How Much Is Your Florida Ice Cream/Yogurt/Ice Business Worth?

A question on the top of every business owner’s mind is, “how much is my business worth?”

If you own an ice cream, yogurt, or ice business this information was prepared for you. Here are some numbers for you to ponder:

11 = the number of ice cream/yogurt/ice businesses sold in the last twelve months by the Business Broker of Florida Association members.

$265,229 = the average revenue of the 11 sold ice cream/yogurt/ice businesses.

$108,250 = the average sold price of the 11 sold ice cream/yogurt/ice businesses.

$63,810= the average owner benefit generated in each sold ice cream/yogurt/ice business.

0.41 = the revenue multiple (sold price divided by revenue) of the 11 sold ice cream/yogurt/ice businesses.

1.7 = the owner benefit multiple (sold price divided by owner benefit) of the 11 sold ice cream/yogurt/ice businesses.

96% = the average percentage down payment of the 11 sold ice cream/yogurt/ice businesses.

276 = the average number of days on the market of the 11 sold ice cream/yogurt/ice businesses.

What does this mean?

Ice cream/yogurt/ice businesses are in demand. And, in spite of a more conservative and cash strapped buying clientele, they are still paying near historical multiples with a percent down not realized in many other industries. If you have been contemplating selling your ice cream/yogurt/ice business, now is a great time! Please contact me for a no obligation discussion.

For a complimentary consultation:
Contact  Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com