Thankfully, Florida is unique in that established business brokerage firms cooperate with each other in selling businesses (much like residential Realtors). We are proud members of the Business Brokers of Florida association which uses a MLS system especially for Florida businesses for sale. That means no need to scour BizBuySell and the other business for sale websites — it’s all right here!
How To Choose The Right South Florida Business
If you want to enjoy the benefits listed above, you will have to be careful to choose the right business. This includes research to ensure that it is a well-run, profitable operation. However, there is more to finding the right business than operational efficiency and cash flow. If the business is not well-suited to your needs, a smooth-running system can quickly fall apart.
Your search should begin by asking questions to identify what types of businesses you would enjoy operating.
In what environment do you thrive? Do you prefer to work outdoors, perform calculations in an office, or whip up creative dishes in a kitchen? Most small businesses require long hours, so make sure you will be in an environment that is most natural for you.
How much contact with the public do you desire? All businesses require contact with customers, but some require a higher degree than others. If you prefer to work quietly and minimize interaction with people, a coffee shop or retail store should be crossed off of your list.
What skills and experience do you already possess? If you can find a business that is in a niche you are already familiar with, you will have the best chance of success. You don’t have to choose something that lines up with your current profession, but it should at least be an industry in which you are familiar with the terms and trends.
Contact us with the listing numbers of the ones which interest you. Be prepared to sign a Confidentiality / Non-Disclosure agreement and provide some indication of your financial ability to buy a business. For more information on preparing to buy a business, please contact us. Select at least one criteria below: