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Showing posts with the label selling
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One of the more popular small businesses bought and sold here in the Central Florida Market are pool routes and businesses. To the outsider, the business seems simple enough. You clean a pool, add some chemicals and bam....you're done. At a macro level that is correct but I thought I would provide some insights having sold over 50 of these things in the last 12 years that a novice or first time buyer may find of interest. And lets face it there is some self interest in this....I want you to be successful and educated in this process and I also do not want all the space left to the powers that be who put out rules of thumb as if it is Gospel. So here in short are my bullet point items of information for you to ponder and chew on. If you want to view current listings of businesses for sale in the pool service vertical visit my  site  . Hope these tips give you something to chew on as you analyze this space.

The Top 5 Reasons People Sell Their Business

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The Top 5 Reasons People Sell Their Business One of the very first questions a buyer asks is “Why?”  “Why are you selling your business?”  Invariably,  behind it is a mistrust or doubt driven by horror stories grounded in very little truth but it is an important question as it sets the context for how a business is run and why certain things are the way they are. After 15 years of M&A and Business Sales and literally hundreds of completed transaction I can tell you two things emphatically: 1) 99% of the time Sellers tell the truth 2) Proper Due Diligence discovers the other issues. Now, as to the question at hand. The  fundamental reason a business owner makes the decision to sell a business may not necessarily be for financial reasons, but to free up resources, focus on other priorities or make time for other opportunities. In this article, we review why owners might decide to sell a business, along with some steps to consider when preparing for the ...

The Frustrations of Buying a Business in Orlando

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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...

Profitable Businesses for Entrepreneurs to Buy in Florida

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Profitable Industries for Small Business December 18, 2017  by  Michael Shea PA Any good endeavor starts with a good idea – and the same is true for small businesses. While profit isn’t the only factor for a small business owner to consider, it’s an important place to start. Other factors to consider include whether the business matches your interests and skills, and what sort of barriers to entry are required such as licensing or training. If this sounds like a lot to navigate, do not fret –  Transworld  is here to help. We can help you go through an idea validation process – including market research and financial feasibility – before you’re too far in.  Transworld  can help you to do your research to make sure the concept will succeed. Owning a profitable small business is a great way to build wealth and take charge of your own destiny. The professionals at Transworld can help you get there. A recent study from Sageworks identified some of th...

5 Steps to Selling Your Business

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Selling a business is rarely an easy decision to make and there can be a great deal of complexities involved in the process. Most importantly, before finding a qualified broker to proceed with the transaction, you’ll need to take several important preliminary steps to prepare yourself and your business. Timing is Everything Selling requires careful planning and Transworld is here to help. We will help you consider the business’s ability to sell, its readiness, and your timing. The old saying that the early bird gets the worm is also true when it comes to selling your businesses. Preparing for the sale as early as possible will help you improve your financial records, business structure, and customer base. These improvements will also ease the transition for the buyer and keep the business running smoothly. Ideally, owners should begin getting their businesses ready to sell before they hope to close a deal, to slowly wean themselves from the day-to-day responsibilities and gett...

How a Business Broker Adds Value When Selling Your Business

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Business brokers, also called business transfer agents, or intermediaries, bring many benefits to the table for buyers and sellers as they assist in the process of buying and selling a business.  Transworld Business Advisors  is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life. Transworld Business Advisors help sellers to locate and vet potential buyers. On the other side, buyers also rely on Transworld Business Advisors to help facilitate the process of  evaluating potential businesses and franchises for sale . A Transworld Business Advisor is the solution for both scenarios for several reasons. Confidentiality.  Business brokers like Transworld Business Advisors are experienced in marketing a business without identifying it and will protect the identity of the company for sale. Business brokers like Transworld Business Advisors have ...

How to determine if it is time to sell your business

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As it is with many things in life, timing is everything – especially when determining the right time to sell your business. Transworld presents the following list of questions that will you help determine if you should sell your business. Consider them carefully and answer them honestly: Am I ready to sell? Do I feel more exhaustion or passion when running the business? Could selling the business solve a problem or meet a strategic goal? Do I have the right people in the right positions to lead the company to the next level under new ownership? Will someone appreciate the business enough to buy the business? Do I have a viable business model? Is the timing right to put my business up for sale? Is the market right for me to sell? Do I have, or can I get, a top-notch team to market my business? Is the business ready to sell? Are my financials well-positioned and projected to show profit and growth? Can my business adapt and cope with the changes on the horizon? If you...

Goodwill When Buying or Selling A Business

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Goodwill When Buying or Selling A Business October 31, 2017  by  Michael Shea PA   (Edit) man and woman shaking hands in front of laptop A business’s true worth is often far more than the value of its individual parts. When buying or selling a business, goodwill represents the value of the business that is above and beyond the worth of separately identifiable tangible business assets. Unlike physical assets, like buildings or equipment, goodwill is an intangible asset. What Are the Factors that Contribute to the Creation of Business’s Goodwill? Business goodwill reflects the synergy among the various assets in a well-run business that are used to generate revenue. Although it can be difficult to price, determining the value of goodwill can make a company more valuable. However, since the components that make up goodwill have subjective values, there is also a risk that a business could over or undervalue goodwill during a business valuation. Business owners may be...

Specialized Interior Design Business

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ABOUT BUYING A BUSINESS SELL A BUSINESS FRANCHISE CONTACT Specialized Interior Design Business 2301-87748 ← Back Request More Information Send Via Email Description Interior Design business specializing in artificial trees, flowers, and plants as well as Christmas lighting and décor. These custom designed arrangements are used in homes, offices, businesses, and even weddings. Established for over 30 years, this business has a great reputation. Sale includes a fleet of three trucks. Good records and an ideal E2 visa business. Listing Details Price:  $150,000 USD Down Payment:  $150,000 USD Gross Revenue:  $877,700 USD Sellers Discretionary Earnings: $73,179 USD Category:  Business Services, Christmas Lights, Flower Related, Artificial Flowers, Interior Design/Dec, Home Interior Design Location:  Orange, Florida Employees:  3 Years Owned:  32 Inventory:  $100,000 USD FF&E: ...

Successful absentee breakfast lunch business

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Breakfast, lunch resturaunt 2301-86892 ← Back Request More Information Send Via Email Description 17 year old absentee and profitable breakfast lunch. Ideal E2 business or sole proprietor biz for owner looking to work and further drive the profits. Great records in quickbooks, tight processes and staff. Loyal customers and simple menu make this a solid deal for the established operator or first timer. Contact Agent and Fax NDA – 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:  $35,005 USD FF&E:  $10,000 USD Reason for Selling:  Discuss with Seller Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial ...