Friday, December 23, 2016

SHOULD YOU BECOME A BUSINESS OWNER?

While being a business owner may in the end not be for everyone, there is no denying the great rewards that come to business owners.  So should you buy a business of your own?  Let’s take a moment and outline the diverse benefits of owning a business and help you decide whether or not this path is right for you.

Do You Want More Control?

A key reason that so many business savvy people opt for owning a business is that it offers a high level of control.  In particular, business owners are in control of their own destiny.  If you have ever wished that you had more control over your life and decisions, then owning a business or franchise may be for you.

Owning a business allows you to chart your own course.  You can hire employees to reduce your workload once the business is successful and, in the process, free up time to spend doing whatever you like.  This is something that you can never hope to achieve working for someone else; after all, you can’t outsource a job.

Keep in mind that when you own a business or franchise, you never have to worry about being downsized or having your job outsourced.  You also don’t have to worry about asking for a raise.  No doubt business owners do have to contend with market forces and unexpected turns.  But even considering those factors, business owners clearly enjoy a greater level of control over their destiny.

Are You Willing to Forgo Benefits?

As an employee, you’ll usually be able to count on a regular income and even allowances for sick days and vacation days.  However, business owners lose money if they are sick or take a vacation.  Plus, they won’t necessary have the steady salary that employees receive as they could see their income vary from one month to the next.

Do You Want to Grow Your Income?

Business owners have the potential to grow their income and take a range of proactive steps that lead to income growth.  As an employee, your fate is far different.  Employees usually exercise either minimal or no control over the course of a business and have no say in key decisions that impact its growth and stability.  Being a business owner by contrast allows you to seize that control.

The amount of income made by business owners varies widely depending on everything from the industry to the region.  But statistics show that the longer you own your business the more you’ll make.  In fact, those who have owned their businesses for greater than 10 years tend to earn upwards of 6 figures per year.

One of the best ways to determine whether or not being a business owner is right for you is to work with a business broker.  A broker understands everything that goes into owning a business and can help you determine whether or not you have the mindset to set out on the path towards business ownership.

http://procisionbb.com

Wednesday, December 14, 2016

Profitable Frozen Yogurt and Custard Store for Sale Gloucester County, NJ

Want to own your own business AND take the winter / holidays off? This is your chance!

This Seasonal Frozen Yogurt and Custard Franchise offers a buyer the exciting opportunity to own a Turnkey Seasonal Business that is profitable and easy to run. Located adjacent to multiple businesses that produce significant foot traffic and ideally positioned on a highly traveled thoroughfare, the business enjoys excellent exposure and visibility. Product offerings include such tasty delights as frozen yogurt, frozen custard, milkshakes, waffle bowls, ice cream sandwiches, a multitude of sundae toppings and several health conscious options. With hours that range from lunch time to late night, the shop serves the local and neighboring communities seven days per week. In addition to hosting various parties, it supports an assortment of community organizations including numerous little leagues, cheerleading teams, local schools and a performing arts venue with events and fundraising opportunities on-site.

As an established Franchise, the business utilizes a well defined supply line that assures simple and consistent product offerings. Franchise support is available to a prospective Franchisee, including comprehensive training, expertise and assistance. Additionally, the Franchisor provides a unique and flexible platform that encourages the development of additional lines of revenue. All the procedures, staffing and business structure are in place and ready for a smooth ownership transition. Prior experience is not required.

Highlights of the Business are as follows:

  • Turnkey Opportunity – no experience necessary
  • Lease – long term lease in place with advantageous rental rate
  • Facility – 1,900 sf end-cap unit with seating for 38
  • FFE – extensive build-out and equipment in place – over $300K invested
  • Exclusive franchise territory with limited outside competition
  • Visibility – Excellent exposure on a well-traveled road and end cap position
Note: Buyer must be approved by Franchisor, pay a Franchise Transfer Fee and participate in the Franchisor Training Program as a condition of the sale.


Includes: All furniture, fixtures, equipment and goodwill

PRICE – $110,000

Tuesday, December 6, 2016

INVESTMENT SALES ENTREPRENEUR OPPORTUNITY Seeking an Entrepreneur to Join our Team!

SEEKING AN EXCITING AND REWARDING CAREER RATHER THAN JUST A JOB?

Interested in Investment Sales?  Are you a self-starter and willing to learn?  Do you have an outgoing and confident personality?  Are you looking for an exciting opportunity for growth and development?

