Entrepreneurial Legacy: Why Selling Your Parents’ Business And Buying Your Own Is The Right Move

If you are the child of entrepreneurs, then you grew up inside a business. You did your homework in the back office, you helped out on your days off and you probably became an employee once you were old enough.

 

When your parents look toward the future, they probably assume that their retirement plan includes handing you the reins. Great, if that’s something you want.

 

What if it’s not?

 

 

It can be difficult to tell your folks that you don’t want the business they consider their legacy – but the reality of taking over a business you don’t have a passion for is you likely won’t be as successful as you could be. Entrepreneurs need an edge that only passion can give you. As the child of entrepreneurs you know this already. Guess what? Your parents know it too.

 

If you don’t want your parents’ business – you have to tell them how you feel. We know it’s a hard conversation to have, but it’s one you have to face.

 

The good news? You can still continue your parents’ entrepreneurial legacy. You can fulfil their dream for you to be an entrepreneur and still follow your own passions. How? You can sell their business and buy your own.

 

Selling your parents’ business can give them a return on their investment in cash – cash they can use for their retirement and also use to help you purchase a business where you can be successful.

 

For instance – if your parents own a flower shop, but you’ve always dreamed of owning a pizzeria they could cash out on their flower business and then help you with a decent down payment on an established pizzeria. You can then finance the rest of the purchase with your own cash, with seller financing or a loan. You can pay your parents back over time, or let them maintain a silent partner/investor position so they can still have income in their retirement years. 

 

The point here is you can still become the business owner your parents have always hoped you would be without giving up your own dreams and adopting theirs. Have the tough conversation, and then give them the sell/buy alternative for the continuation of their legacy.

 

Are you the child of entrepreneurs and have always dreaded taking over their business? Would you like to know more about the possible options for a sell/buy scenario? Please feel free to leave any questions or comments, we would be happy to help.

 

 

 

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com
5111 Ocean Boulevard, Suite E
Siesta Key, FL 34242

www.InfinityBusinessBrokers.com

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#Businesses4Sale – For the Week of November 01, 2021

Appliances

Listing No            Location              Price/Down                        Adjusted Net     Sales
924-36110           Sarasota             49,950/49,950                   85,880               326,400
Priced for quick sale.  Take over and enjoy the benefits of high season! Appliance and Lawn/Garden equipment sales drive this business revenue. Revenues reflect Owner “commission” on product sales of around 1.8m annually.  Inventory provided by the Nationally Recognized Brand Retailer.
Go to location for kitchen and laundry appliances along with lawn & garden equipment, BBQs, patio furniture, mattress and auto parts for 25+ years. Repeat customers in growing community.
Long-term trained staff in place. Well maintained delivery truck included in FFE.  Making this a quick and easy business to learn.  Owners motivated to retire.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8006-37329         Sarasota            180,000/130,000                77,659               245,120
Small garage-based operation has grown to a major wholesale appliance business selling pre-owned, gently used appliances. Deemed essential during the pandemic, sales have maintained a brisk level throughout the year. Customers include rental companies, private homeowners and commercial firms. In the pandemic economic rebound, demand for new household appliances is high, and COVID-related manufacturing shutdowns are a big reason why. The freezes in Texas earlier this year caused a shutdown of factories that make chemicals found in foam which is used in new refrigerators. As such, buyers are turning to used appliances for their requirements.
Company has access to an excellent inventory of available pre-owned appliances due to homeowner upgrades to new appliances. The old appliances became obsolete to their needs.
All appliances are tested and inspected before being put on display. Appliance come with 30 days warranty on parts and labor.  Three service technicians in place and will remain with company after a sale.
Some Seller financing for qualified buyer.

Automotive

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-07064           Lee                     315,000/67,000                 140,852             835,056
Great opportunity to own a turn key automotive repair business with a great location and recurring revenue from excellent accounts. Established for 8 years, this business is located right in the heart of an industrial / commercial area of a major Southwest Florida city. Main road has over 40,000 car per day car count – making pick up and drop off for the off-to-work commuter very efficient. The business also boasts fleet, commercial and maintenance accounts with some of the biggest construction, service and transportation companies in the county. This provides for steady revenue flow without having to advertise. EXCELLENT WORD OF MOUTH!!! 4.7 stars on Google. Very honest and quality work. Clean shop with waiting room and amenities for customers and employees. SBA Lender Pre-Qualified with $67,000 Down. Terms are Approximate.

Listing No            Location              Price/Down                        Adjusted Net     Sales
924-28124           Collier                 3.85mm/500,000               391,052             1.135mm
Financing approved with as little as $415,000 down this is two businesses one Truck and auto repair and one collision repair in separate buildings close to one another. The financing is for both businesses, however the owner will consider selling separately. The combined cash flow has exceeded 2020 by 25 % through August. You have over 10,000 sq feet of buildings on almost an acre of prime Commercial Real Estate. Considered the best Auto and Truck repair facility in town and a growing collision business with a state of the art paint booth and collision repair equipment. The town has put a moratorium on paint booths enhancing the value.. The owner is hands on and has master mechanics, auto body and paint techs in place, Extensive asset list for a turn key auto repair and collision business. NDA, proof of funds and Bio a must before releasing any information.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8943-00052         Hillsb                   525,000/525,000               218,366             384,783
Commercial auto glass repair company service – company repairs commercial auto glass for small to medium size truck.  Does some none commercial vehicles.  Has accounts with fed ex, ups etc..
*** Business has been SBA Pre- Qualified***

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-22070           Lee                     130,000/130,000                63,567               216,767
This shop does more than window tints. They also do audio, protective paint coverings, alarms, and detailing. The owner spends 5-10 hours a week on this business. The sales and profits have been steadily climbing year over year. Very clean shop and books. Policies and systems in place. Must see this one!

Listing No            Location              Price/Down                        Adjusted Net     Sales
8983-00006         Hillsb                  1.6mm/1.6mm                   319,277              2.633mm
Turn-Key Tire Sales and Service.
Located on a busy highway in Tampa with easy access in and out for tractor trailers. New and used tire sales along with repairs. Same owner for 43 years and same location for 24 years. Great owner profits and more room for more profit growth. All financials up to date and on file. Owner retiring.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-618180       Pinellas               250,000/150,000               134,044             571,823
10+ year established motorcycle towing with service in 4 areas in Florida for sale. This business can be relocated and run from anywhere. 7 Trucks are included in the purchase price.

Beauty/Personal Care

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-21027           Collier                 190,000/190,000               181,771             680,426
This offering is for a very well-established and appointed salon and day spa.  It is located in a beautiful retirement and vacation community.  The salon and day spa are in a strip mall anchored by Publix.  Business benefits greatly in the winter and summer months from the large influx of retirees and vacationers.
The salon and day spa is well-known for offering a full range of services for hair, nails, skin, and body.  Their offerings to upscale clients include hair color systems, top-of-the-line make-up and makeovers, and professional and home care products from a very popular brand.  They are the only salon carrying this brand in their community.  They have an experienced staff committed to exceptional customer service and providing a comfortable and quality salon and spa experience.  The salon area and four private rooms are kept in pristine condition and there is ample parking available for customers.
There is a transferable triple-net lease agreement for 2,418 square feet with Publix Supermarkets, Inc.  The triple-net lease expires on August 31, 2022, and has a present monthly cost of $5,101 monthly base rent, plus $335 Florida sales tax, plus $519 CAM.  There is a five-year option to renew at a 5% yearly increase through August 31, 2027.
Growth opportunities include adding lash extensions and radio advertising.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8997-00027         Hillsb                   289,000/289,000               0                        0
This is a great opportunity to own an upscale salon and spa in a grocery anchored shopping center. This recently built-out salon is absolutely gorgeous and offers a wide variety of luxurious services and products to accommodate any client’s need. The shopping center is in a highly visible area of Tampa and has a lot of foot traffic. The average daily traffic count is over 12,000 cars per day, with close proximity to other highly desirable surrounding areas.
This salon and spa is perfect for someone with salon experience looking to open their own business or for an existing owner ready to expand their current brand. The spa offers services that can be marketed to any number of discerning clients from the immediate area and beyond. The lease is well below market rent and can be assigned to a qualified buyer. Prospective buyers will be asked to sign a non-disclosure agreement and provide proof of funds before learning more about this business.

