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Showing posts with the label price

Confidentiality in the Business Sale and Why is it so Important

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A close up of the tab from a confidential file folder. When you are buying or selling a business confidentiality is one of the most important factors.  Now to the novice negotiator, buyer or seller with a lack of experience or understanding of all the things that can go wrong you may find that odd but let me explain. First….the sale of a business is a private matter and the only people who should be involved are those necessary: Buyer, Seller,  Broker  if there is one,  CPA’s , and  Legal Counsel .  That’s it.  No one else has a need to know.  As a seller who spends a lot of time with employees, there is often some emotion and misguided feelings of emotion/loyalty borne out of concern for your staff. But I would charge that to be misguided.  Here is how sellers should look at the deal:  Employees should be focused on their job and job alone.  The sale is to be handled by the players hired to manage the transaction.  Any tim...

Breakfast Lunch Restaurant for Sale

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Breakfast & Lunch Restaurant 2301-90969 ← Back Request More Information Description Successful breakfast and lunch restaurant established for 13 years. This restaurant is the place for locals and seasonal travelers. Great location 2700 sq ft corner unit in a nice plaza. Simple menu serving up breakfast and lunch favorites. Open until 2:00 means you can be home in the evenings with this solid breakfast lunch operation. E2 and L1 doable. Listing Details Price:  $220,000 USD Down Payment:  $220,000 USD Gross Revenue:  $600,000 USD Sellers Discretionary Earnings: $120,000 USD Category:  Restaurants, Breakfast Lunch, Diner, American Restaurant Location:  Polk, Florida Employees:  6 Years Owned:  13 FF&E:  $60,000 USD Reason for Selling:  Retirement Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Wheth...

Successful Bar For Sale

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ABOUT BUYING A BUSINESS SELL A BUSINESS FRANCHISE CONTACT Successful Bar / Restaurant 2301-86956 ← Back Request More Information Send Via Email Description Successful 7 Year old Bar / Restaurant. Solid Books and long term staff. Ideal passive or active owner opportunity for ownership. Loyal customer base and great reviews. Contact agent for information. Highly confidential. E2 and or L1 visa doable. Listing Details Price:  $299,000 USD Down Payment:  $274,000 USD Gross Revenue:  $1,167,255 USD Sellers Discretionary Earnings: $134,326 USD Category:  Liquor Related Biz, Bar/Restaurant, Sports Bar, Beer/Wine Bar Location:  Orange, Florida Employees:  11 Years Owned:  7 Inventory:  $15,000 USD FF&E:  $50,000 USD Reason for Selling:  Discuss with Seller Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises a...

Coin Laundry for Sale / #businessforsale

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Coin Laundry 2301-71403 ← Back Request More Information Send Via Email Description Long standing coin laundry in fantastic area with commuters, hotel and airport traffic. Long standing lease and long term clients. Wash & Dry and Fold Service along with Dry cleaning services offered. Equipment is in solid condition. Good Records that are provable. Contact agent and fax NDA. SDE reflects working owner. Listing Details Price:  $250,000 USD Down Payment:  $250,000 USD Gross Revenue:  $188,012 USD Sellers Discretionary Earnings: $69,290 USD Category:  Services, Laundry Services Location:  Pinellas, Florida Employees:  2 Years Owned:  7 Inventory:  $200 USD FF&E:  $50,000 USD Reason for Selling:  Retirement Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minde...

Hire the Best Business Broker

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Hire the Best Business Broker January 27, 2017  by  Michael Shea PA Business sales are hot! Volume is up and every entrepreneur believes they have the best business and that it is worth millions. So when it comes time to sell their business they do what most people do….the google to see how and who can sell their business. That is where the very first hurdle it. How do you choose the right broker to sell your business? One would think that when choosing to conduct one of the largest and most complicated financial transactions of your life you would choose carefully and do a certain amount of research. You would interview, look at track records, and choose a professional that has a demonstrated history of outcomes of success. Turns out that is not what occurs….all too often business owners and entrepreneurs choose their business brokers or advisors based on price (commission) and or whoever was the first person in the door. One of the reasons that less than 20% of a...
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Price vs Value in buying a business December 29, 2015  by  Michael Shea PA PRICE: The amount of dollars or consideration a buyer agrees to pay and a seller agrees to accept under specific circumstances surrounding a transaction. VALUE: The worth of something There is is….two simple definitions that drive the question of every #business sale in Orlando and anywhere else. Add to that mix conundrum the many #advisors and #opinions that get thrown into the mix and you get a scary statistic. Namely less than 20% of all businesses that go to market sell. I could go on for days about business value but the simple answer to this challenge is deals only get done when one does not fixate on value or price (buyer or seller) and each party recognizes the deal has to work for both. Some things to recognize in no particular order: 1. There is a vibrant and fluid marketplace here in Florida. Business sales are tracked far more closely than any other state in the union so th...