Tuesday, August 31, 2010

Today's New Businesses for Sale - 8/31/10

BFS-202427: Marine Products
Industry: Manufacturing // Other Manufacturing
Location: Florida (Fort Pierce Florids)
Sales: Not Disclosed
Details: $35,000 of Inventory, $20,000 of Tooling & Dies and the four Patents are included in the sale of the following items: Fender-Kadi for round or square rails is a New Space Saving Way to Store Boat Fenders...

BFS-202478: Established Lawn Spraying & Maintenance Busines
Industry: Construction // Landscaping Contractors
Location: Florida (Broward County)
Sales: Between $1 Million And $2.5 Million ($1,184,540)
Details: Top Full Service Lawn Care Service Companies in the state operating in the South Florida market place for over 18 years. Services include chemical maintenance pest control, spraying providing blanket...

BFS-202491: Retail Candy Boutique-Franchise Chocolate Factory
Industry: Accommodation & Food Services // Other Accommodation & Food Services
Location: Florida (South East Florida)
Sales: Between $100 Thousand And $500 Thousand ($250,978)
Details: Voted #1 Chocolate! Mission: Create the finest chocolates made on premises at each location using the best available ingredients. Offer customers a chocolate experience each & every time they walk in...

BFS-202493: Bath Remodeling Company- Great Opportunity
Industry: Construction // Special Trades
Location: Florida
Sales: Between $100 Thousand And $500 Thousand ($312,264)
Details: This is a very niche business and owner has had great success in the bath remodeling industry. Seller has a great customer base, referrals and advertising in place. Showroom has sample setups and jobs...

BFS-202494: Established Auto Dealer
Industry: Retail Trade // Automobile & Motorcycle Dealers
Location: Florida (South FL)
Sales: Between $500 Thousand And $1 Million ($527,504)
Details: Auto Dealership est. 2003! NO tow costs on purchased vehicles located directly across from Broward 's major auto auctions! The dealer license will be transferred with business and no others shall be approved...

BFS-202495: Cafe, Yoga Studio Wellness Center for Sale
Industry: Personal Services // Health Clubs, Tanning Salons, & Spas
Location: Florida (South East Florida)
Sales: Between $100 Thousand And $500 Thousand ($362,539)
Details: This center is a very unique one of a kind concept. It boasts the combination of a cafe, yoga studio and a space for fitness and events! With the explosion of the the health, fitness and wellness market...

BFS-202496: Established Glazing Company Located in SE FL
Industry: Construction // Special Trades
Location: Florida (South East Florida)
Sales: Between $1 Million And $2.5 Million ($1,462,866)
Details: Established Glazing company located in South East Florida. Serving Florida for over 25 years. Specializes in Custome Mirred walls, table tops, shower & Tub enclosures, patio doors, Marine Craftmanship...

BFS-202560: Updated and Refurbished Fitness Business
Industry: Personal Services // Health Clubs, Tanning Salons, & Spas
Location: Florida (Marion County )
Sales: Under $100 Thousand ($61,089)
Details: Great opportunity to own a fitness business. Facility has recently been updated and refurbished. Seller is burned out and does not want to market anymore. With few expenses, income is mostly profit! State...

BFS-202565: Camera Shop
Industry: Retail Trade // Electronics & Appliance Stores
Location: Other Florida (St Augustine)
Sales: Between $100 Thousand And $500 Thousand ($124,116)
Details: Great business for the part time owner, plenty of foot traffic, located on St George Street. A very nice mix of film, batteries, cameras, netbooks. This store also has an exclusive line of Natural Products....

BFS-202578: Dry Cleaning Drop Off Service, Expert Alterations
Industry: Personal Services // Dry Cleaning & Laundry Services
Location: Florida (Orange County )
Sales: Between $100 Thousand And $500 Thousand ($111,562)
Details: This is a 27 year old shoe, purse, luggage repair shop. It also has dry cleaning drop off service, expert alterations and a specialized orthopedic shoe prescription business. It has a loyal upscale customer...

New medical practice listings - 8/30/10

BFS-201721: Physician Practice
Location: Florida (SW Coast of Florida)
Asking Price: Between $100 Thousand and $500 Thousand ($225,000)
Summary: This 72 yr old physican wants 2 retire, help young doctor get started. Ear, Nose, Throat surgeon & specialist has been in practice here for 11 yrs and will stay, help transition for up to 2 yrs. Current...

BFS-189298: Long Est. Cardiology & Family General Practice
Location: Florida (Broward)
Asking Price: Between $100 Thousand and $500 Thousand ($199,000)
Summary: Long Established Cardiology and Family General Practice in the heart of Deerfield. One Admin Employee (25yrs) stays on. Doctor stays on as well for agreed transition period in a 'consulting role'. Business...

BFS-187672: Medical MD Practice
Location: Other Florida ( Lakeland )
Asking Price: Between $1 Million and $2.5 Million ($1,250,000)
Summary: The seller of this well established (26 years) family practice clinic is also selling the real estate and another physical medicine and rehabilitation clinic, under listing #'s 43902027 & 43902029 (must...

BFS-187824: Medical Clinic
Location: Other Florida (Lakeland)
Asking Price: Between $100 Thousand and $500 Thousand ($220,000)
Summary: This Medical Clinic has been owned and operated by the same doctor for the past 12 years. Due to health issues, the doctor must sell. Due to health issues and a limited work schedule, the Owner's Benefit...

Monday, August 30, 2010

New BBF listings week of Aug 22-28, 2010

Listing No. BBF-16410851
Location Broward, Florida USA
Category Detail Italian Restaurant
Price 275,000
Down 175,000
Adj Net 168,066
Sales 681,022

Listing No. BBF-16410901
Location Broward, Florida USA
Category Detail Cafe Type Eatery
Price 350,000
Down 350,000
Adj Net 300,000
Sales 1,200,000

Listing No. BBF-16411067
Location Manatee, Florida USA
Category Detail Game Room
Price 320,000
Down 280,000
Adj Net 127,767
Sales 605,985

Listing No. BBF-16411181
Location Palm Beach, Florida USA
Category Detail Cafe Type Eatery
Price 550,000
Down 550,000
Adj Net 231,181
Sales 833,117

Listing No. BBF-17018051
Location Saint Lucie, Florida USA
Category Detail Italian Restaurant
Price 89,000
Down 89,000
Adj Net 67,400
Sales 300,000

Listing No. BBF-19301839
Location Palm Beach, Florida USA
Category Detail Deli Restaurant
Price 95,000
Down 95,000
Adj Net 95,448
Sales 936,000

Listing No. BBF-19481910
Location Charlotte, Florida USA
Category Detail Lawn Biz Landscaping
Price 650,000
Down 600,000
Adj Net 249,663
Sales 879,671

Listing No. BBF-28830009
Location Palm Beach, Florida USA
Category Detail Coffee Shop/House
Price 230,000
Down 150,000
Adj Net 205,762
Sales 276,734

Listing No. BBF-30330329
Location Palm Beach, Florida USA
Category Detail Liquor Package Store
Price 215,000
Down 215,000
Adj Net 60,000
Sales 400,000

Listing No. BBF-30330338
Location Palm Beach, Florida USA
Category Detail Ethnic Restaurant
Price 55,000
Down 55,000
Adj Net 50,000
150,000

Listing No. BBF-30330339
Location Palm Beach, Florida USA
Category Detail Deli Restaurant
Price 249,000
Down 175,000
Adj Net 100,000
Sales 700,000

Listing No. BBF-31702552
Location Palm Beach, Florida USA
Category Detail Contractor Painting
Price 750,000
Down 150,000
Adj Net 371,736
Sales 1,205,988

Listing No. BBF-32220101
Location Broward, Florida USA
Category Detail Italian Restaurant
Price 399,000
Down 399,000
Adj Net 191,961
Sales 1,262,728

Listing No. BBF-35009852
Location Miami-Dade, Florida USA
Category Detail Fast Food Mall
Price 99,000
Down 99,000
Adj Net 66,709
Sales 246,474

Listing No. BBF-35211012
Location Palm Beach, Florida USA
Category Detail Tanning Salon
Price 85,000
Down 85,000
Adj Net 76,608
Sales 156,768

Listing No. BBF-38938929
Location Palm Beach, Florida USA
Category Detail Liquor Package Store
Price 595,000
Down 595,000
Adj Net 257,127
Sales 1,163,448

Listing No. BBF-40001456
Location Seminole, Florida USA
Category Detail Pizza Shop
Price 99,000
Down 70,000
Adj Net 51,700
Sales 146,000

Listing No. BBF-40001457
Location Seminole, Florida USA
Category Detail Italian Restaurant
Price 99,000
Down 70,000
Adj Net 51,700
Sales 146,000

Listing No. BBF-41105983
Location Seminole, Florida USA
Category Detail Hair Salon
Price 150,000
Down 80,000
Adj Net 51,873
Sales 444,061

Listing No. BBF-411010011
Location Lake, Florida USA
Category Detail Restaurant Tea Room
Price 120,000
Down 120,000
Adj Net 53,215
Sales 385,170

Listing No. BBF-41503054
Location Brevard, Florida USA
Category Detail Bar/Restaurant
Price 395,000
Down 395,000
Adj Net 128,258
Sales 1,400,000

Listing No. BBF-41503057
Location Brevard, Florida USA
Category Detail Beer/Wine Bar
Price 165,000
Down 165,000
Adj Net 79,000
Sales 295,000

Listing No. BBF-41507242
Location Brevard, Florida USA
Category Detail American Restaurant
Price 395,000
Down 395,000
Adj Net 128,258
Sales 1,400,000

Listing No. BBF-41509315
Location Brevard, Florida USA
Category Detail Lawn Biz Commercial
Price 99,000
Down 99,000
Adj Net 125,960
Sales 192,420

Listing No. BBF-41809022
Location Volusia, Florida USA
Category Detail Fast Food Franchise
Price 149,500
Down 149,500
Adj Net 80,277
Sales 567,606

