase and sale of dry cleaner businesses throughout South Florida. While
How to Sell A Private School
Selling Private Schools In the 2023 school year, about 13% of all students in Florida attended private schools. There ar 2326 private schools in Florida
How to Sell A Retail Business
Selling A Retail Business Many different types of retail businesses are sold in the South Florida market. Retail-oriented businesses sell products or services to the
Prepare Your South Florida Business to Sell in 2023
South Florida Business Climate in 2023 Business owners in South Florida who are thinking of selling their business in 2023 face unique advantages compared to
Direct Communication Between Business Sellers and Business Buyers
Business Sales Are Confidential Unlike real estate transactions, business sales are confidential in nature. This means that the actual identity of the business is kept
How to Sell A ‘Local’ Business
What Is A ‘Local’ Business? Local businesses sell their products or services within a local geographic area . The geographic area of where their customers
Franchise Resales
What is a Franchise Resale? A franchise resale is the purchase of an existing and operating franchised business from a franchisee. A franchisee has the
Three Steps to Take After Selling Your Business
Three Steps to Take After Closing The sale of one’s business can take many months of preparation and stressful negotiations before the actual closing occurs.
Hire the Right South Florida Business Broker
Find Business Broker with Experience and Expertise A business owner that is seeking to maximize the purchase price of their business while maintaining the confidentiality
What are the ‘Intangible Assets’ of A Business?
Businesses Have Tangible and Intangible Assets Businesses have either tangible or intangible assets. Tangible assets include current assets (such as cash or accounts receivables) and
How to Sell Auto Body Shops
Selling An Auto Body Shop An auto body shop is a vehicle repair center that exclusively focuses on fixing a vehicle’s exterior and non-moving parts.
How to Sell Nail Salons
Selling A Nail Salon Nail salons exist in most major commercial shopping plazas in the South Florida area. Some beauty salons offer both hair and
How to Sell a Pizzeria
Pizza Restaurants Make Great Investments In the world of business sales, a pizzeria is generally known as a small Italian restaurant that primarily serves pizza
How to Sell a Home Health Agency
Healthcare Businesses More Valuable in South Florida It is no secret that South Florida has a very large percentage of its populating consisting of seniors
How to Sell A Nurse Registry
What is A Nurse Registry? A nurse registry is a specific type of healthcare company that provides healthcare (or companion care) for patients in their
How to Sell Dance Studios
Dance Studios in South Florida Children oriented dance studios are an increasingly popular venue for parents who indulge their children’s creative whims in a physically
The Business Buyer’s Non-Disclosure Agreement
Non-Disclosure Agreement Protects Seller’s Confidentiality Every South Florida business seller should be aware of how critical it is to have all potential buyers complete and
When Does A Buyer of a Business Gain Exclusivity?
When A Buyer of A Business Gains Exclusivity A buyer of a business legally gains the exclusive right to purchase a business during a specified
Who Should I Contact to Sell My Business?
“The only source of knowledge is experience.” – Albert Einstein Experience Matters in Business Sales Many business owners spend the vast majority of their working
How Accounts Receivables Impacts Business Sales
What Are Accounts Receivables? Accounts receivables represents money that is owed to a business by a customer or payor for services rendered or products sold.
Your Business Exit Strategy
“Plans are of little importance, but planning is essential.” -Winston Churchill Every Business Owner Should Have An Exit Strategy A business exit strategy is the
Are South Florida Business Sales Publicly Disclosed?
Business Sales Different from Real Estate Sales Many business owners who are contemplating the sale of their business may wonder whether the sale will be
Sell Your Business Confidentially
A Confidential Business Sale Requires Experienced Business Broker Today’s business sellers are often very concerned with their confidentiality during the sales process. Most sellers of
How Higher Interests Rates Affect Business Sales
Higher Inflation Means Higher Interest Rates During an economic cycle, the appearance of inflation causes the value of purchasing dollars to fall. Lenders then get
How Business Brokers Should Advertise Seller’s Discretionary Earnings
What is Seller’s Discretionary Earnings? The seller’s discretionary earnings (SDE) or owner benefit of a business is another way of referring to the total annual
How to Sell A “Turnkey” Business
What Is A Turnkey Business? A turnkey business describes a business that is ready to use in its existing condition by a buyer immediately upon
Do Business Brokers Specialize In Specific Types of Businesses?
Business Brokers Generally Do Not Specialize Hiring the right business broker to sell one’s business is a very serious task. The seller of a business
Flipping A Business
What is Flipping A Business? When the real estate market heats up, many investors attempt to flip properties. This is attempted by buying distressed properties
Three Negotiating Tips for Business Sales
Negotiating Business Sales In the course of selling or buying a business, most parties engage in some level of negotiation over the terms of the
How To Sell A Physical Therapy Center
Strong Demand for Physical Therapy Centers in South Florida Physical Therapy clinics provide treatment for patients in need of physical rehabilitation. Common reasons to seek
Valuing Service Businesses Compared to Retail Businesses
What is A Service or Retail Business? The different characteristics of service and retail-related businesses may significantly play a large part in how they are
Documents to Request Before Buying A Business
Buyer Must Prepare Document Request List Every buyer of a business should strive to uncover a sufficient amount of information about a business that justifies
How Can I Sell An Unprofitable Business?
Selling An Unprofitable Business Selling an unprofitable business is not an easy task. Normally, most buyers will be quite reluctant to take over a business
What is the Quickest Way to Sell A Business?
A Quick Business Sale Some business owners may be faced with a situation where they are forced to sell their business as quickly as possible.
How Do I Sell My Business to A Family Member?
‘Family-Run’ Businesses Very Common Small businesses that are ‘family-run’ are are quite common. Recent statistics show that 77% of new small businesses are operated with
How to Value A Business Based on Free Cash Flow
What is Free Cash Flow? When it comes to selling a business, free cash flow is a very useful metric when determining the value of
Do You Pay Capital Gains Tax When You Sell A Business in Florida?
What is A Capital Gains Tax? A capital gains tax applies to the sale of capital assets (such as stocks, bonds, real estate, and business
How to Sell Check Cashing Businesses
Selling A Check Cashing Business The check cashing industry serves a unique and specialized niche in the South Florida economy by allowing non-banked individuals to
How Leasehold Rights Can Improve the Value of Your Business
What are Leasehold Rights? A leasehold right is the temporary right of a commercial tenant to occupy and use leased property. The leasehold right is
Improve the Chances of Selling Your Business in 2022!
Sell Your Business in 2022 The sale of one’s business can be an emotional yet financially rewarding journey. Many business owners spend years painstakingly building
Closing Documents For A Successful Business Sale
Closing Documents for Business Sale Unlike a real estate transaction, business transactions requires far fewer documents and paperwork at closing. A business transaction is not
What is A Business Appraisal?
Business Appraisal: Current Fair Market Value of Business A business appraisal is the means by which businesses may be formally valued in order to determine
How to Sell Staffing Agencies
Selling A Staffing Agency It is no secret that our nation is currently facing a severe labor shortage. Demands for better pay and more flexible
SBA Lending Terms Facilitate Business Sales
The SBA Facilitates Business Deals Many South Florida business buyers are frequently choosing to fund deals through lending backed by the Small Business Administration (SBA).
3 Signs You May Want to Sell Your Business
Sell Your Business At A Time of Your Choosing In order to get the best possible price when selling a business, it is best that
The Next Steps After Listing Your South Florida Business
Sell Your Business the Right Way In order to confidentially sell a business for the best price possible, the most important step one can take
Selling A Business with Attached Real Estate
How to Sell A Business with Attached Real Estate It is not uncommon for South Florida business owners to own the physical property (either a
How To Sell A Pawn Shop
Valuing Pawn Shops For Sale Pawn shops can be very profitable businesses. Although operating in an industry that is not for everyone, pawn shops have
Exploring the Characteristics of A Great Business
“It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” -Warren Buffett Great Businesses
Sell Your Gym in South Florida
South Florida Gyms Can Make Excellent Investments Despite the problems wreaked by the Corona Virus to the the fitness industry, a well run gym still
Confidential Business Brokers in Palm Beach County
Business Brokers Maintain Confidentiality of Business Sale According to recent statistics, there are close to 200,000 licensed real estate professionals in the state of Florida.
Why Would Business Sellers Use ‘Blind Ads’?
Blind Ads Protect Seller’s Confidentiality When it comes time to put their business up for sale, confidentiality is critically important for most business sellers. They
Which Business is Best For an E2 Visa?
E2 Visa Provides Foreign Entrepreneurs A Pathway to Legal Immigration An E2 Visa may be obtained by foreign entrepreneurs from countries of origin which have
How To Sell An Insurance Agency
Selling An Insurance Agency Insurance agencies are well known in the business community for having the benefits of recurring revenue along with a high degree
The Purpose of A Business Buyer/Business Seller Meeting
Establishing Trust Is Key for South Florida Business Sales In business as in life, establishing personal rapport and honest communication is essential for two parties
Introductory Guide to Buying A South Florida Business
Buyers Should Be Prepared Prior to Searching for A Business Many people dream of one day achieving their financial independence from operating their own business.
