January 22, 2017
Blog
January 14, 2017
Profitable Tanning Salon Set for Rapid Growth
Asking Price:$79,900 Cash Flow:$32,620 Gross Revenue:$153,406 FF&E:$73,000 Inventory:$2,500 Established:2006 Business Description Profitable Tanning Salon set for rapid growth. Established tanning salon, great staff, beautiful facility. Desirable retail location in Jacksonville, FL with two strong new anchor tenants – should draw lots of new traffic. Profitable with clients & automated billing in place. Software to manage client base, equipment monitoring &...
December 22, 2016
Should You Own A Business
It is the dream of many Americans to wake up as their own boss. Working for someone else can feel like you are running in place. You never know what will change tomorrow. Will you be demoted or out of a job? Will the dream promotion go to someone else? Often control seems out of your hands. And these days...
November 3, 2016
Profitable Pawn Shop
Profitable Pawn Shop Jacksonville, FL (Duval County) Asking Price: $399,900 Cash Flow: $132,531 Gross Revenue: $388,387 FF&E: $30,000 Inventory: $196,690 Established: 2014 Business Description Profitable Pawn Shop – good records Pawn shop located in busy shopping center in Jacksonville. Only 2 years in operation and business is growing rapidly. Owner is willing to help train and best of all inventory...
October 19, 2016
HVAC Companies Wanted
I am working closely with a buyers interested in acquiring HVAC businesses in Florida. At this time however there are few such businesses available for sale. If you are considering selling your Company; I believe now would be the time to speak with me. This is not a marketing gimmick. My buyers are very real and are interested in purchasing...
October 17, 2016
Buyers Seeking Bars
I am working closely with a number of buyers looking to purchase profitable Bars and Liquor Stores in North Florida. At this time however there are few such businesses available for sale. If you are considering selling your business; I believe now would be the time to speak with me. This is not a marketing gimmick. My buyers are very...October 13, 2016
Buyers seeking Veterinary Practices In Florida
I am working closely with a National Group interested in acquiring Veterinary Practices in Northeast Florida. At this time however there are few such businesses available for sale. If you are considering selling your practice; I believe now would be the time to speak with me. This is not a marketing gimmick. My buyers are very real and are...
October 5, 2016
Non-Disclosure Agreement
One of the most important documents when buying or selling a business is the Non-Disclosure Agreement (NDA). The purpose of the NDA is to protect the financial and intellectual property rights of the company that is for sale. Buyers will be asked to sign a NDA at the time of their first inquiry The name of the business, its...October 5, 2016
Office Building Cafe – Sold!
Anthony John Rigney of Quorum Business Advisors just closed the sale of a well known office building Cafe in Downtown Jacksonville. The cafe, a frequent destination for office workers sold for a price of $210,000. The name and exact location of the business remain confidential. The transaction was financed by the SBA department of Chase Bank and was closed by...
September 16, 2016
Allocation of purchase price – IRS Form 8594
When buying or selling a business you are required by the IRS to file Form 8594. This form gets filed with your tax return and the buyer and seller must agree on how the purchase price is allocated. This can become a bone of contention as sellers and buyers often have diametrically opposed interests with regards to how the...September 8, 2016
Established Veterinary Clinic for Sale
Established Veterinary Practice for Sale Well Established Veterinary Practice, the Clinic provides a wide variety of Veterinary services including surgery, radiology, and routine check-ups and preventative care to a large patient base. Other services include boarding, grooming and the sale of pet supplies. Great opportunity for a young Vet to enter an established practice or existing Vet to expand....
August 8, 2016
Luxury Aveda Salon for Sale in Jacksonville
Luxury Aveda Salon in Jacksonville Aveda salon available in a highly visible center. This nicely appointed hair salon, also offering massage, facials, mani/pedi and hair removal services. The owner benefit is calculated for owner operator. Email me today for a confidentiality agreement. Must be approved by Aveda. Asking Price: $120,000 Cash Flow: $20,213 FF&E: $10,000 Inventory: $3,500 Established: 2011 Detailed...
June 23, 2016
European Themed Taverns – Two Locations (PA)
Asking Price:$1,175,000 Gross Income:$3,669,849 Cash Flow:$118,217 FF&E:$850,000 Inventory:$21,000 Established:2011 Employees:82 Business Description Franchise Tavern – Two Locations (PA) National Franchise Bar and Restaurant with a European theme – two locations – in Pennsylvania! Long term leases in place. Room for improvement in COG expense. High profile National brand and capable staff in place. Needs active experienced owner to take to...May 31, 2016
70 Businesses for Sale
70 Business Listings70 New Business Listings from Quorum Business Advisors, LLC Restaurants for sale, Manufacturing Businesses for Sale, Construction Businesses for Sale, Retail Stores for Sale, Bars for Sale, Auto Repair Business for Sale, Salons for Sale, Distribution Business for Sale, Lawn Care Businesses for Sale, Fitness Businesses for Sale, Accounting Business for Sale, Clothing Business for Sale, Real Estate...
May 23, 2016
Sold! Tilted Kilt in Orlando
Anthony John Rigney of Quorum Business Advisors has brokered the sale of the Tilted Kilt Franchise Restaurant in Orlando, Florida. The National Franchise chain store is located on idrive in the heart of the tourist zone. The property was on the market for less than six weeks when it went under contract. Tilted Kilt is a successful franchise Pub Eatery...
May 23, 2016
Candy Kiosk for Sale
Reduced for quick Sale! Price:$25,000 Gross Income:$104,977 Cash Flow:$45,380 FF&E:$35,000 Inventory:$8,000* Established:2014 Employees:1 *included in asking price. Business Description Candy Kiosk – easy to run! Retail Candy Kiosk in highly visible location within a major regional mall. Fun business with very high profit margins and minimal retail staff required. Business offers wide selection of bulk candy, & pre-packaged confections,etc. Security...
May 7, 2016
Franchise Restaurant and Bar for Sale
Business Description Columbia, SC (Lexington County) Franchise Restaurant and Bar for Sale National Franchise Bar and Restaurant with a European theme. Priced well below start up costs. Located in one of the busiest and most affluent areas of town. Absentee ownership has been the only thing holding this bar back. Active owner would have a big advantage. Buyer must qualify...
May 7, 2016
Fitness Studio in Beach Town
Asking Price:$69,500 Gross Income:$92,516 Cash Flow:$20,628 FF&E:$40,000 Established:2010 Employees:5 Business Description Duval County Bargain: Fitness Studio in Beach Town Beautiful and very well established group fitness studio for only $69,500! Members drafted monthly,this successful biz is ready for growth. Owner is absentee and the business could only benefit from a full time operat or. It’s your time to have...
May 7, 2016
Auto Services – Real Estate – Jacksonville
Asking Price:$1,895,000 Building Sq. Ft.:2072 Year Built:1966 Property Description Real Estate – Auto Services – High Traffic Location Auto Repair Commericial Real Estate – Busy Corner Commercial Property located on second busiest intersection in Jacksonville. Zoned CCG-1 and currently used for Auto Repair. Suitable for Auto repair/lube or Tire store. 0.34 acre lot with Building 2,072 sq ft. Additional...
May 7, 2016
Massage Therapy Franchise
Asking Price:$125,000 Gross Income:$485,023 Cash Flow:$62,628 FF&E:$191,808 Inventory:$5,000 Established:2010 Employees:15 Business Description Bargain: Massage Therapy Franchise Rochester Hills, MI (Oakland County) Successful Massage Therapy Franchise. This leading National massage therapy franchise has a solid business plan and is rapidly becoming #1 in the massage industry. Monthly memberships guarantee recurring revenue. Experienced staff in place and currently run on an absentee...April 4, 2016
Sold! Neighborhood Bar
Anthony John Rigney of Quorum Business Advisors, LLC recently brokered the sale of a Neighborhood Bar in the Riverside area of Jacksonville. The sale was closed in 42 days. Buyer plans to reopen the bar with a different theme. If you wish to buy or sell a bar in Florida please contact Anthony at 904-662-4458....
April 4, 2016
Sold! Duval County 4COP Liquor License
Anthony John Rigney of Quorum Business Advisors recently negotiated the sale of a Duval County 4COP Liquor License. This sale was closed in 42 days. Buyer plans on using the license to open a new Liquor Store in the Arlington area of Jacksonville. If you are interested in buying or selling a Florida Liquor License please contact Anthony today right...
March 8, 2016
Successful Kitchen & Bath Franchise
Business Description Successful Kitchen & Bath Franchise Custom bathroom and Kitchen remodeling. Using a unique process that cuts down on demolition most jobs can be completed in one day. Great opportunity to own a growing biz with year after year of strong growth of Profitability. Great staff in place. Current owner can only works business part time due to other...March 8, 2016
Childrens Play Center for Sale
Child Play and Learn Center for Sale Complete turnkey children’s play & learn franchise facility for sale. Equipment, many regular customers, and an ideal location make this a business you do not want to pass up. Currently being sold for less than you could open on your own, and already turning a profit. Owner only works part time. Franchise transfer...
March 8, 2016
Sold! Transportation Business
Anthony John Rigney of Quorum Business Advisors, LLC announces the sale of a group transportation business in Jacksonville, Florida. The owners of this successful 20 year old operation are retiring and passing on the torch to a new generation of owners. If you are considering selling your business, contact Anthony today....
March 8, 2016
Sold! Tilted Kilt Restaurant in Jacksonville Florida
Anthony John Rigney of Quorum Business Advisors has brokered the sale of the Tilted Kilt Franchise Restaurant in Jacksonville, Florida. The National Franchise chain store is located in the Tinseltown complex on Jacksonville’s Southside. The property was on the market for less than two months when it went under contract. Tilted Kilt is a successful franchise Pub Eatery serving Scottish,...February 2, 2016
Understanding Adjusted Net Profit
Adjusted Net Profit is also sometimes called the “Owners Benefit” and the terms can be used interchangeably. When net income or cash flow is calculated we use the Adjusted Net (Owner Benefit) figure. This is the net profit on the P&L (profit and loss statement) or tax return plus owner’s benefits. The owner’s benefits are added back because every financial...
November 24, 2015
Frozen Yogurt Store
Anthony John Rigney PA announces the sale of a Frozen Yogurt Store in the Jacksonville neighborhood of Riverside. This deal closed in just 41 days. Buyer and seller have requested that the price remain confidential. If you would like to buy or sell a business please call Anthony today at 904-725-7677....November 24, 2015
Gym in Atlantic Beach
Anthony John Rigney PA announces the sale of a Gym in Atlantic Beach Florida. This deal closed in just 21 days. Buyer and seller have requested that the price remain confidential. If you would like to buy or sell a business please call Anthony today at 904-725-7677....September 23, 2015
Recommendation Payroll Service
If you are looking for a small business payroll solution I recommend Zen Payroll. I started using them this year and I have been very pleased. Easy to use and extremely affordable. Try it today for Free. https://zenpayroll.com/r/VVhXD Anthony John Rigney PA...September 22, 2015
Massage Therapy Franchise
Lake Ridge, VA (Prince William County) Asking Price:$225,000 Gross Income:$475,635 Cash Flow:$41,812 FF&E:$60,000 Inventory:$5,000* Established:2012 Employees:21 * included in asking price. Massage Therapy – Major National Franchise Store Business Description This massage therapy franchise has a solid business plan and is rapidly becoming #1 in the massage industry. Monthly memberships guarantee recurring revenue. Experienced staff in place and currently...
