Friday, May 31, 2013

5 Pitfalls to Avoid When Preparing to Sell Your Business | Inc. 5000

"There's a lot at stake when you decide to sell your company.  To make sure it goes well, you'll want to avoid these common pre-sale mistakes.

Encouraged by the pace of activity in the business-for-sale marketplace, many owners are moving forward with plans to exit their companies and are laying the groundwork for what they hope will be a smooth and profitable business sale.

But selling a business is an unnerving task, even under ideal circumstances. It's even more challenging when sale preparation is lacking, deficient or misaligned with market realities. Across all sectors and industries, effective pre-sale planning is the key to achieving your desired sale outcome. Simply put, you can't afford to bungle the critical steps that need to happen before you enter the business-for-sale marketplace."

Read more at:

5 Pitfalls to Avoid When Preparing to Sell Your Business | Inc. 5000:

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.

This Week's New BBF Florida Salons and Spas for Sale (May 31, 2013)


Eric J. Gall
239-738-6227
info@buysellflbiz.com

Beauty/Personal Care
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-114511454 Miami-Dade Barber Shop 250,000 150,000 50,000 304,000
BBF-114511455 Miami-Dade Barber Shop 250,000 150,000 50,000 304,000
BBF-41502094 Brevard Hair Salon 39,000 39,000 0 0
BBF-47811059 Pinellas Hair Salon 50,000 50,000 67,153 171,424
BBF/-894222442 Pinellas Hair Salon 185,000 185,000 2,317 212,622
BBF-894017647 Pasco Hair Salon//Spa 65,000 65,000 70,848 193,744
BBF-35011786 Miami-Dade Hair Salon//Spa 75,000 75,000 35,000 175,000
BBF-16418578 Broward Hair Salon//Spa 235,000 235,000 147,344 740,062
BBF-16418444 Broward Hair Salon//Spa 350,000 350,000 76,345 701,364
BBF-16419135 Palm Beach Hair Salon//Spa 389,000 300,000 121,035 541,298
BBF-43920970 Seminole Nail Salon 70,000 70,000 78,000 137,000
BBF-58177577 Orange Skin/Massage 69,900 50,000 62,000 178,000
BBF-92401212 LeeTanning Salon 39,900 39,900 0 0
BBF-87200160 Polk Tanning Salon 65,000 65,000 49,060 128,262
BBF-44009801 Volusia Tanning Salon 99,000 99,000 53,573 124,632
BBF-74119416 Alachua Tanning Salon 135,000 125,000 5,566 138,617

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.

Thursday, May 30, 2013

This Week's New BBF Florida Manufacturing and Distribution Businesses for Sale (May 30, 2013)


Eric J. Gall
239-738-6227
eric@buysellflbiz.com

Distribution
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95108502 Sarasota Chemical Prods 45,000 45,000 23,568 24,000
BBF-29141712 Broward Coffee 495,000 100,000 186,230 1,942,265
BBF-24990068 Miami-Dade Food Prods Dry 1,710,000 513,000 390,000 2,800,000
BBF-24990070Miami-Dade Food Svc Prods 1,710,000 513,000 390,000 2,800,000
BBF-24990069 Miami-DadeFrozen Products 1,710,000 513,000 390,000 2,800,000
BBF-89208553 Pinellas Industrial Prods 119,000 50,000 121,658 591,686
BBF-16419558 Flagler Motorcycles 280,000 182,000 177,175 1,825,568
BBF-39800065 Palm Beach Propane 60,000 42,000 30,331 175,000
Manufacturing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-41506930 Brevard Fabrication 379,000 150,000 181,561 436,344
BBF-40001718 Orange Millwork 675,000 675,000 301,832 2,323,800
BBF-40001717 Orange Millwork 1,375,000 1,375,000 301,832 2,323,800
BBF892300118 Pasco Paper Products 125,000 75,000 22,973 182,593
BBF-90406299 Withheld Signs 749,999 131,000 249,030 1,119,259
BBF117208542 Miami-Dade Wood Products 355,000 355,000 121,292 387,679

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.

