This Week's BBF New/Revised Florida Restaurants For Sale (Oct. 31)

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

Restaurants

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-35018323	Miami-Dade, Florida USA	American Restaurant	105,000	105,000	0	0
BBF-90721016	Lee, Florida USA	American Restaurant	300,000	300,000	150,000	950,000
BBF-95102064	Lee, Florida USA	American Restaurant	355,000	195,000	192,428	638,000
BBF-894017145	Levy, Florida USA	American Restaurant	499,000	499,000	78,668	1,050,949
BBF-43918327	Orange, Florida USA	American Restaurant	649,000	324,500	284,155	1,706,728
BBF-115816826	Miami-Dade, Florida USA	American Restaurant	690,000	690,000	101,000	650,000
BBF-43918326	Osceola, Florida USA	American Restaurant	990,000	495,000	308,326	2,587,706
BBF-75611160	Saint Johns, Florida USA	American Restaurant	1,595,000	800,000	320,220	1,400,000
BBF-90406218	Lee, Florida USA	American Restaurant	1,650,000	660,000	309,120	894,532
BBF-44500907	Brevard, Florida USA	Bagel Restaurant	39,900	20,000	30,000	120,000
BBF-16417076	Palm Beach, Florida USA	Bagel Restaurant	125,000	125,000	82,355	776,407
BBF-44500906	Brevard, Florida USA	Bagel Restaurant	149,900	75,000	73,000	240,000
BBF-35018355	Broward, Florida USA	Banquet Hall/Caterer	325,000	250,000	0	0
BBF-35312383	Palm Beach, Florida USA	Banquet Hall/Caterer	400,000	200,000	201,731	701,982
BBF-35015138	Miami-Dade, Florida USA	Banquet Hall/Caterer	625,000	575,000	230,597	750,509
BBF-95100312	Lee, Florida USA	Barbecue Restaurant	45,000	45,000	46,233	225,000
BBF-29001415	Broward, Florida USA	Barbecue Restaurant	275,000	275,000	117,277	706,864
BBF-72002150	Saint Johns, Florida USA	Breakfast Lunch	80,000	50,000	67,830	146,976
BBF-16417426	Palm Beach, Florida USA	Buffett	59,000	40,000	0	0
BBF-41507305	Brevard, Florida USA	Cafe Type Eatery	69,000	69,000	20,126	171,438
BBF-35018070	Miami-Dade, Florida USA	Cafe Type Eatery	75,000	75,000	0	0
BBF-47812039	Lake, Florida USA	Cafe Type Eatery	175,000	175,000	62,000	275,000
BBF-41507318	Brevard, Florida USA	Cafe Type Eatery	199,000	199,000	0	0
BBF-35012734	Miami-Dade, Florida USA	Cafeteria	75,000	75,000	0	0
BBF-47812038	Seminole, Florida USA	Catering	80,000	80,000	56,000	310,000
BBF-35018291	Broward, Florida USA	Catering	250,000	225,000	0	0
BBF-411000904	Orange, Florida USA	Deli Restaurant	95,000	95,000	41,228	120,000
BBF-24900128	Miami-Dade, Florida USA	Deli Restaurant	149,000	149,000	65,135	240,000
BBF-40001678	Orange, Florida USA	Diner	99,000	99,000	44,736	232,100
BBF-90406348	Withheld, Florida USA	Diner	99,000	99,000	79,292	217,292
BBF-41870059	Orange, Florida USA	Diner	149,000	75,000	77,471	381,627
BBF-35017990	Miami-Dade, Florida USA	Ethnic Restaurant	80,000	80,000	0	0
BBF-43916044	Orange, Florida USA	Ethnic Restaurant	80,000	50,000	40,000	120,000
BBF-894012519	Pinellas, Florida USA	Ethnic Restaurant	115,000	50,000	45,972	156,000
BBF-35016781	Broward, Florida USA	Ethnic Restaurant	120,000	60,000	50,000	200,000
BBF-81081056	Pinellas, Florida USA	Ethnic Restaurant	150,000	100,000	72,659	289,943
BBF-90731712	Lee, Florida USA	Ethnic Restaurant	150,000	0	97,000	550,000
BBF-16412583	Palm Beach, Florida USA	Ethnic Restaurant	175,000	175,000	88,604	1,057,714
BBF-16418361	Orange, Florida USA	Ethnic Restaurant	275,000	125,000	0	0
BBF-890712026	Pinellas, Florida USA	Family Style	59,000	20,000	60,172	193,656
BBF-95101037	Collier, Florida USA	Family Style	125,000	75,000	132,474	295,000
BBF-41350104	Flagler, Florida USA	Family Style	320,000	220,000	109,745	633,236
BBF-890712017	Hillsborough, Florida USA	Fast Casual	30,000	20,000	3,750	85,152
BBF-35015888	Miami-Dade, Florida USA	Fast Casual	275,000	225,000	0	0
BBF-39134567	Broward, Florida USA	Fast Food Franchise	79,900	79,900	60,430	305,001
BBF-29000042	Broward, Florida USA	Fast Food Franchise	210,000	150,000	108,062	290,348
BBF-91702144	Lee, Florida USA	Fast Food Franchise	269,000	269,000	129,999	293,250
BBF-18604286	Palm Beach, Florida USA	Fast Food Franchise	295,000	295,000	104,071	326,880
BBF-41870058	Orange, Florida USA	Fast Food Franchise	395,000	395,000	99,131	580,123
BBF-35017650	Miami-Dade, Florida USA	Fast Food Franchise	1,000,000	800,000	0	0
BBF-87800044	Hillsborough, Florida USA	Fast Food Mall	69,900	69,900	81,328	163,000
BBF-29000015	Broward, Florida USA	Fast Food Mall	210,000	150,000	108,062	290,348
BBF-35018292	Broward, Florida USA	Fast Food-No Franchise	95,000	95,000	0	0
BBF-91702143	Lee, Florida USA	Gourmet Dining	79,900	79,900	0	0
BBF-90406162	Lee, Florida USA	Gourmet Dining	195,000	55,000	198,170	693,375
BBF-24900129	Miami-Dade, Florida USA	Gourmet Dining	250,000	250,000	67,000	320,000
BBF-87200167	Polk, Florida USA	Italian Restaurant	59,000	59,000	31,238	202,310
BBF-16412625	Palm Beach, Florida USA	Italian Restaurant	200,000	100,000	131,422	571,042
BBF-24902004	Miami-Dade, Florida USA	Italian Restaurant	220,000	220,000	98,600	480,000
BBF-41107044	Orange, Florida USA	Italian Restaurant	250,000	125,000	26,700	438,123
BBF-74717950	Duval, Florida USA	Italian Restaurant	325,000	225,000	82,539	647,765
BBF-28803039	Palm Beach, Florida USA	Latin Restaurant	325,000	325,000	299,600	720,000
BBF-55302012	Seminole, Florida USA	Mexican Restaurant	80,000	50,000	85,000	540,000
BBF-43916815	Orange, Florida USA	Mexican Restaurant	110,000	110,000	85,728	324,795
BBF-74718038	Duval, Florida USA	Office Bldg Restaurant	47,000	47,000	26,616	70,093
BBF-88300164	Polk, Florida USA	Office Bldg Restaurant	59,000	40,000	43,000	150,000
BBF-16411674	Broward, Florida USA	Office Bldg Restaurant	94,000	70,000	76,898	200,000
BBF-24909002	Miami-Dade, Florida USA	Office Bldg Restaurant	285,000	285,000	67,031	193,460
BBF-88300173	Pasco, Florida USA	Pizza Shop	49,900	30,000	53,000	185,000
BBF-890808107	Polk, Florida USA	Pizza Shop	57,000	57,000	0	0
BBF-40001667	Lake, Florida USA	Pizza Shop	60,000	60,000	50,895	282,561
BBF-35018065	Miami-Dade, Florida USA	Pizza Shop	75,000	50,000	0	0
BBF-41507317	Brevard, Florida USA	Pizza Shop	79,000	79,000	27,220	202,800
BBF-24900112	Miami-Dade, Florida USA	Pizza Shop	98,000	98,000	57,000	216,000
BBF-90406277	Lee, Florida USA	Pizza Shop	120,000	60,000	38,194	296,159
BBF-47811041	Duval, Florida USA	Pizza Shop	150,000	85,000	157,000	360,000
BBF-95101032	Lee, Florida USA	Pizza Shop	200,000	100,000	132,254	186,532
BBF-114510002	Broward, Florida USA	Pizza Shop	249,000	249,000	334,000	662,000
BBF-87100305	Pinellas, Florida USA	Pizza Shop	599,000	300,000	83,566	540,000
BBF-87100808	Pinellas, Florida USA	Pizza Shop	599,000	300,000	83,566	540,000
BBF-892300532	Pinellas, Florida USA	Pizza Shop	1,125,000	1,125,000	304,531	2,335,537
BBF-29001215	Broward, Florida USA	Restaurant Bakery	210,000	150,000	108,062	290,348
BBF-29000452	Broward, Florida USA	Restaurant/Mall	210,000	150,000	108,062	290,348
BBF-35316758	Saint Lucie, Florida USA	Specialty Restaurant	50,000	50,000	33,940	75,000
BBF-890807575	Polk, Florida USA	Specialty Restaurant	110,000	110,000	204,613	552,609
BBF-84700015	Pinellas, Florida USA	Specialty Restaurant	150,000	150,000	72,974	268,774
BBF-28803047	Palm Beach, Florida USA	Take Out Only	55,000	25,000	0	0
BBF-17008167	Saint Lucie, Florida USA	Take Out Only	134,000	53,600	60,274	494,820

