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Biz4SaleUSA, Family Busines Intermediaries, is based in sunny, fast-growing JACKSONVILLE, FL at the confluence of the St. John's River and the Atlantic Ocean. Jacksonville is rated one of the top five US markets to operate a small business. Jacksonville is a great place to live a long, productive life, worship, work, study and enjoy year 'round golfing, tennis, sailing, boating, sportsfishing and sun bathing. Luxurious single family homes and condos are still affordable in Jacksonville, Orange Park, Jacksonville Beach, Neptune Beach, Atlantic Beach, Ponte Vedra Beach, and nearby St. Augustine and Fernandina Beach. If you prefer to live in another area of Florida, Biz4SaleUSA can show you businesses located in any Florida city. Simply go to our Latest Listings page and select FBBA STATEWIDE LISTINGS.. No Fees for Buyers / No up-front fees for Sellers Much like a lawyer
working on contingency case, Biz4saleUSA is paid only if it succeeds
in selling a business. |
Robert W. (Bob) Hatton
Family Business Intermediary
E-Mail: biz4saleusa@atlantic.net
Phone: 904-396-9800, Fax:
386-659-1131
Robert C. Conolly, Lic. R.E. Broker
SELLING A BUSINESS?
The process of selling a business can be a very productive and rewarding experience. Biz4saleUSA goes the extra mile to ensure that its clients reach their goals. The process starts with a preliminary, no-obligation meeting that is scheduled at the Seller's convenience and is usually at his place of business, but can be at the Biz4saleUSA Jacksonville office or offsite. General information is exchanged, so the Seller and Biz4saleUSA can become acquainted with each other and their respective businesses. A valuation is then performed to provide the Seller with a price range he can expect to receive for his company. Information required to analyze the Seller's company includes the following:
l. Three to five years of detailed and current financial statements, including income statements, balance sheets and income tax returns.
2. List of furniture, fixtures, equipment, inventory, trade names, patents and other assets to be transferred with the company.
3. Real property and equipment leases, etc.
4. Any other contractual relationships of the business.
5. Other information, which will affect company operations. The Seller and Biz4saleUSA work together in establishing the asking price and terms for the company.
A contractual agreement is entered into between the Seller and Biz4saleUSA giving Biz4saleUSA the right to market the company as the Seller's representative for a specific time period and under specified terms and conditions.
The Seller and Biz4saleUSA work together in developing a marketing plan unique to the business and a package to target prospective Buyers. Biz4saleUSA then implements their marketing plan.
The Seller is responsible for maintain or improving the value of the company by attending to daily operations. He is also responsible for proving updated and/or additional information required by buyers.
Biz4saleuUSA schedules all showings, conducts negotiations on behalf of the Seller, provides contract forms, coordinates professional advisors, helps to satisfy contingencies and supervises the closing. At the closing, the Seller receives his check and can finally relax before thinking about his/her next project.
Please contact us with any
questions
about your business needs.
Copyright 2002 Biz4saleUSA
Web Hosting &
Programming by Johnson
July 10, 2002, Orange Park FL. Professor Michael
Cicora, PhD, MBA and family business owner, will conduct a series of workshops
focusing on developing succession plans and exit strategies.
Click here FFBI if you would like to receive more information.
WARNING To Buyers!
It is in your best interests to use a “deal-friendly” Offer for Purchase Contract when making an offer to buy a business. The Standard Offer for Purchase Contract used by Biz4saleUSA contains important contingencies that return your earnest money deposit if due diligence proves unsatisfactory and you are unable to obtain necessary financing.
Third-party valuations
Business valuations or appraisals give the seller
the appraiser’s best estimate of what a business should sell for
in today’s market. The cost of business evaluations typically
ranges from about $1,500 for a small business to over $5,000 for a more
extensive in-depth 50-page report.
Biz4saleUSA will put you in touch with several licensed appraisers specializing
in Florida small business valuations.
“Pre-qualified” Buyers
It is crucial that business buyers get pre-qualified for financing before a deal just like in getting financing lined up before buying a home the same should be done before buying a business. Biz4SaleUSA will help you make all the arrangements for your pre-qualification.