Your Orlando Florida Business Broker

Buying A Business and Getting Past the Gate Keeper / Business Broker February 16, 2018  by  Michael Shea PA   (Edit) Would you believe that less than 10% of all buyers who inquire on a business sale or into the process of buying a business ever get to the closing table. Well, it is true…sadly. The reasons for such a miserable number are many: lack of knowledge, lack of funds, financing and capital issues, frustrations, and sometimes road blocks from “advisors” of both buyers and sellers. Many times I have been asked what is the most important element to successfully buying or selling a business and it all comes down to one thing “Education”. That includes education on finance, accounting, business management, roles of the parties to the transaction, and of course the process. Buyers have to keep in mind that regardless of market conditions, unlike real estate where the market switches between a “buyer’s” or “seller’s” market, in the business sale sector, ...

The Frustrations of Buying A Business January 23, 2018  by  Michael Shea PA Time and Time again I have met buyers who are encountering  frustrations  in the buying of a business. The reasons vary from buyer to buyer but if I may let me offer some specifics to the buying process as it relates to the Orlando Florida and Kissimmee Markets. 1. First thing, recognize t that there is a market and there is competition. Orlando is one of the few places where there are outside factors like immigration buyers that impact the purchase process. Buyers of businesses looking for visas have additional concerns like steady cash flow, simplicity, need for home-based businesses, and the ever-present concern of the target meeting the needs of the USCIS for E2 investor Visa’s 2. How you did things in your country or state or in your past professional life will not dictate the process here on the ground. There are outlined and defined processes here. Choosing to accept them a...

RV Repair Remodel & Body Shop 2301-74580 ← Back Request More Information Send Via Email Description Custom Collision, Repair, Remodel and Body Shop for the RV and Travel Coach industry. Ideal Location in heart of Florida tourism area with state of the art facility and paint booth. Ideal L1 Visa or E2 Visa business. Contact agent and Fax NDA and financial statement. Highly confidential Listing Details Price:  $1,450,000 USD Down Payment:  $1,250,000 USD Gross Revenue:  $1,783,783 USD Sellers Discretionary Earnings: $334,108 USD Category:  Automotive, Auto Body Shop, Automotive Painting Location:  Polk, Florida Employees:  12 Years Owned:  20 Inventory:  $50,000 USD FF&E:  $100,000 USD Reason for Selling:  Retirement https://www.tworld.com/orlando/listings/rv-repair-remodel-body-shop/

Does Your Business Broker Create Scarcity April 24, 2017  by  Michael Shea PA Often misunderstood at the mainstreet and middle market segments of business sales is the leveraging of the element of scarcity. When large companies with EBITDA over $1MM dollars go to market for sale they often are sold in an auction format. No price set and buyers who need to grow and fit strategically submit offers and terms. The leverage and control is the sellers. Now there are obviously some games and tactics used by buyers to give sellers haircuts prior to close but….leverage remains the sellers. The reason private bankers and M&A professionals do this is to create competition and drive the principle of Scarcity into the process. Conversely, when small business’s or middle market companies go to market they often have a price. And frankly, there are lots of good reasons as to why that is so which can be talked about later. However, Scarcity as a principle can and should still...

Not all Lawyers are the Same August 18, 2016  by  Michael Shea PA When you go to the hospital (where I am sitting right now with my mother) you go to see specific doctors for specific specialties. All Doctors (and yes believe it or not, Lawyers are technically doctors “juris doctor” .  Anyway if you had to have open heart surgery I imagine you would not go to a Gastroenterologist or a Anesthesiologist and ask them to crack your chest. So to should be the selection of a attorney when selling a business deal. Picking a “swiss army knife” (do it all attorney) has a bucket load of consequences that will more than likely cause you much pain and probably a deal.  An attorney that is specialized in one area of practice has a focus and skill achieved from long experience. Here are some local good attorneys to choose when doing a business deal http://www.achievelegal.com/ http://www.generalcounseladvisors.com/ http://www.skutnerlaw.com/

Legal Due Diligence at the M&A January 22, 2016  by  Michael Shea PA Although Josh Logan at Achieve Legal in Orlando has oriented this to the M&A level of business sales there are some lessons to be learned from this youtube video. Good Legal counsel is critical in a deal.  Filed Under:  Buy a Business ,  Immigration and Business Buying for Foreign Nationals ,  Selling A Business, Selling Your Company Tagged With:  #business #businessbroker #sell your business ,  #buyabusiness #businessbuyer #Buyereducation ,  #buyabusiness #sellingabusiness #merger #aquisition ,  #sellingabusiness #sellerfinance #buyingabusiness ,  due diligence ,  Transworld