Listing No. BBF-43902045
Location Orange, Florida USA
Category Detail Pizza Shop
Price 180,000
Down 180,000
Adj Net 208,788
Sales 1,018,080

Listing No. BBF-43902138
Location Orange, Florida USA
Category Detail Latin Restaurant
Price 160,000
Down 120,000
Adj Net 78,279
Sales 458,367

Listing No. BBF-48404696
Location Volusia, Florida USA
Category Detail Lawn Biz Commercial
Price 1,095,000
Down 150,000
Adj Net 434,638
Sales 845,000

Listing No. BBF-48404767
Location Seminole, Florida USA
Category Detail Liquor Bar/Lounge
Price 285,000
Down 285,000
Adj Net 79,472
Sales 307,234

Listing No. BBF-54954901
Location Orange, Florida USA
Category Detail Bar/Restaurant
Price 50,000
Down 50,000
Adj Net 115,000
Sales 255,000

Listing No. BBF-55314324
Location Orange, Florida USA
Category Detail Latin Restaurant
Price 290,000
Down 290,000
Adj Net 120,000
Sales 485,000

Listing No. BBF-73000625
Location Marion, Florida USA
Category Detail Hair Salon/Day Spa
Price 600,000
Down 450,000
Adj Net 237,394
Sales 997,375

Listing No. BBF-74305494
Location Duval, Florida USA
Category Detail Contractor Plumber
Price 150,000
Down 150,000
Adj Net 76,785
Sales 333,864

Listing No. BBF-74306286
Location Clay, Florida USA
Category Detail Liquor Bar/Lounge
Price 595,000
Down 595,000
Adj Net 58,215
Sales 293,035

Listing No. BBF-74702621
Location Duval, Florida USA
Category Detail Contractor Commercial
Price 499,000
Down 499,000
Adj Net 195,995
Sales 1,855,091

Listing No. BBF-74702882
Location Clay, Florida USA
Category Detail Contractor A/C & Heating
Price 525,000
Down 350,000
Adj Net 331,658
Sales 1,437,368

Listing No. BBF-74702915
Location Duval, Florida USA
Category Detail Breakfast Lunch
Price 275,000
Down 175,000
Adj Net 95,971
Sales 625,000

Listing No. BBF-74702924
Location Flagler, Florida USA
Category Detail Internet/Online Service
Price 95,000
Down 95,000
Adj Net 266,320
Sales 562,500

Listing No. BBF-74702998
Location Duval, Florida USA
Category Detail Contractor Plumber
Price 399,000
Down 336,203
Adj Net 66,751
Sales 279,634

Listing No. BBF-74703053
Location Saint Johns, Florida USA
Category Detail Pizza Shop
Price 120,000
Down 120,000
Adj Net 83,895
Sales 550,000

Listing No. BBF-74703054
Location Duval, Florida USA
Category Detail Pizza Shop
Price 126,000
Down 126,000
Adj Net 83,895
Sales 550,000

Listing No. BBF-74703055
Location Duval, Florida USA
Category Detail Pizza Shop
Price 399,900
Down 399,900
Adj Net 204,958
Sales 1,515,000

Listing No. BBF-74703056
Location Duval, Florida USA
Category Detail Pizza Shop
Price 175,000
Down 175,000
Adj Net 110,220
Sales 600,000

Listing No. BBF-81000266
Location Pinellas, Florida USA
Category Detail Seafood Restaurant
Price 95,000
Down 60,000
Adj Net 50,640
Sales 300,000

Listing No. BBF-81000441
Location Pinellas, Florida USA
Category Detail Liquor Bar/Lounge
Price 299,000
Down 299,000
Adj Net 90,494
Sales 551,637

BBF-81404472
Location Pasco, Florida USA
Category Detail Mfg-Metal Products
Price 1,100,000
Down 250,000
Adj Net 324,737
Sales 529,420

Listing No. BBF-85907007
Location Pinellas, Florida USA
Category Detail Specialty Restaurant
Price 79,000
Down 49,000
Adj Net 60,700
Sales 220,000

Saturday, August 28, 2010

Today's New Businesses for Sale - 8/28/10

BFS-202194: Snyder Pretzels & Wise Chip Route
Industry: Wholesale Trade // Food Distributors
Location: Tampa (New Tampa)
Sales: Under $100 Thousand ($84,684)
Details: Become a business owner, and independent distributor with a Snyder's Pretzel and Wise Chip route! Territory includes the New Tampa, FL area. As an independent operator you service grocery stores and receive...

BFS-202211: Famous Latin American Restaurant and Cafe
Industry: Accommodation & Food Services // Restaurants
Location: Coral Springs (South Florida)
Sales: Between $100 Thousand And $500 Thousand ($900,000)
Details: A landmark restaurant in south Florida for over ten years, now for sale. Excellent reputation for great food, service and entertainment within the community. Large kitchen, 150 seats inside, 80 seats...

BFS-202271: Discount Auto Repair and Service Franchise
Industry: Personal Services // Auto Repair Shops
Location: Tampa (Tampa, FL)
Sales: Between $500 Thousand And $1 Million ($735,966)
Details: Established, high grossing auto repair franchise on one of the busiest streets in Tampa. Turnkey operation with experienced staff in place. Seller states this shop is lucrative and a great opportunity...

BFS-202288: Residentail Lawn & Landscape Biz
Industry: Personal Services // Landscaping, Lawn Care & Tree Services
Location: Jacksonville (Jacksonville)
Sales: Between $100 Thousand And $500 Thousand ($101,351)
Details: A cut above the others, Establish Lawn Care Service. For 26 years this owner has been cutting lawns in upscale neighborhoods now its time to RETIRE. Homes are in top of the line communities, entire route...

BFS-202293: Environmentally Protective Service Business
Industry: Business Services // Other Business Service Businesses
Location: Florida
Sales: Between $500 Thousand And $1 Million ($975,785)
Details: Environmentally Protective Service Business for sale in SE US. This Green Company specializes in EPA-certified processes to reclaim ozone-depleting substances. Custom built process equipment run by EPA-certified...

Friday, August 27, 2010

New Listings 08/27/10

BFS-201698: Custom Window Fabric Business
Industry: Retail Trade // Window Covering
Location: Florida (Marion County )
Sales: Not Applicable (Asset Sale) ($0)
Details: Low overhead tops the reasons to buy this business. You can run it out of your home or house the materials in a furniture store or the like and just sub-lease from them. Own a designated territory with...

BFS-201699: Women's Fitness Center
Industry: Personal Services // Health Clubs, Tanning Salons, & Spas
Location: Florida (Marion County )
Sales: Under $100 Thousand ($63,156)
Details: Women's Fitness Center has been around for decades! This center focuses on aerobic, kickboxing, yoga, pilates, Zoomba and hiphop classes. Also, features cardio-vascular equipment, free weights and muscle...

BFS-201700: Busy Hungry Howie's Pizzeria
Industry: Accommodation & Food Services // Pizza Restaurants
Location: Orlando (Orlando Area )
Sales: Between $100 Thousand And $500 Thousand ($375,520)
Details: Busy Hungry Howie's pizzeria has it all! Price! Terms! Location! Support! Great food, known specials and LOW PRICES has customers coming back. Outstanding mix of national and local advertising. Over 30...

BFS-201702: Family Run Ethnic Restaurant
Industry: Accommodation & Food Services // Restaurants
Location: Orlando (Orlando )
Sales: Not Applicable (Asset Sale) ($0)
Details: Family run restaurant which is not being marketed which means no profits. Over $1.7M in improvements. Great potentional for someone with restaurant experience. Top of the line equipment and was built...

BFS-201703: One of S. FL’s Largest Boat Dealers & Service Ctrs
Industry: Wholesale Trade // Marine Dealers & Equipment
Location: Other Florida (Stuart )
Sales: Not Applicable (Asset Sale)
Details: One of S. FL.s largest boat dealers & service ctrs. New 17,000 sq ft building on 2.3 acres prime RE on high vol. major hwy. Doing lots of boat consignments & used boats/engine sales. RE appriased at $3.5MM....

BFS-201705: Buy 2 Hot Businesses on Major Rd
Industry: Accommodation & Food Services // Restaurants
Location: Florida (SW Florida Gulf Coast)
Sales: Between $100 Thousand And $500 Thousand ($360,000)
Details: Buy 2 hot businesses on major road/good locaton next to each other. American style burgers / wings etc., and a Sports Bar. Take a look at this amazing setup ready for new owner owner has done all work...

BFS-201707: Residential Landscaping Company
Industry: Personal Services // Landscaping, Lawn Care & Tree Services
Location: Other Florida (Palm Beach County)
Sales: Between $100 Thousand And $500 Thousand ($311,245)
Details: This is a premiere residential landscaping business with 34 accounts that owner has had for close to eight years. The 34 residential accounts total $12,750 per month without any extras. Seller states...

BFS-201718: Collier County Educational Franchise
Industry: Personal Services // Tutoring Services
Location: Other Florida (Collier County)
Sales: Between $100 Thousand And $500 Thousand ($451,389)
Details: This franchise is the industry leader and a nationally known provider of supplemental education. Backed by outstanding marketing and operating systems, franchisees are trained and prepared to provide...

BFS-201720: Seafood Restaurant in Busy Area
Industry: Accommodation & Food Services // Restaurants
Location: Florida (Miami - Dade)
Sales: Not Disclosed
Details: 30 seats restaurant sourrounded by warehouses in busy industrial area. Real Estate available for Sale for $275K. Complete kitchen. Great food. Loyal clientele. Open 5 days a week (Mon-Fri.) Wekends off....

BFS-201721: Physician Practice
Industry: Health Care // Medical Practices
Location: Florida (SW Coast of Florida)
Sales: Between $100 Thousand And $500 Thousand ($247,592)
Details: This 72 yr old physican wants 2 retire, help young doctor get started. Ear, Nose, Throat surgeon & specialist has been in practice here for 11 yrs and will stay, help transition for up to 2 yrs. Current...

