Quorum Business Advisors

February 22, 2024

Florida’s Unique Business for Sale Marketplace

Navigating the Business Market in Florida:  Florida’s booming economy and diverse business landscape make it a hotbed for entrepreneurs looking to buy a business. What sets Florida apart is not just its vibrant economy or the wide variety of opportunities available but also the unique structure it offers for business buyers through the Business Brokers of Florida (BBF). With over...
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February 13, 2024

Understanding Small Business Pricing

In the world of small business transactions, understanding the methodology behind business valuation and pricing is crucial for both buyers and sellers. Central to this process is the standard, yet often misunderstood assumption: small businesses are evaluated as if they will be run by an owner-operator. This principle is fundamental, not only for ensuring a standardized comparison between different businesses...
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January 26, 2024

The Critical Role of Business Brokers in the Modern Economy

In the complex nature of the modern economy, certain key players operate discreetly, their significance often overshadowed by their commitment to confidentiality and the niche nature of their business. Among these yet underappreciated figures are the professionals in the business brokerage industry*. While our presence might not dominate headlines, our role is nonetheless fundamental, acting as the silent guardians of...
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January 23, 2024

We are hiring for the position of Business Broker

Job Description Your major responsibilities will include: •Developing and securing new “business for sale” listings through networking, direct marketing and calling on business owners using a consultative selling approach •Preparing business valuations, financial recasting and marketing packages for your listings •Qualifying, developing and coaching new business buyers •Handling transaction management: working with sellers, buyers, accountants, attorneys, landlords and all related...
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January 10, 2024

Funding the Purchase of a small business

For those interested in buying a business, one of the most critical steps is securing the funding. Understanding your financing options is key to a smooth process. Here are some of the best avenues to explore: Self-Funding: If you have the cash to purchase a business in full this can make you a very attractive prospective buyer. Sellers may be...
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January 4, 2024

Will 2024 be the year you buy a business?

Let me help you make your dreams come true in 2024. As one of Florida’s top Business Brokers I can help you find the right business. There are four things you should know about my services. One Broker As a member of the Business Brokers of Florida I cooperated with over 1,100 active business brokers in this State. That means...
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January 2, 2024

Will 2024 be the year you sell your business?

Will 2024 be the year you sell your business? A guide for business owners reaching retirement age. As we step into 2024, many of the baby boomer generation are reaching the age of retirement. This period often brings a significant decision to the fore: what to do with your business? For many of you, your business isn’t just a career;...
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December 22, 2023

A Message for Business Owners Looking to Sell

As a seasoned business broker, my approach involves a meticulous analysis of each business through the eyes of a potential buyer. This perspective is crucial, especially when preparing a business for sale. It’s about conducting a thorough, critical examination of the business, highlighting its strengths while equally acknowledging its weaknesses. Buyers are typically attracted to aspects like consistent profitability, scalability,...
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November 29, 2023

Understanding the handling of prepaid items in a business acquisition

Understanding the handling of prepaid items in a business acquisition When a business changes hands, it is important to address the handling of prepaid items such as gift cards and coupons as these items represent a future liability for the buyer. Prepaid items such as gift cards, coupons, and similar commitments represent both a business asset and a liability. Many...
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November 27, 2023

How to effectively inquire on Business for Sale listings

Business Buyer Tips: Navigating the Process of Inquiring on Listings When venturing into the world of business acquisitions, it’s crucial to approach the process with professionalism and tact. Understanding the nuances of inquiring about business listings is key to establishing yourself as a serious buyer and facilitating a smooth transaction. Here are some essential tips for prospective business buyers: Expect...
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November 7, 2023

Smart Negotiation Strategies When Buying a Business

Title: Smart Negotiation Strategies When Buying a Business When stepping into the world of business acquisitions, the negotiation table is where futures are determined. It’s not just a transaction but a pivotal moment that can either forge successful partnerships or leave parties walking away disappointed. Let’s dive into the art of negotiating the purchase of a business—what to do and...
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September 25, 2023