Business Services

Listing No            Location              Price/Down                        Adjusted Net     Sales
8932-44556         Manatee             1.4mm/1.4mm                   251,312             515,194
AMAZING OPPORTUNITY FOR A NEW OWNER TO BUILD AND EXPAND ON A LONG TERM LOCAL NAME THAT HAS FANTASTIC REPUTATION AND CLIENT BASE. THIS IS A COMMERCIAL CLEANING COMPANY SERVING SW FLORIDA SINCE 1983. 995 COMMERCIAL CLEANING FIRST WITH ONE RESIDENTIAL CLIENT CURRENTLY (VIP CUSTOMERS ONLY). SEVEN CLIENTS WITH MULTIPLE JOBS PER CLIENT. STAFF IS BETWEEN 7-8 FULL TIME EMPLOYEES.

Cleaning

Listing No            Location              Price/Down                        Adjusted Net     Sales
924-01455           Lee                      49,900/49,900                  52,290               58,440
Highly Profitable Commercial Window Cleaning Service, Established 10 Years. The business has 60 +/- regularly serviced accounts. The majority  of the customers have been with the business for 5-10 years. The seller works less than 40 hours per week and the business is ideal for a buyer seeking an expandable service business in SW Florida or as a bolt on acquisition for an established cleaning company. 

Clothing

Listing No            Location              Price/Down                        Adjusted Net     Sales
1144-94929         Collier                  225,000/175,000              125,011              405,306
Looking for a business in beautiful Naples? Leading franchise in decorated apparel, uniforms and promotional products. Successful operation established in 2005. Great database of clients with solid and repeat business. Great support by franchise headquarter through technology updates and constant training. The franchise recently re-branded, now offering more sources of revenues to the franchisee. The business is conveniently located. Great positioning in Google and excellent reviews.  New lower rent in same plaza will generate 21k savings per year .  Revenues in 2020 dropped because of Covid but owners benefit remained similar due to cut in expenses.  Strong 2021, numbers shown are based in July real numbers.

Construction

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-05619           Lee                      299,000/299,000              89,195               426,305
This company serves residential and commercial customers in the Greater Fort Myers, FL area. Seller founded this company 20 yrs ago, and has trained several contractors who practically do all works. This company specializes in all facets of aluminum construction; including pool enclosures, screened/Elite™ rooms, front entries, garage screens, gutter install/repair, gates & railings, soffit & fascia, rescreening etc. Seller uses only the highest quality of building materials, the owner visits sites and personally estimates and makes sure they do every job with quality precision.  Start making money from number one day, with the list of customers that seller has collected throughout all these years.

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-07097           Charlotte            115,000/115,000                66,000               86,330
Great Opportunity to get into a well established business that enjoys a 95% gross profit margin and no competition! This unique, 19 year old business repairs cracks in concrete (i.e. driveways and pool decks) with guaranteed results, using the proprietary system the owner developed. Company has one employee plus the owner, who does estimates and supervises jobs. Seller is looking to retire and would like to find a motivated buyer to grow the company via further market penetration, offering additional services to the customer base and promote an in-place dealership program that is currently inactive. This turn-key opportunity includes all equipment/tools, trade mark slogan, estimate forms, customer list of 3400 happy customers and the proprietary crack repair system that makes this business so successful.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8929-010029       Pasco                 110,000/110,000                83,082               162,728
They offer a variety of products such as Vinyl, Luxury Vinyl Plank, Hardwood, Laminate, Tile, Stone, and we Specialize in the Installation of all these materials. They also specialize in full Bathroom, & Shower Remodeling, Fireplaces, etc. Very new business with super growth potential. They do very little advertising and promotion. Most business is referral and repeat. They have a beautiful showroom that was built from scratch in 2020. New sign for the business with channel letters,  remote control and changing colors bought in Europe for $15,000. If your looking for a good business or a good flooring & shower business you couldn’t pick a better high growth location to start. 5 minutes from the Gulf of Mexico.

Listing No            Location              Price/Down                        Adjusted Net     Sales
892-16163           Pinellas              1.4mm/280,000                  372,485             1.879mm
One of the state’s leading hurricane shutter and sun protection companies is available.  Locally owned for over 25 years this business provides a complete customer experience from an optimized website to a showroom where customers can see the different products.  Providing award winning service, the company provides all the materials and installation done by trained professionals.  The products and installation meet and surpass building guidelines.  Then the service is backed by a warranty from this fully licensed, insured company.

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-05623           Lee                      499,000/499,000              141,330             570,725
6 years in business, Established Plumbing Contractor Since 2014  in Cape Coral. this company has been servicing this area of Florida for residential and commercial services, new construction and home remodeling. 70% service versus 30% new construction. 3 experienced plumbers on staff and 2 experience administrators. 3 service vehicles in fleet. Great books and records.  owners benefit about $140k. Same name and phone # since 2014. Impeccable reputation in the industry with 24/7 services

Listing No            Location              Price/Down                        Adjusted Net     Sales
937-01193           Lee                      2.9mm/550,000                 871,874             3.298mm
LENDER PREQUALIED Well established SW Florida award-winning pool company that has been building, repairing and servicing pools and spas for over 25 years. They also build and design fountains, infinity edges, mosaics and more. They use the highest quality materials to provide complete customer satisfaction. The company also offers pool remodeling services, pool maintenance and high quality pool equipment, including custom pool heaters. All the management staff is in place. The owner is selling to retire.

Convenience Stores

Listing No            Location              Price/Down                        Adjusted Net     Sales
421-10407           Hillsb                  133,000/85,000                 108,943              319,000
Tampa Convenient Store with fresh food service has full Kitchen with Hood, currently operating as Designated Turkish and Mediterranean store on Busy street with high car and walking traffic in a Retail Shopping Center. Current Business operating for 19 Years and new Owner expanded the space to next store with more coolers and products along with Company website online order system increase the sales significantly. Store has 30 seating capacity for Restaurant serving Turkish food including sandwiches, pastry, Lunch and Dinner plates and desserts. Business qualified for E-2 application.

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10540           Hillsb                   85,000/85,000                   50,597               245,466
This convenience store /mini market has been here for 50 years with the current owners operating it for the last 25 years. Operated by husband and wife team and has been very profitable for their family. They are ready to pass this GEM on to a motivated owner.
Located in the middle of a very populated neighborhood with limited competition in the area.
This business includes, Convenience store, SNAP EBT, lottery, cigarettes, beer and wine.
Roof replaced in 2019, electric updated in 2020, all lights converted to LED, newer A.C.
Chest freezer, microwave, slicer, scale, camera system with monitor, three door cooler, two door cooler, shelving units, single door cooler, crock pot, rolling cart, sandwich prep cooler, two burner stove.