Sell a Business - Week in Review

"With the Small Business sector of today’s tight economy on the rise, one hardly had to explore every nook and cranny this week to find intriguing articles and blog posts about trends and reforms impacting America’s ability to sell a business. Of the multitude of posts, tweets, retweets and shares around the web, this blog post offers a quick recap of relevant news affecting small businesses that ExitPlan.me shared this week."

The article addresses the following topics:

Baby Boomers are Selling their Businesses!
Is ObamaCare Killing Small Businesses?
Facebook is Making it Difficult for Small Businesses
Does YOUR Business pass the 10 second Test?

Read more at:

Sell a Business - Week in Review:

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.

Wednesday, May 29, 2013

Five types of businesses currently selling well: REIV's Colleen Danaher

An Australian article; however, the same five businesses are in high demand in the United States as well.

"The market for the sale and purchase of a business lacks the easy-to-access metrics of the residential housing market.

There are no median prices and nor are there any clearance rates. As a result, trends can really only be found through the people buying and selling businesses: the business brokers themselves.

The REIV Business Broking Chapter contains a wealth of just this sort of knowledge. Its members know what will sell, what won’t and how best to prepare your business for sale.

After studying the trends in their business they have highlighted five types of businesses that are currently finding buyers."

Read more at:

Five types of businesses currently selling well: REIV's Colleen Danaher:

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.

This Week's New BBF Florida Restaurants for Sale (May 29, 2013)


Eric J. Gall
239-738-6227
info@buysellflbiz.com

Restaurants
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-87100894 Pinellas American  199,000 100,000 139,500 750,000
BBF-90406342 Lee American  225,000 56,250 113,684 810,018
BBF-71808396 Leon Bagel Restaurant 67,500 67,500 44,171 316,769
BBF-75075075 Saint Johns Barbecue  125,000 125,000 56,752 473,994
BBF-16418873 Broward Barbecue  150,000 100,000 64,899 422,751
BBF-35220767 Palm Beach Breakfast Lunch 70,000 70,000 50,000 180,000
BBF-16419678 Broward Breakfast Lunch 80,000 80,000 55,545 155,000
BBF-74720920 Duval Breakfast Lunch 90,000 60,000 32,000 195,000
BBF-38688002 Palm Beach Breakfast Lunch 118,000 118,000 53,118 206,250
BBF-43921047 Polk Breakfast Lunch 245,000 245,000 140,378 339,800
BBF115111572 Broward Breakfast Lunch 270,000 270,000 66,615 401,244
BBF-89071227 Hillsborough Breakfast Lunch 275,000 220,000 115,520 349,352
BBF-75700155 Marion Buffett 79,000 79,000 29,196 190,633
BBF890712010 Sarasota Cafe Type Eatery 40,000 25,000 21,000 72,000
BBF411002126 Hillsborough Cafe Type Eatery 95,000 75,000 56,424 144,000
BBF-38612015 Broward Cafe Type Eatery 196,000 196,000 74,000 200,000
BBF-41870078 Volusia Cafe Type Eatery 280,000 280,000 104,356 325,420
BBF-35019138 Miami-Dade Cafeteria 38,000 38,000 0 0
BBF-35020603 Broward Cafeteria 115,000 115,000 0 0
BBF-35020484 Miami-Dade Catering 25,000 25,000 0 0
BBF-89001854 Hillsborough Catering 79,000 59,000 48,641 258,000
BBF-89098798 Hillsborough Coffee Shop 79,900 79,900 39,702 170,190
BBF-89001852 Hillsborough Deli Restaurant 79,000 59,000 48,641 258,000
BBF-41870079 Volusia Deli Restaurant 280,000 280,000 104,356 325,420
BBF-90716053 Lee Diner 90,000 90,000 150,000 900,000
BBF-19601536 Broward Diner 199,900 99,000 113,032 830,000
BBF-90707213 Collier Ethnic  60,000 60,000 70,000 400,000
BBF-87100891 Pinellas Ethnic  199,000 100,000 139,500 750,000
BBF-35020100 Miami-DadeEthnic 270,000 230,000 0 0
BBF-35020914 Miami-Dade Ethnic  275,000 225,000 0 0
BBF-17008126 Saint Lucie Family Style 69,000 69,000 95,000 500,000
BBF-87100893 Pinellas Family Style 199,000 100,000 139,500 750,000
BBF-90740413 Lee Family Style 800,000 400,000 192,945 1,425,942
BBF-16419339 Miami-Dade Fast Casual 230,000 230,000 40,605 153,828
BBF-41870080 Volusia Fast Food Fran 280,000 280,000 104,356 325,420
BBF-16419752 Broward Fast Food Fran 295,000 295,000 0 0
BBF-41507324 Brevard Fast Food 79,000 50,000 91,000 291,200
BBF-75700160 Marion Fast Food 79,000 79,000 0 0
BBF-90730813 Lee Fast Food 115,000 115,000 43,174 122,944
BBF-40001720 Orange Fast Food 385,000 385,000 174,029 753,293
BBF-95101051 Lee Drive Thru 59,000 30,000 35,000 340,000
BBF-88210025 Sarasota Gourmet Dining 145,000 130,000 87,328 249,994
BBF-35219464 Palm Beach Gourmet Dining 900,000 700,000 350,000 2,000,000
BBF-74718651 Duval Italian Restaurant 125,000 90,000 89,500 312,000
BBF-19601548 Palm Beach Italian Restaurant 139,900 139,900 107,144 401,463
BBF-30300189 Palm Beach Italian Restaurant 140,000 70,000 96,447 552,066
BBF-55388013 Osceola Italian Restaurant 150,000 100,000 125,000 500,000
BBF-74719791 Clay Italian Restaurant 150,000 75,000 114,633 320,000
BBF-74720581 Clay Italian Restaurant 185,000 92,500 100,300 405,262
BBF411002127 Pinellas Italian Restaurant 195,000 136,500 158,822 464,023
BBF-30300401 Palm Beach Italian Restaurant 200,000 200,000 100,000 540,000
BBF-16418637 Broward Italian Restaurant 225,000 225,000 121,334 456,000
BBF-35020891 Broward Latin Restaurant 180,000 180,000 0 0
BBF116240007 Miami-Dade Latin Restaurant 195,000 195,000 0 0
BBF-35020701 Miami-Dade Latin Restaurant 400,000 400,000 0 0
BBF-16418223 Miami-Dade Latin Restaurant 425,000 250,000 166,010 600,000
BBF-30330346 Palm Beach Mexican  95,000 95,000 47,773 623,308
BBF-87100839 Hillsborough Office Bldg  65,000 65,000 45,424 103,720
BBF-16419018 Broward Office Bldg  80,000 80,000 55,545 155,000
BBF411002104 Hillsborough Office Bldg  95,000 75,000 56,424 144,000
BBF-16421030 Broward Office Bldg  99,000 99,000 52,085 106,242
BBF-87100829 Hillsborough Office Bldg  109,000 75,000 78,752 208,000
BBF-74121027 Marion Pizza Shop 35,000 35,000 0 0
BBF-41507322 Brevard Pizza Shop 38,000 38,000 0 0
BBF-35020267 Miami-Dade Pizza Shop 45,000 45,000 0 0
BBF-16421044 Broward Pizza Shop 55,000 55,000 60,000 144,000
BBF-35018292 Broward Pizza Shop 95,000 95,000 0 0
BBF-48406844 Seminole Pizza Shop 150,000 75,000 96,800 396,000
BBF-35018828 Miami-Dade Pizza Shop 175,000 150,000 0 0
BBF411030049 Seminole Pizza Shop 185,000 135,000 43,200 360,000
BBF411002128 Pinellas Pizza Shop 195,000 136,500 158,822 464,023
BBF-16419338 Broward Pizza Shop 275,000 275,000 78,861 327,000
BBF-16420978 Broward Pizza Shop 299,000 299,000 131,703 721,639
BBF-74720918 Duval Pizza Shop 750,000 750,000 519,443 1,547,321
BBF-71808400 Leon Sandwich Shop 67,500 67,500 44,171 316,769
BBF-41507295 Brevard Sandwich Shop 99,000 99,000 65,987 325,593
BBF-74120711 Marion Seafood  80,000 80,000 45,620 323,369
BBF-87100844 Hillsborough Seafood  1,200,000 1,200,000 532,526 2,786,635
BBF-17018010 Saint Lucie Specialty  69,000 69,000 95,000 500,000
BBF-17018051 Saint Lucie Specialty  145,000 115,000 73,107 440,890
BBF-42301258 VolusiaSpecialty  149,900 149,900 42,876 975,000
BBF890808559 Hillsborough Specialty  165,000 165,000 81,494 257,279
BBF-16415774 Palm Beach Specialty  275,000 175,000 178,500 1,250,000
BBF-40001719 Orange Specialty  385,000 385,000 174,029 753,293
BBF-43921031 Polk Steak Restaurant 500,000 500,000 240,000 720,000
BBF413507130 Orange Sub Shop 59,900 40,000 37,028 153,943
BBF-16419518 Palm Beach Sub Shop 160,000 160,000 62,997 315,294

