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Showing posts with the label legal

What is my business worth? Don't be the Fisherman

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What is my business worth in Florida? Get Real and Don’t be the Fisherman February 12, 2018  by  Michael Shea PA   (Edit) Just the other day I was in my CPA’s office and one of the partners saw me and took me to the break room. Seems one of his clients was paying a outside firm a fee to tell him what his business was worth. I’m sure if you are a business owner of any duration of time that you have gotten: direct mail, faxes (yes there are still faxes), email, and cold calls all soliciting you for the opportunity to tell you what your business was worth and to “oh by the way” receive a handsome fee. In this particular case the CPA was asking me if I ever saw a 5 multiple…..in honesty I had to tell him no. Further qualifying it I said….”5 multiples are for businesses getting netting well over 1 million dollars in ebitda and even then that is rare indeed”. What was so funny about the conversation was that by this time 3 other CPA’s had joined in and we actually w...

Five Star Travel Agency for Sale

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Five Star Travel Agency 2301-91042 ← Back Request More Information Description Dominant, full service, online travel and transportation agency. Services include travel, vacation packages, transportation and entertainment. Online business = low overhead. Business has a strong history of performance with 5 star reviews and many loyal clients. Family issues force sale. Solid E2 business for visa buyers. Listing Details Price: $120,000USD Down Payment: $120,000USD Gross Revenue: $133,119USD Sellers Discretionary Earnings: $70,166USD Category: Travel, Travel Agency Location: Orange, Florida Employees: 1 Years Owned: 7 Reason for Selling: Discuss with seller
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Kid’s Indoor Playground 2301-86812 ← Back Request More Information Send Via Email Description Unique walk-in indoor playground and party facility that you won’t find anywhere else! For children who are under 8 years old only. Original Location of Master Franchisor. Easy to run and profitable. Contact Agent and Fax NDA. E2 Visa doable Listing Details Price:  $450,000 USD Down Payment:  $450,000 USD Gross Revenue:  $309,089 USD Sellers Discretionary Earnings: $106,701 USD Category:  Child Care, Childs Play Center Location:  Seminole, Florida Employees:  5 Years Owned:  3 Inventory:  $3,000 USD FF&E:  $200,000 USD Reason for Selling:  Discuss with Seller Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning ...

Absetee Breakfast Lunch for Sale

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ABOUT BUYING A BUSINESS SELL A BUSINESS FRANCHISE CONTACT Breakfast & Lunch Restaurant 2301-86892 ← Back Request More Information Send Via Email Description Profitable Breakfast and Lunch restaurant established 17 years. Absentee owned. Great records in quickbooks, tight processes and staff. Loyal customers and a simple menu make this a solid deal for the established operator or first timer. Ideal E2 or sole proprietor business for owner looking to work and further drive the profits. E2 visa doable Listing Details Price:  $185,000 USD Down Payment:  $145,000 USD Gross Revenue:  $286,414 USD Sellers Discretionary Earnings: $63,701 USD Category:  Restaurants, Breakfast Lunch Location:  Volusia, Florida Employees:  10 Years Owned:  17 Inventory:  $3,500 USD FF&E:  $10,000 USD Reason for Selling:  Discuss with Seller Transworld Business Advisors is t...

Tour Operator For Sale

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0 Yr Old Tour Operator 2301-79448 ← Back Request More Information Send Via Email Description 20 Year old Tour operator specializing in graduation celebrations and school trips. Parks, Beaches, Cruises, Adventure tripsare a specialty of this all inclusive tour management company. Great E2 and L1 business and add on for existing tour operator. Home based, steady cash flows and consistent performance. Ideal opportunity for tourism and related industries to improve margins with low overhead high profit model. Contact Agent and Fax NDA. Listing Details Price:  $700,000 USD Down Payment:  $650,000 USD Gross Revenue:  $295,489 USD Sellers Discretionary Earnings: $242,983 USD Category:  Travel, Tour Operator Location:  Osceola, Florida Employees:  7 Years Owned:  20 FF&E:  $1,000 USD Reason for Selling:  Retirement Transworld Business Advisors is the world leader in the marketi...
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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/

Legal Due Diligence in the Business Acquisition

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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