September 9, 2015
Major National Franchise Restaurant/Bar
Asking Price: $215,000 Gross Income: $1,792,372 FF&E: $350,000 Inventory: $25,000 Established: 2011 Employees: 40 Business Description Major National Franchise Restaurant/Bar at knock down price! National Franchise Bar and Restaurant with a European theme. Located in one of the busiest and most affluent areas of town. Absentee ownership has been the only thing holding this bar back. Sales of $2.8M in...August 27, 2015
Sharp Rise in Business Sales
Business Sales Taking Off Our internal numbers for the State of Florida show that small to mid-sized business sales have increased sharply over the last two years. Sales are up 37% from two years ago. Even more impressive – the dollar volume of businesses sold. This has increased by an astonishing 359%. Not only are more businesses selling but they...
August 16, 2015
Planet Beach Franchise – Sold
Anthony John Rigney PA announces the sale of a Planet Beach Franchise in Jacksonville, Florida. This was the successful resale of an existing Franchise Location. Anthony worked closely with the Franchise and Franchise Developer to make this deal happen. This deal closed in just under ten weeks. If you are looking to purchase a Franchise contact Anthony today....July 28, 2015
Independent Insurance Agency – Sold
Anthony John Rigney PA announces the sale of an Independent Insurance Agency in Volusia County Florida. This deal closed in just 18 days. Buyer has purchased a number of such agencies and was very happy to further add to his book of business. If you are looking to buy or sell an agency please contact Anthony today....July 10, 2015
Grocery Store Sold – E2 Visa Buyer
Anthony John Rigney PA announces the sale of a Grocery Store and Butcher Shop in Jacksonville, Florida. The deal also included a separate transaction for the purchase of the associated real estate. Buyer was a successful E2 Visa applicant. This complex deal was closed after fourteen weeks. Price has been withheld at request of buyer and seller. Call Anthony today...July 3, 2015
Personal Training Studio – Sold
Anthony John Rigney PA announces the sale of a Personal Training Studio in Ponte Vedra Beach Florida. The deal closed in just five weeks. Buyer and seller have requested that the price remain confidential. If you would like to buy or sell a business please call Anthony today at 904-725-7677....June 23, 2015
Nightclub with Real Estate
Anthony John Rigney PA announces the sale of a Nightclub with Real Estate in Jacksonville Florida. The sale also included a full 4COP liquor license. Total price was $750,000 and the deal closed in six weeks....June 17, 2015
Custom Bathroom Remodeler
Business Description Custom bathroom remodeling. Using a unique process that cuts down on demolition most jobs can be completed in one day. Great opportunity to own a growing biz that has cleared the startup hurdle. Great staff in place. Current owner can only work biz part time due to other obligations. New owner would have an excellent opportunity to grow...
June 17, 2015
Custom Kitchen and Bathroom Remodeler
Business Description Custom Bathroom and Kitchen remodeling. Using a unique process that cuts down on demolition most jobs can be completed in one day. Great opportunity to own a growing biz with year after year of strong growth. Great staff in place. Current owner can only work business part time due to other obligations. A new owner would have an...June 11, 2015
Understanding Lease Assignment
One of the most overlooked issues when selling or buying a business is the Lease Assignment. Since most businesses rent their real estate the Landlords consent is necessary before a change of ownership can proceed. It is best to be well prepared for this process. Lease assignments can take anywhere from days to months. The bigger the Landlord typically the...
May 11, 2015
Transportation Business for Sale
Owner Benefit $130,481 – Price $350,000 – Down Payment $175,000 Reduced to Price $299,950 – Down payment $165,000 Family owned and operated transportation business serving Northeast Florida for two decades. Large fleet of Vans and Cars specialize in professional transportation to and from Airports, Hotels and Special functions. All vehicles included in the sale and no liabilities being assumed. Low...
May 10, 2015
Manufacturer of Sports Products
Anthony John Rigney of Quorum Business Advisors announces the sale of a Jacksonville based Manufacturer of sports and apparel products. The acquisition was completed with financing from Newtek Business Services.The new owner Bob R. has already put into places plans for a rapid expansion bringing new employment to the City of Jacksonville....