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.

Tuesday, May 28, 2013

How Long Does It Take to Sell a Business?

"Recent studies indicate that it now takes, on average, about eight to ten months to sell a small business. This figure seems to increase yearly. Why does it take so long to sell a business?

Price and terms are the biggest reasons!  It is very important not to overprice the business at the beginning of the sales process. A business will also sell more quickly if there is a reasonable down payment with the seller carrying the balance.  Having all of the necessary information right from the beginning can also greatly reduce the time period.  Finally, being prepared for the information a buyer may want to review or having the answers available for the questions a buyer may want answered is another key.

Here is the basic information a prospective acquirer will want to review and a seller should have prepared to help facilitate a quicker sale:"

Read more at:

How Long Does It Take to Sell a Business?:

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.

This Week's New BBF Florida Construction Related Businesses for Sale (May 28, 2013)


Eric J. Gall
239-738-6227
info@buysellflbiz.com

Construction
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-82682011 Sarasota HVAC 350,000 350,000 138,298 827,692
BBF-74719191 Volusia HVAC 1,050,000 1,050,000 237,067 1,675,249
BBF-51709611 Orange Cabinets 300,000 75,000 121,205 512,679
BBF-89208554 Pinellas Commercial 119,000 50,000 121,658 591,686
BBF-16418354 Broward Electric 42,000 42,000 15,670 26,683
BBF-74720950 Clay Plumber 399,000 399,000 186,093 1,772,224
BBF-95101028 Collier Glass Company 59,900 59,900 78,599 155,720

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.

Monday, May 27, 2013

This Week's New BBF Southwest Florida Businesses for Sale (May 27, 2013)


