Businesses For Sale in Fort Lauderdale, FL

The Fort Lauderdale area is known for its thriving tourism sector, bolstered by beautiful beaches and a bustling cruise port. Additionally, it's a hub for technology startups and health services, reflecting a diverse economy. If you're considering buying or selling a business in Fort Lauderdale, you may have some questions. Here are some frequently asked questions to help guide you through the local business market.

Market Snapshot

We've aggregated and analyzed data from business for sale listings in Fort Lauderdale in order to provide some context around the number and types of businesses that are for sale. The business-for-sale marketplace is dynamic, so numbers will fluctuate. This data is intended to give you a general idea of the types of businesses, price ranges, and financial performance you can expect.

How many businesses are for sale in Fort Lauderdale, FL?

Currently, there are approximately 250 businesses listed for sale in Fort Lauderdale, FL. It's worth noting that some of these listings may be 'blindly' listed, to maintain confidentiality, and may require a broader search that includes the Miami-Fort Lauderdale metro area or Broward County to uncover more businesses for sale.

What types of businesses are for sale in Fort Lauderdale?

The most common types of businesses for sale in Fort Lauderdale include:

• Food and Restaurants: ~50 listings
• Service Businesses: ~40 listings
• Building and Construction: ~30 listings
• Retail: ~20 listings
• Manufacturing: ~20 listings
• Health Care and Fitness: ~20 listings

Additionally, the Fort Lauderdale market also presents opportunities in Automotive and Boat, Beauty and Personal Care, Transportation and Storage, Online and Technology, Wholesale & Distribution, and Financial Services industries, each with approximately 10 listings available. 

What is the average asking price for businesses in Fort Lauderdale?

The median asking price for businesses for sale in Fort Lauderdale is approximately $370,000. However, this can vary significantly based on the industry, size, and financial performance of the business.

What is the average revenue of these businesses?

Based on the listings, the median reported revenue for these businesses is about $660,000.

What is the average seller discretionary earnings?

The median reported earnings for business sellers in Fort Lauderdale is around $150,000, with a profit margin of approximately 23%.

What are the average valuation multiples in Fort Lauderdale's business sales market?

The average earnings multiple (asking) is at 2.5 times, and the revenue multiple (asking) is at 0.6 times. However, these multiples can vary greatly depending on the industry and financial performance of the business. It's essential to thoroughly research and understand the market and industry dynamics when valuing a business in Fort Lauderdale.

How Can Fort Lauderdale business owners sell their own businesses?

Most business owners opt to work with a business broker to facilitate the sale process. However, some business owners choose to list and manage the sale independently, navigating the process on their own.