Sell Your Business with Confidence – At Eric Sell My Business, we provide personalized strategies to maximize your business value and connect you with qualified buyers. Trust our expert guidance every step of the way!

FAQs:

What makes Eric Sell My Business different?

We focus on owner-centric support with a personalized approach since 1989. You’ll work directly with experienced award winning brokers who prioritize your goals, protect your interests, and treat your business like their own.

How do I know what my business is worth?

While it’s possible to sell on your own, working with a broker gives you access to expert guidance, qualified prospective buyers, professional marketing tools, and smoother negotiations—saving you time and increasing your chances of a successful sale.

At Eric Sell My Business, we offer a free, no-obligation video evaluation to help you understand where you stand. With access to over 28,000+ sold business records, we provide the most accurate comparisons available. Our valuation process includes a comprehensive guide and expert analysis based on your financials, current market trends, and industry standards—ensuring you have a clear and realistic picture of your business’s true value.

As licensed members of the Business Brokers of Florida (BBF), we use official BBF forms and contracts, and list your business on the BBF statewide MLS for maximum exposure to serious, pre-screened buyers.

What are your operating hours?

We are open from 8 AM to 8 PM, Monday to Saturday. We’re closed on Sunday. Holiday hours may vary, so please call or check our website for specific information on those dates.

How long does it take to sell a business?

The timeline varies. Most businesses when priced properly, good books and records, including tax returns, may take 6–12 months to sell. We work efficiently to attract serious buyers and streamline the process.

Will my sale be kept confidential?

Yes. We take confidentiality seriously. All prospective buyers sign a Non-Disclosure Agreement (NDA) before receiving any sensitive information about your business.

What information do I need to prepare before listing my business to be sold?

Before listing your business, you’ll need to gather key documents and operational details that serious buyers expect to review. These typically include:

  • Profit & Loss statements (PLS) for the past 3 years
  • Business tax returns
  • Current lease agreement(s)
  • Balance sheets
  • A list of furniture, fixtures, and equipment (FF&E)
  • Basic operational and staffing details

At Eric Sell My Business, we walk you through every step to make sure you’re prepared and positioned to attract qualified buyers and maximize your value.

Do I need to be involved during the sale process?

Yes, but we handle the heavy lifting. You’ll stay informed and involved during key decisions, while we manage buyer communications, marketing, and negotiations.

How are negotiations handled?

We act as your advocate, negotiating terms that protect your interests while facilitating a smooth transaction for all parties.

Do I need a lawyer or accountant?

We recommend having both involved, especially during due diligence and closing. We’ll work alongside them to streamline the process.

Can I choose who buys my business?

Absolutely. We present qualified buyers, but the final decision is yours based on fit, offer, and future plans for the business.

Can I stay involved in the business after it sells?

Yes, many sellers choose to stay on short-term as consultants or during a transition period if the buyer requests it.

What types of businesses do you specialize in?

We work with a wide range of businesses across many industries—service, retail, medical, construction, automotive, hospitality, and more. Our team is made up of licensed Florida real estate agents and business brokers with experience across diverse sectors. As proud members of the Business Brokers of Florida (BBF) Association, we have access to one of the largest business-for-sale networks in the state, ensuring your business reaches the right buyers.

Do I need a broker to sell my business?

While it’s possible to sell on your own, working with a broker gives you access to expert guidance, qualified prospective buyers, professional marketing tools, and smoother negotiations—saving time and increasing your chances of a successful sale. As licensed members of the Business Brokers of Florida (BBF), we utilize standardized BBF forms and contracts that ensure legal compliance and efficiency. Plus, your business is listed on the BBF statewide MLS, giving you maximum exposure to serious, pre-screened buyers.

How do you find buyers for my business?

At Eric Sell My Business, we take a multi-channel, strategic approach to reach qualified buyers:

  • Business Brokers of Florida (BBF) Network: As members of the BBF, we collaborate with over 900+ fellow brokers across the state. This powerful network gives your listing exposure to thousands of motivated buyers actively seeking businesses like yours.
  • United Realty Group, Inc.: As part of United Realty Group—with 22 offices and over 4,000 licensed agents throughout Florida—we tap into one of the largest real estate networks in the state, many of whom have clients looking to invest in or acquire businesses.
  • Exclusive Buyer Database: We maintain an in-house database of over 10,000 prospective buyers who have expressed interest in specific industries or business types. Your listing is marketed directly to this targeted audience.
  • Confidential Marketing Channels: We use secure, confidential platforms to list your business while protecting your identity and operations. We also leverage premium advertising, social media, and professional outreach tailored to your business type and goals.

Our mission is to connect you with serious buyers and help you sell at the highest value, on the best terms, and as quickly as possible.

What fees or commissions should I expect?

At Eric Sell My Business, we believe in transparency and performance-based results.

  • Success-Based Fees: Our fees are commission-based, meaning we only earn when your business sells. This ensures our goals are aligned with yours—we’re motivated to get you the best possible outcome.
  • No Upfront or Hidden Costs: We’ll clearly outline all terms in advance, so you know exactly what to expect. There are no surprises, hidden fees, or unnecessary expenses.
  • Most Competitive Rates in the Market: We guarantee some of the most competitive commission rates in the industry, offering high-value service without inflated costs.

Our focus is on maximizing your return, not just closing a deal.

What if I’m not ready to sell yet?

That’s okay! Many owners explore their options early. We’re happy to provide a free consultation, resources, and advice to help you prepare—even if you’re planning to sell in the future.

Can I sell my business and stay involved?

Yes. Some buyers want the previous owner to stay on temporarily for a smooth transition. This can often be negotiated based on your preferences and goals.

Do I need to make improvements before selling my business?

Not necessarily, but small operational or financial adjustments can increase your business’s appeal and value. We’ll advise you on what’s worth updating.

Can I sell my business if I still owe money on it?

Yes, many business owners sell with outstanding loans or leases. We’ll help structure the sale to account for your financial obligations.

What happens if I receive multiple offers?

We’ll help you evaluate each offer based on terms, price, buyer qualifications, and financing to choose the best fit.

What are some common reasons business sales fall through?

Unrealistic pricing, poor documentation, lack of preparation, or buyer financing issues. Our process helps avoid these pitfalls.

How much input do I have during the process?

You’re involved in every major decision. We guide and advise, but your approval is needed at key steps.

Will I be taxed on the sale of my business?

Likely, yes. Tax obligations vary based on deal structure and your entity type. We advise consulting a CPA for specific planning.

Seeking professional guidance for your business?

Unable to locate the solutions you require? Consult with one of our team members today!