Latest BizBuySell.com Report

Latest BizBuySell.com Report on the Business-for-Sale Marketplace Suggests Continued Market Improvement

Good report from BizBuySell.com just in. Excerpt below.  Click here to read the full report.

An eight percent year-over-year increase in closed business-for-sale transactions in Q2 2011 suggests a latent supply of profitable businesses coming to the market.

San Francisco, CA – July 1, 2011 – BizBuySell.com, the Internet’s largest marketplace for buying or selling a small business, today released its Second Quarter 2011 Insight Report on business succession trends. The report, which aggregates business-for-sale transaction data provided by participating business brokers, shows continued improvement in business succession activity, as closed transactions increased eight percent from 1,106 in Q2 of 2010 to 1,198 in Q2 of 2011.

Jessica Hadler of ABG , Featured Business Owner for National AmEx Advertising Campaign

Look for signs of Jessica Hadler of ABG in your mailbox!  Jessica recently participated in a photo shoot as a featured business owner for American Express’s national advertising campaign for Small Business.  Shot over two days in Atlanta, Jessica and a colleague had the opportunity to meet three other featured owners participating in the campaign which was designed to cross-promote select small businesses in America and their larger travel partners, Hertz Car Rental and AirTran Airlines.  The campaign will be featured in direct mail, online and AmEx’s email campaign to hundreds of thousands of card members.

Structural Engineering Firm – $975K

Tired of looking at businesses with terrible financials? This company employs an in-house bookkeeper on a full-time basis.

Ideal for a buyer with prior sales, executive, engineering or local government contracts experience.

Company performs structural & threshold inspections, forensic engineering and construction materials testing. Sale part of an estate plan/exit strategy.  Owner would like to remain on board as engineer, and has brought on a new team member who can manage the company or operate as VP for a new owner.

Contracts in place with major parks and school boards.  Excellent track record with colleges, universities and local government.

Tired of looking at businesses with terrible financials?  This company employs an in-house bookkeeper on a full-time basis.

$975K.  CLICK FOR MORE INFO or call Jessica at 407-367-0100

Buying and Selling Businesses in Orlando

The Orlando Business Journal

Friday, October 9th

If you want to buy a business in Orlando, the current asking price is about $195,000.

One year ago, at the end of third-quarter 2008, the median asking price for businesses in Orlando was $199,000.

The third-quarter 2009 data is based on 845 Orlando-area businesses listed at BizBuySell.com. It includes listings from local business brokers, as well as “for sale by owner” listings.

Looking ahead, the fourth quarter and first-quarter 2010 are forecast to show robust growth in the business-for-sale marketplace.

Businesses in the Orlando area listed in third-quarter 2009 had a median revenue of $330,000, down from $337,000 for the same ­period last year.

Nationally, the business-for-sale marketplace seems to have hit bottom and is turning around. BizBuySell saw a 24 percent drop in closed business-for-sale transactions. That’s an improvement from last quarter when closed transactions declined 50 percent year over year.

The BizBuySell data suggests sellers are dropping their prices, leading to greater alignment between sellers and buyers. The median price for closed transactions, for example, declined to $149,000 from $189,500 year over year. Similar downward trends were being seen in asking prices, sale-to-ask ratios, revenue multiples and cash ­flow multiples.

Looking ahead, the fourth quarter and first-quarter 2010 are forecast to show robust growth in the business-for-sale marketplace. Factors behind that optimism: Easing credit, recovering business fundamentals and a change in the Small Business Administration lending criteria with respect to goodwill.

ABG Founder Interviewed for MediaPost News

In the relatively new age of Internet marketing, business owners often struggle to keep up with ever-advancing social media sites and forums. If an increasing number of people turn to the Internet to find the products and services they need, how should business owners better ensure that their companies get the exposure they need?

Laurie Sullivan of MediaPost News spoke to American Business Group, LLC president, Jessica Hadler, to hear how she not only promotes her business brokerage with social media, but also uses these sources to gain information and insight into many of the different industries she serves.

Read the article here.

Selling Your Business? Why You Should Hire a Business Broker

Any business owner who has sold a business on his of her own will tell you it’s a long, tedious and stressful process.  It consumes time and distracts you from the day to day operation of the business.  When your focus should be on maintaining or increasing the value of your business, all of your time and energy is directed to the sale process.

That’s where an experienced business broker can pay huge dividends.  There are many areas where the business broker expertise pays off:

  • Confidentiality. If you as an owner attempting to sell your own business, that process alone reveals that the business is up for sale.  Employees, customers, suppliers and bankers all get nervous and competitors look to make a kill.  A business broker will protect the identity of the company and contact only owner approved buyers through a blind profile – a document describing the company without revealing its identity.

  • Business Continuity. Selling a business is time-consuming for an owner who already is probably wearing many hats for the company.  By taking on the additional load of selling the business, essential functions will get less attention and possibly damage to the business. The owner can maintain a focus on running the business when a broker is working on the sale.

  • Reaching potential buyers. Business brokers have the tools and resources to reach the largest possible base of buyers. They then screen these potential buyers for revenue that would support the potential acquisition.

  • Marketing. A business broker can help present your company in the best light to maximize the sale price.  He or she has an understanding of the key values that buyers are looking for and can assist in identifying changes that can lead to a better selling price.

  • Valuing your Business. Putting a value on a business is far more difficult and complex than valuing a house.  Every business is different, with hundreds of variables that have an impact on the value. Business brokers have access to business transaction databases that can be used as guidelines or reference points. But the best way for a business owner to truly feel comfortable that he got the best deal is to have several financially viable parties bidding for his business, which is much more likely using the resources of a professional business broker.
  • Balance of Experience. Most corporate buyers have acquired multiple businesses while sellers usually have only one sale.  An experience business broker can level the playing field for a business owner making his one and only business sale.

  • Closing a Deal. Since the business broker’s sole function is to sell the business, there’s a much better chance that a deal will be closed in less time.  The faster the sale, the lower the risk of employee problems, customer defection and predatory competition.

Utilizing the services of an experienced, professional business broker allows the owner to focus on running the business reducing the risk of business erosion during the sale process.  A sale facilitated by a business broker helps maximize sales proceeds by involving a large universe of buyers in a confidential, competitive bidding process.

New! Carpet & Tile Shop in Orlando

Carpet & Tile shop in growing neighborhood minutes from Downtown Orlando. Easy roadway access, including I-4 and 408. New luxury residences being built close by. Competitors are closing down due to market conditions — this shop is still growing. Owners do custom orders of tile, carpet & hardwood floors and complete installation in-house. Call today to schedule a showing.

                 

 

Call Jessica Hadler, licensed real estate broker. 407-770-8373 or jessica @ americanbusinessgroup . com

Portrait Studio For Sale

32-year-old portrait studio for sale in North Orlando area.  Original owners are ready to retire and a new owner will enjoy excellent records, great income & a strong and loyal customer base.  Ideal for owner-operator(s) who enjoy photography.

$120,000

Call Jessica Hadler today at 407-770-8373 for more information.