Procision Business Brokers and Commercial Realty is seeking a new Associate Team Member to join our Advising Team.  The ideal candidate will possess excellent character and the highest level of integrity in all that they do.  They will be results oriented, exhibit a consistent sense of urgency and desire to reach new heights both personally and in their future career.  If you are results driven, self-motivated and have a track record of success, this is an excellent opportunity.  Work on listings from day one and expand your knowledge and capabilities in the process!

REAL ESTATE LICENSE OR WILLINGNESS TO IMMEDIATELY OBTAIN SUCH LICENSE IS REQUIRED.

Company

Procision Business Brokers and Commercial Realty is a Business Advisory Group that provides Comprehensive Solutions for the needs of Business Owners, Investors, Landlords and Tenants in the Greater Philadelphia and Southern New Jersey Region. We are dedicated to the aggressive growth of our services and value collaboration, development and continuous improvement as a team.  Procision's unwavering Mission is to function as a Trusted Business Advisor and create superior value for our Clients.
This is an excellent opportunity for a candidate that is looking to gain valuable skills and exposure in the business world and do so in an exciting entrepreneurial environment!

If you feel that you are a good match, please reply with your contact information and resume.

http://procisionbb.com/investment-sales-entrepreneur-opportunity-seeking-entrepreneur-join-team/

Wednesday, November 23, 2016

Avoiding Legal Mistakes When Selling Your Business

A common mistake that many make when preparing to buy or sell a business is to overlook all the various legal issues involved. A legal mistake can bring the entire process to a screeching halt or even worse case cost you a small fortune. For this reason, it is important to carefully evaluate the full slate of relevant legalities. This article will explore some of the key legal points one need to consider long before placing your business on the market.





Mistake #1 Neglecting to Have a Non-Disclosue Agreement

Having potential buyers sign a Non-Disclosure Agreement, or NDA, is critically important when selling your business. One benefit to having this agreement signed and sealed is that in the event that the deal falls through, which often happens, the buyer can't disclose the details to other parties. However, if you don't have an NDA, the buyer could reveal important aspects of your discussions. This could impact any future sales.

Mistake #2 Failing to Get an Experienced Attorney

There are times to cut corners, and then there are times when cutting corners or trying to save a dollar is a big mistake. Prepping to sell your business is one of those occasions where investing in good and proven counsel is a must. A good attorney can give you a range of legal moves you should and should not make.

Additionally, hiring an attorney with an established experience is just what you need to create ironclad agreements. Sellers have an array of risks that they must face when selling a business. For example, the seller needs protection from a potential buyer hiring away key employees. Without ironclad agreements and a tight NDA, a buyer could pass on buying the business, yet “steal” employees or weaken business in other ways.

Mistake #3 Skipping the Letter of Intent

Another legal way to protect your interests comes in the form of a letter of intent. This letter should be one of your key tools in negotiating the deal. Included in this letter should be a termination fee for the buyer. This applies in the event that the buyer walks away for a reason that is not the seller's fault. Inclusion of this clause means that the seller is far less impacted if the deal does not go through as planned. Further, this clause goes a long way in ensuring that only serious buyers are attracted.

Reap the Benefits of Ample Preparation

These are just a few of the many errors that sellers often make and regret later on. It is a worthwhile investment to take the legal aspects of selling your business seriously. If you prepare for the sale of your business, you will have a much more successful experience. That means you should work with a proven and competent attorney and business broker before you put your business on the market.

Sunday, November 6, 2016

5 Things to Consider When Transferring Your Business to Family Members

Letting go of a business isn't a process that one should jump into lightly, and that fact holds true even when it comes to your loved ones. Let's take a look at five of the most important factors to consider when selling or transferring a business to a family member.

#1 The All-Important Buy-Sell Agreement

One of the single most valuable tools available when it comes to selling your business is a buy-sell agreement. Simply stated, this essential document puts everything in writing. In situations such as a family owned business, people may be tempted to skip a contract, but that doesn't mean they should.
When transferring your business, you should have an expert created document in place that outlines the following:
  • The business valuation
  • Who is to be kept on the payroll and the amount he or she will receive
  • The amount being paid
  • What level of involvement you will have in the business once the transfer has taken place
#2 The Benefits of Gifting

Consider the option of gifting. Gifting can actually work to reduce your taxes on real estate, while at the same time it can allow you to maintain some level of control over the business.
#3 Seller Financing and Transferring the Family Business

Selling your business to a family member is, of course, another option. On occasion, sellers will consider a private annuity, which allows for payments to be spread out for a considerable time period, such as to the end of your life.

