Selling a Business in Florida

Selling a business in Florida means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. Florida has 645,575 employer businesses and about 3,427,341 more with no employees. This page covers the numbers, the steps and what buyers look for.

LOCAL SNAPSHOT

Florida by the numbers

645,575

645,575

EMPLOYER BUSINESSES

88%

88%

SMALL EMPLOYER SHARE

3,427,341

3,427,341

BUSINESSES WITH NO EMPLOYEES

9,988,508

9,988,508

EMPLOYMENT

$599.4 billion

$599.4 billion

ANNUAL PAYROLL

207,391

207,391

BUSINESSES WITH 5 TO 49 EMPLOYEES

U.S. Census Bureau, County Business Patterns 2023 and Nonemployer Statistics 2024. Counts are employer establishments, meaning business locations with paid employees.

How Florida compares

  • Florida ranks 3rd among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 13.9% between 2018 and 2023.

  • Real estate and rental makes up 7% of employer businesses in Florida, compared with 6% nationwide.

  • 207,391 employer businesses here have 5 to 49 employees.

  • Florida ranks 3rd among the 50 states and the District of Columbia for employer businesses.

  • The number of employer businesses grew 13.9% between 2018 and 2023.

  • Real estate and rental makes up 7% of employer businesses in Florida, compared with 6% nationwide.

  • 207,391 employer businesses here have 5 to 49 employees.

How a sale works in Florida

A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.

State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.

Rules that apply in Florida

Notice when assets are sold

Florida repealed its bulk transfer law, the part of the Uniform Commercial Code that once required a seller to notify creditors before selling most of a business's goods in one transaction. A Florida Senate bill note records that the chapter was repealed in 1993 by chapter 93-77, Laws of Florida. Tax exposure on a sale is handled by the separate transferee liability rules described below. Source: Florida Senate bill text and reviser's note

Sales tax and the buyer's liability

Florida's Department of Revenue says the former owner's unpaid sales tax may transfer to the purchaser of a business. This is called transferee or successor liability, which means the buyer becomes responsible for the seller's unpaid tax. The Department says this does not happen if it issues a Certificate of Compliance or conducts a transferee liability audit, which the seller requests on Form DR-842 or the purchaser requests on Form DR-843. Source: Department of Revenue tax clearance page

Permits and registrations

Florida law says a sales tax certificate of registration cannot be assigned to someone else. The statute says the certificate is valid only for the person or business it was issued to, so a buyer does not take over the seller's registration. Source: Florida Statutes section 212.18

Unemployment insurance account

Florida's Department of Revenue, which collects reemployment tax (the state's unemployment tax), says a buyer who acquires an existing business, in whole or in part, is required to file Form RTS-1S within 90 days of the acquisition. The form asks the Department to move the seller's experience rating records, the claims history that sets the tax rate, to the buyer. In a total succession the buyer takes on any past due reemployment tax owed on wages the seller paid. Source: Department of Revenue Form RTS-1S

These points come from official Florida agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.

A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.

State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.

Rules that apply in Florida

Notice when assets are sold

Florida repealed its bulk transfer law, the part of the Uniform Commercial Code that once required a seller to notify creditors before selling most of a business's goods in one transaction. A Florida Senate bill note records that the chapter was repealed in 1993 by chapter 93-77, Laws of Florida. Tax exposure on a sale is handled by the separate transferee liability rules described below. Source: Florida Senate bill text and reviser's note

Sales tax and the buyer's liability

Florida's Department of Revenue says the former owner's unpaid sales tax may transfer to the purchaser of a business. This is called transferee or successor liability, which means the buyer becomes responsible for the seller's unpaid tax. The Department says this does not happen if it issues a Certificate of Compliance or conducts a transferee liability audit, which the seller requests on Form DR-842 or the purchaser requests on Form DR-843. Source: Department of Revenue tax clearance page

Permits and registrations

Florida law says a sales tax certificate of registration cannot be assigned to someone else. The statute says the certificate is valid only for the person or business it was issued to, so a buyer does not take over the seller's registration. Source: Florida Statutes section 212.18

Unemployment insurance account

Florida's Department of Revenue, which collects reemployment tax (the state's unemployment tax), says a buyer who acquires an existing business, in whole or in part, is required to file Form RTS-1S within 90 days of the acquisition. The form asks the Department to move the seller's experience rating records, the claims history that sets the tax rate, to the buyer. In a total succession the buyer takes on any past due reemployment tax owed on wages the seller paid. Source: Department of Revenue Form RTS-1S

These points come from official Florida agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.

What buyers look for

Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.

  • How much of the business depends on the owner

  • How concentrated sales are among a few customers

  • The lease, its remaining term and the landlord's consent to a sale

  • The condition of equipment and the contracts that transfer

Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.

  • How much of the business depends on the owner

  • How concentrated sales are among a few customers

  • The lease, its remaining term and the landlord's consent to a sale

  • The condition of equipment and the contracts that transfer

Every kind of business we sell in Florida

We sell businesses in every one of these industries in Florida. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.

Construction & Engineering

75,044 related employer businesses in Florida.

  • General Contracting: 19,051 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 14,817 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 10,670 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 9,353 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 9,353 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6,492 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 5,260 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Foundation & Site Prep: 3,874 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 2,842 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 1,405 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 834 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 446 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

52,383 related employer businesses in Florida.

Medical Practices

49,768 related employer businesses in Florida.

Restaurants & Food

44,615 related employer businesses in Florida.

Retail Stores

30,998 related employer businesses in Florida.

