Should I Stay or Should I Go? Navigating Business Location Decisions in Tampa Bay by Michael Shea, Tampa Business Broker When you’re purchasing an existing business in Tampa Bay, one of the critical decisions you’ll face is whether to remain in the current leased space or move to a new location. It’s a decision […]
Buy a Business
Spring often evokes themes of renewal and growth, making it an appealing season for business owners in Tampa to explore selling their companies. In a city like Tampa, where tourism, real estate, and a dynamic small business landscape drive economic vitality, timing your sale with seasonal trends can significantly enhance its value. Yet, as with […]
Be observant of your surrounds. The Market is Speaking
DOOR RASH IS RIGHT ! A Morning Reflection: Walmart Gig Drivers and What They Tell Us About the Economy By Michael Shea, Business Broker This morning, I found myself at an early appointment, sipping a lukewarm coffee and waiting for my client to arrive. As I sat in the parking lot, I couldn’t help but […]
Anytime Fitness: A Deep Dive into Franchise Valuation Metrics
Anytime Fitness: A Deep Dive into Franchise Valuation Metrics Anytime Fitness, a globally recognized gym franchise, continues to make waves in the fitness industry. With over 2,466 locations worldwide and an ambitious plan to expand to all seven continents—including a groundbreaking gym in Antarctica—this franchise is a fascinating case study for business valuation. A […]
Most of the Time it is Bad Owners not bad businesses – There in lies an opportunity
Why Buying a Distressed or Failed Business Can Be a Smart Move By Michael Shea, Tampa Bay Business Broker When most people think of buying a business, they picture a thriving operation with steady cash flow and a pristine reputation. But as a seasoned business broker here in Tampa Bay, I’ve seen firsthand that some […]