#4 The Self-Canceling Installment Note

Another option is to use an installment sale. If you are a selling parent and you happen to pass away before the payments have all been made for the sale, then the remaining debt may be attached to your will. This arrangement can keep your other children from paying excess income tax on your estate.

#5 Keep the IRS Happy

The fact of the matter is that the IRS does, in fact, look more closely into sales where the business is being sold to a family member. This reason alone is a good enough reason to professionally establish a real and accurate valuation of your business.
A business broker can help you work out the particulars as to how best to proceed when navigating the process of selling or transferring your business to a relative. With the right planning and preparation, selling or transferring your business to a relative doesn't have to be an overly difficult or cumbersome process. Work with a business broker and you'll find that the process can be smoother than you may have expected.

Friday, October 28, 2016

*Price Reduced* Cape May County Motel For Sale by Procision Business Brokers

MOTEL / LODGING FOR SALE IN CAPE MAY COUNTY

Location, Location, Location - The site offers high visibility and excellent exposure to both travelers and tourists alike. Situated on the corner of multiple north/south access roads and close to the Garden State Parkway, this Jersey Shore Business is uniquely positioned. Guests are centrally located and in close proximity to the Cape May Ferry, Cape May Zoo, Cold Spring Village and the southern barrier islands. Boasting a well-established reputation for value and cleanliness, this family-owned business has been proudly operating since the 1970's. With 34 pet-friendly units including motel rooms, efficiencies and 1 & 2 bedroom units, the year-round facility can accommodate various lodging requirements. There may be the potential for additional development - bring you Land Use expert to explore the possibilities!

Highlights of the Business and site are as follows

  • 34 Units - including some efficiencies and 1 & 2 bedroom units
  • Large Owner's unit - 2-story, 3 bedroom, 2.5 baths
  • Approximately 2 +/- acre corner lot
  • Excellent location - high traffic count & visibility
  • Open year round
  • Amenities include a swimming pool, picnic area, charcoal grills, Wifi and pet friendly rooms Motel / Hotel Zoning - potential for additional development on site

Includes: All furniture, fixtures, equipment and goodwill
PRICE REDUCED - $1,890,000

Disclaimer: The information provided in this listing has been provided by the Seller and Procision Business Brokers has not independently verified this information and has no responsibility for its accuracy or completeness. Procision Business Brokers recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Although Procision Business Brokers are glad to arrange a meeting between you, your representatives and the Seller, we are not authorized to make any representations or warranties. You agree to hold Procision Business Brokers and our associated brokers harmless of any misrepresentations made by seller.

MORE INFORMATION
http://procisionbb.com/motel-lodging-sale-cape-may-county/

Tuesday, October 25, 2016

Procision Commercial Realty - Warehouse for Sale Westville NJ


Warehouse for Sale – Situated on Route 45 in Westville and located within a
minute of Route 295 and Route 130, the site provides for excellent access to
the South Jersey and Greater Philadelphia Region. This well-maintained building
currently houses a well established Batting Cages and Training Facility, however
it can be utilized for various industrial, warehouse or showroom uses.

Building: +/- 10,500 Sf on 0.36 acres
Zoning: Commercial
Ceiling Height & Doors: Up to 24' Ceiling Hgt / 4 drive-in doors
Location: High visibility & Close to Highway Access (Rte 130 & I295)
Parking: 20 + car parking capacity
Building Details: Metal Panel, concrete slab, Membrane roof, gas-fired heating
Call for more details or a confidential site visit.

PRICE REDUCED  - $395,000

Rob Beach, CCIM, CBI
President
856.228.5151 ext. 1
rbeach@procisionbb.com

http://procisionbb.com/warehouse-westville/

How to Ensure Confidentiality During your by Procision Commercial Realty

Selling a business is a process that depends upon professionalism and confidentiality. Selecting a business broker who understands the critical role that confidentiality plays is simply a must. Unfortunately, countless sellers have in fact dealt with a situation where a breach in confidentiality has caused a deal to fall apart.

A failure to maintain confidentiality can lead to a slew of negative reactions from a range of parties. Everyone from supplies and vendors to creditors could react in a way that could harm your business, for example, vendors could change their terms and this could in turn negatively impact your cash flow.

A breach of confidentiality could also lead to negative reactions amongst both employees and customers. The reason is that employees may begin to worry about the security of their jobs and may also become nervous about the change in management. These fears could prompt employees to find a new job and leave you with a position that needs to be filled. Potentially more significant is the fact that the loss of key personnel could cause your buyer to have cold feet.

As if all of these factors were not enough of a concern there is also the issue of the competition. If your competition gets wind that you may be looking to sell they may take advantage of the situation and start attempting to steal your customers.
Finally, a breach in confidentiality could send potential buyers running. The headaches that are often associated with a breach in confidentiality are such that potential buyers may simply drop the deal.

The best way to protect your confidentiality is to opt for a great business broker. A business broker is an expert in prompting a business without notifying the competition, your employees, vendors or anyone else. The process is both an art and a science.

When attempting to sell on your own there are many and diverse pitfalls. Sellers are much more likely to accidentally reveal who you are; after all, a seller has to provide phone numbers, email addresses, physical addresses and other critical and identifying information. Even your home phone number could be traced back to your identity and ultimately your business.

A seasoned business broker can help you bypass these potentially damaging issues, by not just shielding your business's identify but also by ensuring that all interested parties sign confidentiality agreements and are pre-qualified. In this way you only reveal what is absolutely necessary. In short, it is best to work with a business broker and maintain your confidentiality at all costs.

http://procisionbb.com

Friday, October 21, 2016

*Price Reduced* Main Line Catering Company in Montgomery County

MAIN LINE CATERING COMPANY FOR SALE

Ideally located in the heart of Main Line of Montgomery County Pa, this family run Catering Business represents a fantastic opportunity for a 1st time or strategic buyer. As a well-established and in demand operation, the Business boasts multiple industry awards, maintains a five-star rating and functions as a preferred caterer at numerous venues throughout the Greater Philadelphia region. Their diverse service offerings include off-site catering for weddings, private parties, corporate events and various other milestone occasions. Additionally, the business greatly benefits from its unique retail facility that is located in a prime business district and heavily traveled thoroughfare. With a well-defined business structure and increasing year-over-year sales, this is an excellent opportunity for futher growth in the future.

Highlights of the business and building are as follows:
  • Fully-stocked facility with 7 years of lease term remaining
  • Excellent competitive position - niche business
  • Multiple in -house accounts and preferred vendor status
  • Refined procedures and protocols / well-trained staff
  • Over $75,000 in newer kitchen equipment
  • Excellent internet & social media presence
  • Continued revenue growth and business expansion
Includes: All furniture, fixtures, equipment and goodwill
PRICE REDUCED - $289,000

CLICK HERE for more information

Disclaimer: The information provided in this listing has been provided by the Seller and Procision Business Brokers has not independently verified this information and has no responsibility for its accuracy or completeness. Procision Business Brokers recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Although Procision Business Brokers are glad to arrange a meeting between you, your representatives and the Seller, we are not authorized to make any representations or warranties. You agree to hold Procision Business Brokers and our associated brokers harmless of any misrepresentations made by seller.

Tuesday, October 18, 2016

*FOR SALE* Indoor Batting Cages / Training Facility by Procision Business Brokers

Built in the 1990's, this long-standing business has established itself as one of the premier batting and training facilities in South Jersey. Located on a major thoroughfare, the facility offers excellent visibility and provides easy access to the region's highways. With service offerings that include automated batting cages, pitching tunnels, private lessons and party reservations, generates of baseball and softball players have honed their skills at this athletic facility.

Highlights of the business and building are as follows:
  • Expansive building with over 10,000 sf of usable space
  • Limited competition - specialized niche
  • Customized batting cages and pitching tunnels for all ages
  • Ceiling heights - up to 24 ft
  • Well maintained building / equipment with regular maintenance
  • Opportunity to add other business lines on-site


Includes: All FFE, Goodwill and Real Estate
PRICE REDUCED - $475,000

More Information:
http://procisionbb.com/sale-indoor-batting-cages-training-facility/

Monday, October 17, 2016

Procision Commercial Realty - Can you Understand Your Buyer’s Key Motivations?

Negotiations can be tricky affairs. One wrong move can undo a tremendous amount of work. In negotiations, it is best to take a moment and think about where the other party is coming from.

What are their needs and how best can you meet them? Understanding your buyer's motivation increases the chances of a successful negotiation.

What Appeals to Most Buyers?

When it comes to selling a business, you likely will not know your buyer personally. This means that you will not know what they value most, how exacting their standards will be, and how easy or challenging they will be during negotiations. That's why it is imperative to err on the side of caution and act in such a way that would appeal to most buyers.
Ensuring that your business is in strong financial health means that your business will be appealing to both a corporate executive as well as an individual buyer with a leadership/managerial background. Keep in mind that individuals who buy businesses will want a strong ROI, and often they will want the responsibilities that accompany that investment to not interfere too greatly with their current lifestyle.

Playing into Emotions

In general, buyers tend to be the most excited at the beginning of the sale process. It is at this point that you can expect your buyer's passion to be its strongest. As a result, the first stages are when you want to keep your presentation and approach the most realistic. The reason is that once the surge of passion has worn off, your buyer may otherwise feel that you have tried to oversell your business.

Being Forthcoming with Information

It is quite common that you will not at first know if your buyer has previous experience in your market. As a result, you shouldn't assume that they understand anything about your business or industry. In short, it is definitely in your best interest to be very honest about your business and what is involved in running it. If there are issues that they will invariably discover, then it is best to go ahead and disclose those issues early on as it establishes trust and goodwill.

Understanding Expectations

Another area to consider is what a buyer may expect of you after the sale. A buyer who already possesses a background in your niche would already be very familiar with the ins and outs of your industry. Having you around after the sale may not be viewed as necessary or beneficial.

However, with that said, the exact opposite may also be true. You may be dealing with a buyer who is in dire need of your expertise. These factors could be of critical importance in what you offer your buyer in terms of your availability. Again, that's why it's best to not make assumptions and make sure your terms would appeal to a wide variety of backgrounds.

An Investment of Value

Invest the time to understanding your buyer's motivation. The more you understand what it is that your buyer wants out of the transaction, the greater your chances of focusing on the areas of your business that best match those expectations.

When it comes to the motivations and concerns that prospective buyers may have, a business broker can add a new level of understanding. The value that your broker adds to the process of selling a business is difficult to overstate.

Friday, October 14, 2016

Procision Commercial Realty - Office Space for Lease in Warminster Pa


Centrally located in Bucks County and easily accessible from the Pennsylvania Turnpike, 955 Mearns is a 303,000 Sf Flex Building situated just off Street Rd in Warminster, PA. Anchored by International Companies such as SP Industries and Chempump, the building is occupied by a diverse and quality tenant base. Benefits include access to an extensive highway network, availability of a well educated and skilled workforce, numerous shopping and food options nearby, high quality property management and advantageous lease rates.


  • Office Suites from 3,700 to 14,000 Sf
  • Outdoor Courtyard – Landscaped Setting
  • Proactive Management – Well-maintained
  • Plethora of Shopping & Food nearby
  • Access to extensive Highway Network
  • Advantageous Lease Rates & Terms
About Procision Commercial Realty Founded as a Business and Commercial Real Estate Brokerage, Procision Commercial Realty offers one-stop, synergistic services for Business Owners, Investors, Landlords and Tenants alike. Through their Comprehensive Suite of Real Estate Services and Transaction Solutions, Procision Commercial Realty serves the needs of the Greater Philadelphia and South Jersey Region. For additional information, please visit the company’s website at www.Procisionbb.com or contact Robert Beach at 856-228-5151.

Thursday, October 6, 2016

Procision Realty - Seller Financing

The majority of business sales include some form of seller financing. Typically, seller financing is when the seller provides a loan to cover part of the purchase price. The rest of the purchase price is covered by the down payment or often other financing sources are used as well. Summed up another way, the seller is essentially acting as a bank for the buyer.
When sellers offer financing, it often also helps them achieve a higher final sale price. Sellers who are not open to seller financing will likely limit their possibilities.

Performing Due Diligence

When a seller opts for seller financing, it is necessary to do much of the work that a bank would usually perform, for example, checking a potential buyer's credit report, financial statements and other key financial information. After all, if you opt to offer seller financing, then you'll want to ensure that your buyer will not default.

Usually contracts allow for the seller to take back a business in 30 to 60 days if financing fails. In this way, the buyer can avoid a potentially serious business problem.
There are often other contractual stipulations as well. A common clause for businesses involving inventory is that new owners need to maintain a certain level of supplies during the payment period.

Providing Benefits for Both Parties

It should also be noted that seller financing is of considerable interest to buyers. Sellers looking to attract as much attention to their business as possible will want to consider this route. Offering this type of financing sends a very clear message. When a business owner is open to seller financing, he or she is stating that he or she has great confidence that the business will generate both short term and long term revenue. That level of confidence speaks volumes to buyers about the health of the business.

What Due Terms Typically Look Like?

In terms of the length of seller financing, 5 to 7 years is typical. The issue of how much a seller is expected to finance is another issue that draws considerable attention. While there are no steadfast rules as to what percentage seller's typically finance, it is common for sellers to finance up to 60% of the total purchase price.
Finally, seller financing does have a good deal of paperwork and points to consider. Opting to work with an attorney or business broker is absolutely essential to protect all parties involved.

Friday, September 23, 2016

Procision Commercial Realty - THE POWER OF RECURRING REVENUE

Buyers and sellers alike love recurring revenue.  But what is it exactly that makes it so attractive?  Recurring revenue is generally viewed as a very good factor as it indicates positive cash flow, the potential for growth, business success and business stability.  Let’s take a closer look at how it can benefit you.
Show You’re in Demand
Businesses, including IT companies, are valued higher if they can show recurring revenue, such as monthly subscriptions, SaaS subscriptions, or a transaction that consistently occurs.  If your business is centered on a subscription based platform and you have high subscription levels, then you can expect keen interest from prospective buyers.
If you want to show a prospective buyer that your business is a good bet, then recurring revenue is a great place to start.  Recurring revenue indicates that you have ongoing consumers and that means ongoing revenue.  But recurring revenue indicates something else as well, namely, it indicates that your business is providing a consistent service that is consistently in demand.
Take the Pressure Off Buyers
Buyers like predictability.  Recurring revenue means that a buyer knows that he or she can buy a business and count on income from day one.
Sellers can often forget that most buyers get nervous when they are making any kind of business buying decision.  The power of recurring revenue is, in part, psychological as it allows buyers to realize that there will be revenue no matter what.  Even if they do little to develop the business, cash will flow in.  In other words, the psychological value of recurring revenue is that it takes much of the pressure off.
Examining Your Annual Recurring Revenue
If your business has a strong annual recurring revenue or “ARR”, then you should place a good deal of focus on this fact.  Many feel that a company’s ARR number is a powerful indicator of a company’s overall health.
Ultimately, recurring revenue indicates a great deal about your company.  High recurring revenue doesn’t just mean that you have a reliable source of income every period.  It indicates that your business is providing a service that is needed and valued.  Strong recurring revenues also indicate that your business is doing many things correctly and that your goods and/or services are of such a caliber that you are generating repeat business.
Visibility and Transparency
Savvy buyers also value visibility and transparency.  Thanks to this kind of consistent income, it is easier for buyers to plan for and manage future expenses and increase a business’s overall stability.
Part of properly showcasing your business is to emphasize your business’s recurring revenues if they do indeed occur.  A seasoned business broker can be an invaluable ally in helping you reveal your business in the best light possible.

Monday, September 19, 2016

Procision Commercial Realty - What is EBITDA and Why is it Relevant to You?

If you've heard the term EBITDA thrown around and not truly understood what it means, now is the time to take a closer look, as it can be used to determine the value of your business. That stated, there are some issues that one has to keep in mind while using this revenue calculation. Here is a closer look at the EBITDA and how best to proceed in using it.

EBITDA is an acronym for earnings before interest, taxes, depreciation and amortization. It can be used to compare the financial strength of two different companies. That stated, many people don't feel that EBITDA should be given the importance that is frequently attributed to it.

Divided Opinion on EBITDA
If there is disagreement on EBITDA being able to determine the value of a business, then why is it used so often? This calculation's somewhat ubiquitous nature is due, in part, to the fact that EBITDA takes a very complicated subject, determining and comparing the value of businesses, and distills it down to an easy to understand and implement formula. This formula is intended to generate a single number.

EBITDA Ignores Many Key Factors
One of the key concerns when using or considering a EBITDA number is that it is often used as something of a substitute for cash flow, which, of course, can make it dangerous. It is vital to remember that earnings and cash earnings are not necessarily one in the same.
Adding to the potential confusion is the fact that EBITDA does not factor in interest, taxes, depreciation or amortization. In short, a lot of vital information is ignored.

Achieving Optimal Results
In the end, you simply don't want to place too much importance or emphasis on EBITDA when determining the strength of a business. The calculation overlooks too many factors that could influence future growth and prosperity of a business.
Business brokers have been trained to handle valuations to determine the approximate value of a business. Since valuations take many more factors into consideration, they also tend to be far more accurate.

http://procisionbb.com/what-is-ebitda-and-why-is-it-relevant-to-you/

Wednesday, September 7, 2016

Procision Business Brokers - Iconic Bar & Grill, Liquor Store and Pub for Sale!

