Florida Business For Sale | 100 Facts on Sold August 2012

Florida Business For SaleFlorida Business For Sale | Business Broker

I am a Florida Business broker working with business owners selling their Florida  businesses, and business owners and individuals looking for acquisitions.  Prospective business buyers I work with are located in Florida, US., and Business buyers in Europe and throughout the world.

As a  member of Business Brokers of Florida, which is the largest state Association of Business Brokers in the United States we have access to significant data regarding businesses being bought and sold .   Thousands of businesses for sale are represented by over 1000 business brokers that are members of this Association.  These business brokers list their respective businesses for sale and prospective business buyers on a centralized listing site and buyers and sellers of businesses are brought together. Several thousand businesses for sale are listed, modified, and advertised thru this website.  Valuable information regarding Florida business for Sale and Florida Businesses Sold help me as a Business Broker Profesional  keep track of the ebb and flow of the Florida Business Acquisition Market.  Understanding a business to assist in selling that business requires an understanding of the numbers behind  that business.  And understanding the marketplace in which this business may be sold is furthered by a review of the data surrounding businesses being bought and sold in Florida. The below are 100 +-  facts, statistics, totals, and items of note surrounding the business acquisition and sales market in the State of Florida. Other businesses are bought and sold without the assistance of members Business Brokers of Florida, and that info is not included in this analysis. All of these numbers are as of today August 15th, 2012….

Florida Business For Sale | Thousands For Sale?

  • There are approximately 3020 Florida Businesses for Sale
  • There are approx. 100 Florida Business For Sale that have both a net income of $100k or more and require no more than a $100k Net income
  • Of the 3000 plus Florida Businesses For Sale 17 have a Net Income of $1M
  • Of the 3000 plus Florida Businesses for Sale 1142  have Net Income greater than $100k

Below are actual businesses currently for Sale in Florida-  in North Florida (Jacksonville Florida) , Central Florida (Orlando area) and South Florida (Miami area)

 

Automotive
Location Category Detail Price Adjusted Net Sales
Orange, Florida USA Fleet Service 290,000 172,108 301,166
Cleaning/Clothing
Location Category Price Adjusted Net Sales
Orange, Florida USA Dry Cleaners 325,000 118,650 548,952
Construction
Location Category Detail Price Adjusted Net Sales
Orange, Florida USA Contractor Electric 138,967 1,095,531
Medical Related
Location Category Detail Price Adjusted Net Sales
Orange, Florida USA Medical Equipment 265,061 1,332,620
Motorcycle
Location Category Detail Price Adjusted Net Sales
Miami-Dade, Florida USA Motorcycle Dealership 125,000 100,515 900,816
Restaurants
Location Category Detail Price Adjusted Net Sales
Orange, Florida USA Italian Restaurant 114,900 120,399 555,708
Orange, Florida USA Pizza Shop 114,900 120,399 555,708
Orange, Florida USA Breakfast Lunch 140,000 118,366 229,417
Orange, Florida USA Pizza Shop 150,000 104,901 331,710
Miami-Dade, Florida USA Ethnic Restaurant 159,000 116,000 540,000
Footwear
Location Category Detail Price Adjusted Net Sales
Duval, Florida USA Shoes Repairs 139,000 124,915 198,350

 

500 plus business have been sold  in Florida thru Business Brokers of Florida YTD

Averages of 500 plus Businesses Sold in Florida thru 8/15/2012
Sales Sold Price Adjusted Net Adjusted Net/Sales Sell Price Multiple Down Pmt % Days To Sell
568,938 210,785 108,003 0.255 1.478 81.30% 225

The days it takes to sell a business “Days on Market”  Does not include all businesses that attempt to sell and dont.  Not all businesses that attempt to sell do result in that business being sold.  The average Selling Price of the 500 + businesses sold in Florida was about $201k. What is Your business worth?Notes on these above numbers: 

Florida Business For Sale | A Good Deal?

  • The average of businesses sold-  sold at about 1.5x the annual adjusted Net.
  • The above averages include businesses (less than 10%) are businesses that may include real estate in the Sold price
  • The average business earned (their Adjusted Net ) was about 25% of their Sales-  What is yours?

Every Business is different.  Looking to Sell your Business?  Do you consider your business “average”?   Looking to Buy a Florida Business?  Should you pay an “Above average”  Price for a Below Average Business?

Source of current information above Business Brokers of Florida

Topic: Florida Business For Sale

 

About Scott

Scott M. Messinger is a former and current business owner that has directly purchased multiple businesses to support organic growth. Former owner of successful production/manufacturing/distribution business of 20 years that was successfully sold and transitioned. Member of Gateway Business Advisors with offices in Jacksonville Fl, Anderson SC,and member of the Business Broker of Florida Assn. Business interest includes the fields of management,water, energy savings, marketing. For a FREE current listing of Businesses FOR sale see: www.sellabusinessflorida.com
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