Preparing your business to sell

Preparing a business for sale is a significant undertaking that should not be taken lightly. Its best to ready yourself and the business in advance. In this article Anthony John Rigney of Quorum Business Advisors gives Important insight into some of the key aspects of preparation.   Financial: Ensure that your financial documents are up to date. Tax returns must...
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September 18, 2023

Understanding the E-2 Visa program

The “E-2 Investment Visa” program is little understood and there are many misconceptions. In the following article I attempt to clarify what this program is and how we as business brokers are uniquely qualified to offer assistance. The E-2 visa is an investment based nonimmigrant visa, which allows citizens of certain Countries to live and work in the USA by...
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June 15, 2023

Just Sold! Painting Contractor

Just Sold by Anthony Rigney of Quorum Business Advisors. This established painting Contractror was purchased with the aid of SBA financing. We wish the new owners best of luck....
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March 17, 2023

Just Sold: Kitchen and Bath Contractor

Just sold by Anthony Rigney of Quorum Business Advisors. This kitchen and bath contractor went in record time and was financed with the aid of SBA Bank financing. If you are interested in buying or selling a business please contact Quorum Business Advisors today....
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January 18, 2023

Sold: Property Management Company

Sold by Anthony Rigney for list price! This property management company located on the West Coast of Florida sold for cash and full price. If you are a in the property rental business and are looking to sell, give Quorum Business Advisors a call today. We would love to hear from you....
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August 23, 2022

Just Sold: Laundromat

Quorum Business Advisors just sold a Laundromat in North Florida. This listing had a lot of interest and sold for the princely price of $237,000. If you are a business owner in the Florida and are considering selling your business, Contact Quorum Business Advisors today....
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April 5, 2022

Just Sold Construction

Just Sold: Construction North Florida Just sold by Anthony Rigney of Quorum Business Advisors. This Construction related business sold for the price of $1.6M which included some seller participation. We congratulate the buyers of this business who we have no doubt will be hugely successful. We also congratulate the sellers who now embark on a new phase in their lives....
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October 12, 2021

Sold: Florida Glass Company

Just Sold by Anthony Rigney of Quorum Business Advisors. North Florida glass company specializing in commercial glass installation. This business was sold for a total consideration of $1.6M. The seller continues to own the property leasing it to the buyer. We have ongoing interest in this type of business so if you or someone you know has a glass Company...
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October 4, 2021

Just Sold HVAC Contractor

Sold by Anthony Rigney of Quorum Business Advisors. This sought after HVAC business located in South Florida sold for a premium price. If you own a construction business and are ready to sell give us a call today. We would love to speak with you....
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January 13, 2021

Business Buyer Documentation (Video)

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January 13, 2021

Recently Sold! Ice Cream Franchise Store

Sold! Ice Cream Store Quorum Business Advisors recently arranged the sale of a franchise Ice Cream Store in St. Johns County, Florida. This was a case transaction. The sale was completed in148 days from signing of the contract to the closing of the deal. We wish the buyers lots of success. If you are interested in selling your business please...
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October 26, 2020

Sold! Grocery Store in Jacksonville

Sold! Grocery Store Quorum Business Advisors recently arranged the sale of a Grocery store in Florida. This was a financed transaction but all cash to the seller. The sale was completed in 98 days from signing of the contract to the closing of the deal. We wish the buyers lots of success. If you are interested in selling your business...
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October 26, 2020

Sold! Waterproofing Contractor

Sold! Florida based Waterproofing Contractor Quorum Business Advisors recently arranged the sale of a Florida based waterproofing Contractor. This highly regarded business sold for $700,000 and was financed though the SBA with some seller participation. The sale was completed in 104 days from signing of the contract to the closing of the deal. We wish the buyers lots of success....
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October 26, 2020

Sold! Restaurant in Jacksonville Beach

Sold Restaurant in Jacksonville Beach Quorum Business Advisors recently arranged the sale of a restaurant in Jacksonville Beach. This was an all cash transaction. The sale was completed in 42 days from signing of the contract to the closing of the deal. We wish the buyers lots of success. If you are interested in selling your business please contact Quorum...
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October 22, 2020

Sold! Franchise Restaurant St. Johns

Sold! Fast Food Restaurant Quorum Business Advisors recently arranged the sale of a franchise fast food restaurant in St. Johns County. This transaction was all cash. The sale was completed in 47 days from signing of the contract to the closing of the deal. We wish the buyers great success. If you are interested in selling your business please contact...
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October 22, 2020

Sold! Maid and Janitorial Business

Quorum Business Advisors recently arranged the sale of a maid and janitorial business. The buyer purchased the business in pursuit of an immigration visa (E2). For this reason the transaction took a protracted period of time to finalize. The sale was completed in 184 days from signing of the contract to the closing of the deal. We wish the buyers...
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October 22, 2020

Sold! Breakfast Cafe

Quorum Business Advisors recently arranged the sale of a breakfast and lunch Cafe in St. Augustine, Florida. This transaction was partially financed by the seller. The sale was completed in 28 days from signing of the contract to the closing of the deal. We wish the buyer great success. If you are interested in selling your business please contact Anthony...
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October 22, 2020

Sold! Bar and Grill

Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a popular Bar and Grill in Jacksonville. This transaction was financed in part by an SBA loan. The sale was completed in 97 days from signing of the contract to the closing of the deal. We wish the buyers great success. If you are interested in selling your...
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October 22, 2020

Sold! Music Store

Sold! Music Store Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a family run ice cream store in East Jacksonville. This was an all cash transaction. The sale was completed in 57 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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October 22, 2020

Sold! Fast Food Restaurant

Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a popular fast food franchise in St. Johns Country Florida. This was an all cash transaction. The sale was completed in 38 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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October 22, 2020

Sold! Pizzeria Downtown

Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a popular iconic Pizzeria in Downtown Jacksonville. This was an all cash transaction. The sale was completed in 68 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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February 6, 2019

Sold: Hair Salon Palm Coast

Sold! Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a popular Hair Salon in Palm Coast. This transaction involved some Lender financing but was all cash to the seller. The sale was completed in 48 days from signing of the contract to the closing of the deal. If you are interested in selling your business please...
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January 8, 2019

Sold! Avenues Mall Kiosk

Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a Candy Kiosk in the Avenues Mall in Jacksonville. This transaction included some seller financing. The sale was completed in 48 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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December 3, 2018

Sold: St. Augustine Beach Cafe

Sold! Anthony John Rigney of Quorum Business Advisors recently arranged the sale of a popular Cafe in St. Augustine Beach. This was a cash transaction. The sale was completed in 42 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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August 28, 2018

Sold! Auto Customization Business

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of an automobile customization business in Jacksonville Florida. Anthony represented both sides of the transaction which consisted of some seller financing. The sale was completed in 29 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact...
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August 28, 2018

Sold Jacksonville Restaurant

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a New Orleans style restaurant in Duval County, Florida. Anthony represented the seller in this transaction and the sale was completed with some seller financing. The sale was completed in 36 days from signing of the contract to the closing of the deal. If you are interested in...
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August 28, 2018

Sold 3 Franchise Locations

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of three separate Planet Beach Franchises in Duval Florida. Anthony was the listing and selling agent for two of the locations and the selling agent for the third. . If you are interested in selling your business please contact Anthony today....
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August 28, 2018

Recently Sold: Beachside Seafood Restaurant

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a Beachside Seafood Restaurant in St. Johns Country Florida. Anthony represented both sides of the transaction which was funded by a SBA Lender. The sale was completed in 146 days from signing of the contract to the closing of the deal. If you are interested in selling your business...
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April 3, 2018

Recently Sold Tanning Salon and Spa

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a Tanning Salon and Spa in Jacksonville, Florida. Anthony represented the buyers. The sale was completed in 46 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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April 3, 2018

Recently Sold Bike and Beachwear Shop

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a bicycle and beachwear store in St. Augustine, Florida. Anthony represented the buyer. The sale was completed in 26 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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November 13, 2017