Iconic Cape May County Bar, Restaurant and Liquor Store for Sale - This is an opportunity to own a true piece of history and the genesis of countless vacation memories. During the height of the Doo Wop era, among many others, the Club hosted such memorable acts as Bobby Rydell, The Four Tops, The Platters, and The Supremes. Ideally located just off the boardwalk in the Heart of Wildwood, the expansive facility offers over 11,200 Sf of usable space that includes the following impressive features:





Highlights of the Business and site are as follows
  • Large bar and restaurant area - seating capacity 299
  • Take-out Liquor Store with large beer selection
  • Broad C liquor license-Type 32
  • Fully equipped kitchen with multiple walk-ins
  • Large storage room and additional dry storage
  • Small on-site efficiency unit with shower/bathroom
  • Pool tables, shuffle board, several stages and a large dance floor
  • 2nd Stand-alone Pub with separate dedicated entrance on adjacent street

This is a fantastic opportunity to own 3 separate businesses in one: Bar / Restaurant, Liquor Store, and 2nd Stand-alone Pub. Benefit from the consistency of a Liquor Store and maximize the earning potential from 2 Bars / Restaurant.

Includes: Liquor License, FFE, Real Estate and Goodwill
Sale Price - $975,000

Disclaimer: The information provided in this listing has been provided by the Seller and Procision Business Brokers has not independently verified this information and has no responsibility for its accuracy or completeness. Procision Business Brokers recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Although Procision Business Brokers are glad to arrange a meeting between you, your representatives and the Seller, we are not authorized to make any representations or warranties. You agree to hold Procision Business Brokers and our associated brokers harmless of any misrepresentations made by seller.


http://procisionbb.com/cape-may-county-iconic-bar-grill-liquor-store-pub-sale/

Procision Business Brokers - Iconic Bar & Grill, Liquor Store and Pub for Sale!

Iconic Cape May County Bar, Restaurant and Liquor Store for Sale - This is an opportunity to own a true piece of history and the genesis of countless vacation memories. During the height of the Doo Wop era, among many others, the Club hosted such memorable acts as Bobby Rydell, The Four Tops, The Platters, and The Supremes. Ideally located just off the boardwalk in the Heart of Wildwood, the expansive facility offers over 11,200 Sf of usable space that includes the following impressive features:





Highlights of the Business and site are as follows
  • Large bar and restaurant area - seating capacity 299
  • Take-out Liquor Store with large beer selection
  • Broad C liquor license-Type 32
  • Fully equipped kitchen with multiple walk-ins
  • Large storage room and additional dry storage
  • Small on-site efficiency unit with shower/bathroom
  • Pool tables, shuffle board, several stages and a large dance floor
  • 2nd Stand-alone Pub with separate dedicated entrance on adjacent street

This is a fantastic opportunity to own 3 separate businesses in one: Bar / Restaurant, Liquor Store, and 2nd Stand-alone Pub. Benefit from the consistency of a Liquor Store and maximize the earning potential from 2 Bars / Restaurant.


Includes: Liquor License, FFE, Real Estate and GoodwillSale Price - $975,000


Disclaimer: The information provided in this listing has been provided by the Seller and Procision Business Brokers has not independently verified this information and has no responsibility for its accuracy or completeness. Procision Business Brokers recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Although Procision Business Brokers are glad to arrange a meeting between you, your representatives and the Seller, we are not authorized to make any representations or warranties. You agree to hold Procision Business Brokers and our associated brokers harmless of any misrepresentations made by seller.


http://procisionbb.com/cape-may-county-iconic-bar-grill-liquor-store-pub-sale/

Friday, September 2, 2016

Procision Business Brokers - MOTEL / LODGING FOR SALE IN CAPE MAY COUNTY

Location, Location, Location - The site offers high visibility and excellent exposure to both travelers and tourists alike. Situated on the corner of multiple north/south access roads and close to the Garden State Parkway, this Jersey Shore Business is uniquely positioned. Guests are centrally located and in close proximity to the Cape May Ferry, Cape May Zoo, Cold Spring Village and the southern barrier islands. Boasting a well-established reputation for value and cleanliness, this family-owned business has been proudly operating since the 1970's. With 34 pet-friendly units including motel rooms, efficiencies and 1 & 2 bedroom units, the year-round facility can accommodate various lodging requirements. There may be the potential for additional development - bring you Land Use expert to explore the possibilities!
Highlights of the Business and site are as follows
  • 34 Units - including some efficiencies and 1 & 2 bedroom units
  • Large Owner's unit - 2-story, 3 bedroom, 2.5 baths
  • Approximately 2 +/- acre corner lot
  • Excellent location - high traffic count & visibility
  • Open year round
  • Amenities include a swimming pool, picnic area, charcoal grills, Wifi and pet friendly rooms Motel / Hotel Zoning - potential for additional development on site
Includes: All furniture, fixtures, equipment and goodwill
PRICE - $2,200,000
Disclaimer: The information provided in this listing has been provided by the Seller and Procision Business Brokers has not independently verified this information and has no responsibility for its accuracy or completeness. Procision Business Brokers recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Although Procision Business Brokers are glad to arrange a meeting between you, your representatives and the Seller, we are not authorized to make any representations or warranties. You agree to hold Procision Business Brokers and our associated brokers harmless of any misrepresentations made by seller.

Procision Brokers - 5 Tips for Buyers of International Businesses



The decision to buy an international business is no doubt quite serious. There are numerous factors that must be taken into consideration when deciding whether or not an international business purchase is the right move. Let's take a closer look.
Tip #1 – Relocating Vs. Hiring a Manager
Buying an international business can also mean a substantial life change. Before jumping into the process, it is critical that you know whether you will be relocating or hiring a manager to run your newly acquired business.
Obviously, owning a business is a substantial responsibility and you'll want to ensure that you know exactly what is going on with your new acquisition. Sometimes that means actually being there. The bottom line is that you will either have to relocate or hire a manager.
Tip #2 – Regulations
Understanding regulations, taxes and customs are another must for buyers of international businesses. A failure to factor in these elements can literally undo one's business or at the very least place you at a competitive disadvantage. The time and money you invest in learning how regulations, taxes and customs work in this new territory is time and money well spent.
Tip #3 – Research Similar Businesses
You will want to invest your time into research. In particular, you will want to research similar businesses that already exist in the place where you are investing. Why are those businesses successful? What could you do to improve on their model or approach? Don't assume that just because you know how businesses fare in the United States that this knowledge will always translate over to other countries.
Tip #4 – Be Aware of Potential Cultural Differences
It is important to be aware of cultural differences during the negotiation process, but this is really just the beginning. Cultural differences do not end once the negotiation process is over. They have ramifications in areas including everything from dealing with your staff and vendors to getting professional assistance from people such as local accountants and lawyers. You will need to be aware of cultural differences and perhaps even learn to speak the language if you want your business to be a thriving success.
Tip #5 – Hire a Business Broker
Business brokers are experts in buying and selling all kinds of businesses and that includes international businesses. There are many layers to owning an international business and business brokers can help you navigate the waters. The sizable expertise that a business broker brings to the table can help save you considerable amount of frustration and confusion.
These five tips are invaluable for helping you determine whether you should opt for an international business and/or how to proceed once you've decided to move forward. There can be big opportunities in owning an international business, but it is critical to proceed with a clear cut strategy.

Tuesday, August 30, 2016

Procision Business Brokers - Warehouse For Sale in Westville New Jersey

Warehouse for Sale
Route 45 & Hazel Ave, Westville, NJ




Warehouse for Sale – Situated on Route 45 in Westville and located within a
minute of Route 295 and Route 130, the site provides for excellent access to
the South Jersey and Greater Philadelphia Region. This well-maintained building
currently houses a well established Batting Cages and Training Facility, however
it can be utilized for various industrial, warehouse or showroom uses.


Building: +/- 10,500 Sf on 0.36 acres
Zoning: Commercial
Ceiling Height & Doors: Up to 24' Ceiling Hgt / 4 drive-in doors
Location: High visibility & Close to Highway
Parking: 20 + car parking capacity
Building Details: Metal Panel, concrete slab,Membrane roof, gas-fired heating


Call for more details or a confidential site visit.
PRICE - $415,000

Rob Beach, CCIM, CBI
President
856.228.5151 ext. 1
rbeach@procisionbb.com


http://procisionbb.com/procision-business-brokers/

Friday, August 26, 2016

Procision Business Brokers - Industrial Space for Lease in Pennsauken NJ

 


 *FOR LEASE*
The Crescent Business Center is a 23 unit, 145,000 sf, Business CEnter. Units range in size from 2,000 sf to 23,000 sf. The tenants in the Park are a mix of local and national companies that manufacture, distribute, and warehouse products. Crescent Business Center offers functional spaces, an ideal location at a low overhead cost. The Business Center is located on the North bound side of UR Route 130 in Pennsauken, New Jersey. The park is located within a half mile from the Betsy Ross Bridge and has easy access to the Betsy Ross Bridge, Tacony Palmya Bridge, US Route 130, T 73, I-295 and the NJ Turnpike.



Highlights of the business and building are as follows:

Spaces from 3,300 to 11,000 sq.ft.
Drive In Loading
14' clear height
Offices to Suit
Ample Parking
Reasonable Rates

Contact Rich Shore 856.228.5151 Ext 4 rich@procisionbb.com