Florida Business For Sale Florida Businesses Sold Activity (Oct.12, 2011)
I am a Florida Business broker working with business owners selling their Florida businesses, and business owners 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 Sales and Florida Businesses Sold help me as a Business Broker Professional 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 a few 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.
Recent Businesses Sold in Florida Activity (as of Oct. 12, 2011)
- Businesses Sold in Florida through Business Brokers of Florida in last 30 days – 28 vs 63 in prior 30 day (July 26,2011) documented period
- Top industry of Businesses Sold in Florida through Business Brokers of Florida in last 30 days: Restaurants (as usual…)
- Avg Days it took to sell Florida Businesses Sold in last 30 days – 162 (about 5 months vs. 277 days- (9 months)- in last documented 30 day period (July 2011), doesnt include businesses that were removed from market without selling
As of Oct. 12, 2011…
Businesses Currently For Sale through Business Brokers of Florida – 3301 vs. 3336 in last 30 day period. about same
- Number of Business Currently for Sale in Jacksonville Florida Area (Duval County and St.Johns County) with Adjusted Cash Flow Greater than $100,000- 67
- Number of Business Currently For Sale In Jacksonville Fl area with adjusted cash Flow greater than $200,000 – 21
- Number of Business Currently For Sale In Jacksonville Fl area with adjusted cash Flow greater than $300,000 – 9
Current Business Interest and Activity Obseravtions: as of Oct 12,2011
As a business broker I work with many “Business Buyer Prospects“. I realize so many will remain perpetually “Prospects” and a select few will actually result in being “Business Buyers” I both understand and accept this fact.
But recently I have been working with several buyer prospect that had a goal/objective of finding Florida Business For Sale with adjusted cash flow of $300,000.
- Of the 3301 business for Sale in Florida 193 have adjusted cash flow greater than $300,000 about 5% !
- Of the 3301 business for Sale in Florida 103 have adjusted cash flow greater than $400,000 only about 3% !
- Number of business sold in Florida with adjusted cash flow greater than $300,000 in last year – 36
Buying 2 synergistic businesses that may produced a combined $300,000 adjusted cash flow or owner benefit is a strategy that is being considered.
*All above info compiled from data available via the bbfmls website. And addresses information about businesses being bought and sold and reported thru this Professional organization of Business Brokers of Florida.
For more info or questions regarding the Florida Business Acquisition Market or Florida Businesses for sale please contact
Scott M Messinger
Scott@Sellabusinessflorida.com
239.770.2421