Thursday, August 26, 2010

Today's New Businesses for Sale - 8/26/10

BFS-201698: Custom Window Fabric Business
Industry: Retail Trade // Window Covering
Location: Florida (Marion County )
Sales: Not Applicable (Asset Sale) ($0)
Details: Low overhead tops the reasons to buy this business. You can run it out of your home or house the materials in a furniture store or the like and just sub-lease from them. Own a designated territory with...

BFS-201699: Women's Fitness Center
Industry: Personal Services // Health Clubs, Tanning Salons, & Spas
Location: Florida (Marion County )
Sales: Under $100 Thousand ($63,156)
Details: Women's Fitness Center has been around for decades! This center focuses on aerobic, kickboxing, yoga, pilates, Zoomba and hiphop classes. Also, features cardio-vascular equipment, free weights and muscle...

BFS-201700: Busy Hungry Howie's Pizzeria
Industry: Accommodation & Food Services // Pizza Restaurants
Location: Orlando (Orlando Area )
Sales: Between $100 Thousand And $500 Thousand ($375,520)
Details: Busy Hungry Howie's pizzeria has it all! Price! Terms! Location! Support! Great food, known specials and LOW PRICES has customers coming back. Outstanding mix of national and local advertising. Over 30...

BFS-201702: Family Run Ethnic Restaurant
Industry: Accommodation & Food Services // Restaurants
Location: Orlando (Orlando )
Sales: Not Applicable (Asset Sale) ($0)
Details: Family run restaurant which is not being marketed which means no profits. Over $1.7M in improvements. Great potentional for someone with restaurant experience. Top of the line equipment and was built...

BFS-201703: One of S. FL’s Largest Boat Dealers & Service Ctrs
Industry: Wholesale Trade // Marine Dealers & Equipment
Location: Other Florida (Stuart )
Sales: Not Applicable (Asset Sale)
Details: One of S. FL.s largest boat dealers & service ctrs. New 17,000 sq ft building on 2.3 acres prime RE on high vol. major hwy. Doing lots of boat consignments & used boats/engine sales. RE appriased at $3.5MM....

BFS-201705: Buy 2 Hot Businesses on Major Rd
Industry: Accommodation & Food Services // Restaurants
Location: Florida (SW Florida Gulf Coast)
Sales: Between $100 Thousand And $500 Thousand ($360,000)
Details: Buy 2 hot businesses on major road/good locaton next to each other. American style burgers / wings etc., and a Sports Bar. Take a look at this amazing setup ready for new owner owner has done all work...

BFS-201707: Residential Landscaping Company
Industry: Personal Services // Landscaping, Lawn Care & Tree Services
Location: Other Florida (Palm Beach County)
Sales: Between $100 Thousand And $500 Thousand ($311,245)
Details: This is a premiere residential landscaping business with 34 accounts that owner has had for close to eight years. The 34 residential accounts total $12,750 per month without any extras. Seller states...

BFS-201718: Collier County Educational Franchise
Industry: Personal Services // Tutoring Services
Location: Other Florida (Collier County)
Sales: Between $100 Thousand And $500 Thousand ($451,389)
Details: This franchise is the industry leader and a nationally known provider of supplemental education. Backed by outstanding marketing and operating systems, franchisees are trained and prepared to provide...

BFS-201720: Seafood Restaurant in Busy Area
Industry: Accommodation & Food Services // Restaurants
Location: Florida (Miami - Dade)
Sales: Not Disclosed
Details: 30 seats restaurant sourrounded by warehouses in busy industrial area. Real Estate available for Sale for $275K. Complete kitchen. Great food. Loyal clientele. Open 5 days a week (Mon-Fri.) Wekends off....

BFS-201721: Physician Practice
Industry: Health Care // Medical Practices
Location: Florida (SW Coast of Florida)
Sales: Between $100 Thousand And $500 Thousand ($247,592)
Details: This 72 yr old physican wants 2 retire, help young doctor get started. Ear, Nose, Throat surgeon & specialist has been in practice here for 11 yrs and will stay, help transition for up to 2 yrs. Current...

Wednesday, August 25, 2010

Today's Featured Medical Businesses for Sale - Aug 26

BFS-190843: Medical and Rehab Center
Location: Orlando (Orlando)
Asking Price: Between $1 Million and $2.5 Million ($1,645,000)
Summary: 'Business is Lender Pre-Qualified SBA' this is a profitable medical center specializes is a rehabilitation center for the injured including chiropractic, physical therapy, therapeutic massage and physiotherapy....

BFS-192416: Walk-In Clinic in Central Florida for Sale
Location: Orlando
Asking Price: Between $100 Thousand and $500 Thousand ($350,000.00)
Summary: A well established walk-in facility located in East orlando, close to several neighborhoods, & the University of Central Florida. Located in a large shopping plaza with an anchor store and more than...

BFS-192493: Profitable Practice Specializing in Psychiatry
Location: Other Florida (Brooksville)
Asking Price: Between $500 Thousand and $1 Million ($600,000)
Summary: Extremely profitable, 19 year old medical practice specializing in Psychiatry. Excellent reputation, approximately 10,000 active patients and office centrally located. Current staff willing to stay and...

BFS-199250: Medical Weight Loss Clinic - Southwest Florida
Location: Other Florida (Southwest Florida)
Asking Price: Between $1 Million and $2.5 Million ($1,195,000)
Summary: Rapidly growing, turnkey medical center specializing in weight loss, wellness, spinal health and pain management. Small percentage of Medicare patients means revenues and profits are sustainable. Highly...

BFS-196220: South Florida Orthopedic Center w/ Prime R.E.
Location: Florida
Asking Price: Between $5 Million and $7.5 Million ($7,400,000)
Summary: Exceptional Opportunity for an individual or a group of physicians. Very well respected Orthopedic Surgeon wants to transition to another specialty and plans to stay in the medical building, allowing...

BFS-195993: Medical Clinic - General Medicine
Location: Miami (Miami, FL)
Asking Price: Less than $100 Thousand
Summary: Medical Clinic with AHCA license owned by private investor. Clinic has medical director and all staff in place. Specializing in HIV testing and general medicine. It is asset sale only. All reasonable...

BFS-195943: Family Practice and Personal Injury Clinic
Location: Fort Lauderdale (Tamarac, FL)
Asking Price: Between $100 Thousand and $500 Thousand ($120,000)
Summary: The Family Practice and Personal Injury Clinic - Clinic has 3 exam rooms fully equipped, waiting area, X-ray and developing room on site, management office, phone lines (established for more than 7 years),...

BFS-191286: Medical Clinic
Location: Florida (Ponte Vedra Beach)
Asking Price: Between $100 Thousand and $500 Thousand ($199,900)
Summary: Established walk-in clinic has positioned itself as 'the family doctor' with the majority of its patients. As first-time walk-in patients understand the broad range of medical issues that can be addressed...

BFS-190102: Large 16 Year Old Medical Clinic
Location: Orlando (Orlando Area )
Asking Price: Between $500 Thousand and $1 Million ($725,000)
Summary: This large 16 year old medical clinic specializes in Pain Management, Auto Accident Injury, Family Practice, Massage therapy and Physical Rehabilitation. Comprehensive treatment is provided for disc injuries/...

Tuesday, August 24, 2010

Today's New Businesses for Sale - 8/24/10

BFS-201252: Marble & Granite Showroom With Property
Industry: Manufacturing // Stone, Clay, Glass & Concrete
Location: Jacksonville (Jacksonville)
Sales: Not Disclosed
Details: Great reputation for high quality marble, stone, and granite work. Beautiful SHOWROOM!!! Sale includes $350,000 of inventory. Fully equipped including top of the line bridge saw, crane, pro-filer, compressor,...

BFS-201253: Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $100 Thousand And $500 Thousand ($440,000)
Details: Profitable auto service business is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state of the art equipment....

BFS-201254: Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $1 Million And $2.5 Million ($1,314,000)
Details: VERY PROFITABLE auto service business is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state of the art equipment....

BFS-201255: Manufacture/Distributor/Wholesale Bakery
Industry: Wholesale Trade // Food Distributors
Location: Florida
Sales: Between $100 Thousand And $500 Thousand ($294,900)
Details: Manufacture/distributor/wholesale bakery, pastries and many bread types. Business established for 7 years, over $200k in equipment and two delivery vehicles. Gross sales Jan-July 2010 $344,292. Manager...

BFS-201256: Very Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $2.5 Million And $5 Million ($2,948,000)
Details: Very profitable auto service business (4 locations) is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state...

BFS-201257: Medical Rehab Clinic
Industry: Health Care // Other Health Care
Location: Florida
Sales: Not Disclosed
Details: Medical Rehab Clinic. MEDICARE A & B, AHCA, PPO, Lic ATS, PDF. This is an operating business. Opportunity for investor, business needs a lider with a vision to take Clinic to next level. Great front exposure,...

BFS-201291: Luxury Women's Boutique
Industry: Retail Trade // Clothing & Accessory Stores
Location: Miami (Miami-Dade County)
Sales: Between $500 Thousand And $1 Million ($640,000)
Details: This established boutique is one of the oldest businesses in this exclusive shopping area. The owner had created a vision of what the shopping experience should be for discerning women with impeccable...

BFS-201294: Kitchen Cabinet and Granite Business
Industry: Retail Trade // Other Retail Trade
Location: Florida (Broward)
Sales: Between $500 Thousand And $1 Million ($712,869)
Details: Reason for sale:Health-Profitable niche retail kitchen cabinet & granite business. Great opportunity for a strong salesperson to take this business to the next level. All installations are sub out to...

BFS-201295: 7 Year Old Quizno Franchise
Industry: Accommodation & Food Services // Fast Food Restaurants
Location: Other Florida (Kendall)
Sales: Between $100 Thousand And $500 Thousand ($303,068)
Details: Reason for Sale: Retirement- Est 7 yr old Quiznos loc in Kendall. Great loc in a very busy shopping ctr w/ Nat'l anchors. Ample parking. Seller is experiencing increased sales this year as there are...

Monday, August 23, 2010

More New Florida Businesses for Sale - 8/23/10

BFS-201250: Solid Waste Management Business
Industry: Business Services // Waste Management & Remediation Services
Location: Southeast States
Sales: Between $5 Million And $10 Million
Details: Collector and disposer of solid waste materials operating with its own landfill. Well established and growing and servicing the needs of industrial; commercial and municipal clients. Good cash flow. ...

BFS-201252: Marble & Granite Showroom With Property
Industry: Manufacturing // Stone, Clay, Glass & Concrete
Location: Jacksonville (Jacksonville)
Sales: Not Disclosed
Details: Great reputation for high quality marble, stone, and granite work. Beautiful SHOWROOM!!! Sale includes $350,000 of inventory. Fully equipped including top of the line bridge saw, crane, pro-filer, compressor,...

BFS-201253: Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $100 Thousand And $500 Thousand ($440,000)
Details: Profitable auto service business is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state of the art equipment....

BFS-201254: Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $1 Million And $2.5 Million ($1,314,000)
Details: VERY PROFITABLE auto service business is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state of the art equipment....

BFS-201255: Manufacture/Distributor/Wholesale Bakery
Industry: Wholesale Trade // Food Distributors
Location: Florida
Sales: Between $100 Thousand And $500 Thousand ($294,900)
Details: Manufacture/distributor/wholesale bakery, pastries and many bread types. Business established for 7 years, over $200k in equipment and two delivery vehicles. Gross sales Jan-July 2010 $344,292. Manager...

BFS-201256: Very Profitable Auto Service Business
Industry: Personal Services // Auto Repair Shops
Location: Florida
Sales: Between $2.5 Million And $5 Million ($2,948,000)
Details: Very profitable auto service business (4 locations) is a nationally recognized franchise center. Specializing in brakes, exhaust, tires, maintenance and general repair. Fully equipped shop with state...

BFS-201257: Medical Rehab Clinic
Industry: Health Care // Other Health Care
Location: Florida
Sales: Not Disclosed
Details: Medical Rehab Clinic. MEDICARE A & B, AHCA, PPO, Lic ATS, PDF. This is an operating business. Opportunity for investor, business needs a lider with a vision to take Clinic to next level. Great front exposure,...

BFS-201291: Luxury Women's Boutique
Industry: Retail Trade // Clothing & Accessory Stores
Location: Miami (Miami-Dade County)
Sales: Between $500 Thousand And $1 Million ($640,000)
Details: This established boutique is one of the oldest businesses in this exclusive shopping area. The owner had created a vision of what the shopping experience should be for discerning women with impeccable...

BFS-201294: Kitchen Cabinet and Granite Business
Industry: Retail Trade // Other Retail Trade
Location: Florida (Broward)
Sales: Between $500 Thousand And $1 Million ($712,869)
Details: Reason for sale:Health-Profitable niche retail kitchen cabinet & granite business. Great opportunity for a strong salesperson to take this business to the next level. All installations are sub out to...

Today's New Businesses for Sale - 8/23/10 - All Medical Related

BFS-200766: Pain Management Medical Practice
Location: Fort Lauderdale (Broward County - Fort Lauderdale)
Asking Price: Between $1 Million and $2.5 Million ($2,000,000)
Summary: Medical Practice – Pain Management Specialty. NEW OWNER DOES NOT NEED TO BE A PHYSICIAN! South East Florida practice 36 years at the same high traffic prime location right off of I-95! Major Payers...

BFS-178900: 100 Bed Hospital for Sale
Location: Other Florida
Asking Price: Over $20 Million
Summary: The hospital is composed of 6 buildings situated on 9 acres. Building 1 has 2 floors. The first floor houses all the administrative offices and has a 12 person call center. The second floor has 20...

BFS-200694: State of the Art Surgical Operating Facility
Location: Miami (Miami)
Asking Price: Between $100 Thousand and $500 Thousand ($350,000)
Summary: This state of the art surgical operating facility is fully licensed as a freestanding ambulatory surgical facility by the state of Florida. It is meticulously clean and well equipped, it features expanded...

BFS-199965: Premier OB/GYN Practice
Location: Florida (Broward)
Asking Price: Between $500 Thousand and $1 Million ($699,000)
Summary: Premier OB/GYN practice-10 yrs est, in Brwrd. Member of FACOG- Fellow American College of OBS & GYNS. High standards & quality patient care. This business is combined on site w/ a Unique- Child Birthing...

BFS-198303: Medical Weight Loss Center
Location: St. Petersburg (St. Petersburg)
Asking Price: Less than $100 Thousand ($50,000)
Summary: Franchise weight loss center with proven methods and national reputation. No license or physician participation required. System uses machine to evaluate metabolic and coloric values and customer is monitored...

Sunday, August 22, 2010

Today's New Businesses for Sale - 8/22/10

BFS-47810009: Medical Weight Loss Center
Industry: Medical Office // Medical Weight Loss Center
Location: Lee County, Florida
Sales: Between $1 Million And $5 Million
Details: Rapidly growing medical weight loss center specializing in weight loss, pain management. Sale includes prime real estate. ...

BFS-201250: Solid Waste Management Business
Industry: Business Services // Waste Management & Remediation Services
Location: Southeast States
Sales: Between $5 Million And $10 Million
Details: Collector and disposer of solid waste materials operating with its own landfill. Well established and growing and servicing the needs of industrial; commercial and municipal clients. Good cash flow. ...

Saturday, August 21, 2010

Today's New Businesses for Sale - 8/21/10

BFS-201050: Beautiful Restaurant
Industry: Accommodation & Food Services // Restaurants
Location: Florida (Palm Beach County)
Sales: Between $500 Thousand And $1 Million ($600,000)
Details: Beautiful Restaurant located in a Cozy Plaza nice neighborhood, Continental Cusine, seats 75, very successful due to excellent customer service, word-of-moouth advertising, serves between 200-260 dinners...

BFS-201073: High End Glass and Mirror Company
Industry: Construction // Special Trades
Location: Florida (Broward)
Sales: Between $500 Thousand And $1 Million ($535,115)
Details: Sales are up in 2009!!! Recession proof business!!! This high end glass & mirror company is located on a very busy street in an upscale NW Broward community. Great street visbility. Established in the...

BFS-201075: Well Diversified Trading Division
Industry: Finance & Insurance // Other Finance & Insurance Businesses
Location: Florida (Florida)
Sales: Not Disclosed
Details: We are trading division of a well diversified business development & funding company with national and international scope in business for more that 15 years. The trading division is actively involved...

BFS-201077: Premier Asphalt & Paving Biz
Industry: Construction // Paving Contractors
Location: Florida (Monroe County)
Sales: Between $500 Thousand And $1 Million ($867,286)
Details: Wear shorts and sandles to work. LIfestyle and a great business in the Florida keys. Premier Asphalt and Paving company. Well established. Over $270,000 of fully paid for equipment included in the price....

BFS-201095: Unique on Hold Message Service
Industry: Business Services // Telephone Answering Services
Location: Jacksonville (Jacksonville)
Sales: Between $100 Thousand And $500 Thousand ($105,875)
Details: Unique opportunity to acquire a 12 year home-based relocatable business that features high margins recurring monthly revenue and solid growth potential. The company offers on-hold messaging services to...

BFS-201101: Advertising Specialties
Industry: Business Services // Embroidery Services
Location: Florida (Pinellas County)
Sales: Between $100 Thousand And $500 Thousand ($220,910)
Details: This franchise operation has been at this location for over ten years. It specializes in embroidered uniforms and has several large commercial accounts. Franchise is very informal and costs are low for...

Friday, August 20, 2010

New Listings 08/20/10

BFS-200902: Casino Gaming Service
Industry: Business Services // Event Planners
Location: Florida (Broward)
Sales: Between $100 Thousand And $500 Thousand ($162,884)
Details: Exciting fun & easy opportunity, retire as owner but will stay on as consultant if new team requests. Over 25 yrs casino entertainment & themes. Long list of regulation casino gaming equip blackjack,...

BFS-200904: Casino Entertainment and Theme Service
Industry: Arts, Entertainment & Recreation // Gambling Casinos
Location: Florida (Broward)
Sales: Between $100 Thousand And $500 Thousand ($162,884)
Details: Exciting fun & easy business opportunity, retire as owner but will stay on as consultant if new team requests. Over 25 yrs casino entertainment & themes. Long list of regulation casino gaming equip blackjack,...

BFS-200909: Hydroponic Ret. Store For Sale -Sarasota/Bradenton
Industry: Retail Trade // Other Retail Trade
Location: Florida (Sarasota/Bradenton)
Sales: Between $100 Thousand And $500 Thousand ($180,000 Annualy )
Details: Established hydroponic retail store for sale. In business since November 2009. 50K+ retail inventory included. 15K website included with POS system integrated. Cash flow positive. 60K firm – Cash Only....

BFS-200916: Plumbing and Pipe Fitting Supplier
Industry: Wholesale Trade // Other Wholesale Trade
Location: Florida (Broward)
Sales: Between $100 Thousand And $500 Thousand ($328,800)
Details: This is it. Dist of Underground Irrigation Sprinkler Parts & Products Timers, Pumps, PVC Pipe-Fittings, Rotors, AntiRust Tanks. 165k inventory INCLUDED in price. 2008 Gross sales of 225k, Jan1 thru Oct...

Thursday, August 19, 2010

Today's New Businesses for Sale - 8/19/10

BFS-200902: Casino Gaming Service
Industry: Business Services // Event Planners
Location: Florida (Broward)
Sales: Between $100 Thousand And $500 Thousand ($162,884)
Details: Exciting fun & easy opportunity, retire as owner but will stay on as consultant if new team requests. Over 25 yrs casino entertainment & themes. Long list of regulation casino gaming equip blackjack,...

BFS-200903: Wine Bar and Wine Shop
Industry: Retail Trade // Liquor Stores
Location: Tampa (Pinellas County)
Sales: Between $100 Thousand And $500 Thousand ($380,574)
Details: An intimate and classy retail wine bar that offers over 2500 fine wine selections for the discerning tastes of their clientele. A chilled walk-in wine cellar adds extra TLC for those most exclusive bottles....

BFS-200904: Casino Entertainment and Theme Service
Industry: Arts, Entertainment & Recreation // Gambling Casinos
Location: Florida (Broward)
Sales: Between $100 Thousand And $500 Thousand ($162,884)
Details: Exciting fun & easy business opportunity, retire as owner but will stay on as consultant if new team requests. Over 25 yrs casino entertainment & themes. Long list of regulation casino gaming equip blackjack,...

BFS-200909: Hydroponic Ret. Store For Sale -Sarasota/Bradenton
Industry: Retail Trade // Other Retail Trade
Location: Florida (Sarasota/Bradenton)
Sales: Between $100 Thousand And $500 Thousand ($180,000 Annualy )
Details: Established hydroponic retail store for sale. In business since November 2009. 50K+ retail inventory included. 15K website included with POS system integrated. Cash flow positive. 60K firm – Cash Only....

Friday, August 6, 2010

Decipher And Communicate - How To Buy A Business For Sale

Decipher And Communicate - How To Buy A Business For Sale

Author: Richard K Parker | Words: 475 | Date: Thu, 5 Aug 2010 | 0 comments

It is so important for one entrepreneur to be able to master and develop so many different roles while running a business. There may well be other people involved in the operation of the business, but the entrepreneur really needs to understand every process. It's vital to know what makes the business "tick" in order to have the best chance of success. While success won't come easily, it's worth pursuing. You will have to work longer than you ever had before and you might not have much spare time, but being in business for yourself gives you the ability to determine your own future and destiny. Communication is everything when you're running a business of any type and this certainly comes into focus when you are in the process and seek to buy a business for sale. Communicate with the seller and other important principles, but you must also be good at deciphering the data that you receive. You might think that you need to be a detective in many respects, as you have to read between the lines and translate the information in such a way, to enable you to make the best decisions.

One of the biggest challenges facing an entrepreneur when attempting to buy a business for sale, is the ability to remain impartial. Human nature dictates that we become interested and enthused and this can sometimes get the better of us - if we're not careful, and if you find you're dealing with a strong-willed entrepreneur on the other side, you could end up facing a very determined personality. The seller is naturally enthusiastic about his or her creation and you must be careful to recognize this enthusiasm and keep it in its place. Outwardly, you may feel that this business is the right fit for you, but once again keep your natural enthusiasm in-check and take on the role of the master logistician. Those of us who remember the original Star Trek movies will undoubtedly remember the character known as Spock. He appeared to show no human emotions and was able to logically decipher any situation. In many respects, you should try to be like Spock and analyze the worth of the business for sale without any attached emotion.

You will receive a great deal of information when you're looking to buy business assets, much of it factual, but also structural and anecdotal. Question everything to a degree and never accept any information passed to you at face value. If you feel that there might be an agenda attached, reveal whether this is or is not the case. Remember that when you buy a business for sale, you're looking at a very long-term arrangement and the amount of time that you spend during revelation and due diligence is critically important to your success.

Richard Parker is the author of the How to Buy a Good Business at a Great Price series. As President and founder of Diomo Corporation - The Business Buyer Resource Center, his materials, seminars and consulting have helped thousands of business buyers realize their dream to buy a business. Want to find out more about business buying strategies that really work, then look no further than=> http://www.diomo.com/

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Business Loan Strategies to Buy a Business Opportunity - seanswire's blog

Business Loan Strategies to Buy a Business Opportunity - seanswire's blog


Business Loan Strategies to Buy a Business Opportunity

When buying a business opportunity that does not include commercial property, borrowers should realize that business loan options will be significantly different when compared to a business purchase that can be acquired with a commercial property loan. This problematic situation occurs because of the normal absence of commercial real estate as collateral for the business financing when buying a business opportunity. In terms of arranging the business loan, efforts to buy a business opportunity are almost always described by commercial borrowers as excessively confusing and difficult.

The comments and suggestions in this report reflect business financing conditions that are frequently offered by substantial lenders willing to provide a business loan to buy a business opportunity throughout most of the United States. There are likely to be circumstances in which a seller will privately fund the acquisition of a business opportunity, and it is not our intent to address those business loan possibilities in this report.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Buying a Business Opportunity – Length of Business Financing to Anticipate

Business financing conditions to buy a business opportunity will frequently involve a reduced amortization period compared to commercial mortgage financing. A maximum term of ten years is typical, and the business loan is likely to require a commercial lease equal to the length of the loan.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Expected Interest Rate Costs for Buying a Business Opportunity

The likely range to buy a business opportunity is 11 to 12 percent in the present commercial loan interest rate circumstances. This is a reasonable level for business opportunity borrowing since it is not unusual for a commercial real estate loan to be in the 10-11 percent area. Because of the lack of commercial property for lender collateral in a small business opportunity transaction, the cost of a business loan to acquire a business is routinely higher than the cost of a commercial property loan.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Down Payment Expectations to Buy a Business Opportunity

A typical down payment for business financing to buy a business opportunity is 20 to 25 percent depending on the type of business and other relevant issues. Some financing from the seller will be viewed as helpful by a commercial lender, and seller financing might also decrease the business opportunity down payment requirement.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Refinancing Alternatives After Buying a Business Opportunity

A critical commercial loan term to expect when acquiring a business opportunity is that refinancing business opportunity financing will routinely be more problematic than the acquisition business loan. There are presently a few business financing programs being developed that are likely to improve future business refinancing alternatives. It is of critical importance to arrange the best terms when buying the business and not rely upon business opportunity refinancing possibilities until these new commercial financing options are finalized.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Buying a Business Opportunity – Lenders to Avoid

The selection of a commercial lender might be the most important phase of the business financing process for buying a business. An equally important task is avoiding lenders that are unable to finalize a commercial loan for buying a business.

By eliminating such problem lenders, business borrowers will also be in a better position to avoid many other business loan problems typically experienced when buying a business. The proactive approach to avoid problem lenders can have dual benefits because it will contribute to both the long-term financial condition of the business being acquired and the ultimate success of the commercial loan process.

Copyright 2005-2007 AEX Commercial Financing Group, LLC. All Rights Reserved.

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Check it out: Business Loan Strategies to Buy a Business Opportunity
5 ส.ค. 2010 13:22:40

What You Don’t Know Will Hurt You: Small Business Sales In Minnesota « Headstone

What You Don’t Know Will Hurt You: Small Business Sales In Minnesota « Headstone

The author is a public speaker, author and Business Broker who wrote this sellers guide to facilitate business owners in the practice of selling their Minnesota small to medium sized businesses. Our company belongs to a global community of business brokers, intermediaries and M&A Professionals. We warmly welcome you into our network. As a valued sell-side client, we will work together as partners in the sale process. We will work diligently together to prepare you for meeting, dealing and finally negotiating with candidate acquirers for your business.

This helpful guide will resolve many questions and offer a number of practical forms and valuable tips. If you would enjoy receiving the Video Training and the entire 62 page e book with selling documents and forms, please contact us through our link contained in the Resource Box below.

Moving forward together, maintain the following points:

* Marketing, Advertising and Screening Buyers and finally selling a business is a process, not an event.

* The process is described in this guide.

* Your family has worked long and hard at building a profitable business; now you must work as hard at selling it.

* To achieve the highest fair market value, be certain to preserve confidentiality and the prosperity of the business.

* Be prepared with proper documentation.

* recognize buyer motivation, issues and concerns, as well so that balanced judgment rather than emotion will lead to an equally advantageous deal.

The amount of time required to sell your business, from the decision point until the completion of the transaction, can be months – or – as in some cases, even years.

Enclosed is a summary of the completed process:

1. Naturally, the first step is to make a strong commitment to sell the business and to the process in effectively bringing about the sale.

2. The 2nd step is in preparing all important documents, including a business appraisal, selling memorandum and offering documents.

3. Then we commence the advertising and marketing to locate qualified buyers.

4. Next, your broker notifies you of a qualified buyer, we have already made contact and screening of the prospective buyer has taken place (see page 12). (Price and terms will not be discussed here.)

5. Broker begins negotiations with deal structuring. (A discussion of pricing and terms here.)

6. After all issues have been resolved with an agreement has been reached to include price and terms, the prospective purchaser may submit a Letter of Intent / Purchase Offer to include earnest money check. (Important: Broker can be of assistance in obtaining the buyer financing to purchase the business, if needed.)

7. The buyer will finalize his or her due diligence before the closing transaction and you complete yours.

8. Upon Buyer and Seller concurrence that a sale is desirable, with the support of your advisor, attorney or CPA, a Definitive Purchase Agreement and all closing aspects of the sale are prepared.

Successfully completing the sale of your business opens the door to a new phase in your life. Whether you are selling to enter retirement, pursue other business opportunities, or just gain some time for yourself, proper execution of the selling process is important. Your broker closely supervises every step of the transaction to get the deal done and over the finish line.

Clearly, for most of us, selling a business is one of the most important or largest financial transactions we will deal with in our lives. Interestingly, it is often the least understood – or the least prepared for — in the business life cycle. Selling your business is the last step in three broad general stages of business:

1. Business start up (purchasing an established business or starting your own);

2. Maintaining your business (operations, care, building, improvement, relationships, and profitability)

3. Exiting (choosing an exit strategy from the business — for many of potential reasons — to a new owner who will begin the 3 stages all over again).

It is the life cycle of business: birth, growth and maintenance, and finally exiting that business entity.

There are many things to consider when selling your business and many challenges to successfully accomplishing that end. Perhaps one of the most difficult to appreciate fully is that someone different than you is likely to be interested in looking at or buying your business. That means they may want to know or see things that you feel are not important or not their business and they may ask for or say things that seem to suggest you are not telling them the whole story. Remember, you are a stranger to them just as they are strangers to you. And, as the old saying goes, “buyer beware” so most buyers want to look very carefully – perhaps at other businesses as well as yours — before they leap! The purpose of this guide is to give you a better overview of what to expect, what to prepare, and how to deal with the things that are likely to come up in the process of your selling your business so that it is more likely you will close successfully – at a fair price, sooner rather than later, and with less stress.

