Archive for the ‘buy a florida business’ Category

How much is your Florida Business worth?

December 6, 2017

How much is your South Florida Business worth? If you are selling a business in Florida, or considering taking in an equity partner there are norms that we have found for valuations based on the sale of business in Boca Raton, West Palm Beach, Fort Lauderdale and Miami. To learn more about valuation of a business in Florida www.southfloridaforme.com/SELL-BUSINESS/VALUATION

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SBA Financing Rules are Changing

November 24, 2017

via Buying a Business with SBA Financing

Buying a Florida Business-The New Norm

November 22, 2017

As we start the Thanksgiving Holiday, and people are reflecting on Giving Thanks, I am sharing what I am seeing in the dynamic of why people are Buying a Business in South Florida.Whether you are thinking of moving to South Florida or you already live here, we are seeing a significant trend in the way people are thinking about their retirement. With all of the Baby Boomers moving to Florida and enjoying the great weather and a more relaxed lifestyle there are great opportunities to meet their needs for all of the goods and services they require. Just about every type of business that caters to this population and to the newly revived real estate market is currently experiencing a re-birth along with healthy growth. What is surprising is the number of people who are taking advantage of this market by buying service businesses. Here are a few of the groups that seem to make up a large part of this trend:

First there are South Florida residents who are leaving the jobs they currently have and selling the businesses that they now own to buy businesses that cater to this trend in the areas where the growth is strongest, such as Broward and Palm Beach Counties. They are buying just about any type of business in Boca Raton, Fort Lauderdale, West Palm Beach, etc..that fits the growing needs of this population. They repeatedly tell us that they see this trend continuing for years and that is where they want to be. We think they are exactly correct in positioning themselves this way for the foreseeable future.

The next group that we hear a lot from is people from across the country who have been planning to retire to Florida and have been telling us two different stories. Many see the strong growth in our area as an opportunity to speed up their move to Florida where they see a stronger business climate than where they presently live.  Others are representative of the ‘New Norm’ and are now changing their retirement plans to include a new business venture to supplement the income that has been diminished by the value of their real estate holdings and other assorted ‘victims’ of the changing economy. It is interesting to note that we have seen some people collaborate with friends and relatives to collectively buy a business that they can each work in part time. This may be an interesting trend in itself to watch as it does seem to make a lot of sense for a growing number of people.

Buying a business in Florida is a particularly good idea for a large number of those who want to retire however they are not able to live reasonably on their social security and their savings. Many had planned on a certain return from dividends or interest from their savings and now find these returns almost negligible. In order to supplement their income many are finding that taking their years of experience and putting it to work by buying a business is the most viable option. We see this more and more and I am sure that this trend will continue at least for the foreseeable future. The dream of retirement has been dashed for many Boomers and they have accepted the ‘New Norm’ and are adjusting accordingly.

The business brokerage business in South Florida is very strong right now and it is interesting to note how many people we speak with who just are tired of their present job or business and just want to try something new that they believe they will enjoy more. We love working with this group because of their enthusiasm and their determination to improve their lives. After all, that is what it is all about.

Financing the purchase of a Business in South Florida has become much easier for those with good credit. Additionally, being able to use the funds in your Retirement Account to acquire a business has become a part of the New Norm as the stock market has reached new highs on a daily basis. Also, Seller Financing is available on many of the businesses we currently have available for sale in South Florida.

Search Businesses for Sale in Florida

Please contact me at: edwardsklar@southfloridaforme.comfor sale

Baby Boomers Buying Businesses

August 20, 2017

Baby Boomers Dilemma-Buying a Business at your Age?

 

As a card carrying member of the Boomer generation and a South Florida Business Broker  I hear the stories of why business owners are selling their Florida businesses. Perhaps even more interesting is why so many Boomers are interested in Buying a Florida Business at this stage of their life.

Search Florida Businesses for Sale

This is because many Baby Boomers in Florida are too young to retire, and are facing age discrimination in the corporate world.  What is a better way to use your years of experience in the corporate world than to leverage your strengths  and buy a business in Florida?

 

An interesting tidbit is that those in the age group between 55-64 years of age form businesses at a higher rate than any other age group. Many people in this group have substantial retirement accounts but  realize that starting to use these funds too early makes retirement a tradeoff of trying to live life on a fixed and limited income.

Many people are realizing the cost of living in many places in the country does not enable a lifestyle that is conducive to quality of life that you have work so hard to achieve and why Florida has become a leading choice for those seeking a lifestyle change.

 

As a Boca Raton Business Broker I am primarily involved with South Florida businesses for sale which includes business listings in Palm Beach, Broward, and Dade Counties. However, my membership in the Business Brokers of Florida (BBF) gives me an opportunity to find businesses for sale throughout Florida.

 

Many people I have spoken with are not certain which type of business makes the most  sense for them which has prompted me to create a questionnaire to help narrow down the choices. If you have an interest in receiving a copy of this document send me an email
edwardsklar@southfloridaforme.com  and I will be pleased to send it to you.

 

 

 

 

 

Many of the businesses we have available offer owner financing but

 

here are the most popular funding solutions we use to provide funding:

  • 401(k) Business Financing (Rollovers for Business Start-ups)
  • SBA Loans
  • Unsecured credit
  • Portfolio Loans

 

 

Please think about how secure you will feel in buying a business with established cash flow where your expertise can bring it to another level. All of our clients receive an opportunity to work with our team of professionals for assistance in areas such as legal, accounting, marketing, sales, and business planning.

 

For Sale/Partnership-Skin Cancer Diagnostic Lab Business

August 13, 2017

South Florida company has saturated local market with 14 Medical Laboratories placed in local Dermatology offices. This concept enables patients to receive Next Day Diagnosis to verify if their growth requires further action. The owner is seeking a Strategic Buyer/Partner who has the resources to grow this proven profitable business outside of this local area. Dermatologists are eager to place a lab in their office as it generates a substantial profit center from a small office (or even a closet). Also, patient satisfaction is enhanced by their ability to receive a rapid diagnosis instead of having to wait a week until the lab results come back from the external lab.

Please send your name, address, email, and phone to receive an N.D.A. and Offering Memorandum

Contact:edwardsklar@southfloridaforme.com

Edward Sklar, Business Broker/REALTOR

South Florida for me/United Realty Group

Search Businesses for Sale in Florida

http://www.southfloridaforme.com

Public Relations/Digital Media-For Sale

August 4, 2017

The award winning company has a 30+ year history and has represented a range of companies from Fortune 500 to small firms. In addition to traditional Public Relations, the company is nationally recognized leader in Crisis Management. Additionally, the company has built Digital Media, Video Production, and a Talent Agency into their offerings.

 

The company is a profitable Public Relations firm located in South Florida founded by a legendary figure in the industry. The company has a multi-lingual staff, and has affiliated offices across the world.The staff will remain with the company.

Would you have an interest in learning more about this opportunity? If so, I will send you an NDA, and upon receipt I will send an offering memorandum

 

Please send inquiries to: edwardsklar@southfloridaforme.com

Edward Sklar

Business Broker & REALTOR

United Realty Group/South Florida for Me

 

Search All Businesses for Sale in Florida

Florida Business for Sale

For Sale-Company Specializing in Crisis Management,Public Relations, & Digital Media

July 25, 2017

Has your Company Reputation been Shanghaied? Business Broker working with the sale of a Public Relations company that specializes in Crisis and Media management led by an Industry Guru. This Florida based company has the skill set to handle all Public Relations outreach for your organization, and show a substantial profit. The company has international affiliates, and the multi-lingual staff will remain with the company. This company is attractively priced in the $1m range

For details contact: edwardsklar@southfloridaforme.com

 

HyperFocal: 0Search Businesses for Sale in Florida:
Search Florida Businesses for Sale

 

Using your Retirement Account to Buy a Business

June 30, 2017

Buying a Business using your Retirement Account

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SEEKING FUNDING TO BUY A BUSINESS?

Have you considered using your Retirement Account? Learn more at app.guidantfinancial.com/Partner/Prequal/GetByName/unitedrealtygroup
Searching for the right Business to Buy?
email me at: edwardsklar@southfloridaforme.com

Baby Boomers Dilemma-Buying a Business at your Age?

May 11, 2017

Baby Boomers Dilemma-Buying a Business at your Age?

As a card carrying member of the Boomer generation and a South Florida Business Broker  I hear the stories of why business owners are selling their Florida businesses. Perhaps even more interesting is why so many Boomers are interested in Buying a Florida Business at this stage of their life.

Search Florida Businesses for Sale

This is because many Baby Boomers in Florida are too young to retire, and are facing age discrimination in the corporate world.  What is a better way to use your years of experience in the corporate world than to leverage your strengths  and buy a business in Florida?

An interesting tidbit is that those in the age group between 55-64 years of age form businesses at a higher rate than any other age group. Many people in this group have substantial retirement accounts but  realize that starting to use these funds too early makes retirement a tradeoff of trying to live life on a fixed and limited income.

