Address: 10620 Griffin Rd B -105, Cooper City, FL 33328, USA
Phone: +19546467651
Sunday: Closed
Monday: 8AM–6PM
Tuesday: 8AM–6PM
Wednesday: 8AM–6PM
Thursday: 8AM–6PM
Friday: 8AM–6PM
Saturday: Closed
John Bucher
Russell Cohen is a legend and real treasure as a Business Broker. Really appreciate all of the advice he give to everyone at the BBF. John Bucher KMF Business Advisors
Sandy Reinstein
Russell is an excellent business broker and very knowledgeable in all phases of the transaction. I have had the opportunity to work with him on several deals and have always seen a smooth transition.
Federico Perez
Looking for an expert to help me sell a business, I found Mr. Murphy who had great reviews on Google. I spoke with him on the phone and he gave me an appointment for the same week. He seemed like an excellent and very kind person. He explained to me what to do and how to organize everything to achieve a favorable sale and in a short time. I am very grateful to him and highly recommend him.
Daniel Gracia
Need to send me stuff more specific to what I am looking for. Technology and phone businesses.
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Some business owners have an exit strategy from the day they open their doors. However, typically the best time is 3 to 5 years before you want to put the business up for sale. A business owner will need a few years to implement recommendations that will the improve bottom line to prepare them for a sale
Most buyers don't like working with unreported income. If you have a business with unreported income we can include it with the income analysis, but there needs to be a way to prove unreported income to a potential buyer.
Buying an existing business provides a buyer with income from Day 1 and eliminates the start up time. Starting a business from scratch can take years to build up with no guarantee of profitability.
Murphy Business advertises on over 20 websites dedicated to businesses for sale. We also advertise on Business Brokerage MLS for 500 business brokers to see and potentially share the engagement with their clientele.
All buyers must sign a confidentiality agreement. On larger engagements we require all buyers to provide proof of funds or a Financial Statement. The seller will be provided the financial statement and the NDA to decide if they will allow the buyer to proceed to the next step.
Get the business appraised or have your broker put a broker Opinion of Value. This will provide an answer to what the market will pay for a business in your industry. We typically ask for 3 years of financial statements and the current year. We apply 3 different valuation methods to come up with a price.
Yes! If you are selling a business that nets less than 1 million dollars then the seller will keep A/R and cash in the bank
Murphy Business has a valuation department . A calculation of value report performed by a certified appraiser will cost $2500
Yes! Your CPA will be involved in the due diligence process of the audit and your attorney will be involved in the contract negotiations, sometimes landlord negotiations and the closing process.
50 % of all business transaction are co-brokered with an another business broker. We have a co-brokering arrangement with the business brokers of Florida which has over 500 members.
1- Confidentiality 2- Business Brokers can get a better price 3- We know how to eliminate the tire kickers. 4- Negotiation and marketing of your business 5- Save the time from talking to unqualified buyers 6- We defend your financial #'s 7- Landlord negotiations 8- We quarterback the deal!
A business owner can sell their own business if you have unlimited time available to speak unqualified buyers.
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