This manuscript is to benefit an increased knowledge of the business selling process and the variables associated with that process. It is not a recommendation to sell your business. This document is a tool to help you in the selling decision process. The final decision to sell, and a determination of the selling price, rests solely with the owner(s) of the business and professional advisors.

A Minnesota Business Broker hereby advises you to select your own asking price for your business. Depending on the circumstances and the ability to attract the correct candidate buyer to your business, the actual price the business finally brings may vary from the asking price you initially set. Factors to consider in arriving at your asking price would generally include:

* The amount of business cash flow

* Buyer Return On Investment

* The local and national economy

* Management style & influence

* The Age and life cycle of the industry

* Market value of all assets (including liquidation value)

* Market Interest rates

* Competition

* Location Location Location

* Employee base

* Personal needs and circumstances

The Deal Structure examples presented as Appendix C (visit our website) are for illustration purposes only. The legal and tax implications in the examples have not been considered. The precise terms and structure for the sale of your business should be determined thorough discussions with people you trust, who are looking out for your interests, typically your advisors, attorney and accountant. The sample documents presented in the appendix section are meant for illustration purposes only.

Again, you should carefully examine any documents involved in the sale of your business and may choose to have your professional advisors and or attorney review the actual documents for the sale of your business.

All figures represented in this guide are intended for illustration purposes only and do not represent any factual or audited numbers. Accordingly, there have been no representations, expressed or implied, as to the accuracy or relevance of the financial or other information contained herein.

Please visit our website within the Resource Box below to obtain the complete Appendixes and Selling Forms included in the Sellers Guide.

Looking to find the Best Minnesota Business Broker to Sell Your business? Minnesota Business Brokers then visit www.Minnesota-BusinessForSale.com. Free 12 Step Video and e book

Tags: accounting, advertising, advisors, Business, business finance, business opportunities, business sales, Business Valuation, consultants, marketing, small business

This entry was posted on Thursday, August 5th, 2010 at 5:10 pm and is filed under Business.

When Selling a Business: Data You’ll Provide to Your California Business Broker | The Board Magazine

When Selling a Business: Data You’ll Provide to Your California Business Broker | The Board Magazine

by admin on August 5, 2010

When you initiate your process with an M&A Advisor (California Business Broker) to sell your business, he or she will ask you several questions about your business and your goals. There are two important reasons we ask as many questions as we do:

* Your California Business Broker needs every bit of data that is relevant to the buyer. This speeds up and reduces the amount of due diligence and ensures that the buyer won’t have any objections.
* Your M&A Advisor will also need the information for the marketing of your business.

To be ready is to be successful. The goal is to get it all ready to go right up front before the buyer, bankers and investors ask for the information. This is how we’ll make sure that the deal runs smoothly, and it’s how we’ll make sure that you come away with the best deal, and that we close the deal.
What You’ll Provide About Your Business

What you see next is a summary outline of the data you’ll provide about your business when we get things rolling.
Company Organization and History

* The complete history and timeline of your company
* How your business is structured, and the ownership
* Your latest organization chart
* A copy of your most important staff, any issues you might have about your employees, and what these people do on a day-to-day basis

Information About Your Products and Services

* Make a list of your main products and services
* Write a complete description of these products and services
* Now, write the timelines of these same services and products
* And prepare a analysis of the competition
* Get all your licences, patents, etc. arranged
* Make sure that you’ve got your product delivery methods well-defined
* Put all your warranties accessible
* And, make a complete assessment of your technology

An Analysis of Your Industry

* Write a summary of your industry
* Discuss the different trends that are going on in your industry
* Write what you see for the future of your industry
* Describe the demographics of your industry
* Discuss the general concerns of your industry

Understanding a bit about Your Customers

* Who are your key customers?
* How do they pay you?
* Have you recently lost any primary customers?
* What new major customers have you recently added?
* What is the buying cycle of your major customers

Getting the scoop of your Sales and Marketing

* Let us see your sales and marketing plans
* Provide a full description of your marketing and sales tactics
* Discuss your sales team with us
* What type of advertising and promotion do you do?
* Describe your distribution channels in full.

What About Your Competition?

* Who are your most important competitors?
* Will your key accounts jump ship?
* How do you think your competitors will react?

And, There’s More…

You’ll also provide details about:

* Your Suppliers and Vendors
* Your buildings and facilities
* Everything about your equipment
* Lots of information/data about you
* And, finally, you’ll provide detailed data about your financial records, business, and inventory

Summary

As you can see, our data search goes both deep and broad. When selling a business, we try to make the process simple, and that requires as much data about your company up front as possible. This guarantees that the buyer will have all the information he or she needs to breeze through the due diligence steps and will come to closure more quickly. As business brokers and M&A Advisors, we want to guarantee that the selling process goes as smoothly as possible.

Using Business Brokers to Buy and Sell Websites - Indie Genius Blog Your Mommy Kills Animals

Using Business Brokers to Buy and Sell Websites - Indie Genius Blog Your Mommy Kills Animals

Using Business Brokers to Buy and Sell Websites

Looking to acquire or sell your website? The best strategy for finding a quality business and generic or premium domain is to contact a business broker. Business brokers specialize in online companies and ecommerce stores in the present, as many retail operations have expanded into the virtual earth or have become exclusively online. More information: SEM

Posted via email from weloveeveryone's posterous
Aug 5, 2010 4:54:44 AM

Organizing Your Minnesota Small Business For Sale

Organizing Your Minnesota Small Business For Sale

05.08.2010 | Author: Paul Oliver | Posted in Sales

To be able to have the Sellers Video Training and entire and complete 62 document e-book together with selling forms, examples we’ve looked at along with documents: website www.minnesota-businessforsale.com

Clip originally from e-book:

Selling a business for sale is not a single event. It is a process. The term process can be defined as a course of action. Successfully selling a business requires a well-planned course of action that can help speed the transaction along. There are eight steps in the selling process. Please become intimately familiar with each one.

The time required to sell a Minnesota business, from the decision phase until the completion of the transaction, may span many months or even years. The amount of time for each phase varies from transaction to transaction. There is no typical pattern. The complexity of the deal, the size of the business being sold and the preparedness of the seller are the primary influences on how quickly or slowly a deal will progress.

The 8 Part Selling Process:

- Decision / Commitment

- Preparation

- Qualified Buyer Search

- Initial Contact and Discussions

- Negotiations and Deal Structure

- Buyer Commitment / Letter of Intent

- Due Diligence

- Purchase Agreement / Close

Step 1: Decision / Commitment

As indicated earlier, there are many reasons for selling a business. The fact that you are reading this guide indicates that you have already passed this phase. However, you should recognize that deciding to sell a business, one that you may have spent years building, is often as much of an emotional decision as it is financial. If you are still uncertain about your decision of selling, we offer one word of advice: commitment. Be as committed to the process of selling as you have been to the process of growing and sustaining your business. This is your final opportunity to add to the profits that your business has brought you over the years.

Step 2: Preparation

Understanding the actual fair marketplace value associated with the company is actually the 1st step with planning it for sale. Identifying the actual value associated with the company is not like appraising real estate where comparable homes inside a particular region bring the exact same common value. Presently there tend to be numerous specifics which impact the actual value of a company, such as: look associated with facilities, cash-flow trends, competitors, ease of accessibility as well as entry, financial trends, business outlook, intellectual property, location, longevity, loyalty associated with clients as well as workers, reputation, return on investment, product sales trends, specific permits and licenses, conditions of sale, and more.

The actual need for an skilled (as well as certified) company valuator is usually apparent. Investing in an impartial company Minnesota Business Valuation assures your potential new buyer that a thorough evaluation has already been utilized in order to quantify and justify your own asking price. As well as given that company value is ultimately in the actual eye associated with the beholder, the third-party offering document(s) are generally prepared from the buyer’s viewpoint through one of several impartial, licensed valuation companies.

Planning your exit strategy is critical to maximizing the ultimate value of your business. Issues such as these must be considered:

Exactly how much cash do you need out of the actual company?

How much cash do you need up front?

Just how much of a longer-term payout will be acceptable?

Exactly how much of your own time may you help to make available to the new owners?

An Executive Summery is going to be professionally prepared by your Business Brokers to be able to help prospective buyers acquire a general understanding connected with your small business. Unlike a small business valuation that will be developed to be able to present a fair current market value, the Executive Summery supplies simply just adequate facts to be able to accomplish your possible buyer’s primary assessment. That will certainly only often be offered to prospective buyers which match ones selling standards. It can divulge the particular name, location and general description of the small business.

Your Executive Summery should be short and concise. The more information — beyond the basics — that is given to the prospective buyer, the smaller the chances are of serious discussions. The Executive Summery is a very important marketing tool and should be used accordingly. You should unveil just enough information to build the curiosity of the buyer. When the proper level of curiosity is achieved through the Executive Summery, only then will a buyer start showing significant interest in your particular business.

Offering Documents ought to also consist of a professionally prepared Sell Side Book that intrigue buyer curiosity by featuring your own companies growth potential as well as consist of additional details and historical data on the company.

Step 3: Qualified Buyer Search

Discovering qualified buyers is a problem which each and every company seller confronts. Luckily, by now you have made the choice to engage our company in order to carry out this step for you. Our company represents a substantial collection of buyers and investors, which includes individuals and corporations. In addition to our base of 1000’s of capable buyers presently searching to buy a company, we qualify new buyers each and every week. This is carried out by means of an aggressive, private print and Internet advertising campaign.

Step 4: Initial Contact and Discussions

When you have made the determination to position the firm on the current market, you have to be diligently well prepared to be able to reply to just about any and also all inquires. This will be the time you have been seeking forward to, actually speaking with buyers interested in buying your small business.

Prospective buyers are screened by requiring they provide the following information regarding their interest and purchasing capability.

What type or industry of small business they wish to buy

Price range of the company desired

When do Buyers want to buy

Amount of cash available

Financial Summery

Executed Confidentiality Agreement

All discussions and negotiations are conducted confidentially. It dosen’t advantage none the buyer nor seller for a impending transaction to become public knowledge. Employee, competitor, supplier, bank and customer behavior and attitudes may well be impacted upon finding out the actual company is for sale.

A sample Confidentiality Agreement is illustrated and available on our website.

(Visit Our Website to receive all supporting documentation)

Step 5: Negotiations and Deal Structure

Negotiations entail a couple principal factors: 1) price and 2) terms and conditions. In the common financial transaction one is actually not more crucial as compared to the other. Please don’t focus on just the numbers or just the terms.

They are generally interrelated. For illustration, a buyer may well pay a higher price if the seller agrees to finance all or part of the transaction.

Deal structure refers to the terms and methods of payment by which the buyer will compensate you for the sale of your company. Deal structuring allows the parties to meet your needs and enable you to get the best price for your business, while allowing the buyer to meet his objectives.

The deal structure need to be equitable and make real sense for both Buyer and Seller. It must make sensible economic sense for both buyer and seller.

The Seller: You must rely on your accountant and/or professional advisors in taking into account for these financial issues:

The tax consequences related to the sale

The income necessary to support your lifestyle after the company is sold

The options with regard to investing the sale proceeds

The risks of selling your company

The Personal considerations and factors:

Your determination or desire to stay with the company

Your age and heath issues

Your plans and goals, to retire from the business.

The Buyer: the buyer’s goals in purchasing your company. Make it a point to comprehend their motivation before talking about price and terms. Businesses are usually purchased in order to fulfill either strategic or financial requirements.

Strategic Objectives Consist of:

To attain a product line

Obtain a patent or technology

Lessen competing firms

Fortify the distribution system

Fulfill a dream of owning a business

Support a new lifestyle

Financial Objectives Contain:

An satisfactory rate of return on invested capital

Increase reported profits or acquired assets

Probable risks in an acquisition from the Buyers perspective contain:

Revenue and earnings trends, discretionary cash flow, and net asset value

Strength of current or new competition

The ease a new competitor can enter the market

Product liability and potential for litigation dangers

Reliance of the business on key personnel, customers or suppliers

New or untested products or services that may may possibly not be profitable

The potential of earnings ups and downs relative to the economy

Forms of Financing: Deal structure provides the means for balancing the risks of the transaction between the seller and buyer. To the point, the greater the amount of risk the seller is willing to assume, the greater the price the buyer will probably be willing to pay. For illustration, in an all funds deal the buyer assumes all the risk while seller assume none. On the other hand, when the buyer puts no funds down but offers an earn-out and/or through unsecured notes, the seller assume all the risk while the buyer assumes none.

Between these two dimensions will be a middle ground where the risk of the transaction is situated between buyer and seller.

Other methods of payment include:

Stock: (Visit Our Website to receive all supporting documentation)

Unsecured Notes: This method of payment brings considerable risk to you, with little risk to the buyer.

Earn Out: (Visit Our Website to receive all supporting documentation)

Each of these options may have different tax implications and need to be cautiously reviewed with your financial and other professional advisors.

Step 6: Buyer Commitment / Letter of Intent / Purchase Agreement

The buyer must provide a formal Letter of Intent or purchase agreement to the seller confirming the buyer’s offer to purchase the small business. The Letter of Intent must or Purchase Agreement must be consistent with and fully reflect all of the terms and conditions previously negotiated. It must also stipulate the selling price and the structure of the financing. You will want to have earnest money to be integrated with the offer. (visit our website for sample illustration of a Letter of Intent.

It is essential to have your professional advisors or attorney review the letter of intent.

Step 7: Due Diligence

Once a deal structure is set and buyer and seller have reached agreement in principal to sell your business through a Letter of Intent or Purchase Agreement, you will begin the next phase of the sale process, known as Due Diligence. This is the period where the buyer will “inspect” the company. Depending on the size and complexity of your business, this phase can last from 2 to 20 days.

A buyer may have studied and learned how to buy a company. The depth and breadth of the Due Diligence activities may vary from buyer to buyer, but generally may consist of a review of the following:

Visit our website for a complete list of buyer due diligence categories

Throughout the Due Diligence phase it is important to be as open and thorough as possible when answering questions. Be prepared to share the special knowledge that you have obtained over the many years. Including special skills and training that may be needed to successfully operate the business in the future. An educated buyer will be thorough in inspecting the business. The better prepared the sellers are to effectively answer questions and provide essential information, the faster the deal will be completed.

Listed are the possible categories a possible buyer may want to review. Our Business Brokerage recommend sellers arrange folders with summary documents including each of the categories which may apply to the small business.

Visit our website for a complete list of categories

Step 8: Purchase Agreement / Closing

Upon the buyer’s Due Diligence is complete and all issues have been resolved, a definitive Purchase Agreement should be prepared by your professional advisor, attorney and reviewed by your CPA. An example is available on our website only to illustrate typical components. Your Professional advisor, along with your Attorney should may prepare the definitive

Purchase Agreement for the sale of the small business. Alternatively, the buyer’s attorney may prepare it, then have your professional advisor, and /or attorney review it. You only have one chance at getting it right as mistakes can be costly and side track or delay the closing.

Click Our Link: FREE Sellers Video Training and complete e-book Minnesota Business Brokers www.Minnesota-Business-ForSale.com Confidentialty is completely assured.

Most Common Business Valuation Methods Used « Forex Sources For Trader

Most Common Business Valuation Methods Used « Forex Sources For Trader

As a Business Broker a single of a many usual questions we embrace from tiny commercial operation owners as great as entrepreneurs we encounter is this a following: How do we get a discerning thought what my commercial operation competence be worth? More mostly which not, many of these people have been only seeking for a severe “street valuation” to establish if they should sell right away or someday in a future. Although there have been many singular factors to cruise when valuing any sole business, as great as there have been in all no decisive or petrify manners upon what any sole existent commercial operation might be value during any since time, subsequent have been a couple of during vast used as great as usual discerning commercial operation gratefulness methods which should give many tiny commercial operation owners an competent starting indicate to assistance establish what their commercial operation competence be value in today’s marketplace place.

Multiple of Seller’s Adjusted Net Cash Flow:

The many during vast used routine to value as great as establish an asking cost for a tiny commercial operation is formed upon a composition or recasting of a business’s many new annual distinction as great as detriment statement. The thought in this routine is to establish a loyal earning energy of a commercial operation by adding behind to a net distinction all a non-essential or optional losses not required to run a commercial operation to denote a some-more picturesque net money upsurge for a owner.

Once this series is determined, a subsequent step is to greaten it by a commercial operation difficulty compared mixed (service, retail, manufacturing, etc) which have been during vast used as manners of ride by a commercial operation gratefulness as great as commercial operation brokerage community. For instance, in ubiquitous conditions tiny operate compared businesses have been in all valued during a mixed of somewhere 2 to 2.5 times a Sellers annual practiced net money flow. Small production businesses in all embrace aloft multiples which can be in a 3 to 3.5 times range.

There have been a accumulation of resources accessible to a open to find as great as investigate money upsurge multiples which might be applicable or specific to your business. This includes great well known guides such as a Business Reference Guide by Tom West, as great as commercial operation for sale directories such as BizBuySell.com which yield a interpretation bottom of new commercial operation sales as great as a multiples achieved. You might additionally wish to revisit fastbusinessvaluations.com which provides a giveaway online commercial operation gratefulness electronic caclulator formed upon during vast used attention compared gratefulness multiples.

I would additionally suggest if we have been deliberation offered your commercial operation to hit a internal veteran commercial operation attorney in your area. He or she might be means to yield we with profitable report about new sales in your marketplace of identical businesses identical to yours, as great as a net money upsurge mixed which they in a destiny sole at. You can find tiny commercial operation brokers in your area by upon vacation a office identical to findabusinessbroker.com

Industry Rules Of Thumb:

Another ordinarily used discerning commercial operation gratefulness routine is to operate a ubiquitous order of thumb. A order of ride gratefulness fundamentally consists of regulating a elementary regulation which estimates a value of a commercial operation by a set of determined as great as really ubiquitous commercial operation pricing guidelines.

For example:

Auto Repair Shop: 35% of annual revenues

Full Service Gas Station: 2 to 3 times Sellers Adjusted net

Fast Food Business: 40% of annual revenues

Janitorial Service: 2 times Sellers Adjusted net

Motels: $20,000 per room

Keep in thoughts identical to all discerning gratefulness methods “rules of thumb” have been theme to a assorted singular characteristics of any aim commercial operation being valued. Reference books identical to a aforementioned “Business Reference Guide” suggest a extensive as great as glorious database of “rules of thumb’ by sole commercial operation category.

Market Comparables:

With a appearance of a Internet, commercial operation owners right away have a capability in many cases to perspective dozens (sometimes more) of genuine time listings of businesses really identical to their own upon vast online “business for sale” directories. Although it’s been my regard which many of these tiny businesses listed for sale lend towards to be overpriced, these directories such as bizbuysell.com still can yield a really utilitarian source of giveaway tender data, together with severe comparables of both “for sale” as great as “sold” commercial operation listings. Keep in thoughts additionally which really couple of businesses will in conclusion sell during there listed asking price, yet if labelled properly, (and a cost can be upheld with great monetary records) many should in conclusion sell with in 80% of their asking price.

Liquidation Value:

This is a comparatively elementary as great as discerning approach to value a tiny commercial operation by last what a sale or murder of all a businesses’ tough resources (equipment, inventory, receivables) would beget in sum deduction upon a open marketplace after profitable off any liabilities or debt compared with a business. Although a commercial operation murder gratefulness is a comparatively true for sentinel process, it does have poignant pull backs as a gratefulness routine since it does not take in to comment a value of critical factors such as goodwill, determined customer/client base, destiny expansion potential, as great as more.

Summary:

Keep in thoughts which even yet all these gratefulness methods on top of suggest possibly a discerning as great as cheap approach to get a severe thought of a value of many tiny businesses, or can be used as pricing discipline when offered a business, during a finish of a day a commercial operation is value what a little else is peaceful to compensate for it.

Tags: Business, Common, Methods, Most, Used, Valuation

This entry was posted on Wednesday, August 4th, 2010 at 11:41 pm and is filed under General Business.