Electronics/Computer

Listing No            Location              Price/Down                        Adjusted Net     Sales
8003-05011         Lee                      50,000/27,004                   71,342              119,291
Price Reduced!   Lender Pre-Qualified!  Motivated Seller!  Computers are a part of everyday life and having them in perfect running order is a necessity!  If helping others solve their tech issues and pay you for your time and expertise, this well-established, and highly rated computer repair shop is a turnkey operation waiting for you.   There are many opportunities for growth as more people work from home.
Currently on a main street with thousands of cars passing by every day, this business can and must be relocated by January (or possibly February) of 2022 (building was sold). There are many relocation opportunities within a mile or two of this location.  Some are as close as the strip center next door! You select the location and size of shop that works for you.    Or, add this to your existing business. Your business, your choice.
The current Owner purchased this years ago and was able to obtain an E-2 Visa.  2021 Financials are included with the confidential information. 

Fitness

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-586414       Lee                      9,000/9,000                      0                        0
Top quality fitness center designed for classes, camps and individual training. The interior is windowed, well designed and inviting. The location is in a busy plaza with a good mix of destination and general shopping. The seller is not active in the daily operation. Membership is up 10% many months, but seller feels an active owner operator would increase awareness and enrollment. This is a turnkey operation with training, support, systems, POS and products. Name would not convey.

Food Business Retail

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-03438           Lee                     1.9mm/1.9mm                    400,803            1.548mm
Two successful meat markets located in Fort Myers and Sarasota. These are upscale meat markets that carry a ton of private label products including premium charcoal and briquettes imported from Brazil. The store brand is synonym of quality and is well recognized for its meat cuts and private label products (salsas, bread, BBQ salt, pepper, aprons, cutting boards, knifes, charcoal, briquettes, and other accessories). The butcher shop carries a wide selection of cuts and premium meat. Sausage is made inhouse. Both stores also have mini markets and money remittances to anywhere in the globe. Totally turnkey businesses, including 2 full size containers for charcoal storage.

Glass

Listing No            Location              Price/Down                        Adjusted Net     Sales
966-11103            Lee                     1.5mm/150,000                 295,989             1.233mm
Description: The Company is an incredibly profitable niche business designing, selling, fabricating, and installing any type of interior glass or mirror product, including shower enclosures, wine rooms, interior glass railings, interior glass walls, bar tops, antique mirrors, beveled mirrors, along with exterior railing systems. The Company sells to both commercial clients and homeowners. Commercial clients contribute 60% of the revenue and include general contractors, bath and kitchen remodeling contractors, interior designers, high-end cabinet companies, tile contractors, and handymen. Homeowners represent the remaining 40%.
Competition: Glass contractors and hardware stores.
Growth/Expansion: The Company has one retail location. Currently an opportunity to add 2 to 3 locations in the territory which would dramatically grow the revenue. Owners are not very adept at social media and the website could be improved.
Support/Training: Owner is willing to stay on for up to 12 months.

Hardware Ret Related

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-639134       Pinellas               475,000/145,000               164,862             760,961
30+ year established direct sale hardware, maintenance, and janitorial supplies to very recognizable and long-term clientele. Sales are going up year after year and 2021 is trending to be the best year ever. Lender pre-qualified and visa eligible

Ice Cream/Yogurt/Ice

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10381           Pinellas               149,000/149,000               0                        0
LOCATION ! LOCATION ! LOCATION !  Brand new Gelato business located in a highly desired Coastal Town of Pinellas County with HEAVY-HEAVY foot traffic.  This cute gelato business has indoor and outdoor seating and serves 24 flavors of delicious Italian Gelato, Coffees, Smoothies and assorted Chocolates.
Great opportunity for a first time operator or an experienced operator with HUGE POTENTIAL FOR GROWTH.  They opened in January of 2021 and sales continue to increase even during the slow season With AMAZING online reviews.  Currently doing approx $13,000 per month and growing.  This business has not yet seen the busy season and the local events.  Prime opportunity to get in now prior to the busy season.  Sellers will increase the price once we get into season.
The value is in the goodwill, furniture, fixtures, equipment, buildout, LOCATION and lease.  You cannot build this for less than the asking price with bureaucracy of permitting and construction.  Construction pricing is high and permitting will take you at-least 6 months.  This is turn-key and ready for you.  If your Looking for a high profit business and operate it  yourself, then this is for you!!!
There are no financials to show due to this being a new business however the Seller is willing to show POS reports to a serious buyer only.

Interior Design/Dec

Listing No            Location              Price/Down                        Adjusted Net     Sales
973-00005           Collier                 1.75mm/1.55mm               1.22mm             3.3mm
Outstanding opportunity for the buyer who wants a proven, “turn key” operation that has provided a great lifestyle and retirement funding  for the sellers.
Ever-growing industry well suited for SW Florida with great franchise support and employees.
No high labor turnover is this profitable company.
Pricing report asset list etc completed and provided upon NDA, Proof of funds and buyer profile.

Lawn/Landscaping

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-06981           Lee                      395,000/395,000              145,000              466,840
Owner’s health issues have changed his priorities.  This Commercial landscaping business (16 years) has mostly long-term HOA accounts. There are 15 commercial accounts & 24 residential accounts clustered in 1 community.  This turnkey operation is priced at less than 1 times gross, has competent employees, an impressive list of well-maintained vehicles and equipment, is scale-able, service area is concentrated to minimize drive time.  Contracted accounts with no extras is $392,040 @ year for 2021 and for 2022 is $412,170 @ year after annual Jan 1, 2022 increases.

Marine Related

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-10056           Lee                      3.2mm/1.7mm                  695,159             1.582mm
Long established hard to find One of a kind watersports rentals and the largest in SW Florida with owner financing, located in SW Florida popular beach, all new equipment such beach chairs, umbrellas, kiosk including brand new 2022, 2021 and 2020 jet skis, it offers banana boat and parasailing, owner spent big $$$$ on a very sophisticated website that generate leads, this is the only watersports rentals in the area that is professionally operated with 15 employees and all new equipment, management in place, all computerized operation to control the sales, owner will help with the transition to make sure a new owner is successful. all Buyers must show proof of funds prior to receive any information on this unique business. this business has a huge potential with a large national resort building adjacent to it. IF you want to have fun on the beach, this business is for you. No more similar licenses issued on this beach. 2021 financials are ending 10/16/2021.

Pool & Spa Business

Listing No            Location              Price/Down                        Adjusted Net     Sales
818-06224           Hillsb                  1.2mm/200,000                  219,859             932,748
This pool service is state certified, licensed and insured contractor that provides weekly swimming pool and hot tub maintenance and repairs to residential and commercial customers.   This company was established in 2013 and has experienced growth each year since.    Currently there are 500 customers and growing weekly. 
This is a highly regarded company with top notch trucks that have been perfectly imaged.     This company has all positive reviews.  
The seller also owns an 8000 sq ft warehouse that is zoned C-2.   All trucks are parked inside at night.   Seller chooses to sell the building as a part of the sale at a price of $850,000.   A new owner could lease out one/half of the building for additional income.  
The company employs 8 highly experienced pool techs that service the customers daily. 
Company has an excellent marketing program and is getting five-seven new customers per week. 
Jan-May, 2021 sales were $418,321 with CF of $95,000 for 5 months.   

Restaurants

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10311           Pinellas               99,000/99,000                   76,157               526,331
HUGE PRICE REDUCTION! This profitable Casual Mediterranean and American Cuisine restaurant is located in a very busy and well anchored plaza on main road. It’s open for lunch and dinner and has been serving amazing food to the loyal customers for the past 16 years. Great online reviews. Currently has a 2 cop beer/wine license and seats 75 with additional outdoor seating. Large, fully functional, spacious kitchen with walk-in cooler & walk-in freezer. 16 foot hood and a chefs line. OWNER DOES NOT COOK. Much more potential.

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-07088           Charlotte            159,000/159,000                47,524               405,852
Well-known local café offering breakfast/lunch, freshly baked cakes, pies, sweet treats, ice cream and catering. Established in 2018, the business has an ever-growing number of loyal patrons. Home-cooked foods with specialty sandwiches make this little sandwich stop a favorite with locals.
52 seat capacity, beer and wine license, and ample parking makes this a great opportunity. Although the owner loves the business, significant life changes has forced the decision to sell.
If you are looking for a small restaurant, bakery and catering business this is for you!

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-17088           Charlotte            159,000/159,000                47,524               405,852
Well-known local café offering breakfast/lunch, freshly baked cakes, pies, sweet treats, ice cream and catering. Established in 2018, the business has an ever-growing number of loyal patrons. Home-cooked foods with specialty sandwiches make this little sandwich stop a favorite with locals.
52 seat capacity, beer and wine license, and ample parking makes this a great opportunity. Although the owner loves the business, significant life changes has forced the decision to sell.
If you are looking for a small restaurant, bakery and catering business this is for you!

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-626543       Pasco                  45,000/35,000                  31,126               321,188
Semi-absentee run 10+ year established and perfect mall location in one of the fastest growing areas in Florida. This Café features Smoothies, Juices, Wraps, Salads, and Paninis. This café is a healthy alternative to typically unhealthy fast food. The business was newly remodeled in 2019. They have great online reviews and perfect for an owner-operator.

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-27088           Charlotte            159,000/159,000                47,524               405,852
Well-known local café offering breakfast/lunch, freshly baked cakes, pies, sweet treats, ice cream and catering. Established in 2018, the business has an ever-growing number of loyal patrons. Home-cooked foods with specialty sandwiches make this little sandwich stop a favorite with locals.
52 seat capacity, beer and wine license, and ample parking makes this a great opportunity. Although the owner loves the business, significant life changes has forced the decision to sell.
If you are looking for a small restaurant, bakery and catering business this is for you!

Listing No            Location              Price/Down                        Adjusted Net     Sales
892-16346           Pinellas               269,000/53,800                 129,972             510,756
Mama Mia!  The best neighborhood Italian Deli & Bakery is now for sale.  Owned and operated for 25 years and is a local favorite featuring homemade bread, sausage and mozzarella,  Let’s just say there is everything from hoagies to cannoli’s!  The business is fully equipped with everything needed to make Authentic Italian Cuisine including a 5 ft. hood & Ansul system.  Training is available and you must like to cook.  See agent for details.

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10312           Pinellas               99,000/99,000                   93,000               343,245
TURN KEY RESTAURANT.  CURRENTLY OPERATING as Authentic and well established Indian restaurant.  Keep the concept the same or change it to your liking.   Completely turnkey, fully staffed, seating for approximately 75 with a party room, and ready for new owner. The fully equipped commercial kitchen has it all. Dining area nicely decorated and comes complete with a POS system and buffet set-up. Ample space for catering business. Excellent parking situation. All recipes will transfer. Amazing online reviews!

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10549           Pinellas               695,000/500,000               328,670             1.338mm
Located in an affluent area of Northern Pinellas County, this fast casual, HEALTHY food concept is the talk of the community.  Seating for approx 20 inside and approx 50 outside with plenty of parking.  This place is Gorgeous!!!
Chef inspired, Serving farm FRESH, organic, hormone and antibiotic free food for a healthy lifestyle.  (100% Gluten Free).  Simply said HEALTHY GOOD FOOD !!!  People are looking for  a healthier food option because they know how important it is, more than ever now, to stay healthy.
Owner currently works the business however there are managers and key employees in place.  This business runs like a machine.  This is NOT a franchise, however it was created to be expanded and franchise very easily.  Professionally designed of over $500,000 and very well branded which allows a new motivated owner to expand tremendously with Multi units.  THIS IS A MULIT MILLION DOLLAR CONCEPT.  Make a TON of money with this one store or create your own franchise empire!!!
The purchase will include the branding, manuals, website, recipes, buildout, long term lease, furniture, fixtures, equipment and the AMAZING customer base.  Seller is willing to stay on as a consultant if needed And also assist in developing additional locations.

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-21035           Lee                      299,000/299,000              107,297              647,448
This offering is for a fast-food franchise located in Lee County, Florida.  The franchisor’s objective is to sell off all or the majority of their corporate-owned stores so they can focus on expanding their franchise to more customers throughout Florida, the Southeast, and beyond.  This store may be purchased individually or with listings 964-21033 and/or 964-21034.  Three additional stores may be available soon.
The location operates out of a 1,500 square foot space in a strip center located at the corner of a very busy intersection.  The building can be leased at $5,200 per month including Florida Sales Tax and CAM.  The lease expires in 2029 but has two 5-year options.
Buyer opportunities include:
Increasing focus of owner/operator
Increasing community involvement
Adding school lunch delivery
Increasing involvement with local college
Adding additional locations

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-21034           Charlotte             399,000/399,000               165,160             811,012
This offering is for a fast-food franchise located in Charlotte County, Florida. The franchisor’s objective is to sell off all or the majority of their corporate-owned stores so they can focus on expanding their franchise to more customers throughout Florida, the Southeast, and beyond. This store may be purchased individually or with listings 964-21033 and/or 964-21035. Three additional stores may be available soon.
The location operates out of a 1,600 square foot space in a strip center located at the corner of a very busy intersection. The building can be leased at $5,081 per month including Florida Sales Tax and CAM. The lease expires in 2028 but has two 5-year options.
Buyer opportunities include:
Increasing focus of owner/operator
Increasing community involvement
Adding school lunch delivery
Adding additional locations

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-21033           Lee                      959,000/959,000               309,605            1.187mm
This offering is for a fast-food franchise located in Lee County Florida.  This is the marquis location.  The franchisor’s objective is to sell off all or the majority of their corporate-owned stores so they can focus on expanding their franchise to more customers throughout Florida, the Southeast, and beyond.  This store may be purchased individually or with listings 964-21034 and/or 964-21035.  Three additional stores may be available soon.
The location operates out of a 1,400 square foot space in a strip center located at the corner of a very busy intersection.  The building can be leased at $4,478 including Florida Sales Tax and CAM.  The lease expires in 2024 but has two 5-year options.
Buyer opportunities include:
Increasing focus of owner/operator
Increasing community involvement
Adding school lunch delivery
Adding additional locations

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-40025           Lee                      85,000/85,000                  20,000               200,000
Italian Restaurant located in a strip plaza right on a major road. Restaurant with very cozy family atmosphere with 90 seats and beer and wine license. The Seller bought the business in Jan. 2020 right before the Covid -19 pandemic started, therefore the business was very affected by this new catastrophic event. However, 2021 activity has started picking up doing much better than the previous year. Rental is gross amount including CAM. The Seller, who owns another successful business, is motivated to sell.

