Most service businesses in the Tampa Bay area are valued using a multiple of Seller’s Discretionary Earnings (SDE) or EBITDA — earnings before interest, taxes, depreciation, and amortization. Here’s a simplified breakdown of what drives value:
Service
Service
How Long Does It Take to Sell a Business in Tampa?
The buyer’s ability to get financing is often the most time-consuming part. In today’s rising interest rate environment, SBA loans take time to underwrite. Having a broker who understands the SBA process—and can help package the deal—is crucial.
Boosting Your Business Value in Tampa Bay: Tips from Tampa Business Broker Michael Shea
Quality drives customer loyalty. Investing in high-quality products or services ensures customers return and recommend your business to others. Tampa Business Broker clients who prioritize quality often see significant increases in revenue and long-term success.
Can You Sell A Service Business?
Over the years I have repeatedly heard from owners that their businesses were not worth anything because they didn’t own land or there were little to no assets. I shudder to think of the amount of money left on the table because an owner didn’t understand what their business was worth. The service economy is a huge component […]