Wednesday, August 4, 2010

Info Prodigy review Part 7 – Exit Strategy, How To Sell Your Web Site & Product. | Legal Articles

Info Prodigy review Part 7 – Exit Strategy, How To Sell Your Web Site & Product. | Legal Articles

August 4, 2010 | In: Uncategorized

Info Prodigy will be launched on 9th August for only 7 days. It will be taken off from the market on 16th August and will not be available again. Buying Info Prodigy is a risk-free choice as you have 60 days, no queries asked, money back guarantee. If you are interested in reading Info Prodigy review and snatch the unique inside Info Prodigy review (The Missing Manual of Info Prodigy) that I am giving to the 1st 50 purchasers, please visit Info Prodigy bonus.

This is the last part of Info Prodigy product where the Info Prodigy squad will show you exactly how you must squeeze the maximum profit from your product. Many of the creators of a successful product launch usually don’t make this vital step most probably due to their lack of knowledge in this field and the work that are required in it. And others believe it be a very hectic job but you don’t have to concern yourself since the Info Prodigy team will walk you over all the steps.

Basically, the strategy is all about selling your entire product web site and every other things that you have build from section 1 to 6 for a very high terms. Naturally, you will do this after the product launch so you will have your big sums of profit from your launch as a strong proof of you success with the web site.

Here are the topics that will be covered in part 6 of Info Prodigy:

Getting Started: In this step, the Info Prodigy squad will present you the exact measures that you need to take in order to setup your web site for a quick exit strategy. They will also show the place where you must list your website in order to have the maximum price for your web site. You will also know what information you should collect before selling your website, the pre-cautions that you need to take to avoid scammers and all the critical info that you must provide when you list your website.

Increasing Value: Before you list your sites, you must add more value as a potential buyer will often visit your web site in order to see that your product has a decent arranged sales letter, a professional tone, serious customer support and many other components that will be discussed in detail. There are also many serious components that should be present in a high priced listing which will extensively by the Info Prodigy squad in their product.

Your Price Range: This section will deal with all about the price tag that you must put to your web site when you list your website in Flippa.com. The steps that will be covered in this section are how to fix your websites value, how to price your website for the market and how to gauge perceived market value.

Killer Listing Strategies: This section will deal the fundamentals of the process of setting up a Flippa listing and how to get most from that listing. You will also learn how to deal with the bidder’s question, how to yield massive exposure for your listing and the proper time to list your web site, the starting and the reserve price that you should put for your auctions.

Finishing the Sale: In order to finish your sale in Flippa, you should be careful of all the essential things that you should transfer and at the same time have the proof that you transferred to the buyer of you web site. You will learn how to transfer the customer support base of your product to the buyer and what essential stuff you must deal with after you have sold-out your web site.

I hope you liked reading the entire review from section 1 to 7. I strongly advise you to purchase Info prodigy if you want to make big money in the cyberspace. This is the 1st time in 6 years that Steve Clayton and Tim Godfrey are telling their secret that they have been utilizing to earn more than $10 million from their courses. And they don t want it to be revealed to everyone. That is why they are pulling it out of the market very quickly.

Plan your exit strategy | Bankrate.com

Plan your exit strategy | Bankrate.com

By Jennie L. Phipps · Bankrate.com
Tuesday, August 3
Posted: 2 pm ET

If you don't have a will, now's the time to make one.

The U.S. Senate has been fiddling over the federal estate tax for the last year. Because they have been unable to act, the existing estate tax expired. This year there is no estate tax, but next year the estate tax is scheduled to revert to the pre-2001 level -- a whopping 55 percent rate with a $1 million exemption.

Whether you are retirement age or much younger, this estate tax uncertainty makes it especially important to have a will. Otherwise, you could be giving lots more to the government than you have to. Even if you're not a millionaire, dying without a will is messy and could leave your loved ones in a bad situation.

For some people, even talking about this aspect of retirement planning is tough. My father-in-law, who lived many years in retirement, died about a year ago. He didn't have a will and my mother-in-law is still sorting it all out.

They knew not having a will would be a problem, but my father-in-law couldn't even bring himself to discuss the issue let alone do anything about it. So the inevitable happened.

Dying intestate -- without a will or a living trust -- means that your money and other assets will be divvied up according to the law in the state where you live. In some states, that means your surviving spouse may not get all the assets because the law will give any children some of the money. And even if there are no children, a cut may go to the deceased spouse's parents, their brothers and sisters and maybe their nieces and nephews. If you've not been on top of changing beneficiaries, the 401(k) that you left where you used to work could be going to your ex-spouse.

If you are an unmarried couple, it is especially important to make a will. Only a half-dozen states recognize common-law marriages and only Iowa recognizes common-law, same-sex domestic partnerships.

Even if you live in a state that gives everything to the surviving spouse, my mother-in-law found that not having that piece of paper makes each transaction more difficult than it needs to be. So for the sake of the people you love, take care of this retirement planning detail right away.

Selling Minnesota Businesses: Timing To Sell? | Best Clickbank eBook

Selling Minnesota Businesses: Timing To Sell? | Best Clickbank eBook

August 4, 2010 by Geoff Campbell
Filed under Finance

[Minnesota Business Sellers Resource Center]

Enclosed is an excerpt from my book “What You Must Know Before You List It For Sale”.

If somebody would like to receive all 40 pages of the book, and valuable Seller Video Training, visit our website listed in the Resource Box below.

Commonly your primary concern, immediately after “how much,” is “why” are you selling? Small business business owners decide to sell for a varied number of causes. Many need to be able to retire. Some others are having to deal with money difficulties, whether losing funds in business or not generating adequate income to be able to take care of both small business as well as individual costs. Associates have arguments and basically no longer want to continue as partners, whether or not with business as well as in life (as due to husbands and wives). Usually the early passion is at this point waning and generally there is a smaller amount desire in carrying on in the enterprise, no matter whether due to the fact there are new or more interesting firm options, or due to the fact the activities is turning out to be monotonous or aggravating. At times right now there is disease or death between principals.

Right now there are people whose corporations have got expanded over and above their capacity to control it (or his or her motivation to work a bigger organization). At times it’s just a problem of not enough using or expansion capital. Often, the small business would likely become successful except that servicing the debt takes up almost all those income that may be realized by an individual with additional operating money and a smaller amount debt. Alternative instances, the sales or profits have attained a level or hit a wall due to the fact the firm is not going to have the operating money or the management expertise or falls short of the drive to increase the small business to the next level. At periods, the small business seller merely desires to cash out and take their hard earned “sweat equity” and use the funds for something altogether different now.

The would-be purchaser wishes to make for sure that the motive you wish to sell is certainly reasonable, credible and reasonable to them, which means that they’re not acquiring someone else’s aggravation. Which means have a good grounds to sell. The new owner likes to find out why you could be selling. The far more logical your reason for selling – from the buyer’s perception — the more serious the buyer is likely to be.

We all all have our pronounced or spoken causes for selling. Of which is, we spell out the plausible, rational causes for needing to sell. Whichever these causes are, as the small business owner, you also want to be emotionally and financially dedicated to selling your small business as well. Selling a small business will be different as compared to selling a car or a piece of furniture for a lot of small business owners, due to the fact a small business is a lot more as compared to merely one more asset worth so much dollars. It is your “baby” and a life-style in which many usually equate with “who we are” as well. In other language, there is a good deal of feelings connected with selling a small business.

Unless of course you are wholly commited to making the sale materialize, there is the probability of emotions getting in the way of objective thinking and interfering with the chances of closing. Take into account, the potential buyers are different when compared with we are, with numerous agendas and distinct needs or challenges, which means that it is necessary not to tighten up emotionally until that you’ve had time to contemplate your comeback. Both selling and buying are emotional exercises, which means that be organized. Enabling our emotions challenge our good intelligence gets plenty of us in difficulty in life. Enabling our emotions rule in its place of our attentive, thoughtful, objective review of would-be buyers — and their doubts, responses or offers – can prevent you from profitably selling our firm. It is “balance” that will helps sell a corporation; the steadiness concerning personal financial or emotional needs or wants, on the one side, and personal economic concrete realities or potentials, on the other.

For that reason one professional recommendation to all would-be sellers is to “calmly” collect all buyer concerns or responses along with think of them conscientiously and even thoughtfully, rather than emotionally. Count to fifteen, due to the saying goes, when response from emotion rather in comparison with thorough, careful investigation. Every one of us can normally say “no,” and yet precisely how we say “no” or “maybe” will certainly define if there can be still the probability that will complete a successful sale.

Buyers expect that you have made a reasoned, properly based conclusion to sell your firm, as well as an emotional one, in addition to that, in all the interest of profitably selling your corporation, all acceptable questions, queries or offers can easily be assessed in the light of reasonable, calm consideration. This particular book will discuss many of typically the troubles and challenges you may expect to have – and even hence prepare for – both emotionally and logically.

It needed time, effort, and investment to start or build your business. It is sensible and often crucial to take the time and effort, and make the essential investment decision to exit your small business successfully. Buyers desire to do business with sellers who are serious and motivated. They do not want to become involved in drawn out negotiations or in gamesmanship. Knowledgeable buyers will tell you that a seller who is not highly motivated is not a seller at all.

The best time to sell a business is when you want to, not when you need to. It is correctly okay to have no other reason than you are ready for a change. Here are a few examples of the most common reasons: (1) Health, (2) Personal reasons (divorce, relocation, partnership seperation, partner just passed away), (3) Burn out, feeling of boredom, (4) Age, ready to begin living, (5) Tax predicament, current and future, (6) Investments Options, (7) Other business passions

No matter what is in back of your commitment for selling, you should be organized to supply a concise answer that is based on the facts pertaining to your unique circumstances. Keep away from lengthy arguments or sharing “war stories.” Be genuine without having or going in to unneeded details.

Learn More Go To: Minnesota Business Brokers www.Minnesota-BusinessSales.com Receive the e book and Sellers Video Training “What You MUST Know BEFORE You List It For Sale”.