THE INTELLIGENT CHOICE
FOR EVERY BUSINESS
WE GIVE YOU A FREE EVALUATION OF YOUR BUSINESS
WE ARE SERIOUS, PROFESSIONALS, WHO DELIVER RESULTS
Welcome to TRANSWORLD - Buy and Sell Your Business In Jacksonville, FL
Award winning business transfer intermediaries
Selling a Small Business Is Simple When You Have The Right Strategy, Best Business Broker, The Largest Business Broker Company In The World, And a True Desire. We currently have offices all over the USA, Dubai, the UK, Ireland, and New Zealand. All of them have Buyers waiting to buy.
What We Do
Julie Brigman has OVER 20 years’ experience as a small business owner; from exceedingly small, to over 10 million in sales. She has the expertise and training to facilitate stock sales as well as large Mergers and Acquisitions. She has owned Pet Stores, Furniture Stores, Janitorial Companies, Landscaping Companies, Telephone Companies, And Construction Companies. She Calls People Back; She Answers Her Phone.
Some of the more unusual businesses she brokered are; Commuter Airlines, A Wax Museum, And A Tourist Trolley Company.
10 years ago, the last Broker who sold her largest pet store invited her to help him sell other people's businesses. The rest is history; let her experience, and depth of knowledge help you to sell your business or invest in a new business. With her 20 years and Transworld’s 40 years she is unstoppable.
We Are Professionals
Business valuation is subjective;
I can help because I work with Buyers every day
3 Different Approaches to Business Valuations
- A multiple of earnings compared to like businesses (gross sales or owners benefit times an industry multiple).
- A capitalization of the net profit (Not Owners Benefit…you cannot capitalize owners benefit!) 20% to 50% or a simple multiple of owner benefit
- And if your business makes little or no money- Asset value is the only value. (Goodwill + Inventory + Equipment +etc.) Either sold as a whole or liquidated over time
Top Tips for Selling Your Business In Jacksonville, FL
We Produce Results!
We market on over 140 different Websites.
Confidentiality is, perhaps, the most critical issue for a business broker. Virtually every business seller does not want his employees, customers or vendors to know that his business is for sale. Transworld is very cognizant of this fact and in every step that we take we emphasize confidentiality.
There is a great deal of variation in the time frame, but, if we had to pick an average time, eight to nine months may be close. While this may sound like a long time, all of the facets of selling a company, including listing the business, finding buyers, interviewing buyers, writing contracts, due diligence and finally the closing process are all time consuming. That is not to say businesses have not closed in 30 days. Some do.
Transfer of the lease is crucial to the success of the transaction. It will be almost impossible to consummate a deal unless the lease can be transferred. Leases will have a clause that defines the landlord’s rights regarding transfer. Frequently the seller will be required to remain as a guarantor of the lease and often there may be a charge by the landlord for the transfer. Most leases are assumable but the Landlord must okay the new buyer.
Transworld has no upfront fees. We will analyze your company and go through the entire process with no cost to you. Your only obligation is when we find a buyer for your business. We traditionally receive our payment at closing.
The analysis of your business’ value or worth is another crucial function of the business intermediary. “The Market” makes the final determination of value. At Transworld, we have tremendous experience in valuing almost any business. Our estimates of value are not “certified business valuations” although we can provide this service for a fee. However, our experience and volume of comparable businesses allows us to give the business owner a very good estimate of value.
This can be handled in many ways. Often the property is sold as a separate listing. However, the company owner will frequently retain the property, obtain a long term lease and earn an ongoing cash flow stream. Also, the property can aid a buyer’s ability to finance the business.
Most small businesses are sold with the seller retaining cash and accounts receivable. A working level of inventory is generally granted to the new owner.
Most often, the company is sold free of all debt. This means that the former owner will be responsible for accounts payable as well as all long-term debt.
The lack of good business records is the single most common reason for a business sales deal to fall apart. We can’t emphasize enough the importance of maintaining good books and records before selling. This includes accurate financial statements, cash register receipts or whatever records are necessary to prove income and expenses. Of course, current tax returns are a must. We can and do sell businesses that may have less than adequate records, but the better the record keeping the higher the sales price of the business.
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Thank you very much for your interest in our company and our services and if you have any questions, please write us a message now!