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Best Time to Buy a Business is NOW?

Posted: October 4th, 2009 | Author: | Filed under: Investor Visas | Tags: | 1 Comment »

The old Dickens line, "It was the best of times it was the worst of
times…" really applies to buying a business in the Sarasota Bradenton
area at this time.

I have talked to numerous business brokers and prospective buyers and their comments are interesting.

The brokers report having a very difficult time pricing the businesses
and getting the owners to agree to a price, because nearly every
business reports lower income in 2008 and 2009 compared to 2007 and
earlier years.

The prospective buyers that I see are really working hard to fnd
businesses and there are a lot of buyers out there. But, they are
having a hard time finding a business they want to acquire. Due to the
uncertainty of future income levels, they are ultracautious and tend to
find one or more "critical flaws" that cause them to back away from the

Despite these challenges, I think that now may be the best time to buy a business.

The economy is causing a lot of business owners to reevaluate their
work lives and many businesses with strong potential can be purchased
for much less now than in prior years.

They key ingredients to making a deal seem to be finding a buyer with
enough resources to carry the business as it resumes growth and finding
a seller willing to accept that the sale price of the business should
be based on what it earns now and not what it earned in 2005, 2006,
2007 or what it may earn in 2011 or 2012.

For information about business brokers in the area, contact me at

Regional Center EB-5 News

Posted: October 2nd, 2009 | Author: | Filed under: Investor Visas | Tags: | No Comments »

Congress extended the Regional Center EB-5 Program once again until
October 31, 2009. Hopefully, a longer exension will be announced this

A Sarasota group has established an EB-5 Regional Center program ibased
n Sarasota that covers the whole state of Florida. This is the first
time that an EB-5 investor who wants to live in Sarasota or Bradenton
can invest his or her money close to home. I do not have any details on
the project yet, but their website is:

Successful Assisted Living Facility For Sale

Posted: October 1st, 2009 | Author: | Filed under: Investor Visas | No Comments »

The owner of a larger and very succesful assisted living facility in
the area contacted me to tell me that her business was for sale to the
right person. The owner is looking to sell so that she can focus on
religious persuits. For more info, email: