Florida is a large market with many potential business opportunities. Its economy is diverse, with major industries such as tourism, agriculture, and international trade. With a strong business-friendly climate, it's no wonder that many entrepreneurs choose Florida as the location to buy or sell their businesses.
Market Snapshot
We have aggregated data from business for sale listings in Florida to provide some context on the market for potential business buyers and sellers.
Number of Businesses for Sale
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~5700
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Median Asking Price
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$350,000
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Median Reported Revenue
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$610,000
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Median Reported Earnings
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$150,000
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Profit Margin
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25%
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Earnings Multiple
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2.3
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Revenue Multiple
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0.6
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Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
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Major Metro Areas
Most businesses selling in Florida are in one of its major metro areas:
How many businesses are for sale in Florida?
There are approximately 5,700 businesses currently listed for sale in Florida.
In which cities are most businesses listed for sale?
The highest number of businesses for sale are in:
Other notable cities include Sarasota, Fort Myers, Naples, West Palm Beach, and Boca Raton, each offering a range of opportunities for prospective buyers.
What types of businesses are for sale in Florida?
Popular sectors with businesses for sale include:
Smaller but significant numbers are also seen in other sectors such as Health Care & Fitness, Beauty, Manufacturing, and Technology.
What is the average asking price for businesses in Florida?
The median asking price for currently listed businesses is $350,000, which reflects a diverse market of business sizes and industries.
What is the average revenue of these businesses?
Businesses for sale typically report a median revenue of $610,000, though actual figures will vary greatly depending on the type and scale of the business.
What is the average seller discretionary earnings?
Median reported earnings for businesses on the market stand at $150,000, which can provide potential buyers with an indication of profitability.
What are the average valuation multiples?
Currently, the earnings multiple is around 2.3 times, and the revenue multiple is approximately 0.6 times the asking price. These multiples offer insight into the valuation approaches applied within the Florida business market.
How can Florida business owners sell their own businesses?
While business owners can list their business and manage the sale on their own, particularly if the value is under $100,000 or they already have a buyer, it's often worth the cost to hire a business broker. Brokers bring expertise in pricing, marketing, and negotiating, significantly improving the chances of a successful sale.