Blog

August 23, 2022

Just Sold: Laundromat

Quorum Business Advisors just sold a Laundromat in North Florida. This listing had a lot of interest and sold for the princely price of $237,000. If you are a business owner in the Florida and are considering selling your business, Contact Quorum Business Advisors today....
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July 25, 2022

Just Sold! Restaurant with Real Estate

Congratulations to Ken Greenwood of Quorum Business Advisors who Just sold a Restaurant with Real Estate in Central Florida. If you are a business owner in the Tampa Bay or Central Florida area looking to sell your business,  Call Ken today. ...
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July 21, 2022

How much is your Business worth?

For small business owners their business can be their most valuable asset. When it comes time to move on or retire selling the business can provide them with the financial means to do so. But what is a business worth? Well, there are lots of ways to determine that. As a business broker my main interest is in determining what...
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July 20, 2022

Working Capital and the Sale of a Business

The simple definition of Working Capital is Current Assets – Current Liabilities. But in real world application it is much tricker and is frequently the source of heated disagreement between buyers and sellers. Working capital is used to fund operations and meet short-term obligations. If a company has enough working capital, it can continue to pay its employees and suppliers...
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July 12, 2022

Ten Steps to Buying a Business

Step 1 Before you begin to look for a business take some time to do a serious inventory of your skills, aptitudes and qualifications. Determine how much you have available to invest. Whether or not you will be seeking financing (either SBA or seller) and what your timeline is. Identifying your preferred industries, price range etc. will help you narrow...
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July 1, 2022

Jacksonville Best Place to Live

Jacksonville has emerged as one of the fastest growing cities in the country. In fact, Forbes magazine recently cited Jacksonville as the #2 most popular city to move to. Jacksonville has been featured on a list of the best places to live! The U.S. News & World Report published “The 25 Best Places to Live in the U.S. in 2021-2022″...
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June 29, 2022

Recently Sold – Real Estate Brokerage

Anthony Rigney of Quorum Business Advisors recently arranged the sale of a Real Estate Brokerage in Florida. This business sold at above list price and the closing took place within 30 days of contract signing. If you are interested in selling your Business please contact by clicking here or calling 904-725-7677....
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June 28, 2022

Understanding Seller Discretionary Earnings (SDE)

Seller Discretionary Earnings (SDE) is also sometimes called the “Owners Benefit” and the terms can be used interchangeably. This is a key metric when it comes to valuing, buying and selling small. In this article I discuss how SDE is calculated. When net income or cash flow is calculated we use the Adjusted Net (Owner Benefit) figure. This is the net profit...
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June 17, 2022

Sell Your Business in 2022

  Let me help you make your dreams come true in 2022. As one of Florida’s top Business Brokers I can help you find the right buyer for your business. There are five things you should know about my services. One Broker As a member of the Business Brokers of Florida (BBF) I cooperate with over 1,100 active business brokers...
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June 14, 2022

Buy a Business in 2022

Let me help you make your dreams come true in 2022. As one of Florida’s top Business Brokers I can help you find the right business. There are five things you should know about my services. One Broker As a member of the Business Brokers of Florida I cooperated with over 1,100 active business brokers in this State. That means that...
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June 9, 2022

Choosing your Advisors when buying or selling a Business

  Choosing your Advisors when buying or selling a business.    I have previously addressed the importance of finding the right business broker when selling or buying a business. But what about other advisors? As a Business Broker I am very careful not to offer tax, legal or financial advice. My expertise is in the field of business acquisition. I...
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June 8, 2022

Just Published

    Just published my first book on Amazon. “Selling Business Insights Vol. 2” I am one of several co-authors. Get your Kindle copy for just 0.99. Click on the link below to get your copy.  Business Selling Insights Vol. 2 Anthony John Rigney Owner / Broker Quorum Business Advisors, LLC...
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June 2, 2022

Trade School for Sale

Trade School for Sale Great Cashflow For more information CONTACT us today...
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June 2, 2022

Jewelry Store for Sale

Listed by Quorum Business Advisors Jewelry store for sale in busy Jacksonville Mall CONTACT us for more information...
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June 2, 2022

Restaurant and Bar for Sale

Popular Restaurant and Bar for Sale in Jacksonville Florida Restaurant experience required CONTACT us for more information...
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June 2, 2022

Boat Detailing Business for Sale

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June 2, 2022

Metal Fabrication Business for Sale

Quorum Business Advisors just listed a Metal Fabrication business for sale in Hernando Country Florida. This business is suitable for SBA financing and includes buildings and real estate.  CONTACT us for more information. ...
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June 2, 2022

Trucking Company for Sale

Quorum Business Advisors just listed a Trucking/Transportation business for sale NDA and proof of funds or financial statement required.  CONTACT  us for more information. ...
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June 2, 2022

Just Listed: Gym for Sale in Jacksonville

Quorum Business Advisors has just listed a Crossfit Gym for Sale in Jacksonville, Florida.  NDA Required.  CONTACT us today for more information. ...
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April 5, 2022

Just Sold Construction

Just Sold: Construction North Florida Just sold by Anthony Rigney of Quorum Business Advisors. This Construction related business sold for the price of $1.6M which included some seller participation. We congratulate the buyers of this business who we have no doubt will be hugely successful. We also congratulate the sellers who now embark on a new phase in their lives....
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February 22, 2022

Small Business Valuation Multiples Explained

Small Business Multiples Explained. When it comes to misconceptions surrounding the sale of a business, small business valuation multiples may be the most routinely misunderstood – with the most profound consequences. How can one simple number cause so much confusion? What does the multiple say about a business? And is “ten times” considered the norm, pie in the sky, or...
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February 2, 2022

5 Mistakes when Selling your Business

5 Mistakes when Selling your Business Every day, all a crossed America, small business owners unintentionally make one or more of the following mistakes, which in turn drastically reduces their business value and or likelihood of successfully selling and exiting from their business. A single mistake or misstep could cost you tens of thousands of dollars in valuation change. People...
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January 7, 2022

7 steps to selling a small business

  How to Sell Your Small Business Reviewing these seven considerations can help you build a solid plan and make negotiations a success. Reasons for the Sale You’ve decided to sell your business. Why? That’s one of the first questions a potential buyer will ask. Owners commonly sell their businesses for any of the following reasons: Retirement Partnership disputes Illness...
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December 10, 2021

How to Sell your Business

  How to Sell Your Business Out of all the businesses listed for sale, only about 10% to 20% ever sell. There are many reasons why your business sale may fail to go through. It could be that your business is bleeding cash, you have overpriced it, you have irreconcilable flaws, or you lack a professional business broker. Now, if you’re trying...
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December 8, 2021

Consider a Career with Quorum Business Advisors (Video)

Quorum Business Advisors is hiring Business Brokers throughout the State of Florida. Experience is preferred but not essential.  Requirements include – Florida Real Estate Licenses – Strong work ethic – Ability to understand financial statements For those willing to work hard the sky is the limit in terms of income and job satisfaction. Set yourself on the road to a...
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