May 10, 2015
Grocery Store in Lawtey – Sold
Anthony John Rigney PA announces the recent sale of a Grocery Store in the Bradford County town of Lawtey. The sale of this country store was arranged after five months on the market. Seller has requested that the sale price remain confidential....May 10, 2015
Gas Station On Westside of Jacksonville
Anthony John Rigney PA announces the sale of an unbranded Gas Station on the Westside of Jacksonville. The business sold for $60,000 including inside inventory. The associated real estate sold for $260,000....April 7, 2015
Should you make a lowball offer?
When buying a business is it a good idea to make a lowball offer? This is a critical question for many buyers. How should you frame your initial approach – a fair offer or start out low? People will make a low offer for a number of reasons. They don’t know what to pay – Many times buyers are...
March 31, 2015
Massage Therapy Franchise Sold in Hillsborough County
Anthony John Rigney PA announces the sale of a Massage Therapy Franchise in Hillsborough County, Florida. The business went under contract after just 42 days on the market. This sale represents the fifth massage therapy franchise sold by Mr. Rigney in the last four years....March 31, 2015
Insurance Agency for Sale
Price $155,000, $116,750 down Commissions $95,873, Owner benefit $42,430 Great agency (P&C) for an owner operator. Local agency with great reputation. Carriers include Universal P&C, Tapco, IB Green, Infinity ,Progressive, Foremost, Titan, Kemper, Assurance America, and more, 80% auto, 10% Home & flood, 10% general liability and other....
March 14, 2015
Frozen Yogurt Store for Sale
Frozen Yogurt Store for Sale – $105,000 Currently run absentee with free cashflow of $54,340 per year Popular frozen yogurt store in trendy and booming part of town. This Franchise store is very easy to operate and current owner runs it mostly absentee. Financial information provided by owner is a 12 month income and expense report from 3/2014 to 3/2015....
January 28, 2015
Grocery Store for Sale
Grocery Store for sale – in small town near Jacksonville Sales $960,000 Owner Benefit $120,468 Profitable small town Grocery store, near Jacksonville. $76,000 of inventory included in price. Fully equipped meat market. – owner relocating.Established customer base, reputation for quality, enormous selection, pre-packaged family values, and reasonable pricing has made this a favorite place to shop. This store has been...
January 19, 2015
Food Truck For Sale
Food Truck for Sale Price $100,000 Downpayment $70,000 Join the Food Truck revolution. Top notch gourmet food truck fully equipped and ready to go. Owner currently works only part-time. Own a business on wheels with no rent to pay. This is everything you need to get in on the hottest new trend in the food business. Owner will train. Website...
January 19, 2015
Gym for Sale
Gym for Sale Annual Revenue $268,543 Owner Benefit $53,845 Price $100,000 (only $30,000 with seller to hold note of $70K for right buyer) Gym and Personal Training Studio for Sale, perfect for personal trainer or gym fanatic. Modern facility with top of the line equipment. Offering gym, personal training and group fitness. Additional income opportunity if able to train. Knowledgeable...January 19, 2015
Golf Course Sold in Martin County
Anthony John Rigney of Quorum Business Advisors recently sold a golf course in Martin County Florida. This property sold for multiple millons of dollars. Selling price is being withheld at the request of buyer and seller. The listing went under contract on October 27th, 2014 and closed in 47 days. If you would like to buy or sell a business...
December 28, 2014
Buy a Business In 2015
Let me help you make your dreams come true in 2015. 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...
December 23, 2014
Buying the perfect business
Buying the perfect business. How do you find the perfect business to buy? Well I admit this title was a little misleading. In fact the simple answer is that there are no perfect businesses. Just like the people who create them businesses are imperfect. There are buyers who have spent many years looking for the perfect business. They become confused...November 22, 2014
Grocery Store near Jacksonville
Grocery Store near Jacksonville – Cash Cow Gross Sales $960,000 – Owner benefit $120,468 Profitable Grocery store in quaint small town near Jacksonville. $76,000 of inventory included in price. Fully equipped meat market. – owner relocating. Established customer base, reputation for quality, enormous selection, pre-packaged family values, and reasonable pricing has made this a favorite place to shop. This store...
November 13, 2014
Buy a Business or Launch a Startup?
Is it better to buy an existing business or launch a startup? The answer may depend on your goals. However In general it is better to buy a business than to start one from scratch. The reasons are varied. First of all buyers often underestimate the true cost of establishing a business. Let’s take a simple retail business for example....November 3, 2014
Moving & Storage Business for Sale
Cashflow of $521,982 on sales of $927,493 Priced at $5,450,000 which includes real estate, all furniture, fixtures and equipment as well as a large number of mobile storage containers. This business has been Lender Pre-qualified for a loan of $4,237,000 plus working Capital. This Company is a diversified moving and storage business with multiple revenue streams. Primary source of income...
October 28, 2014
Massage Therapy Franchise for Sale
Located in Hillsborough County Price $50,000, Downpayment just $25,000 Won’t last long Massage Therapy Franchise for Sale. This beautiful, 3000 sq. ft. salon, is immaculate and newly built! Business features 9 single massage rooms and two couples rooms. Concept is based on membership but walk-ins are allowed. Great opportunity to take over this established business.This is a National massage franchise....
October 20, 2014
The Instant Entrepreneur
Have you dreamed of being your own boss? Do you wish you were the one making the big bucks and calling the shots instead of toiling away in cubicle hell? Maybe you have considered becoming an entrepreneur but figured it is too risky or that it will take too long to get a new business off the ground. Well there...
October 10, 2014
Days on market not a factor when buying a business
In residential real estate a key factor in the perceived value of a piece of property is “days on market” – sometimes abbreviated as DOM. In Business Brokerage DOM is not a major factor. In fact, in Florida our MLS does not even track how many days a particular business has been listed. Here is why. Say you have a...
October 7, 2014
Reasons to sell your business
It is important for a business owner to be able to communicate the reason they want to sell. This is something buyers need to know. There are three good reasons to sell a business. Retirement – you have built your business, you are happy with its value and have no one to leave it to. Personal matters –...
September 23, 2014
Business Broker as a career
In Florida an agent who assists buyers or sellers in the sale of a business is referred to as a “Business Intermediary”. While we are often colloquially referred to as Business Brokers – in fact it is only the principal licensed Broker in the agency who is a Business Broker. Agents working under the Broker are properly referred to...
September 18, 2014
How much is my business worth?
There are many factors that determine the value of a business. But the actual value is what a buyer is willing to pay and a seller is willing to accept. The main reason a buyer will want to buy your business is the amount of owner benefit they can expect to derive from it. Owner benefit can be realized...
September 6, 2014
5 Hottest Selling Businesses in Florida
Five hottest selling businesses in the State of Florida in 2013 1. Medical 2. Manufacturing 3. Construction 4. Distribution 5. Insurance Based on data provided by the Business Brokers of Florida (BBF). Not a reflection of the total number of businesses sold. This ranking is based on the ratio of businesses sold to businesses listed in each respective category. Anthony...August 30, 2014
8 reasons your business won’t sell
8 reasons your business won’t sell – and what you can do about it. Licensing Difficulty If you are in a business that involves hard to get licenses and/or agency approval (such as the medical field) this can be problematic for a buyer. Solution: You may be able to transition instead to a stock sale and alleviate the need...
August 30, 2014
Why location does not matter
In Real Estate they say Location, Location, Location! Meaning that location is everything. But in business brokerage we do not concern ourselves much with location. We judge businesses primarily by their financial performance. A profitable business in a bad area is more valuable than a money losing business in a hip part of town. This is because the effects of...