Listing No            Location              Price/Down                        Adjusted Net     Sales
1246-46008         Sarasota             49,900/49,900                   77,818               205,567
Uniquely designed in traditional Mexican Style this Top Rated Restaurant is strategically located on a High-Traffic Road only 5 minutes away from one of the most beautiful beaches in the US!
The restaurant has just been fully renovated!
Great visibility
Highly trained staff
Dining in, take out, online ordering, numerous delivery options
This restaurant has proudly satisfied appetites with the best authentic Mexican food in a town since 1995.
This place is well known by locals for its tasty food, large portions, good prices, and laid back ambiance.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-997267       Pinellas              150,000/100,000                99,738               566,815
20+ year established franchise pizzeria in Clearwater located on a high traffic road. Sales are up every year, even during 2020. COVID proof business! Comes with a great lease and owner willing to finance qualified buyers.

Listing No            Location              Price/Down                        Adjusted Net     Sales
871-10484           Pasco                 155,000/155,000               100,000             520,000
LOOKING AT ALL OFFERS.  Excellent Pizza Restaurant for sale in a well known shopping center with plenty of parking And seating for approx 28.  Currently operated by husband and wife team.  This is a Perfect opportunity for an owner operator.  The pizzeria has been updated and remodeled.  The current owner has only owned it since February 2021 and hitting approximately $10,000 per week Only 6 days a week.  Seller must relocated back up north.  Numbers are based on Owner to prove.  Much more potential to increase sales and possibility to add a 2cop beer and wine license.  Very low rent with minimal annual increases.

Listing No            Location              Price/Down                        Adjusted Net     Sales
747-778621         Pinellas               495,000/495,000               220,000             1.1mm
This Pizzeria is situated in a free-standing building and located in beautiful Clearwater Florida with plenty of parking. Serving NY style pizza, Italian dishes, desserts and includes a beer/wine license with bar, dining room, and awesome outdoor seating. Currently operated by the owner. Perfect opportunity for someone who is looking to get into the pizza business at a good price or for an experienced operator looking to expand their business. Current owner does not advertise. Keep the concept the same and advertise more. Well Established Classic, Authentic NY Style, Pizzeria, situated in a Very Busy plaza Ideal for an Owner Operator, Husband & Wife / Family Business. Highly Rated and Recommended with a Great Reputation to Continue to Build Upon. Fantastic location very close to the beach. Has it Been Your Dream to Open Your Own Pizzeria, Then This May Be for You! The menu also has Gyros, calzones, specialty pizzas, salads, pastas, and specialty dishes. Service options include dine-in, carry out, and catering. The chain is consistently praised for superior quality food, themed décor and an upbeat atmosphere.

Listing No            Location              Price/Down                        Adjusted Net     Sales
747-410072         Pinellas               575,000/575,000               250,000             1.2mm
Pizzeria with State-of-the-art Equipment and a great location in beautiful sunny St. Pete! With a beer and wine 2 COP license Doing primarily takeout and delivery with sales between $22k to $25k a week. Delivery is about 40% of sales and 30% take-out. Long-term lease in place, with a low rent of only $2880 a month. The pizzeria has been established just 2 years and has amazing margins. The owner has other interest and is ready for a change. Pizza represents about 75% of the sales.48 seats inside A great menu with delicious wings, subs, salads, catering platters and so much more. Turn-key pizzeria with an experienced staff and drivers in place. There’s a 12-foot exhaust hood with fire suppression This Restaurant for Sale has all the equipment you need to execute the popular Italian menu. The grease trap is underground The business will qualify for e2 visa.

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-03424           Lee                      375,000/375,000              127,791             1.121mm
Retiring owners after several decades in the restaurant business! MOTIVATED. This upscale restaurant and jazz club is hailed by clients and foodies as the best steakhouse in Cape Coral – extremely popular to a large number of regulars and a must go for special occasions.  Accolades and “Best of” plates have adorned the walls since its inauguration. This steakhouse has a soul that keeps attracting customers from near and far. About $200K in FF&E and inventory. Solid reputation and great menu. Staff of 20. Buy in the morning, start earning in the afternoon. Owners are retiring after several decades in the restaurant business. Everything conveys with the sale. This is a totally turn-key business. Two full bars and several ambiances within the restaurant, including an adjacent club with a stage for live jazz, and outside sitting. Loyal year round clientele, and plenty of parking. Despite COVID, 2020 was a very good year.

Transportation

Listing No            Location              Price/Down                        Adjusted Net     Sales
966-06190           Lee                      2.3mm/2.3mm                  707,048             1.583mm
** Asking Price LOWERED!! **
*Seller is willing to hold a note for $600,000 for Assets*
Business specializes in roof tile transport, storage and lifting services for the residential re-roof and commercial roofing industries. Started in 2018 and has quickly become a top business in this niche sector because of customer service and going above what their competitors offer. They deal directly with roofing companies and not the suppliers, this allows them to communicate directly with their customer. They have a competitive advantage over as they can deliver directly to their roof with their equipment and never leave deliveries in the driveway, avoiding any chance of damage for the roofers clients. Forklift services are available for any industry that needs their service as well.
**Business Is Pre-Approved SBA for Well Qualified Buyer**

Upholstery/Fabrics

Listing No            Location              Price/Down                        Adjusted Net     Sales
1122-00005         Sarasota             650,000/600,000               324,554             1.271mm
Unique Opportunity with excellent cash flow, owner financing, great return on investment. This custom upholstery, flooring and carpeting company has been in operation for 39 years. It houses a team of highly skilled artisans which offer and produce high quality products and services the most influential designers in the Southwest Florida and across the USA.
The primary focus of the business is high end residential upholstery, wood flooring and carpeting for the Interior Design trade. Areas of specialization include furniture reupholster, fabrication of custom cushions and throw pillows, restructuring of internal framework, replacement of foam and springs as well as fabrication and upholstery of custom headboards, bed surrounds and custom furniture. All work is performed in house.
Optional Lease or Purchase on the property.
This business has been SBA Lender Prequalified @ 10% down

Comments Off on #Businesses4Sale – For the Week of November 01, 2021




#Businesses4Sale – For the Week of October 25, 2021

Art

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-164433       Collier                 175,000/175,000               107,683              220,889
Well known established picture frame shop and gallery in Naples. The gallery offers original pieces, exquisitely framed art, and multiple framed decorative ideas. They have a wide selection of frame choices from contemporary to traditional. All orders are computer tracked and hand assembled on site. This is a great opportunity for people that enjoy working on projects and assisting the customers in choosing materials. Profitable, designed for production and display. Comes complete with customer lists, equipment and two weeks of training. Financial information includes new salary.

Automotive

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-05620           Lee                      550,000/550,000              39,238               190,333
This Auto-body repair shop is located in a very busy centrally located area of Cape Coral, Florida. The business was opened 5 years ago by its owner and has lots of repeat customers from this city. The business is growing despite the difficult economy the country is facing. The shop has a great reputation for fair prices and quality repairs. Owners speak English and Spanish. It operates in a rented building which has two entrances, one entrance located at the front main avenue it faces and the other in the back of the building to a quiet parking lot, not as busy.. Also the building has 2 rental units formed by 1) a great office space, and 2) an apartment to rent (both units rent to about $ 1200 per month) which will lower the rent fee  down to $2,300. Business does not owe any loan or money. This is a turn-key operation making money from DAY ONE.  

