By Michael Shea, Transworld Business Advisors of Tampa Bay As a business broker, I understand why sellers care deeply about one number: the asking price. After all, it’s the number that funds retirement, pays for the next venture, or allows the owner to finally step into the next chapter of life. But here’s the truth: […]
selling
What to Do When You Get an Unexpected Offer for Your Tampa Restaurant
By Michael Shea, Transworld Business Advisors of Tampa Bay You’re pouring coffee, checking inventory, and managing the lunch rush like any other day—when suddenly, you get an email or phone call: “Are you open to selling your restaurant?” It might come from a competitor, a private investor, or even a long-time employee. You weren’t planning […]
Why Am I Selling — and Is Now the Right Time?
The Business’s Health
Ironically, the best time to sell is when you don’t need to. A thriving, growing business is far more attractive to buyers than one on life support.
Is Seller Financing Right for Your Business Sale? Florida Risks & Regulations Explained
Michael Shea represents the Central Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 400 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
Lifestyle and Social Status: An Adjustment When Exiting Your Business
Own the Story
People will speculate about why you sold. Control the narrative: “I sold to pursue new passions,” beats “I was ready to quit.” Confidence breeds respect.