Serving Tampa Bay & West Coast Florida
You want the best and the most competent Agents handling your transaction.
Our Tampa Bay Agents are trained in evaluating, marketing and negotiating the best possible deal for Clients. We represent you, the Seller, as our Client, and your best interests are paramount.
Suncoast Business Brokers is one of the most experienced Business Broker offices in the Southeastern US. All our Agents and Brokers are licensed by the State of Florida DBPR, members of the Business Brokers of Florida Association and the International Business Brokers Association. All these agencies and organizations require professional standards and practices through regulation, training and seminars. Suncoast provides our staff with ongoing training to meet the changing needs of the business environment.
Confidentiality is the cornerstone of our industry. During the entire process of representing your business, complete confidentiality will be maintained. Eliminating exposure of the sale to employees, vendors, competitors and others is paramount in preventing irreparable damage to your company. Our Brokers are trained in confidential procedures including required confidentiality/disclosure agreements for all potential buyers. Protecting the integrity of your company is one of the most important factors in hiring a Broker.
A business evaluation uses available databases to compare similar sold businesses and what is currently being offered on the market to arrive at an approximate selling price. However, every business is unique, and it takes more than just the statistics to arrive at the asking price. Our agents use their experience and depth of understanding of multiple factors to arrive at the Broker's Opinion of Value.
Evaluating your business for its “Market Value” is dependent upon many elements:
Our marketing process is tailored to your specific business, industry and location.
Some of the elements or our marketing include:
Our Brokers are constantly working, behind-the-scenes with their own network of buyers, including investors, corporate executives, and first- time potential business buyers. If you want to sell a Tampa Bay business - we're the ones to do it for you.
Having a Broker represent you during negotiations is critical. Having an intermediary takes a great deal of the emotion out of the process. Many offers can be complicated, involving issues other than merely price and terms. Financing, right- of- set off, transitions, non-compete agreements, and other contingencies can be complicated for the un-initiated. An experienced Broker can take you through this maze and negotiate a final outcome that will be satisfactory for you without losing the Buyer.
Due Diligence is the process of proving to the buyer that the operational accounting is accurate and as stated in the offering. This often involves reviewing tax returns, invoices, receipts, payroll ledgers and other confidential documentation. During this process, it is important to have a Broker guide you through the process to protect the integrity of the business. Disclosing too much or certain types of information may not be appropriate, while providing too little information may cause the buyer to walk away. We will work closely with your bookkeeper and accountants to provide the proper flow of information.
Many deals have been lost after the "Offer for Purchase" was signed by the Buyer and Tampa Bay Seller. Getting the deal to the closing table is often the most important job that we, as the Broker, provide to our Clients. Proper paper flow to the Closing Attorney, maintaining Buyer confidence, and confidentiality to your employees, is a delicate balance. Professional representation is critical during the all stages of the transaction.
Our firm works closely with several banks and financial institutions who are participating in the SBA 7(A) program to finance business acquisitions. Upon listing your business, we will automatically work with these lenders to obtain financing terms for your company. This will greatly increase the marketability, and number of buyers interested in the sale of your business, because we have established a down payment and financing terms. Understanding, that these terms are contingent upon the buyer's qualifications as well, in most instances, obtaining SBA financing can be the singular most important factor in selling your company.
Brokers get paid at the closing table. As a licensed Florida Real Estate Broker, we charge no up- front fees, nor do we charge for an initial market evaluation. All costs of marketing and representing your business during the listing period are at the Brokers' expense. Brokers do not get paid by a Seller until the transaction is finalized at the closing table.
Expertise in the fields of
Healthcare Companies, Marine Industry, Manufacturing, Distribution,
Hospitality and Service Businesses.
Leading southeastern United States in the sale of Medical Billing companies.
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