Many people are realizing the cost of living in many places in the country does not enable a lifestyle that is conducive to quality of life that you have work so hard to achieve and why Florida has become a leading choice for those seeking a lifestyle change.

As a Boca Raton Business Broker I am primarily involved with South Florida businesses for sale which includes business listings in Palm Beach, Broward, and Dade Counties. However, my membership in the Business Brokers of Florida (BBF) gives me an opportunity to find businesses for sale throughout Florida.

Many people I have spoken with are not certain which type of business makes the most  sense for them which has prompted me to create a questionnaire to help narrow down the choices. If you have an interest in receiving a copy of this document send me an email

edwardsklar@southfloridaforme.com  and I will be pleased to send it to you.

Many of the businesses we have available offer owner financing, but please visit this link if you want to know:

How much of a Loan can I Qualify for?

Please think about how secure you will feel in buying a business with established cash flow where your expertise can bring it to another level. All of our clients receive an opportunity to work with our team of professionals for assistance in areas such as legal, accounting, marketing, sales, and business planning.

Financing a Business Acquisition in Florida

April 8, 2017

The Florida Business Brokers  team are members of the Business Brokers of Florida, and provide a concierge approach to helping buyers evaluate the appropriate business to meet their requirements. 

One of the questions we hear most often is how can I finance the business I am interested in?

We have compiled a list of resources for you to begin exploring, and have several lenders available who have been successful in obtaining loans for viable businesses.

One of more popular loans is those guaranteed by the SBA. Please follow this link to view a quick video showing the highlights of this program.

https://www.sba.gov/videos/sba-loans-explained

The State of Florida offers many types of financing:

Florida Development Finance Corporation (FDFC)
State Small Business Credit Initiative (SSBCI)
Enterprise Florida, Inc.’s (EFI) Minority & Small Business, Entrepreneurship and Capital (MaSBEC) division partners with outside organizations to provide small, minority and entrepreneurial companies with training, development and financing options. EFI has an extensive network of state, federal and non-profit resources ready to assist small businesses in accessing capital, entering new markets, and creating revenue growth and job creation.
Capital Programs
EFI facilitates the following capital programs that match qualifying small businesses with lenders that can provide financial assistance and lines of credit:
Small Business Loan Support Program
EFI’s State Small Business Credit Initiative (SSBCI) and Microfinance Guarantee programs are designed to assist small businesses in obtaining loan approvals and leverage private capital for use in startup costs, working capital, business procurement, franchise fees, equipment, inventory, or the purchase of owner‐occupied commercial real estate. The program provides a lender with the necessary security, in the form of a partial guarantee, for the lender to approve a loan or line-of-credit.
Bond Financing
The EFI‐managed Florida Development Finance Corporation (FDFC) was created to be a conduit issuer (not direct issuer) of industrial revenue bonds (IRBs) for small manufacturers and 501(c)3 organizations. The advantage of IRBs is the potential to provide borrowers significant interest and state tax savings. IRB proceeds may be used for capital expenditures only, such as the purchase of land, new long‐term equipment, and building construction/renovations.
Venture Capital Program
The EFI‐sponsored Florida Opportunity Fund provides venture capital for start-up and early-stage businesses. State Venture Capital Programs often take one of two forms: a state-run venture capital fund (which may include other private investors) that invests directly in businesses; or a fund of funds, which is a fund that invests in other venture capital funds that in turn invest in individual businesses. Many factors, particularly resources and available talent, inform a state’s decision on which form to choose.
Phase 0 Program
EFI’s SBIR/STTR Phase 0 Program helps Florida’s small businesses improve their chances of submitting a successful Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) Phase 1 proposal for federal research and development funds. Eligible expenses include market research, technology consulting services, grant writing assistance, related travel and legal/accounting fees.
Minority Business Development
EFI has endeavored to support existing minority development efforts by partnering with established outside organizations to provide small, minority and entrepreneurial companies with training, development and financing options. EFI has an extensive network of state, federal and non-profit resources ready to assist small businesses in accessing capital, entering new markets, and creating revenue growth and job creation. Specifically, a Group of 6 or “G6” partners have been vital to a successful outreach and communication in this area. Our G6 partners include:
The Florida Advisory Council on Small and Minority Business Development
The Florida Association of Minority Business Enterprise Officials
The Florida Consortium of Black Business
The Hispanic Business Initiative Fund

 

Please find much more info on funding and special situations such as businesses likely to secure a visa, businesses for veterans, etc..

If you are interested in finding a business for sale in Florida contact me:

edwardsklar@southfloridaforme.com

 

www.southfloridaforme.com