Selling a Florida business can be a challenging yet rewarding experience for the business owner. Consultation with a professional Business Broker at Truforte Business Group can be an important first step for the business owner looking to sell a Florida business. Truforte Business Group will guide the business owner through the complete process of selling a business.
Truforte Business Group serves the Lee, Collier, Charlotte, Manatee, Sarasota, Pinellas, Hillsbough, Broward, Palm Beach and Miami-Dade counties and can assist in the sale or purchase of businesses in Fort Myers, Naples, Cape Coral, Port Charlotte, Punta Gorda, Sarasota, Bradenton, Bonita Springs, Tampa, St Pete, Fort Lauderdale, Miami as well as many other parts of Florida including South, Southwest and Central Florida.
We have experience in selling many different types of business including: restaurants, franchises, commercial lawn biz, truck & automotive businesses, retail, distribution, internet companies, website companies, homebased businesses, telecommunications, dry cleaners, coin laundry, construction cleanup, pest control, electrical contractors, residential lawn services, pizzeria, beauty salons, ice cream, marine related, excavation & site prep, roofing contractors, pool service, property management, window treatments, computer training, transportation service, cabinet mfg, vacuum s/s, tanning salon, gas stations, c-store, vending and many others.
Allowing an experienced Business Broker to assist and guide the business owner through the sale of the business gives the seller the time and confidentiality to do what he does best, run and maintain a profitable business for sale and maximize investment opportunities.
A licensed Business Broker can provide an opinion of value as well as confidentially market the business for sale, handle buyer qualification, coordinate financing options including an SBA loan, visa coordination for the foreign investor who may need an E-2 or L1 visa, and handle preparation of the business for sale contact and sale documentation with a final closing coordinated with a closing attorney.
• The business for sale process starts with a preliminary confidential no-obligation meeting between a Business Broker at Truforte Business Group and the seller. General information is exchanged, so the Seller and Truforte Business Group can become acquainted with each other and their respective businesses.
• Additional Business information is compiled in order to determine the value of the business. Information needed will include: two to three years of detailed and current financial statements, balance sheets, and income tax returns, as well as information on other assets to be transferred when selling the Florida business.
• A valuation is then performed to provide the Seller with a price range, which he can expect to receive for his business. Truforte Business Group consults with the Seller to establish the proper terms and asking price for the business. For more information about business valuations, or if you would like to learn more about how to build a more valuable business learn about the 8 Drivers of Business Value here.
• Finally, when selling a business a contractual agreement is entered into between the Seller and Truforte Business Group, giving Truforte Business Group the right to market the business as the transactional agent for a specified time period and under specified terms and conditions.
For more information on selling a Florida business, visit Guide to Selling a Florida Business and review the selling a business checklist.