The Role of the Deposit in South Florida Business Sales
Deposits For Business Sales Are Typically Refundable Many buyers and sellers of businesses are somewhat surprised to learn that deposits play far less of a
Sell Your Business In A Liquid Market
The Liquidity of the Market Affects Business Valuation A fundamental tenet of the law of supply and demand is having a willing buyer and a
Increase the Valuation of Your South Florida Business
Three Ways to Increase the Valuation of Your South Florida Business No matter the reason for wanting to sell one’s business, every South Florida business
How to Sell A Car Wash
Selling A Car Wash Car washes represent a very attractive investment for many different types of investors in South Florida. Car washes with self-contained and
How to Sell Liquor Stores
Liquor Store Sales Liquor stores in South Florida are viewed by many buyers as stable and sound investments. The consumption of alcohol rarely goes out
How to Sell Restaurants in A ‘Buyer’s Market’
Restaurant Industry Is Now In A ‘Buyer’s Market’ It is no secret that the coronavirus was not kind to the restaurant industry. Indeed, approximately 1
Seller-Financed Business Transactions
Seller-Financed Business Transactions Not for Everyone The great majority of business sellers deservedly want and expect to get paid in full at closing. Once a
Ensure A Smooth Transition When Selling Your Business
Post-Closing Transition Critically Important For Business Buyers Ensuring a smooth hand-over of a business from the seller to the buyer is of utmost importance when
Understanding A ‘Business for Sale’ Advertisement
What is A Business Sale Advertisement? Unlike typical advertisements for real estate on the MLS or other websites, advertisements for businesses are confidential and do
How to Evaluate A Business For Sale
Steps to Evaluate A Business for Sale In order to sell one’s business, the business should be evaluated by a professional business broker. For a
What is A Good Service Business to Buy in Florida?
Service Businesses in Florida A service business creates value by selling intangible skills, whereas a retail business creates value by selling tangible products. The difference
Do I Need A Business License in Palm Beach County?
State and Local Business Licenses: A Key Part of Any Business Sale Before buying or selling a business, one must think carefully about what licenses
What is an Owner Absentee Business?
Absentee Owned Businesses in South Florida When it comes time to selling your business, it is very helpful to understand whether or not your business
What Makes A Buyer ‘Serious’ About Purchasing A Business
Sellers of Businesses Only Should Deal With Serious Buyers Business sellers should not have to deal with buyers who are not serious about buying their
How to Sell Auto Repair Businesses in South Florida
Selling Auto Repair Shops Auto repair businesses can be very profitable and rewarding for a savvy owner-operator. They are generally recession-resistant and fairly insulated from
Can I Sell My Business Online?
Selling a business online by means of a ‘FSBO’ (or For Sale By Owner) is explored by many sellers of businesses in South Florida. Understanding
Find A Florida Business Broker to Help Sell My Business
Locating the Right Business Broker in Florida Finding the right business broker in Florida to help sell your business is not an easy task. It
How Much is My Business Worth?
If you’re thinking of selling your business, the most important factor to consider is the potential purchase price you can expect to realistically receive from
How to Sell Pool Routes in South Florida
Pool Routes In High Demand Most homeowners in South Florida prefer to let a professional pool service company handle the cleaning and chemical maintenance of
The Proper Valuation Technique for South Florida Business Sales
When determining the value of your South Florida business, the most important step is accurately defining and uncovering the true amount of profits that the
What is An E2 Business Visa?
When it comes time to sell your business in South Florida, a large amount of potential buyers are foreigners wanting to legally enter and live
How Do I Find A Trustworthy Business Brokerage Company to Sell My Business?
Finding the right business brokerage company is an absolutely critical part to a seller’s exit strategy. The sales process should not entail any up front
What Assets Are Included in the Typical Business Sale?
South Florida Business Sales: Know What is Typically Included All business owners should be aware of what to expect when it comes time to sell
What Documents Are Needed to Sell Your Business?
Having the Right Documents Generally Leads to A Higher Purchase Price In the initial business evaluation between the seller and the business broker, the seller
Using Section 1031 Exchanges for Business Sales
Section 1031 Exchanges Have A Limited but Significant Role In Business Sales No seller desires to pay taxes after selling their business. Long term capital
How to Sell Convenience Stores
Convenience stores can be a very profitable business for savvy operators with good locations and well run stores. Many convenience stores are absentee-run which make
Understanding Private Equity Transactions in Business Sales
Private Equity Transactions for High End Business Sales A private equity buyer refers to a group of institutional or accredited investors that have pooled their
Why Would Someone Sell A Profitable Business?
Odds are that when you began your business, selling it never crossed your mind. Unforeseeable situations that force the sale of a business unfortunately happen.
Making an Offer to Purchase A Business
Defining an Offer and Its Importance to Buying A Business An offer is the most important step that a buyer makes toward actually purchasing a
What Is The Best Way To Sell Your Business?
