Southwest Florida Business Brokerage Services
Business Brokers in Naples, Fort Myers, and Southwest Florida
In Southwest Florida, business brokerage is an often not considered part of a commercial real estate brokerage practice. But for Dougall McCorkle and Darren McCorkle of Naples-based Premier Commercial business brokerage represents one of the fastest growing segments of what they do.
In addition to their focus on commercial real estate, a significant part of their practice has come to include acting as business brokers in sales and merger and acquisition (M&A) activities representing both buyers and sellers in Naples, Fort Myers, and Southwest Florida as a whole. Since commercial real estate can be very quantitative and typically involves understanding the business dynamics of the tenants, sellers, and buyers that they work with, business brokerage has been a natural extension and progression for the team.
The skills needed for being a true business broker are much more advanced than just marketing a piece of real estate. When acting as a business broker it is critical to have a sophisticated and in-depth understanding of financial statements, market positioning, competitive positioning, and corporate finance. McCorkle comments that the Southwest Florida area has always had a deficit of such talent and they look to fill that void.
Their general focus is on established and profitable businesses in Naples and Fort Myers that have sales of at least one million dollars and up. They will also happily assist business owners in other areas of Southwest Florida with their business brokerage needs. No business is too large nor complex. For those businesses that are in the $5 million and up net income range they also offer their established relationships and contacts with over 200 private equity groups nationally. McCorkle comments that ‘we can speak their language and can help position and company align with the right buyer.
The marketplace for sellers of businesses in Florida, especially Naples and Fort Myers, is particularly strong right now given the large and ongoing population migration from the North. Businesses are selling for multiples that are clearly at the top of historical ranges.
As part of this unique brokerage niche comes the necessity of confidentiality, so any referrals and inquiries will be treated as such. Please call Dougall at 239-860-3368 for more details, or click here for complete contact information. Or if you’re looking to invest in real estate click here to learn about the essentials of Single Tenant Net Lease properties.