Are you looking to buy or sell a business in Florida? If so, you have come to the right place. Truforte Business Group is your trusted Florida Business Broker who confidentially markets and sells Florida business for sale. Whether selling or buying a Florida business, we are an experienced Business Broker who serves as a business intermediary in the acquisition or divestiture of a Florida business. Headquartered in Fort Myers, the heart of Southwest Florida, Truforte Business Group is Florida's trusted Business Broker with branch offices in the Sarasota/Bradenton area as well as Fort Lauderdale.
Buying or selling a Florida business can be one of the most important financial decisions you will make. Consulting with and allowing the Business Brokers at Truforte Business Group to coordinate the efforts of your professional business advisors, such as attorneys and accountants, can make the sale or purchase of a Florida business a very rewarding experience. Often times the buyer is making a large business investment which could require substantial business capital or business financing. For both the buyer and the seller having the experience of a Business Broker who has handled many business transactions and understands the complexities of selling and buying a business can be an invaluable experience.
The sale or purchase of a Florida business is a transaction which is always held as a highly confidential sale by Truforte Business Group, as well as all the parties involved. It is standard procedure for a client interested in buying a business to review and sign a confidentiality agreement describing a buyer's responsibility in having access to confidential business information about a Florida business for sale. A non-disclosure statement is required before any detailed information concerning a specific opportunity is released.
Buying or Selling a Florida Business
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Truforte Business Group is a member of the Business Brokers of Florida (BBF), the Alliance of Florida Business Brokers (AFLBB) and the International Business Brokers Association (IBBA), and have the experience of handling the sale of many Florida business opportunities, some of which have included seller financing or a loan backed by an SBA lender or a combination of both seller financing and an SBA loan. Seller financing is usually the cheapest and easiest to obtain. It also tells the Buyer that the seller has confidence in the business. There are no loan fees and the interest rate are usually lower than the business loans for a bank, but the term of the loan is often shorter. Seller financing makes up a large portion of the notes on businesses sales. Banks will loan money on Florida businesses for sale that show a strong earnings history on the tax returns. They require proper financial documentation and the payment of upfront fees. Small Business Administration (SBA) loans or rather bank loans which are guaranteed by the SBA are always a good source of funding, for a Florida business for sale, where there is a good financial track record and a buyer with some business or like industry experience.
There are many factors that can be present in the sale of a Florida business and it usually takes longer to sell a business than a house or a commercial building. Because of the confidential nature of a business sale, a business broker cannot put a For Sale sign on the window. Other factors such as an E-2, L-1, EB-5 visa or Green card approval from a foreign Buyer looking to make a substantial investment by purchasing a business can also lengthen the selling time. A certified Business Broker will be aware of the procedures that will be required and the information that will be needed for immigration of the foreign investor. With all of the steps to buying or selling a business it is easy to see why using Truforte Business Group as your Florida Business Brokers will be the right decision. Even with the complexities of buying or selling a business the average time to sell a Florida business is usually between six to eighteen months. Contact Truforte Business Group, your trusted Florida Business Brokers in order to get started with the selling of your Florida business or to find that perfect Florida business opportunity.
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