No tax return, POS report, or seller interview would have revealed that discrepancy as clearly as physically observing the operation.
The old saying applies perfectly here:
Trust, but verify.
Central Florida's #1 Business Broker
No tax return, POS report, or seller interview would have revealed that discrepancy as clearly as physically observing the operation.
The old saying applies perfectly here:
Trust, but verify.
I’ve been selling businesses for more than 20 years, and I’ve seen just about everything.
When it comes to selling a restaurant in Florida, some mistakes show up again and again.
Generally, these businesses sell for approximately two times their annual cash flow, which often equates to roughly one year of total revenue.
The more qualified buyers you can put in front of a business, the better your chances of creating competition.
You’re hiring someone to help you navigate one of the biggest financial transactions of your life.