Florida Business Broker in Sarasota & Bradenton

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LAWN MAINTENANCE BUSINESS FOR SALE (SARASOTA COUNTY, FL)

Asking Price: $300,000 Gross Income: $497,971 Cash Flow: $132,925 FF&E: $315,000 Employees: 7 Real Estate: N/A Franchise: Yes Established: 2006 Property ID Number: BBF-8981-00535 Business Description: Local Lawn Care Experts in Sarasota For 17 years, this landscape maintenance company has been dedicated to serving the Sarasota area. Leveraging their specialized expertise, extensive experience, and professional equipment, they consistently deliver reliable results to meet clients’ needs. Their seasoned team is recognized as experts in comprehending the advantages and challenges posed by Sarasota’s climate and soil. This knowledge empowers them to design and maintain outdoor spaces that remain lush, attractive, and enjoyable year-round. The team’s genuine care for their work and its execution underscores their commitment to providing services that are reliable, efficient, and budget-friendly. From fertilization and pesticide treatments to outdoor lighting and landscape design, they offer a comprehensive range of services to fulfill diverse client needs. Detailed InformationFurniture, Fixtures, & Equipment (FF&E): Included in asking price. Facilities: This is a home based business.Growth and Expansion: There is continued growth in this business from year to year. Support & Training: The owner will assist the buyer during a thirty-day transition after closing of the transaction to ensure continued success.Reason for Selling: Other Business Interest. Facebook Twitter Linkedin See All Featured Businesses

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SOD INSTALLATION BUSINESS FOR SALE (SARASOTA COUNTY, FL)

Asking Price: $649,000 Gross Income: $1,944,706 Cash Flow: $218,271 FF&E: $500,000 Inventory: N/A Employees: 12 Real Estate: Leased Established: 2018  This Listing is no longer available Business Description: Profitable Business with Growth Opportunities This sod installation business has built a stellar reputation over the years for delivering top-tier landscaping solutions. The business provides comprehensive sod installation services, including the delivery, removal of existing lawns, meticulous installation, and thorough rolling. The business offers a diverse range of sod varieties, including Bahia, Bermuda, St. Augustine, Palmetto, and more. This extensive selection allows clients to choose the perfect turf for their needs. While primarily serving clients in Charlotte, Lee, and Sarasota counties, this business also attracts customers from surrounding areas. There is significant potential for expansion into other regions of Florida. Detailed InformationFurniture, Fixtures, & Equipment (FF&E): Included in asking price.Growth & Expansion: Investment in both commercial and residential landscaping is on the rise in the Southwest Florida market, positioning this business exceptionally well to capitalize on current and future growth opportunities.Support & Training: Seller will provide 30 days’ training at no cost to Buyer.Reason for Selling: Other business interests. Facebook Twitter Linkedin See All Featured Businesses

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POOL CONSTRUCTION BUSINESS FOR SALE (SOUTHWEST, FL)

Asking Price: $5,250,000 Gross Income: $13,773,628 Cash Flow: $2,357,670 FF&E: $500,000 Inventory: $230,920 Employees: 37 Real Estate: Owned Lease Expiration: N/A  Business Reference Number: BBF-8981-00520  Business Description: Highly Profitable Pool Construction Business with Substantial Growth Opportunities This swimming pool construction business has been in business for over 40 years and has built a solid reputation over the years, earning the trust of a loyal customer base and garnering positive reviews from satisfied clients. A team of experienced and skilled professionals, including pool designers, builders, and maintenance experts, ensures top-quality workmanship and customer satisfaction. They provide design and consultancy services that ensure each client receives a customized approach that aligns to their individuality and their property’s unique characteristics, providing exceptional swimming pool solutions from design through completion. This business is in a prime position to take advantage of huge growth opportunities in one of the fastest-growing areas within Florida, and in the nation. A key employee holds a Certified Pool Contractor license (CPC). Real estate is available to purchase. Interested parties will be required to sign a Non-Disclosure Agreement and complete a Personal Financial Statement before receiving any information about this business opportunity. Detailed InformationFurniture, Fixtures, & Equipment (FF&E): Included in asking price.Facilities:Warehouse, storage and office space is owned by the business and available to purchase. The business also has a separate location that is used as additional storage for vehicles and available to purchase along with the office building.Growth and Expansion: The business currently boasts a robust backlog of orders, within one of the fastest-growing regions in both the nation and within the state of Florida. Additionally, there’s an opportunity for buyers to expand their services into pool servicing for existing swimming pools.Support & Training: Seller will provide 30 days training, additional training with seller may be negotiable. Reason for Selling: Retirement. Facebook Twitter Linkedin See All Featured Businesses