August 22, 2014
Top Selling Businesses
Ten top selling businesses in Florida. Ranked by category from highest number of sales to lowest. 1. Restaurants (Full Service, Fast Food & Take Out) 2. Beauty/Personal Care (Salons, Day Spas, Tanning, Barber Shop etc. 3. Real Estate (Property Management, Brokerages etc.) 4. Liquor (Bars, Nightclubs & Package Stores) 5. Cleaning (Clothing) (Dry Cleaners & Coin Laundries) 6. Lawn/Landscaping Service...August 19, 2014
Ten Tips for Business Buyers
Risky Business There is risk as well as reward in being a business owner. If you are the risk averse then business ownership may not be for you. Before you even begin to look for a business, decide if you are willing to accept the higher level of risk involved in entrepreneurship. Know your strengths Determine the type of...
August 12, 2014
Buying a Franchise – what they won’t tell you
Isaac Singer whose name became synonymous with the sewing machine began one of the first franchises in the United States 160 years ago. By 2007 the Census Bureau was reporting that 10.5% of the businesses with employees were franchises. This model of entrepreneurship has become increasingly popular. One reason is that it offers “easy” access into the world of...
August 11, 2014
Buying a Gas Station – things you should know
The first thing to know when buying a gas station is that you are unlikely to get rich selling gas. In an urban area the typical margin per gallon of gas is 6-9 cents per gallon. In many cases credit card fees will wipe out any profit on gasoline sales. This is why it is becoming more common for...
August 10, 2014
Breakfast Lunch Cafe
Breakfast Lunch Café for Sale Great hours Price $99,500 reduced to $59,500 Cash Flow $44,500 Only $30K down!! 39 years in business! This breakfast lunch cafe is a CASH COW. Grandfathered in an upscale office/warehouse area serving clients that work and live in area. No other restaurants can get near this project. Small easy to run and great fun. Customers...
August 9, 2014
Grocery Store & Meat Market
Grocery Store & Meat Market for sale Small town feel with Big City convenience. This convenient relationship advantaged shop offers fresh produce, daily baked-on-site items, specialty meat & butcher services, specialty items along with a post office inside that draws customers. B2B profits from supplying specialty meats to retail outlets. Hot lunch service on site. Loyal customer base due to...
August 1, 2014
The importance of confidentiality – when selling your business
When business owners first approach me about selling their business – often their greatest concern is Confidentiality. The worry is that employees, vendors, competitors and customers may learn that the business is for sale. I will deal with each concern separately. Employees: Employees may become concerned about job stability. This can lead to key employees seeking work elsewhere. Employee moral...
July 29, 2014
Latest Listings from Quorum Business Advisors, LLC
Business for Sale Listings from Quorum Business Advisors, LLC Please click on the link below to see a list of our latest listings in Northeast Florida Latest Listings Anthony John Rigney ...July 27, 2014
How to determine the value of goodwill
Goodwill is the value of a business above the fair market value of its tangible assets. It is an “intangible” value meaning that it cannot be directly measured. We can measure the total value of a business in a number of ways. Main street business brokers typically use a multiple of earnings approach with relies on market data to put...
July 21, 2014
Buying a Restaurant – things to know
So you are considering buying a Restaurant. Before you do so there are some things you should know. Watch Your Margins Experienced restaurant owners know that one of the keys to success is controlling costs. Restaurants run on tight margins and if costs are not controlled it is impossible to make a profit. Here is a general guide for the...July 20, 2014
Selecting a Business Broker
Selecting a Business Broker When the time comes to sell your business you will be best served by finding a qualified professional to assist you. You should seek out an experienced Business Broker. Business Brokers specialize in selling businesses. Be careful, Realtors and Commercial agents are generally not experienced in the sale of a business enterprise. Most realize this...
July 20, 2014
Salon for Sale
Full Service Salon and Day Spa located in fashionable area of Jacksonville. Salon for Sale. After 18 years owner/operator needs to relocate and is ready to turn this fantastic business over to a new owner. Everything is in place, staff, equipment and happy clientele. Bring your special talents to take this business to the next level. Price $130,000 Sales $268,587...
