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Michael Shea

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Florida Business Comps: The Key to a Fair Deal for Buyers and Sellers

May 28, 2025 by Michael Shea PA

The Business Brokers of Florida (BBF) is the largest cooperative of business brokers in the state, and it maintains the most comprehensive and reliable database of closed business sales in Florida. This isn’t theoretical pricing—it’s real-world, verifiable data from actual completed transactions.

As a member of BBF, I have access to this exclusive database, and it allows me to pull “comps” (comparable sales) for any business category—from restaurants to medical practices to service companies and everything in between.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bbf, businessbroker, buyer, comps, seller, tampa, transworldbusinessadvisors

“Guarantees Are Guarantees”: Lessons from Tommy Boy for Business Sales

March 2, 2025 by Michael Shea PA

A good business agreement does what Tommy couldn’t: it provides substance. It spells out what “guaranteed” actually looks like—whether that’s a money-back clause, a service-level commitment, or a replacement policy. This clarity transforms a vague sales pitch into a concrete assurance, making the buyer feel secure enough to say yes.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bbf, businessbroker, businesssales, cepa, exitplanning, ibba, michaelshea, tommyboy, Transworld

How Businesses Are Sold Through the Business Brokers of Florida System

February 2, 2025 by Michael Shea PA

When selling a business in Tampa, working with an experienced business broker can make all the difference. One of the most effective tools in the business brokerage industry is the Business Brokers of Florida (BBF) system. This network streamlines the buying and selling process, ensuring confidentiality, exposure, and efficiency. What is the Business Brokers of […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bbf, michaelshea, sellingabusiness, tampa, tampabay, tampabusinessbroker

Interior Design Business For Sale with Full Staff and Team

July 11, 2024 by Michael Shea PA

Own a 20-year-old Interior Design and Furnishings business servicing the Sun Coast and greater South East’s most discerning clients. This professionally staffed business has a record of continuous growth, beautifully acquitted studio space, and workspace that affords efficient workflow while providing clients with an intimate environment to select furnishings and decorative pieces. Impeccable records, professional management, and a well-respected brand are just a few qualities that set this business apart from its peers.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: bbf, bizbuysell, businessforsale, ibba, interiordesign, realestate, sarasota, Transworld

Bridging the Gap: The Need for Efficient Business Marketplaces in Every State

August 10, 2023 by Michael Shea PA

Moreover, the absence of an efficient marketplace often translates into fewer businesses being sold altogether (less that 20% at present). With no streamlined process in place, potential buyers may be deterred by the convoluted procedures and lack of reliable information. Sellers, on the other hand, could find it increasingly difficult to attract serious buyers due to the absence of a centralized platform. As a result, the economic growth potential of the region remains untapped, inhibiting job creation, investment, and overall prosperity.

Filed Under: Uncategorized Tagged With: bbf, businessbrokersofflorida, cobrokering, consumers, entrepreneurs, marketplace, smallbusiness, tampa

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