Automotive & Boat

19,519 related employer businesses in Florida.

  • Auto Repair: 6,794 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 3,546 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 3,427 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 2,076 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 1,668 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Boat Dealerships: 838 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Towing & Repo: 648 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 522 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Home Services

16,738 related employer businesses in Florida.

Logistics & Transportation

16,461 related employer businesses in Florida.

Wholesale & Distribution

14,348 related employer businesses in Florida.

Beauty & Personal Care

12,953 related employer businesses in Florida.

  • Hair Salons: 7,534 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 2,869 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,869 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,869 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 1,742 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 808 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.

Manufacturing

11,325 related employer businesses in Florida.

Technology & Media

11,292 related employer businesses in Florida.

Gas Stations & Convenience

9,136 related employer businesses in Florida.

  • Gas Stations: 5,928 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3,208 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

  • Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

8,469 related employer businesses in Florida.

Hospitality & Travel

6,342 related employer businesses in Florida.

  • Hotels: 3,546 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 3,546 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 1,222 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 1,201 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 276 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 97 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Education & Childcare

5,364 related employer businesses in Florida.

  • Daycare Centers: 4,651 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 713 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

  • Preschools. Typical sale multiple: 3.12x - 4.0x SDE.

Entertainment & Recreation

4,329 related employer businesses in Florida.

  • Bars & Pubs: 1,835 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 1,835 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,479 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 624 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 293 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 98 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.

  • Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.

  • Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.

Health & Fitness

4,069 related employer businesses in Florida.

Senior Care & Living

3,671 related employer businesses in Florida.

Energy & Utilities

2,819 related employer businesses in Florida.

Pet Services

2,798 related employer businesses in Florida.

Land & Agriculture

39 related employer businesses in Florida.

E-commerce & Online Businesses

We sell businesses in every one of these industries in Florida. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.

Construction & Engineering

75,044 related employer businesses in Florida.

  • General Contracting: 19,051 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 14,817 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 10,670 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 9,353 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 9,353 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6,492 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 5,260 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Foundation & Site Prep: 3,874 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Roofing & Siding: 2,842 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Masonry: 1,405 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Carpentry & Framing: 834 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Remediation & Restoration: 446 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Financial & Professional Services

52,383 related employer businesses in Florida.

Medical Practices

49,768 related employer businesses in Florida.

Restaurants & Food

44,615 related employer businesses in Florida.

Retail Stores

30,998 related employer businesses in Florida.

Automotive & Boat

19,519 related employer businesses in Florida.

  • Auto Repair: 6,794 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 3,546 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 3,427 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Collision Repair: 2,076 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Washes: 1,668 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

  • Boat Dealerships: 838 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

  • Towing & Repo: 648 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Marinas: 522 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Home Services

16,738 related employer businesses in Florida.

Logistics & Transportation

16,461 related employer businesses in Florida.

Wholesale & Distribution

14,348 related employer businesses in Florida.

Beauty & Personal Care

12,953 related employer businesses in Florida.

  • Hair Salons: 7,534 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Day Spas: 2,869 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.

  • Tattoo Shops: 2,869 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Massage Parlors: 2,869 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

  • Nail Salons: 1,742 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

  • Barber Shops: 808 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.

  • Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.

Manufacturing

11,325 related employer businesses in Florida.

Technology & Media

11,292 related employer businesses in Florida.

Gas Stations & Convenience

9,136 related employer businesses in Florida.

  • Gas Stations: 5,928 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3,208 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

  • Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

8,469 related employer businesses in Florida.

Hospitality & Travel

6,342 related employer businesses in Florida.

  • Hotels: 3,546 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 3,546 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 1,222 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Travel Agencies: 1,201 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.

  • Campgrounds & RV Parks: 276 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

  • Bed & Breakfasts / Inns: 97 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Education & Childcare

5,364 related employer businesses in Florida.

  • Daycare Centers: 4,651 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

  • Tutoring Centers: 713 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

  • Preschools. Typical sale multiple: 3.12x - 4.0x SDE.

Entertainment & Recreation

4,329 related employer businesses in Florida.

  • Bars & Pubs: 1,835 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 1,835 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 1,479 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Golf Courses: 624 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Arcades & FECs: 293 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.

  • Bowling Alleys: 98 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

  • Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.

  • Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.

  • Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.

Health & Fitness

4,069 related employer businesses in Florida.

Senior Care & Living

3,671 related employer businesses in Florida.

Energy & Utilities

2,819 related employer businesses in Florida.

Pet Services

2,798 related employer businesses in Florida.

Land & Agriculture

39 related employer businesses in Florida.

E-commerce & Online Businesses

Working with owners in Florida

Business Advisors of America works with owners who are selling a business in Florida. Contact us to talk about a sale.

FREQUENTLY ASKED QUESTIONS

Questions owners in Florida ask

How long does it take to sell a business in Florida?

The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.

How is a business valued in Florida?

Valuation starts with the earnings the business produces for an owner, then adjusts for assets, size, industry and the terms a buyer is likely to accept. The result is a range, and the asking price is set inside it.

Is the sale confidential?

Buyers are asked to sign a non-disclosure agreement before they see the name of the business or its financial statements.

What should I prepare before listing?

Three years of tax returns and profit and loss statements, a current balance sheet, the lease, a list of equipment and a summary of key contracts.

What is the difference between SDE and EBITDA?

SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization, and it is used for larger businesses that run without the owner.

FROM OUR BLOG

Guides for owners in Florida

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article