Listing No            Location              Price/Down                        Adjusted Net     Sales
924-28125           Collier                 3.85mm/800,000               391,052             1.135mm
Financing approved with as little as 415,000 down This listing is for an auto and truck repair facility and a auto collision repair facility. Seller will consider selling the Body Shop with Real Estate separately, it is a 3,000 sq ft building with a new state of the art paint booth. Call listing agent for more details. The listing is for both businesses and Real Estate. This is a thriving Business , 2021  cash flow through August exceed 2020 year end by 25 % . 10,000 Square Foot buildings on approx one-acre prime Real Estate in a Booming City in Southwest Florida. Two separate locations next to one another. (Two separate deeds). Considered the best auto and truck repair facility in town and is growing the collision business, just installed the state-of-the-art paint booth, the town has put a moratorium on future paint booths. The owner is hands on and has experienced master mechanic, auto body and paint techs in place. Extensive asset list for a turnkey truck and auto repair business and collision repair.
NDA, Proof of Funds and Bio a must before releasing any information.

Listing No            Location              Price/Down                        Adjusted Net     Sales
8003-05027         Charlotte             450,000/104,000              136,923              891,075
40 years in business, a stellar reputation online and in the community, products that Floridians desire, experienced employees, and a location along one of the most traveled highways in the Southwest Florida area…interested??
This business specializes in auto and home window tinting, car and marine sound system installations, and car and truck accessories.? The owner has developed an experienced staff and systems for every aspect of the business.? The current owner is committed to providing a smooth and educational transition so the new buyer can continue the success and take it to new heights!? Many growth opportunities exist that the current owner does not wish to undertake, which opens the door for an energized new owner.
Everything needed to operate this business is included…can we say Turnkey?!?? The discretionary earnings over the last three years average over $150K.? Due to COVID, the business did have a 15% decrease in sales in 2020.? However, 2021 is on track to be better than 2019 (a six-month 2021 P&L is available upon request).
This business has been lender pre-qualified and may be eligible for an E-2 Visa buyer.

Aviation

Listing No            Location              Price/Down                        Adjusted Net     Sales
8930-00016         Hillsb                   99,000/99,000                   27,662               55,337
Established since 2007, this south Florida business with a proven marketing plan has been drawing customers from across the U.S., Canada, Europe and South America. Business model is unique, with a curriculum of airmanship that includes tailwheel training, upset and spin recovery, emergency maneuvers and aerobatics. Purchase price includes a Super Decathlon, detailed lesson plans in written and power point formats established web site and marketing plan. Owner is retiring but will assist new owner, this business is perfect for “retired” qualified pilot, or it would augment an established Part 61 or 141 flight school. Currently located in South Florida but could be easily relocated anywhere.

Business Services

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-316744       Pinellas               325,000/150,000               246,109             476,741
Well established Law Firm in St Pete for sale. They focus on areas of estate planning, probate administration, business transactions, corporate law, and real estate transactions. The current attorney has a legal assistant and paralegal on staff. Owner willing to finance qualified buyers.

Child Care

Listing No            Location              Price/Down                        Adjusted Net     Sales
4110-00234         Hillsb                   195,000/50,000                 95,737               428,355
Summer Camp and after-school program licensed for 63 school-age students but can grow to 105 when ready. This is an incredible opportunity to be your own boss, serve the community, & have FUN! The current owner is moving on to help her husband’s dental practice grow & wants to see this program continue to serve the community. Opportunity to make more if you want to get your CDL & drive a bus; could do $80K to $100K a year more easily!  We’ve survived Covid & things are getting better daily.
The new owner will need State of Florida Director’s Credentials or hire a credentialed director. There’s a great team in place & the current owner is willing to train.

Listing No            Location              Price/Down                        Adjusted Net     Sales
439-417026         Hillsb                   360,000/360,000              126,086              518,803
Beautiful, neat, clean and organized are just a few words to describe this awesome preschool center for sale in an affluent area of Eastern Hillsborough County, FL area that is BOOMING with growth. Very profitable, almost 5,000 sq ft center that is approved for over 70 kids and is very well-appointed. The Jan – Aug 2021 financials are extrapolated. The 2020 financials are just for 2 months of ownership. The seller desires to move that creates this golden opportunity. Don’t miss out, inquire today. This is a great deal for a director and a visa buyer, too.

Construction

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-07581           Manatee              295,000/295,000              111,384              651,583
Successful, established business based on a franchise model allows you to take over immediate operation and enjoy immediate profits. Everything from marketing, web based proposal software, project management, trained personnel and an established 5 star brand name in the market. Commercial and residential painting also specializing in interior cabinet painting and popcorn ceiling removal. Exterior specialties include painting of tile roofs and decks. Driveway and garage coatings comprise the remainder of the exterior concentration. This company comes with many repeat clients and referrals with a great reputation. 25-30% Commercial and Municipal Contracts. 1500 sq ft, well ventilated facility for cabinet painting off-site. $690/mo rent. Opportunities for expansion in one of the fastest growing areas in the US. 2020 income estimated to be $1,100,000.

Convenience Stores

Listing No            Location              Price/Down                        Adjusted Net     Sales
892-16657           Pinellas               59,900/59,900                   25,123               167,273
Very well organize and clean C-Store.  It has 10 Coolers (one door each) and 5 standalone Coolers, for the cold drinks and food. Computer, operational software and merchant machine updated. All products have barcode that facilitates identification, inventory control, and pricing.

Internet Related

Listing No            Location              Price/Down                        Adjusted Net     Sales
8003-71440         Charlotte             395,000/395,000               82,496               244,579
Started two years ago by an experienced Internet marketing veteran, this E-commerce business can be operated anywhere in the U.S. It sells 3 products in a specialized automotive service industry and is about to add another product which will increase sales substantially.  The customers are specialty auto service providers and they re-order on a regular basis.  As an FBA business (Fulfilled by Amazon), all aspects of manufacturing, wholesale and distribution is outsourced and digitized.  A wholesale distributorship is in place with the manufacturer.  The company website links directly to Amazon for order placement.  Seller will provide complete (and very valuable) assistance and E-commerce training to the new owner.  There is very little for the owner of this business to do.  Amazon notifies when more inventory is needed in their warehouse and the owner places an order with the manufacturer, and it is shipped to Amazon’s warehouse.  All fulfillment is handled by Amazon.  The firm is experimenting with Walmart.com at this time and that may provide a significant opportunity for growth. There is no physical location or other overhead nor are there any employees, only the cost of the inventory.  This the type of E-commerce business that everyone is looking for!

Lawn/Landscaping

Listing No            Location              Price/Down                        Adjusted Net     Sales
8907-00124         Pinellas               79,000/59,000                   64,829               117,581
31 year established full-service landscape contractor business. 71 lawn service accounts generating $8929 per month on average for the past 3 years, of which 7 are small commercial accounts and 64 residential. 27 of these lawn service accounts are waterfront properties. Owner states that many of these accounts he has had for over 10 years and some nearly 20 years. In addition, another $18,896 per year on average (for the past 3 years) has been generated by doing landscaping, irrigation repair, light tree work and mulching on these established accounts. 2021 Financial numbers are even better than the last 3 years. Owner is 62 years old and ready to retire. This is a turnkey opportunity.  The trailer and all of the equipment that is needed is included in this sale to start your new future today.