July 9, 2014
Launch of New Facebook Page
Quorum Business Advisors, LLC has just launched a new Facebook page. Please visit us at the link below and of course like our page but only if you like it. https://www.facebook.com/jacksonvillebusinessbroker Quorum Business Advisors, LLC ...
July 8, 2014
Tips for Selling your Business
I am often asked by business owners “when should I start preparing to sell my business”. The startling answer is from the first moment you own it. The day you open the doors on your business is the day you should begin planning your exit strategy. Here are eleven tips for selling your business. Profitability – It may seem redundant...
July 7, 2014
Multiple of Earnings – Business Valuation Method
In an earlier post I dealt with EBITDA a formula for determining the earnings of a business. Once we have determined the EBITDA or true cash flow of a business the next step to determining its value is to apply a Multiple of Earnings. We can find this value in a number of places. A first stop would be to...
July 6, 2014
Pricing a Business – the role of EBITDA
When engaged in pricing a business for sale we are concerned with two important numbers. EBITDA (Earnings before Interest, Tax, Depreciation, and Amortization). This figure represents the real cash flow of the business. We also will obtain a factor to multiply the EBITDA by in order to estimate the correct price range. This factor is call a “Multiple of Earnings”...July 4, 2014
Convenience Store
Annual Sales $360,000 – Owner Benefit $60,000 – Price $80K Neighborhood Convenience Store with great low lease payment. Located on busy street in established neighborhood. Easy to operate with minimum expenses and good profit. Owner willing to consider some seller financing for the right buyer. Two weeks training provided free of charge. Inventory of $15,000 included in the price. Confidentiality...
July 1, 2014
Day Care for Sale
Day Care for Sale! Well-established pre-school and daycare center including real estate. Centrally located and licensed for 125. The center has extra space upstairs not being currently utilized. Director and key employees in place. Current owner is Absentee. The Real estate is included in the sale along with two transportation vans. Property loan may be assumed. Excellent opportunity for active...
July 1, 2014
Motorcycle Shop Daytona
Motorcycle Shop Daytona for Sale. Service, parts and customization business in the heart of motorcycle country. A destination for the best motorcycle customization and service for 7 years, with several of its motorcycles featured on the cover of national magazines. Great location with frontage and signage on high traffic highway. Beautiful showroom, spotless service area, ample parking, and fenced storage....July 1, 2014
Land near Jacksonville Jaguars Stadium
Bulk Sale of 16 lots (1.5 acres total) surrounding Jacksonville NFL Football Stadium and Jacksonville Memorial Coliseum. Currently used for event parking the lots generate cash flow but are best considered an investment opportunity. Call for price! High level of interest so call today before it is gone! Contact US...
July 1, 2014
Gas Station for Sale $59,900
Gas Station for Sale in Jacksonville, Florida. Inventory Included. Bring all offers!! Cozy family run gas station and convenience store in established neighborhood. Owner is ready to retire and pass on the torch. Income could be increased by extending operating hours. Tanks recently replaced. Real Estate is available for sale or can be leased. Lease rate of $1800 included in...
July 1, 2014
Launch of 904broker.com
Anthony John Rigney PA is proud to announce the launch of his new website at www.904broker.com This new website was designed with the assistance of Mayo Media. Please visit our site where you can learn about the process of buying a business or selling a business. We also have a Multiple Listing Service with the ability to search over 4,000...
June 30, 2014
Appliance Store for Sale
Appliance Store for Sale in Jacksonville Florida Gross Sales $545,898 – Owner Benefit $245,934 – Price $250,000 – $150,000 down Appliance Sales and Repair. Highly lucrative business specializing in selling pre-owned reconditioned appliances. High profit margin – cash cow! Seller to include approximately $100,000 in inventory and offering generous owner financing. Just added second store and line of new Mattresses...