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

Biz Brain: Buy-Sell Agreement Protects Both Partners | NJ.com

Biz Brain: Buy-Sell Agreement protects both partners | NJ.com:

"My business partner and I have owned an S Corp. small business – 50-50 – since 2011. Last year, I suggested a life insurance policies for both of us, and we now have $500,000 of coverage each. In the case of death of either partner, would the survivor pay the deceased’s spouse half of what the company is worth, about $98,000? Or is it fair that the survivor would pay the deceased’s spouse $250,000 – half the insurance policy – which would provide security. That’s what my wife and I think is fair. My business partner and I a very good working relationship. Is there a proper way or template to write this as an amendment?"

Click on the Article Title above for the answer.

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

This Week's New BBF Businesses For Sale in SWFL (Oct 29)

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

Advertising

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-90406274	Lee, Florida USA	Advertising Agency	39,000	29,000	44,380	103,329

Agricultural

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102053	Lee, Florida USA	Nursery/Plants	1,900,000	1,900,000	175,000	800,000

Animals/Pets

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95312048	Lee, Florida USA	Pet Containment	65,000	55,000	17,411	57,566

Antiques

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102062	Collier, Florida USA	Antiques Dealer	890,000	890,000	102,634	407,484

Automotive

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-94810002	Lee, Florida USA	Auto General Repair	2,095,000	2,095,000	265,111	1,698,763
BBF-95106003	Lee, Florida USA	Auto Restoration	75,000	75,000	47,033	157,395
BBF-95106005	Charlotte, Florida USA	RV Sales/Service	299,000	299,000	105,554	446,295
BBF-93700791	Lee, Florida USA	Truck Repairs	1,680,000	1,680,000	0	0

Aviation

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102040	Lee, Florida USA	Aircraft Maintenance	900,000	900,000	65,124	636,369
BBF-95106001	Charlotte, Florida USA	Aviation FBO	2,500,000	2,500,000	305,809	1,190,943

Beauty/Personal Care

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102061	Lee, Florida USA	Hair Salon	69,000	69,000	0	0
BBF-95102057	Charlotte, Florida USA	Hair Salon	169,000	95,000	37,172	71,505

Cleaning

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-93700837	Lee, Florida USA	Maid Service	140,000	140,000	46,739	158,196

Clothing

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102059	Lee, Florida USA	Embroidery Service	225,000	225,000	36,457	260,771

Construction

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95101009	Charlotte, Florida USA	Cabinet Resurfacing	150,000	45,000	54,181	230,965
BBF-95101022	Lee, Florida USA	Contractor Drywall	75,000	75,000	54,252	156,460

Distribution

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-93701791	Lee, Florida USA	Dist-Consumer Products	1,680,000	1,680,000	0	0

Electronics/Computer

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-92401184	Lee, Florida USA	Computer Repair	145,000	95,000	78,882	244,789

Flooring

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102048	Lee, Florida USA	Flooring Products	89,000	89,000	61,618	290,135

Food Business Retail

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102055	Collier, Florida USA	Deli/Catering	63,900	63,900	0	0

Furniture Retail

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95101024	Charlotte, Florida USA	Furn Retail Lawn/Patio	115,000	60,000	43,000	170,000
BBF-95102052	Collier, Florida USA	Furniture Store	395,000	200,000	103,845	459,132

Liquor Related Biz

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-93700887	Lee, Florida USA	Liquor Nite Club	299,000	150,000	0	0
BBF-90780212	Lee, Florida USA	Sports Bar	300,000	300,000	150,000	950,000

Manufacturing

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-894018349	Lee, Florida USA	Mfg-Cement Products	2,911,600	2,361,600	750,765	2,138,894

Marine Related

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95106002	Lee, Florida USA	Boat Club	28,000	28,000	24,202	110,290

Pack/Ship/Postal

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95400024	Lee, Florida USA	Postal/Mailbox/Misc	49,900	49,900	22,818	136,391

Real Estate Related

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102058	Lee, Florida USA	Property Management	185,000	185,000	57,927	152,113

Recreation

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102026	Lee, Florida USA	Game Room	80,000	80,000	45,989	116,263

Restaurants

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-93700888	Collier, Florida USA	American Restaurant	49,000	49,000	0	0
BBF-90721016	Lee, Florida USA	American Restaurant	300,000	300,000	150,000	950,000
BBF-95102064	Lee, Florida USA	American Restaurant	355,000	195,000	192,428	638,000
BBF-93701888	Collier, Florida USA	Cafe Type Eatery	49,000	49,000	0	0
BBF-95312026	Lee, Florida USA	Deli Restaurant	85,000	85,000	69,758	172,176
BBF-90406349	Collier, Florida USA	Ethnic Restaurant	135,000	135,000	0	0
BBF-90731712	Lee, Florida USA	Ethnic Restaurant	150,000	0	97,000	550,000
BBF-91702144	Lee, Florida USA	Fast Food Franchise	269,000	269,000	129,999	293,250
BBF-91702143	Lee, Florida USA	Gourmet Dining	79,900	79,900	0	0
BBF-90406277	Lee, Florida USA	Pizza Shop	120,000	60,000	38,194	296,159

Retail Miscellaneous

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-95102056	Lee, Florida USA	Consignment Shop	95,000	95,000	0	0

Transportation

Listing No.	Location	Category Detail	Price	Down	Adj Net	Sales
BBF-16411816	Collier, Florida USA	Equip Delivery	6,500,000	5,200,000	1,354,056	4,494,680

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

How Much Is My Salon/Spa Worth?

A question on the top of every business owner’s mind is, “how much is my business worth?”

With season upon us, I thought this would be a good time of year to update salon and spa owners on business transactions throughout Florida and give them some data regarding pricing and available opportunities. Here are some numbers to ponder:

• 29 = the number of salons and spa businesses sold to date in 2012 by Business Broker of Florida Association members.

• $89,000 = the average price of the sold salon/spa businesses.

• $60,000 = the average owner benefit generated in each sold salon/spa business.

• 1.37 = the owner benefit multiple (sales price divided by owner benefit) of the 29 sold salon/spa businesses .

• 1.26 = the historical owner benefit multiple of all salon/spa businesses ever sold in the state of Florida.

• 93% = the average percentage down of the 29 sold salon/spa businesses.

What does this mean?
Salon/spa businesses are in demand. And, in spite of a more conservative and cash strapped buying clientele, buyers are still paying at or above historical multiples with a percent down not realized in many other industries. If you have been contemplating selling your salon/spa business, now is a great time! Please contact me for a no obligation discussion.

Or, if you, or someone you know are interested in purchasing a salon or spa, below are our present listings:

Beauty - Hair Salon/Day Spa, Lee County, FL
Price $135,000; SDE $69,727; Revenue $489,939Very stylish & spacious with excellent exposure on major highway. Luxurious setting whether present for hair, chemical, mani, pedi, nails, facials, waxings, tan and other services, or waiting on spouse/friend. Turnkey business. Staff a balance of commission and annual renters.

Beauty - Skin and/or Massage, Lee County, FL
Price $100,000; SDE $72,272; Revenue $213,328Stylish & spacious specializing in skin, massage & related services, eg, body wraps, weight loss & detox. 3rd year in new location w/3000 SF of active space. All employees 1099 with 10 commission and 2 renters. Turnkey business with large customer list and strong relationships with area resorts.

Beauty - Tanning Salon, Lee County, FL
Price $375,000; SDE $166,433; Revenue $453,511Easy business that makes money. Growth potential. 3 highly visible & trafficked locations, top notch equipment, POS system & very clean stores. Each store has 10+ beds with level 1-4 equipment w/lay down & stand up beds. Large customer base with $165k currently in EFT. Seller financing.

Beauty - Tanning Salon, Manatee County, FL
Price $50,000; SDE $0; Revenue $0In Bradenton/Sarasota. 8 lay downs, 2 stand ups, Mystic Tan and airbrush equipment. Tanning software tracks everything. Opened short time but has eclipsed $20K in single month fees. Growing business with ability to increase revenues through retention, EFT or additional services. Less than asset value.

Beauty - Tanning Salon, Palm Beach, FL
Price $135,000; SDE $57,410; Revenue $106,017Located downtown Delray Beach next to dry cleaner, post office, nail salon, gym and high end salon/spa. Only tanning salon downtown. Hyatt hotel set to open 1 block away in Oct. Potential to do airbrush tanning for Hyatt spa. One of the only personalized airbrush tanning salons in Delray & Boca Raton.

 

 

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.