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-07609           Manatee              350,000/350,000              201,805              366,805
SALE. Seller has 109 properties that are managed for lawn, tree, shrubs fertilization and general garden maintenance. The properties are all situated in a 25-mile radius from Anna Maria Island and Longboat Key.
The income produced from these properties is $450,000 per year approximately.

Medical Related Biz

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-21030           Hillsb                  140,000/140,000                60,793               400,043
This offering is for a Physical Therapy Clinic based in Hillsborough County, Florida.  The present owners opened the business in the 1990s.  The clinic is focused on providing patients from 6 years of age to 90 quality individualized treatment plans including programs for sports/work/auto injuries, sports performance, aquatic therapy, chronic pain, geriatric/osteoporosis/spinal care, and general wellness.  The staff is highly trained and holds multiple advanced certifications.
The business has over 4,000 square feet of treatment space including an indoor pool.  The building can be leased by the business buyer at $4,818 per month triple-net with an option to purchase the property.
Buyer opportunities include:
Increase marketing to physicians.
Increase marketing to insurance companies.
Promote aquatic program to other PT clinics (referrals).

Motorcycle

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-03448           Pasco                 150,000/150,000               46,729                319,877
Established motorcycle, scooter, and electric bike dealership for sale in the greater Tampa area. Three departments under 1 roof: Sales, Services, and Parts. Financing is also available onsite. 5 stars Google reviews. Customers love this store and keep coming back for services, upgrades, and new bikes. Store is located off a major state road with high visibility. Outstanding relationship with suppliers. $50,000 in inventory is included with the sale. Priced to sell!!

Pool & Spa Business

Listing No            Location              Price/Down                        Adjusted Net     Sales
8940-950307       Collier                 1.65mm/1.65mm               665,080             1.739mm
Revenue through 8 months of 2021 is 30% over all of last year. Top rated, well run and managed pool cleaning, maintenance & repair business serving residential and commercial accounts. They employ top techs and have an office manager and service manager in place. All work and scheduling is electronically controlled to minimize travel time and maximize coverage. Job status and projects are updated in real time to connect with the customer, so they see the progress, status or condition of the job. The business includes employee handbook, wrapped vehicles, and team that is paid very competitive wages to provide top quality service. Financial information for 2021 is annualized using September P&L.

Restaurants

Listing No            Location              Price/Down                        Adjusted Net     Sales
4162-05024         Manatee              60,000/60,000                  25,310                409,306
Established restaurant which had minimal effect during and after the coronavirus shutdown. Menu is very favorable for take-out so during the period restaurants were restricted to take-out only, the restaurant revenues were not dramatically affected. Once dining was put back into place, sales exceeded the pre COVID numbers. 2021 sales are projected to be over 4% higher than 2019. This restaurant has been established for 11 years with a very attractive rent. Landlord will write a new lease for a qualified buyer. Price has recently been reduced for a quick sale.

Listing No            Location              Price/Down                        Adjusted Net     Sales
904-07103           Lee                     105,000/105,000               72,206               135,858
Ready to Go – Like New – Deli | Cafe type eatery located in and around busy shopping area of dense Fort Myers residential area.
Beautiful build out with inside seating, bonus outside seating, huge kitchen and all the equipment needed to operate a deli, breakfast/lunch, sandwich shop, take-out, bakery, or caterer.  Endless possibilities with this one! Will adapt to most any theme.
2000. sq ft. with bar. Would even support a 2COP license for beer and wine.
Excellent income available to an owner/operator. Increased revenue if night and weekend hours were added. This won’t last long!

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-30075           Lee                     120,000/120,000               83,430                457,213
Charming restaurant in the area of Alva Florida. Very clean restaurant, offering American fare menu, strong local following. 45 seats inside, 25 outside. Beer, Wine, small bar seating.
presently month to month lease but landlord willing to offer long term lease. 5 years in business. plenty of onsite parking. great opportunity for the right Buyer. Note 2020 sales, business used closed for 2 months due to covid, sales on track this year….

Listing No            Location              Price/Down                        Adjusted Net     Sales
8907-00129         Pasco                 120,000/120,000               78,480                436,000
Coffee shop; featuring local wineries, roasters and kitchens. 2COP License for on premise consumption & Retail Sales.
Wealthiest Zip Code of Tampa Bay 2019
Newly Branded “Entertainment District”
Endless Parking – Easy Access – Bottom Floor – Visible from Big Box Stores
Newly developed container park featuring 25 new F&B concepts
Newly developed 800 unit apartment complex within walking distance
Bars, Restaurants, Brewery, Ice Cream Shop, Sushi Bar close by.
Tampa Bay wide onsite promotions serving thousands of patrons per event including; Seasonal Festivals, Carnivals, Monster Truck Rallies, Community Markets all held here.

Listing No            Location              Price/Down                        Adjusted Net     Sales
892-16346           Pinellas               269,000/53,800                 129,972             510,756
Mama Mia!  The best neighborhood Italian Deli & Bakery is now for sale.  Owned and operated for 25 years and is a local favorite featuring homemade bread, sausage and mozzarella, Let’s just say there is everything from hoagies to cannoli’s!  The business is fully equipped with everything needed to make Authentic Italian Cuisine including a 5 ft. hood & Ansul system.  Training is available and you must like to cook.  See agent for details.

Listing No            Location              Price/Down                        Adjusted Net     Sales
951-40024           Charlotte             340,000/170,000              128,000              314,000
Well Known family restaurant/pizzeria with a taste of Greek Cuisine. Located in a prime location with quick access to 75 highway and other main roads. The restaurant has been in business for over 30 years with a very steady loyal clientele. Licensed beer & wine, very cozy ambiance with 42 indoor seats and 12 seats in a beautiful outdoor patio. Great reviews in local media. Seller offers partial financing to a qualified buyer. Rental is gross amount. Note: Seller shall discuss the represented figures directly with the Buyer!

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-19010           Lee                      450,000/450,000              179,765              2.066mm
Long-standing Italian restaurant with established clientele on a major highway near very affluent community associations and family activities, e.g., beach, golf, shopping malls, and movie theaters. 4170 SF with indoor/outdoor seating for 160+. Full bar and Italian menu with appetizers, soups, salads, pasta, flatbreads, and other Italian specialties. Opportunities include adding social media advertising, lunch, and Sunday hours. Under-market lease has 12 years of options left.  Note: the landlord will require the buyer to be an owner/operator in order to transfer the lease.

Routes

Listing No            Location              Price/Down                        Adjusted Net     Sales
1145-00021         Pinellas               999,999/999,999               324,000             1.020mm
This FedEx Home delivery route in its first three months has grossed over $320,000 and should easily exceed over one million dollars in sales by year end. What other business provides you with fully paid revenue every Tuesday with no accounts receivables uncollected, free terminal parking, no marketing budget to spend, and gives you a fully protected territory. FedEx provides the tools needed for success. This is truly a logistics/package delivery business. This route is within the terminal area and drivers are minutes away from their first delivery. Not like other routes that take drivers out of the immediate area to begin their day.  No wasted time for employee and reduces payroll, gas and wear and tear on the company vehicles. This route offers new trucks, all employees, and 2 managers ready to go. Employees have been with FedEx for several years and are season veterans. If you are in this business and looking to expand or want to start a career in this business, this is perfect for you! This can be run as an absentee owner or reduce payroll and work it yourself. Most days the owner starts at 7am and is back home by 11am after all drivers have left for their deliveries. The owner purchased this route four months ago but has decided he wants to return to his original industry and business where he worked for over 30 years. These routes have historically grown over 10% per year for the past 10 years and in today’s times people are ordering more products to be delivered to their homes more than ever before! Jump aboard this increasing bandwagon as there is no end in sight!

Signs

Listing No            Location              Price/Down                        Adjusted Net     Sales
8006-37334         Manatee             170,000/130,000               77,498               239,442
Full-service sign company located in an area of Southwest Florida that is experiencing record growth.  For over 25 years, company has built a solid core of loyal customers by providing graphics, design, signage, banners, printing, promotional products, paper products, magnets, vinyl lettering, vehicle or fleet wraps/graphics, and even real estate signs. Modern production equipment ensures high quality products.
This is a non-franchise opportunity. Owners have achieved their objectives and are looking to retire.  Some seller financing to a qualified buyer.

Listing No            Location              Price/Down                        Adjusted Net     Sales
964-20014           Lee                      200,000/200,000              93,717               291,934
Great sign shop in need of outbound sales to continue year-over-year growth.  Located in one of the fastest growing population areas in SW Florida.  Owner only works 28 hours per week in the business.
Bring your own artwork or let them create a custom design. Specializing in rigid signs; vinyl lettering for trucks, trailers and boats; vehicle wraps; banners; and embroidered shirts and hats. 
Seller has kept small due to much larger business.

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Selling? The Questions Your Broker Should Be Asking Buyers

If you are ready to sell your business, then you might already know the importance of confidentiality during a business sale (if you don’t, read this now).

 

Keeping the for-sale status of your business as need-to-know-only information will be pivotal to a successful sale, and the best person to help you maintain confidentiality is an experienced and qualified business broker.

 

Notice that we said experienced and qualified. Like any industry there are brokers who know what they’re doing and those who could care less. You don’t want the latter on your team. You don’t want a broker who responds to every form or email inquiry about your business with an automatic nondisclosure agreement (NDA) – without any idea of who the person is that’s signing it. Allowing dozens and dozens of NDAs on your business opens you up to a myriad of problems.

 

 

A prospective buyer should be answering some very important questions before they’re just handed the NDA. If anyone who tries can get access to your business information, the likelihood of maintaining confidentiality (as well as the likelihood of finding the right buyer) will probably be small.

 

The initial vetting of prospective buyers is critically important, and if your broker knows what they’re doing they will be asking questions like these:

 

Do they have any practical experience with a business like yours?

You’ve worked hard to make your business what it is today, so you aren’t likely to hand the keys to someone who is destined to immediately drive your business into the ground. Potential buyers need to have some sort of practical experience, training or education in your industry so they don’t have to add learning an entirely new industry to the already steep learning curve of taking over an existing business. This is also very important if you lease your business location, as a commercial landlord is unlikely to transfer a lease to someone who would have no idea what they’re doing. It’s a safer bet for the landlord to have you stay on as the owner and keep paying the rent.

 

Do they have the financial means to actually buy your business?

The business market is full of buyers who think they can afford businesses they definitely can’t – incorrectly assuming they will be able to finance 80-90% of a sale. In most business deals where financing is involved – be it SBA loans, seller financing or a more traditional loan – a buyer will need to come to the table with a sizeable down payment. A good broker will have a very serious discussion with a prospective buyer about how much cash they actually have available to buy a business, how much financing they would actually be able to get and then only disclose to that buyer businesses they can afford.

 

Is this buyer who they say they are?

One of the ways confidentiality can be breached is by letting the wrong person sign the NDA for your business. Think a current or former employee who is looking to confirm a rumor or a competitor looking to move in on your niche. Your broker should ask you to come up with a list of people who can’t know the business is for sale, and then verify someone’s identity before handing them the NDA to sign. Good brokers ask a lot of questions, require some personally identifying information and then wait to verify that information before disclosing your business.

 

The point here is in order to reach a closing table successfully, you need to make sure you have the right help. Ask your broker what they do to vet potential buyers. Are they asking questions? Or do they disclose to anyone who asks?

 

Are you getting ready to sell your business and want to know more about why confidentiality is important? Would you like to know more about our process to vet buyers? Ask us! Please feel free to leave any questions or comments and we would be happy to help.

 

 

 

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com
5111 Ocean Boulevard, Suite E
Siesta Key, FL 34242

www.InfinityBusinessBrokers.com

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Why It’s Not Worth It To “Win”

Business deals don’t just have a lot of moving parts, they have a lot of people. People with a lot to lose and people with a lot to gain. People who do this kind of thing for a living and are therefore unbothered by potential issues and people who’ve never bought or sold a business who think every small issue is a disaster. People who have to write very big checks and the people who are counting on those checks.

 

In any situation where you combine a lot of people and relatively high monetary stakes – drama is inevitable. There has probably never been a business transaction where everything was smooth and no one got upset.

 

 

Here’s why we bring this up. People who are going to buy a business and people who already own one are a tough bunch. You could call it type-A personality. You have to be strong, resilient, willing to make decisions and willing to take risks to be a successful entrepreneur. This personality, however, can be a bit of an issue when a business is changing hands.

 

Why? No ONE person can “win” in a business transaction.

 

The contract used for the sale of a business will end up being a very carefully crafted and heavily negotiated document. Heavily negotiated because businesses are inherently complex, and as such there are a lot of things to discuss and then decide on. How much is the buyer going to pay? Will there be financing of some sort? How will the lease be transferred? How will the licenses be transferred? What are the time frame and responsibilities for both parties during the training period? How long will the seller let the buyer have for due diligence? This list goes on and on.

 

The reality that essentially everything needs to not only be discussed but agreed upon as well means that neither side is going to get everything they want, exactly as they want it. Everyone, EVERYONE in the deal is going to have to make a few compromises if they want to get a deal done.

 

What this means for you if you’re a buyer or a seller is you can’t die on your sword every time something isn’t going your way. You can’t be petty about small things because you’re frustrated about something that has happened in the weeks or months that it takes to put a deal together. It means you can’t be petulant and difficult just because you feel like it.

 

At this point you’re probably saying “I’d never do that” – right? You might.

 

When a business changes hands, so does a lot of money. It’s a business that is someone’s blood, sweat and tears – and is getting handed to a complete stranger. The entire process can be long and incredibly stressful. It will be very hard for both sides of the table to always remain objective and not feel personally challenged during many parts of the process. You have to go into this knowing that your buttons will be pushed, your stress might get the better of you and your feelings might get hurt.

 

When that inevitably happens, don’t do this. Don’t make everyone change the time and place for a meeting last minute just because you want to be difficult on purpose. Don’t drag your feet with documentation that the other side has requested just because you think their questions are annoying. Although mildly entertaining for you in the moment, petty nonsense like this only wastes your own time and puts your own deal in jeopardy.

 

Power plays to “win” will do nothing but aggravate everyone in the deal – a deal that’s hard enough already and doesn’t need the additional drama. Go into your deal knowing that this process will be challenging, but worth it if you can remain patient.

 

Have you been in a business transaction where emotions got the better of someone and have an experience to share? Would you like to know more about the challenging parts of a business transaction? Leave any questions or comments, we would be happy to help.

 

 

 

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com
5111 Ocean Boulevard, Suite E
Siesta Key, FL 34242

www.InfinityBusinessBrokers.com

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Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com

5111-E Ocean Blvd
Siesta Key, FL 34242




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