Selling a business in Florida

Florida businesses reach us constantly, particularly from owners in South Florida who have run a service company for decades and are deciding what comes next. We review established operations with real customers and real earnings, and we buy directly rather than listing.

Written and reviewed by Antoine Campbell. Last reviewed .

What we review here

  • Air conditioning and mechanical service, where demand is year-round
  • Marine, industrial and equipment service businesses
  • Logistics and distribution serving the ports and the tri-county corridor
  • Property services tied to a large multifamily and commercial base
  • Operations with owned warehouse, flex or yard space

Florida-specific items in a transaction

Insurance is the single largest swing factor on Florida property. A building with an old roof can be uninsurable at a price the income supports, and that shows up in underwriting long before it shows up in a purchase agreement.

  • Property insurance cost and availability, which materially affects the property leg
  • Wind mitigation and roof age on any owned commercial building
  • Contractor licensing through the Florida Department of Business and Professional Regulation
  • Seasonality in markets with a large seasonal population
  • Documentary stamp tax on deeds and notes at closing

A note on presence

Maurant Ventures acquires businesses throughout the United States. Listing a market here means we actively review opportunities there. It is not a claim of a local office.

What Maurant needs to evaluate this

  • Three years of tax returns and current financials
  • Current property insurance policy and premium history
  • Roof age and any wind mitigation report
  • Licensing status and qualifying individual
  • Customer concentration and seasonality

When Maurant is not the right buyer

  • Property that cannot be insured at a cost the income supports
  • Restaurants and hospitality food service

Questions owners ask

Does insurance really change the price?
On Florida property, frequently. It is an operating cost that the lender underwrites directly.
Do you review businesses outside South Florida?
Yes, across the state and nationally.

Sources

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This review is exploratory and does not promise a valuation, financing, offer, or closing.

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