Members of the Business Brokers of Florida handled almost 850 business sales in 2011. Is yours ready for sale in 2012? There is no charge for an analysis of your business and for an opinion of the likely value in today's market. See the video link for details on how the opinion is determined.
Jon Hunt...jonhhunt@bellsouth.net
http://www.youtube.com/user/staugustinebizbroker?feature=mhee
Buy and Sell Northeast Florida Businesses
Creating opportunities for business owners and those who want to own a business by bringing buyers and sellers together. Topics include small and mid-market business sales, mergers, acquisitions, valuations, financing and consulting.
Wednesday, January 4, 2012
Saturday, December 17, 2011
What's Your Business Worth...No Charge for a review
I've just posted a new video to YouTube showing business owners how we can work together to determine a likely value for their business. Take a look.
What's My Business Worth
What's My Business Worth
Labels:
Business Valuation,
sell a business
Friday, July 29, 2011
The ROI for using a business broker
We often talk to business owners and those who would like to be about the return on investment, also called the acid test. If the numbers don’t provide a solid ROI it’s unlikely a buyer will make an offer or at least one that’s in the neighborhood of the asking price.
But what’s the Return on Investment for using a Business Broker. For buyers it’s a pretty easy decision. A broker does the hard work for you. But a business owner can put the business up for sale without using a business broker. So, as the old commercial said, ‘Where’s the beef?’
There have been studies performed and many who have sold their business said the use of a business broker resulted in a more confidential sale process and reduced stress. But many also said they felt they got more for their business than if they had not used a business broker.
Here are three big reasons it pays to use a business broker:
1. We know how to “package” a business for sale and where to market it. Sure, you can find internet sites to advertise your business, but we know them all and we know which ones are good, better and best. We also market your business to the more than 800 members of the Business Brokers of Florida. That is the business multiple listing service for Florida businesses.
2. We know how to recast your financials to present an accurate picture of true owner benefits. In many cases we seek to undue any tax strategies you or your accountant may have put in place. A tax return’s net number doesn’t reflect the true benefit of owning a company. It’s critical a buyer understand that.
3. Perhaps most importantly we will work to sell your business while you work to maintain or increase the value of your business. If you are taking time to learn the process of selling a business, market your business, respond to inquiries and qualify buyers who is minding the store.
Making the decision to sell a business isn’t easy, but making the decision to use a business broker, and not a residential or commercial broker, should be one of the easiest decisions.
Wednesday, July 20, 2011
Janitorial Service Buiness Price Reduced
We've just reduced the price on this great business to $150,000..which is less than two times the annual owner benefits. This business does not require you to perform the cleaning functions and there is huge room for growth. For more information contact me for a non-disclosure statement.
Wednesday, June 29, 2011
Janitorial Service Buiness Price Reduced
This is a great St. Johns County business. We've just reduced the price to $160,000 and owner benefits are more than $80,000. Sales are up 14 percent year to date. Owners spent little time in this business and the growth potential is tremendous.
Friday, April 1, 2011
The Moving Van Came
I had an interesting experience some time ago. I took a buyer to a meeting with the seller of a sandwich shop.
When asked what his timetable was for selling he said, "Today. I don't want to own this business. I never wanted to own this business."
He certainly gave all the signals of a motivated seller.
The buyer made an offer and there was a counter offer...then the buyer made a better offer, which was, in my opinion, a very good offer.
The seller rejected the offer and the deal died.
This week the moving van came and hauled away the counters, chairs, refrigerators and other equipment.
It's a sad story that did not have to have to be sad. The seller could have walked away with a check and fewer headaches and stress...now he probably still has the headaches and stress, but he doesn't have the check.
When asked what his timetable was for selling he said, "Today. I don't want to own this business. I never wanted to own this business."
He certainly gave all the signals of a motivated seller.
The buyer made an offer and there was a counter offer...then the buyer made a better offer, which was, in my opinion, a very good offer.
The seller rejected the offer and the deal died.
This week the moving van came and hauled away the counters, chairs, refrigerators and other equipment.
It's a sad story that did not have to have to be sad. The seller could have walked away with a check and fewer headaches and stress...now he probably still has the headaches and stress, but he doesn't have the check.
19 Clay County Businesses Listed for Sale
Clay County Jon Hunt 904.823.7225
| Advertising |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703040 | Clay, Florida USA | Advertising/Promotion | 149,000 | 137,000 | 40,200 | 68,350 |
| Animals/Pets |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703014 | Clay, Florida USA | Pet Grooming | 70,000 | 50,000 | 33,840 | 218,000 |
| Automotive |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703134 | Clay, Florida USA | Auto General Repair | 10,000 | 10,000 | 0 | 0 |
| BBF-74702962 | *Lender Pre-Qualified* Clay, Florida USA | Auto Quick Lube | 425,000 | 50,000 | 101,318 | 335,663 |
| Beauty/Personal Care |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-73900329 | Clay, Florida USA | Tanning Salon | 75,000 | 40,000 | 46,322 | 133,693 |
| Cleaning |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703214 | Clay, Florida USA | Maid Service | 225,000 | 125,000 | 66,270 | 679,213 |
| Communications |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74702945 | Clay, Florida USA | Wireless Phone Store | 25,000 | 25,000 | 17,945 | 155,638 |
| Dental Related |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-75609090 | *Lender Pre-Qualified* Clay, Florida USA | Dental Lab | 110,000 | 14,500 | 56,892 | 221,697 |
| Electronics/Computer |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-75609047 | Clay, Florida USA | Electronic Equipment Sale | 280,000 | 224,000 | 74,557 | 558,075 |
| Ice Cream/Yogurt/Ice |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703183 | Clay, Florida USA | Ice Cream Store | 95,000 | 95,000 | 47,567 | 214,490 |
| Liquor Related Biz |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74306286 | Clay, Florida USA | Liquor Bar/Lounge | 660,000 | 660,000 | 58,215 | 293,035 |
| BBF-74703080 | Clay, Florida USA | Liquor Package Store | 125,000 | 125,000 | 52,376 | 330,246 |
| Manufacturing |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-73909279 | Clay, Florida USA | Mfg-Metal Products | 1,700,000 | 1,700,000 | 371,828 | 921,572 |
| Pack/Ship/Postal |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-75512011 | Clay, Florida USA | Postal/Mailbox/Misc | 125,000 | 125,000 | 30,438 | 200,576 |
| Personnel Services |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-72002127 | Clay, Florida USA | Children ID System | 33,500 | 33,500 | 79,030 | 104,000 |
| Recreation |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-74703222 | Clay, Florida USA | Billiard Parlor | 142,500 | 71,250 | 0 | 0 |
| Restaurants |
| Listing No. | Location | Category Detail | Price | Down | Adj Net | Sales |
| BBF-73909329 | Clay, Florida USA | Mexican Restaurant | 195,000 | 195,000 | 120,861 | 398,000 |
| BBF-74702957 | Clay, Florida USA | Pizza Shop | 115,000 | 80,000 | 0 | 0 |
| BBF-74703159 | Clay, Florida USA | Seafood Restaurant | 140,000 | 140,000 | 94,156 | 361,313 |
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