Florida’s Premier Business Brokerage
Here is a link to our website where you may search a database of over 2,500 +/- Florida businesses for sale. www.acquisitionexperts.net. On the top left side of the home page click on the Businesses For Sale heading. There are several saved searches that you may want to view right there. The second one down is entitled Search Florida Businesses for Sale. When you click on it, make sure to click the red “Advanced Search Options” tab. Under “How to Display” to the right change it from Standard to “One Line Plus Comments” to see a description of each business your search results find. Also this expanded search version allows you to search by such fields as Lender Pre Qualified, Home Based, Relocatable, Franchised, etc. Another useful box to check for weekly searches show listings modified in the last x days. If you run this weekly and use 7 days for example it will show you all the new listings or existing listings that have been modified within the time period, you chose. (Price reductions, verbiage changes, numbers updated, etc.) This is the easiest way to know which listings are new week to week. Also, you can define the County(s) and business category types using the Control button to choose as many as you want in each search. You may also search by Income Sources such as Tax Return or P&L. If you searched all of the Manufacturers or Distributors in the State for example, then you run a second search to see which ones used Tax Return or P&L as the Income Source. (These are generally the listings with cleaner books and records) When you find businesses you want more information on e-mail me the 7-digit BBF Listing Number and we’ll review the opportunity together.
Also, it’s preferable to have a short bio on yourself put together that we can forward as needed to other Brokers and a Personal Financial Statement for use only when needed with your permission. Usually when working with another Broker we would include your bio with the NDA and allude to having your PSF on file and tell them only that you are financially qualified and capable of acquiring the Listing of interest. Some Brokers may require having it on file in which case we seek your permission first. The biggest reason for having these in hand is when a new listing comes on that is RED HOT it goes quick. The Listing Broker may get 20 to literally 50 inquiries the first weekend from their own ads and other Brokers inquiring representing Buyers. In those cases, it’s very important to prove that YOU are a serious and qualified Buyer in order to get moved up the pecking order for information and a showing. Some companies have a policy that if the listing is over $250k they automatically require your Financial Statement, etc. Lastly, it’s fair play. We expect the Seller to provide us with Financials, Tax Returns, Asset Lists, Leases, etc. and it helps tremendously if they know you are operationally and financially capable of buying their business
Some of the items on a checklist that may need completed prior to buying an existing business may include: