With year end approaching, I thought this would be a good time to update you on ice cream/yogurt/ice related business sales throughout Florida and give you some data regarding sales and pricing. Here are some numbers for you to ponder:
- 10 = the number of ice cream/yogurt/ice related businesses sold in the last twelve months by the Business Broker of Florida Association members.
- $256,351 = the average revenue of the 10 sold ice cream/yogurt/ice related businesses.
- $98,750 = the average sold price of the 10 sold ice cream/yogurt/ice related businesses.
- $56,633 = the average owner benefit generated in each sold ice cream/yogurt/ice related business.
- 0.39 = the revenue multiple (sold price divided by revenue) of the 10 sold ice cream/yogurt/ice related businesses.
- 1.74 = the owner benefit multiple (sold price divided by owner benefit) of the 10 sold ice cream/yogurt/ice related businesses.
- 96% = the average percentage down payment of the 10 sold ice cream/yogurt/ice related businesses.
- 261= the average number of days on the market of the 10 sold ice cream/yogurt/ice related businesses.
Ice cream/yogurt/ice related businesses are in demand. And, in spite of a more conservative and cash strapped buying clientele, they are still paying near historical multiples with a percent down not realized in many other industries. If you have been contemplating selling your ice cream/yogurt/ice related business, now is a great time! Please contact me for a no obligation discussion.
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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