Recently Sold Supermarket in Jacksonville

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a Supermarket in Jacksonville  Anthony acted as both the selling and listing agent. The sale was completed in 78 days from signing of the contract to the closing of the deal. The buyer purchased the business and real estate with SBA financing. If you are interested in selling your...
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August 14, 2017

Just sold Grocery Store in Jacksonville

Anthony John Rigney of Quorum Business advisors recently brokered the sale of a Grocery Store in Jacksonville. The business and real estate was purchased with the assistance of a SBA Loan and the total price was $1.2M. Anthony acted as both the selling and listing agent. The sale was completed in 116 days from signing of the contract to the...
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May 11, 2017

Recently Sold Veterinary Clinic in Jacksonville

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a Veterinary Clinic,  Anthony acted as both the selling and listing agent. The sale was completed in 116 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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May 11, 2017

Recently Sold – Massage Therapy Franchise in Rochester Hills, MI

Anthony John Rigney of Quorum Business Advisors recently brokered the sale of a Massage Therapy Franchise in Rochester Hills, Michigan. Anthony acted as both the selling and listing agent. The sale was completed in 76 days from signing of the contract to the closing of the deal. If you are interested in selling your business please contact Anthony today....
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October 5, 2016

Office Building Cafe – Sold!

Anthony John Rigney of Quorum Business Advisors just closed the sale of a well known office building Cafe in Downtown Jacksonville. The cafe, a frequent destination for office workers sold for a price of $210,000. The name and exact location of the business remain confidential. The transaction was financed by the SBA department of Chase Bank and was closed by...
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May 23, 2016

Sold! Tilted Kilt in Orlando

Anthony John Rigney of Quorum Business Advisors has brokered the sale of the Tilted Kilt Franchise Restaurant in Orlando, Florida. The National Franchise chain store is located on idrive in the heart of the tourist zone. The property was on the market for less than six weeks when it went under contract. Tilted Kilt is a successful franchise Pub Eatery...
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April 4, 2016

Sold! Neighborhood Bar

Anthony John Rigney of Quorum Business Advisors, LLC recently brokered the sale of a Neighborhood Bar in the Riverside area of Jacksonville. The sale was closed in 42 days. Buyer plans to reopen the bar with a different theme. If you wish to buy or sell a bar in Florida please contact Anthony at 904-662-4458....
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April 4, 2016

Sold! Duval County 4COP Liquor License

Anthony John Rigney  of Quorum Business Advisors recently negotiated the sale of a Duval County 4COP Liquor License. This sale was closed in 42 days. Buyer plans on using the license to open a new Liquor Store in the Arlington area of Jacksonville. If you are interested in buying or selling a Florida Liquor License please contact Anthony today right...
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March 8, 2016

Sold! Transportation Business

Anthony John Rigney of Quorum Business Advisors, LLC announces the sale of a group transportation business in Jacksonville, Florida. The owners of this successful 20 year old operation are retiring and passing on the torch to a new generation of owners. If you are considering selling your business, contact Anthony today....
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March 8, 2016

Sold! Tilted Kilt Restaurant in Jacksonville Florida

Anthony John Rigney of Quorum Business Advisors has brokered the sale of the Tilted Kilt Franchise Restaurant in Jacksonville, Florida. The National Franchise chain store is located in the Tinseltown complex on Jacksonville’s Southside. The property was on the market for less than two months when it went under contract. Tilted Kilt is a successful franchise Pub Eatery serving Scottish,...
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May 10, 2015

Manufacturer of Sports Products

Anthony John Rigney of Quorum Business Advisors announces the sale of a Jacksonville based Manufacturer of sports and apparel products. The acquisition was completed with financing from Newtek Business Services.The new owner Bob R. has already put into places plans for a rapid expansion bringing new employment to the City of Jacksonville....
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January 19, 2015

Golf Course Sold in Martin County

Anthony John Rigney of Quorum Business Advisors recently sold a golf course in Martin County Florida. This property sold for multiple millons of dollars. Selling price is being withheld at the request of buyer and seller. The listing went under contract on October 27th, 2014 and closed in 47 days. If you would like to buy or sell a business...
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