Eric J. Gall
239-738-6227
info@buysellflbiz.com

Automotive
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95102077 Lee Transmission Shop 325,000 325,000 77,120 601,686
Beauty/Personal Care
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92401212 Lee Tanning Salon 39,900 39,900 0 0
BBF-95312054 Collier Tanning Salon 85,000 65,000 49,875 134,413
Business Services
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406403 Lee Law Firm 995,000 185,000 386,836 997,823
Cleaning/Clothing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-84310055 Manatee Coin Laundry 75,000 75,000 30,794 69,467
BBF-90409280 Lee Dry Cleaners 300,000 70,000 120,000 433,000
Cleaning
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92403404 Lee Janitorial Service 49,000 39,000 42,695 184,056
BBF-95102082 Lee Maid Service 95,000 95,000 64,000 160,000
Clothing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95108501 Sarasota Clothing Boutique 149,000 75,000 79,880 180,000
BBF-90721913 Lee Embroidery  80,000 80,000 51,103 118,116
Construction
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-82682011 Sarasota AC/Heating 350,000 350,000 138,298 827,692
BBF-96012507 Lee Concrete 1,350,000 342,500 434,450 2,229,133
BBF-90406181 Lee Plumber 140,000 35,000 62,685 122,629
BBF-95101028 Collier Glass Company 59,900 59,900 78,599 155,720
BBF-90406389 Lee Roof Cleaning 150,000 150,000 34,167 112,571
Convenience Stores
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92409182 Lee Beverage Store 115,000 57,500 58,626 392,200
Distribution
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95108502 Sarasota Dist-Chemical Products 45,000 45,000 23,568 24,000
Flower Related
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406366 Collier Florist 59,000 59,000 60,873 402,723
BBF-90406397 Lee Florist 79,000 40,000 50,397 215,000
Food Business Retail
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95313014 Lee Food Retail Health 175,000 175,000 132,774 592,181
Furniture Retail
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90725112 Lee Furniture Used 295,000 250,000 86,535 402,809
Ice Cream/Yogurt/Ice
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-93408555 Lee Smoothie Business 135,000 135,000 42,688 219,650
Lawn/Landscaping
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406418 Charlotte Irrigation/Sprinkler 150,000 150,000 63,150 436,856
BBF-92403427 Collier Lawn Biz  290,000 67,000 115,959 641,083
BBF-90406352 Collier Lawn Biz  275,000 60,000 186,279 418,038
BBF-84301073 Sarasota Tree Service 595,000 345,000 292,215 994,979
Liquor Related Biz
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406415 Lee Package Store 400,000 200,000 51,200 600,000
Manufacturing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92407273 Lee Fabrication 60,000 40,000 35,583 234,434
BBF-93700869 Collier Marble Products 5,775,000 1,500,000 573,000 2,015,000
Marine Related
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-93700912 Collier Marinas 450,000 450,000 44,538 45,000
BBF-93700910 Lee Marinas 675,000 175,000 42,200 42,600
Medical Related Biz
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92409174 Lee Medical Chiropractic 630,000 135,000 260,892 787,342
Pool and Spa Business
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-45808860 Lee Pool Service 110,000 110,000 82,700 98,500
BBF-90406270 Lee Pool Service 495,000 123,750 199,364 632,556
BBF-93700900 Collier Pool Service 878,000 878,000 276,528 1,606,580
Professnl Practices
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406404 Lee Legal Practice 995,000 185,000 386,836 997,823
BBF-90406402 Lee Legal Practice 1,295,000 252,500 390,279 997,823
Publishing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92409183 Manatee Publishing 50,000 32,500 22,493 40,898
Real Estate Related
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-45808859 Charlotte Prop Management 149,900 149,900 80,950 325,050
Real Property Rltd
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406416 Lee Shopping Center 1,000,000 250,000 124,000 144,000
Recreation
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-94300231 Collier Billiard Parlor 250,000 250,000 124,870 289,600
Rental Business
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-92409178 Lee Rental Equipment 295,000 65,000 97,732 260,929
Restaurants
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406342 Lee American  225,000 56,250 113,684 810,018
BBF892731814 Sarasota Banquet Hall 290,000 290,000 155,688 378,756
BBF-95108014 Manatee Breakfast Lunch 147,000 147,000 68,613 392,952
BBF-90406407 Collier Breakfast Lunch 649,000 200,000 186,112 508,404
BBF890712010 Sarasota Cafe Type Eatery 40,000 25,000 21,000 72,000
BBF-90716053 Lee Diner 90,000 90,000 150,000 900,000
BBF-90707213 Collier Ethnic Restaurant 60,000 60,000 70,000 400,000
BBF-90740413 Lee Family Style 800,000 400,000 192,945 1,425,942
BBF-90730813 Lee Fast Food 115,000 115,000 43,174 122,944
BBF-95101051 Lee Drive Thru 59,000 30,000 35,000 340,000
BBF-88210025 Sarasota Gourmet Dining 145,000 130,000 87,328 249,994
Retail Miscellaneous
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-95400045 Lee, Florida USA Consignment Shop 19,000 19,000 9,246 30,990
BBF-90406409 Charlotte Retail Flags 40,000 40,000 17,567 35,134
Sales & Marketing
Listing No. Location Category Detail Price Down Adj Net Sales
BBF-90406311 Collier Market Research  49,900 49,900 87,500 250,000
Signs
Listing No. Location Category Detail Price Down Adj Net Sales
BBF891300056 Manatee Sign Companies 115,000 115,000 62,358 170,480


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.