Due to demographic and generational changes at work in the sunshine state, statistics show there is no better time to explore selling a business in Florida.
In Florida and elsewhere, market gyrations make selling a business ideal. Deals are happening and financially sound businesses are being snapped up. The selling climate is as a hot as a steamy summer day.
The selling fever has something to do with Baby Boomers who are looking to exit the stage into retirement. Statistics support this generational change:
The sunshine state is home to beautiful weather and fast growth, ideal conditions for selling a business in Florida.
Boomers are already heavily concentrated in the state and doing deals, as the numbers show:
Now that you see the timing is propitious, what do the exit planning scenarios look like?
There a few options.
The last option is the best to maximize the benefit of what you have built over a lifetime. Yet, according to national statistics, only 20% of all businesses for sale in the United States actually sell.
With this statistic in mind, we suggest you consult with a business broker to facilitate the sale of your business in Florida.
The Brokers at Truforte Business Group has been confidentially selling Florida businesses from $25K to $25M for well over 25 years. Fill out the contact form below if you would like to speak to one of our advisors about selling a business in Florida.