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Business Appraisals in Florida
The Sunshine State is home to the fourth-largest economy in the United States. The economy is primarily driven by tourism, agriculture, manufacturing, and much more. Florida is a great state for a variety of businesses, many of which we have worked with from a business valuation and machinery & equipment appraisal standpoint. We love working in Florida!
Florida is open to over 2.7 million small businesses according to the Small Business Administration (SBA). Each of these businesses is a powerhouse for job creation, as they employ nearly half of all private-sector jobs. That is absolutely amazing! According to the SBA Office of Advocacy, only 50 percent of businesses that open in 2020 will be open by 2025, and only one-third will still exist in 2030. There are a variety of reasons that small businesses fail. However, the vast majority close their doors for one reason: a lack of knowledge of their ownership, key management, or both. For these reasons, Peak Business Valuation, business appraiser Florida, works with business owners across Florida. We are helping business owners understand the value of their business, so they can pass it along to the next generation of entrepreneurs.
Small businesses have been the lifeblood of the economy in Florida and will continue to drive the economy forward. This is why Peak Business Valuation, business appraiser Florida, works with business owners weekly in the state of Florida. Understanding the value of a business is critical when you are the business owner looking to sell or grow the business. There are thousands of people moving to Florida each week. We are working with individuals looking to buy a business in Florida and understand the value of the business they are looking to acquire. This helps ensure that the individual feels confident about the purchase.
So why do business owners or individuals looking to buy a business reach out to Peak Business Valuation, business appraiser Florida? Well, it is a combination of our industry and state experience. Ultimately, we care about building businesses that thrive and helping you understand that a business is an asset that has value. Understanding the value of a business can ultimately help you with selling, buying, or growing a business. As such, we make ourselves available to answer any questions that you may have about the value of a business.
What Cities In Florida Does Peak Business Valuation Perform Business Appraisals?
As mentioned earlier, Peak Business Valuation, business appraiser Florida, works with business owners and individuals looking to buy a business weekly in Florida. We have performed business valuations and machinery & equipment appraisals all over Florida! Here are some of the cities where we have performed either a business valuation or a machinery & equipment appraisal in Florida:
- Boca Raton
- Cape Coral
- Coral Springs
- Fort Lauderdale
- Palm Beach
- Port Orange
- Port St. Lucie
- St. Petersburg
- Winter Haven
What Industries In Florida Does Peak Business Valuation Perform Business Appraisals?
The businesses that we have valued in the state of Florida have varied greatly. Below is a list of industries we have experience performing a business valuation or a machinery & equipment appraisal in Florida for:
- Glass & Glazing Contractors
- Roofing Contractors
- Heating & Air-Conditioning Contractors
- This is by far the most popular industry that we have experienced within Florida. We work with dozens of buyers and sellers of HVAC businesses in Florida.
- Flooring Installers
- Iron & Steel Manufacturing
- Bread Production
- Textile Mills
- Apparel Manufacturing
- Shoe & Footwear Manufacturing
- Metalworking Machinery Manufacturing
- Circuit Board & Electronic Component
- Automobile Wholesale
- Auto Parts Wholesale
- Jewelry & Watch Wholesale
- Lumber Wholesale
- Footwear Wholesale
- Apparel Wholesale
- Janitorial Equipment Supply Wholesale
- New and Used Car Dealers
- Recreational Vehicle Dealers
- Auto Parts Store
- Tire Dealers
- Furniture Stores
- Jewelry Stores
- Hardware Stores
- Lumber & Building Material Stores
- Beer, Wine, & Liquor Stores
Transportation and Warehousing
- Local Freight Trucking
- Long-Distance Freight Trucking
- Local Specialized Freight Trucking
- Couriers & Local Delivery Services
- Software Publishing
- Internet Service Providers
- Wireless Telecommunications Carriers
Finance & Insurance
Real Estate, Rental, & Leasing
- Truck Rental
- Property Management
Professional, Scientific, & Technical Services
Healthcare & Social Assistance
Arts, Entertainment & Recreation
- Arcade, Food & Entertainment Complexes
- Gym, Health & Fitness Clubs
- Fast Food Restaurants
- Coffee & Snack Shops
- Single Location Full-Service Restaurants
- Event Planning
- Auto Mechanics
- Car Body Shops
- Dry Cleaners
- Car Wash & Auto Detailing
- Maids, Nannies, & Gardeners
- Hair & Nail Salons
- Security Alarm Companies
- Pest Control
As with any of the valuations and machinery & equipment appraisals performed in the state of Florida, there is one question that is always asked: “what is it really worth?”. What is the value of a privately-held business or business interest? What is the value of my truck fleet, etc.?
Our team of dedicated valuation and machinery & equipment professionals has the highest and most respected credentials in the industry, including:
- Accredited in Business Valuations (ABV)
- Certified Appraisers Guild of America (CAGA)
Peak Business Valuation offers business valuation services in Florida for the following reasons:
We work with attorneys, individuals, and business owners and their management teams on a regular basis, assisting with:
- Buy-Sell Agreements
A buy-sell agreement will generally contain a valuation clause with the terms of the buyout and, often, a definition of value, causing a business valuation to be performed.
- Estate and Gift Planning and Reporting
A business valuation in support of estate planning allows you as the business owner to understand the value of the assets you hold and plan to give to certain family members.
- Bank Financing (SBA 7(a) loans and conventional loans)
For an SBA 7(a) loan, a valuation must be completed by an independent valuation professional if the amount being financed is greater than $250,000.
- Business Planning
A business valuation provides guidance to business owners with respect to value drivers and providing a basis for their understanding of how someone would look at their business
- Purchasing a Business
When you are in the due diligence process of purchasing a business, Peak is hired to provide a conclusion of value in order to help you feel more confident about the purchase
We pride ourselves on providing thorough and accurate analyses so our clients can make informed decisions. Obtaining a business valuation from Peak Business Valuation, business appraiser Florida, will help ensure the best possible outcomes. If you need a business valuation or machinery & equipment appraisal you can rely on, give us a call today at (435) 359-2684 for a no-cost confidential phone consultation.