Buy businesses over $1 million dollars in Florida

Why Florida?

Florida is experiencing the highest economic & financial expansion in recent years. Many retirees & families looking for a better life in Florida arrive every day in any one of it’s 86 Counties with hundreds of needed services such as Housing needs, Dry Cleaning, Beauty Salons, Spas, Automotive, Medical as well as Financial services. TBXflorida.com [Business Brokers] is your premier source to find a lucrative business for sale in Florida with help of our experienced brokers.

 Buying and Selling a Business in Florida

We have articles in our blogs to help you understand the concerns with buying and selling a business in Florida.

Why is it important?

Buying a business that is valued over one million dollars is a daunting task. It requires research and analysis by our experienced staff. Our function as former experienced Business Owners & Business Transaction Brokers is to help & guide finding & closing your business acquisition with minimal legal cost.

Advantages To Acquiring An Existing Business

Some of the advantages in acquiring an existing business include:

History

Being able to review a company’s existing track record as reflected in P&L’s, Tax Returns and other Financial Records. It is very  helpful in determining present and past cash flow that is available to a buyer.

The history & growth potential can be measured based on Tax Returns, past experience rather than proformas associated with startup ventures.  Immediate cash flow generated by the acquired company will offer an income. A startup business may take years to generate a positive cash flow.

Familiar

Buying an existing business with employees who are familiar with the vendors, the business operation, local market and customers will be a great advantage. Maintaining established customers will significantly reduce the time and marketing costs to attract new customers. Whereas to support the overhead of a new start-up business can be costly and may take years to be profitable.

Costs

Obtaining or transferring existing licenses and permits can often reduce the time and cost gathering information to conform to required regulations. In addition the Leasehold Improvements, Furniture and Fixtures are in place at a cost less than replacement. Operating a turn key business entity has many advantages over a startup business.

Funding

Sources of capital to purchase existing businesses are more readily available than for startup ventures. At times it’s possible the seller will finance a portion of the purchase price. Banks and other financial institutions prefer to loan money for existing operations that have a proven track record. Funding start-up businesses will be difficult or nearly impossible without personal guarantees.

TBXflorida [Business Brokers] is dedicated to assist you in finding the business that matches your budget as well as a business that fits your interest. In all cases legal closing expenses will be at a minimum.  Please Contact us for more information.

All of the Florida Businesses with sales over 1 million are in the following cities and counties:
Miami, Boca Raton, Fort Lauderdale, West Palm Beach, Palm Beach Gardens, Jupiter, Stuart, Port Saint Lucie, Vero Beach, Orlando, Jacksonville, Tallahassee, Tampa, St Petersburg, Naples, Fort Meyers, Sarasota, Clearwater.

They are listed in counties such as Miami Dade County FL, Broward County FL, Palm Beach County FL, Martin County FL, Brevard County FL, Collier County FL, Hillsborough County FL, St Lucie County FL, Indian County FL, Lee County FL, Sarasota County Florida, Charlotte County FL, Manatee County FL, Pinellas County FL, Orange County FL, Duval County FL.