The cost of funds to buy a business is at a historically low not seen since the 1950’s and the amount of “dry powder” that private equity firms hold is at an all-time high. Now is a great time to get a Business Valuation done of your Florida company to know the market price for a controlled sale, transfer now to heirs or to research what steps you need to take to get the maximum post-tax dollars for the business you have spent many long years to build.
With LIBOR based monies as low as 2.9% and SBA 7a loans at 5.5%, potential buyers of your business have access to very inexpensive funds. In addition, top-line growth is very hard to come by so it makes sense for larger companies in your industry and Private Equity sponsored companies to grow sales and additional distribution channels through purchasing well-run, smaller competitors or synergistic fitting companies.
So for a relatively small investment of your monies and time, you can know the value of your business and have the solid information to move forward with your exit strategy. The information we need to get started is here in the Business Appraisal Checklist or call us at 561-325-9777.