Selling Businesses in South Florida Selling your business should never be a decision you make on a whim. Maybe you’ve decided the company has seen
How to Sell Online Businesses
Selling An Online Business The year 2020 saw an astonishing 44% rise of online retail purchases in the United States. The Corona Virus only accelerated
Funding Your Business with Business Loan Brokers
Business Loan Brokers Help Fund Businesses Business loan brokers (or commercial loan brokers) help business owners qualify for and receive commercial loans that suit their
How Much Does it Cost to Sell A Business in Palm Beach County?
The Cost of Selling A Business in Palm Beach County Selling a business is not without costs, but most of those costs (including the commission)
The Role and Importance of the Non-Compete When Selling Your Business
The Non-Compete Agreement Is Critical Business Sales A non-compete agreement in the context of business sales governs the extent (in length and geographic breadth) to
Selling Your Business To A South Florida Competitor
Competitors May Make Great Buyers of Businesses Most small businesses in South Florida have local, regional, or national competitors. A critical part of the listing
The Basics of SBA Lending for Business Sales
Use the SBA to Your Advantage as the Buyer and Seller of Businesses Business sales which are financed by the Small Business Administration (SBA) may
Analyzing Structural Formats of Businesses Sales in South Florida
Understand the Structural Formats for Business Sales Before buying or selling a business, one needs to know how exactly that will be accomplished. Whether it
The Significance of Signing A Letter of Intent
Signing A Letter of Intent in A South Florida Business Sale At some point in the process of selling a business, a buyer may submit
How to Sell A Landscaping Company
Selling Your Landscape Company in South Florida Commercial or residential landscaping companies seem to be everywhere in Florida. Competition is fierce but profits can be
The Importance of A ‘Blind Ad’ In Protecting the Seller’s Confidentiality
Advertising Your Business Confidentially Many people are confused when they search businesses for sale online and can not determine the actual identity of the business
Communication: The Real Glue That Holds A Deal Together!
An Expert Business Broker Must Communicate Effectively A major factor in closing any business deal is communication. With honest, open, and accurate communication the buyer
E2 Visa Buyers: A Business Seller’s Best Friend
E2 Visa Buyers Purchase Many Businesses in South Florida In recent years, many non-U.S. citizens living overseas have gained U.S. citizenship by buying a business
Avoid These 3 Common Mistakes When Selling Your Business
What Exit Strategy Do You Have for Your Business? Every intelligent business owner has an exit strategy. In order to get the best possible price
Identifying the ‘Hidden Assets’ of Your Business
Maximize Your Sales Price by Identifying Hidden Assets During the free evaluation process with Five Star Business Brokers, probably the most important part for you
Preparing Your Business For Sale
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” – Abraham Lincoln Prepare Your Business
When Is A Good Time to Sell Your Business?
Is this A Good Time to Sell Your Business The mantra of ‘buy low and sell high’ should be taken to heart by every business
How to Sell Laundromats
Laundromat Sales in South Florida Coin laundromats typically make very good investments and are highly sought after by many buyers. Typically, coin laundromats can be
Why Hire A Business Broker?
Reasons to Hire a Business Broker to Sell Your Business “It takes less time to do a thing right than it does to explain why
Valuing Your Business in the Wake of Covid-19
The Corona Virus Has Affected South Florida Business Sales The Covid-19 global pandemic has caused unprecedented business interruptions and business shutdowns for many Americans. Here
How to Sell Hair Salons
“Use your mentality, wake up to reality” (Frank Sinatra). Sell Your Hair Salon in South Florida Many sellers of salons are completely unaware of how
How to Sell Restaurants in South Florida
“Price is what you pay and value is what you get.” (Warren Buffett) Selling A Restaurant in South Florida Restaurants are bought and sold in
Exploring the Tax Consequences of Selling Your Business
“In this world nothing can be said to certain, except death and taxes.” – Benjamin Franklin Tax Consequences of Selling Your Business in South Florida
How to Sell A Healthcare Company
Healthcare Business Sales in South Florida Healthcare related businesses in the South Florida market are always in demand. Our area’s high medicare and senior citizen
Interpreting An Owner’s Salary
How Your Owner’s Salary Affects the Purchase Price of Your Business If you’re a business owner, you may choose to pay yourself a salary. ‘Salary’
What is ‘formal due diligence’ and when should it start?
Conducting Due Diligence Before Purchasing A Business. In a general sense, due diligence refers to anything a buyer may do to investigate the business they
Remember: You’re In Charge!
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill Importance of Having Confidence When Buying
Advice for Buyers and Sellers of Franchised Businesses
Franchise Sales in South Florida Franchises are quite common these days. Everything from pizza places to hotels are offered via franchises. Because of the excellent
The Prequalification Checklist for Every Buyer
Finding A Qualified Buyer to Buy A Business Whether you’re a cash buyer or seeking external financing, you must be ‘qualified’ to buy any