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FLORIDA TOPS LIST FOR MOST BUSINESSES SOLD ON BIZBUYSELL

   Florida topped BizBuySell’s list of most businesses sold for the fifth consecutive year, selling 1,619 businesses, 37% more than California in second place. Florida’s three major metro areas accounting for the majority of businesses sold in the state were the Tampa Bay Area with 413 business sales, Miami-Fort Lauderdale with 392 business sales, and Orlando with 194 business sales. The top three selling industries in Florida were food and restaurant businesses with 386 sales, service businesses with 210 sales, and transportation and storage businesses with 195 sales. Additionally, Florida sold more online and technology businesses on BizBuySell than any other state in 2022 with 154 sales. According to Forbes magazine, Tampa Bay ranks first for emerging technology hubs, as proven by the fact that more technology (primarily e-commerce) businesses were sold here than in all of California, where only 23 businesses were sold. The “Silver Tsunami” of retiring Baby Boomers is expected to drive sales growth for small businesses in 2023 and beyond, particularly in Florida, since that is where money goes to retire. The state’s favorable tax treatment, strong economy, and warm weather may encourage some business owners to move to Florida prior to retirement. As a result, Florida’s business sales will continue to grow for many years to come. Source: BizBuySell

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FEDERAL RESERVE APPROVES 11TH INTEREST RATE INCREASE

In July, the Federal Reserve raised rates a quarter-percentage-point bringing the benchmark federal-funds rate between 5.25% and 5.5%. The Fed’s decision last month brought the interest rate to its highest level in 22 years, marking the 11th rate increase since March 2022. Jerome Powell, president of the Federal Reserve, indicated that it was too early to determine whether the hike would conclude a series of increases aimed at cooling the economy and lowering inflation. Powell has said ‘Inflation has repeatedly proved stronger than we and other forecasters have expected, and at some point that may change. We have to be ready to follow the data.”  Powell did not rule out another rate increase at the central bank’s September meeting, but he highlighted the amount of work the central bank had already accomplished, as well as the length of time it may take for monetary policy to cool inflation. While some Fed officials have proposed raising rates again at the September meeting, others support a longer pause as they believe the impact of the Fed’s rate hikes has not yet fully taken hold. With the Federal Reserve set to meet three more times this year, some officials are more likely to favor waiting until November or December to determine whether there should be another increase. Fed officials have been concerned that underlying price pressures may prove more persistent as a solid labor market allows workers to bargain for higher pay, making it harder to get inflation down further. It’s important for the Central Bank to continue to monitor how the economy performs over the coming months, since a slowdown in core inflation could create a new problem for the Federal Reserve if there is reason to believe the improvement will only last for a short period of time. Source: WSJ

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BABY BOOMERS RETIREMENT CREATES NEW BUSINESS OPPORTUNITIES

  Baby Boomers, those born between 1946 and 1964, account for a significant portion of the small business community in the United States and many are now approaching retirement age, with the last of the boomers reaching full retirement age in 2031. According to industry experts, a “Silver Tsunami” is expected to occur as these owners exit their businesses in waves offering more businesses for sale in 2023 and 2024. As many of these baby boomers look to plan their exit, and sell their business to enter retirement, this demographic shift will have the potential to open new avenues for business ownership.   According to the BizBuySell’s quarterly Insight Report 46% of surveyed buyers said that they would like to leave their current job to take control of their future, with an additional 13% of newly unemployed people saying the same. By acquiring well-established businesses, young entrepreneurs will be able to leverage the goodwill that baby boomers have built over the years and contribute to the local economy. The purchase of an existing business can reduce startup time, provide a built-in customer base, and enable lenders to evaluate the financial performance of the existing business.   In addition to offering young entrepreneurs the opportunity to purchase an established business, it also fosters in a new generation of investors. It’s important to keep in mind that not every baby boomer is heading for the exit; some choose to invest in new ventures for younger generations of entrepreneurs as an alternative to heading for retirement. As a large and influential generation, many continue to be actively involved in a meaningful way through mentorship and investments in small businesses. A new generation of business owners can benefit from their years of knowledge, skills, and expertise, setting them up for success in the world of small business. During the next few years, there will be many new opportunities created by the expected exodus of business owners, paving the way for the next generation of entrepreneurs. Source: BizBuySell / Transworld

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