Florida Coastal Brokerage, Inc.
88 Riberia St. Ste. 250
St. Augustine, FL 32084
Phone (904) 808-8448
Toll Free (800) 849-9847
Fax (904) 808-1511

Recent Listings

Upscale Restaurant w/ Cigar Bar

Upscale Restaurant with 2 bars, featuring a full Tapas menu, pizza oven and buffet line. Everything is brand new. Great location with lots of traffic.

Asphalt Paving Company

Asphalt and concrete repairs and paving to major roads, parking lots, sidewalks, etc.. Company works as prime and as subcontractor. Strong 16 year reputation in North Florida.

Medical Supply and Service

Add to your existing business, open a satellite operation, or start a new business for future growth! Sales and Service of medical equipment for 3.5 years.

Great location with frontage on major highway and easy access, minutes by boat to the intracoastal and ocean. Dealer carries full inventory of boats ranging in size from 12' - 36'+. Several dry boat storage locations near by provide a steady flow of repair and maintenance business. Great price with this kind of income, one of a kind with no competiton!

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Let Us Find Your Dream Business

The lifestyle you've dreamed about is just a few steps away

The freedom of owning your own business
Control over your own destiny
No more bosses and working for someone else
Full use of your skills & abilities
The opportunity to finally earn what you are worth!

For over two decades, VR's leadership in the industry has pioneered and set the professional standard by which all Intermediary firms are measured. With its unparalleled experience and expertise, unmatched resources and the most highly trained network of professional business brokers and business intermediaries available anywhere in the world, it is no wonder that "VR has sold more businesses in North America than anyone."

Working with a professional firm greatly enhances the probability of finding the right business for sale and realizing a successful business purchase, but the closer you examine the arena of buying a business, the more apparent it becomes that VR business broker should be your first and only choice. The reason is simple, every VR Intermediary provides their client with exactly the same level of service and professional resources that a large institutional client expects from the finest investment bank.

VR is committed to work diligently with every client, as an advocate providing a comprehensive consultative approach to each and every business transaction, no matter the type or size of business for sale you are looking to purchase.

Our goal is clear; to maximize the value you derive from buying a business.

Our Commitment to Excellence

Our office takes great care to assist our buyers in four key areas of selecting and buying the right business for them.

Diverse Offering of Business Opportunities

We have been doing business in North East Florida for over 20 years, which has allowed us to build a strong relationship with our community. This provides an excellent source of Business Opportunities. We have access to VR's extensive nationwide network of business intermediaries as well as thousands of business listings from around the country. In addition to VR's nationwide listings we are also members of the Florida Business Brokers Association (FBBA), which is a network of business intermediaries from around the state. Please use the links at left to browse the listings from both VR's database as well as the FBBA database.

Selecting the Right Business

Selecting the right business to meet your needs is the most important step in buying any business. Does the business meet your financial needs and your time constraints. Also, is a potential business something that you will enjoy doing. One of the chief benefits of owning your own business is the freedom to own a business and enjoy what you do for a living. The possibilities are endless

Transaction Organization

Organizing a business transaction is much different than organizing a residential home transaction. This is why all of our associates only specialize in business transactions. Each transaction is handled by a specific associate, so you will be working with the same person from the start of your transaction through closing. They will be available to assist in negotiation, fulfilling due diligence, securing financing, and closing the deal. This process can be very detailed and involved, so it is good to know that you will always have an experienced professional working along side you at every step of the process.

Finding Flexible Financing Options

There are many different financing options available when purchasing a business including:

Traditional Financing through an institutional lender.
Owner Financing through the seller.
SBA Financing through an approved SBA lender.
Cash Sale
An combination of the above as well as many more

It is our job to find the financing option that suits your needs as well as insures the ongoing profit of the business you are purchasing. We have established relationships with several local and nationwide lenders that always ensures you receive the best financing option.

Buying a Business FAQ's

What is a fair price for a business?

Like any other product, a business is worth whatever a willing buyer will pay a seller in a free market. However, the value of most businesses is determined by what someone can afford to pay for it. Typically this price will be 2 to 3 times the annual cash flow of the business after recasting, with a 25 to 50 percent down payment and a note paid off over 5 to 10 years. If the business can earn the income you want and make the note payments, then it is worth the price.

What is Goodwill?

Goodwill is the difference between the total value of a business and the value of inventory, equipment and other "hard" assets. Every business has goodwill unless it is closed down or failing badly. The amount to pay for goodwill depends on the cash flow of the business and its general attractiveness. If buyers did not pay for goodwill, sellers might as well sell off their equipment and close down rather than sell as an on-going business.

What is Discretionary Earnings?

Discretionary earnings are usually defined as profit before income tax, depreciation, interest and owner's compensation and other owner benefits. This is the amount of money the owner has available to pay himself, to invest in additional equipment, to make the note payments on the business and pay taxes.

Are there tax benefits in buying a business?

Usually you can take a tax deduction for depreciation on the fair market value of all furniture, fixtures, and equipment at a much faster rate than real estate. The Covenant Not To Compete and the value of training are tax deductible, frequently at high levels. Finally, most businesses have deductible expenses that add to the owner's cash flow. Always discuss tax issues with a qualified tax professional.

Why not just start my own business?

Government surveys show that over 80% of new businesses fail in the first 3 years, for reasons such as poor location, low product quality, under capitalization, and lack of management skills. This risk can be eliminated by purchasing a quality business with a proven cash flow.

Why use a Professional Intermediary to help purchase a business?

Presenting opportunities for your review allows you to consider situations that you would have an interest and match your own personal acquisition criteria. Using an Intermediary also allows for confidentiality during the initial stages of the buying process. Allowing a professional to lead you through the steps to buying a business will ultimately give you the peace of mind that your interests were protected and your investment well directed. Choosing an individual who is professionally trained, has made a full-time commitment to their career, has access to the largest data base on comparable business sales in the world, and can be trusted to work for your best interest, means you have chosen a VR Business Intermediary to work with you.

Florida Coastal Brokerage, Inc.

Serving North East Florida since 1985