Djb Realty, LLC Blog by David J. Britton, broker/owner

Downtown Tampa Beer Garden Pub available for purchase / 55k with owner financing available

2010-03-15T12:24:00Z

DJB Realty, LLC has been engaged to facilitate the offering of sale for a local Beer Garden located in Downtown Tampa Bay, FL. The offering price has been initially set at $55,000 which includes all FF&E, Leasehold, Inventory, and Goodwill. Owner financing is available with 35k down payment.

The Beer Garden serves a wide selection of Ales, Porters, Lagers, and Imports from around the world. Several independent brands are also available. There is simply a choice for all beer fancies.

The motif is that of a cool brisk mountain top, as though you have "arrived". Eclectic and unique, one of a kind, yet very warm atmosphere.

Convenient to all and located in prime downtown area, close to St. Pete Times forum.

Full turnkey business that is ready for a new owner to enjoy.

To receive non disclosure agreement for more information, contact "Diamondave" Britton, broker at DJB Realty, LLC. Email to Dave@DjbRealty.com, and contact 24/7 at 813-469-9120. See full tour of this and other businesses available in Tampa Bay, FL at www.DjbRealty.com.

Commercial Real Estate Opportunities here now

2010-03-01T13:21:00Z

OK....let's get something straight off the bat. I am NOT talking about the REOs, hidden commercial notes on the balance sheets or the 40-45% of the Two Trillion in paper coming due from now till 2012............

I am talking about something MUCH BIGGER................

There is currently talk by our leaders which could CHANGE THE DEDUCTIONS and TAX STRUCTURE for companies that lease commercial space. There is a possibility that this could occur this year!

In a nutshell (and very basically explained here...please consult your CPA), the proposed rule would make corporate companies keep the same amount of reserves on the balance sheet as a credit to reflect the same amount of expenditures of THE FULL LEASE paid in order to deduct amounts paid against gross income! WOW! This is HUGE! This would in effect COMPLETELY ELIMINATE THE BENEFIT OF LEASING IN A SWIPE OF A PEN! The company's would simply BUY their spaces instead of LEASING and depreciating 100% of build out costs.

Light bulb go off yet?

Think of it like this.........

All the companies that lease, i.e., Wal Mart, Target, Restaurants, Groceries, your local retailer, Auto Malls, etc...would receive NO BENEFIT to leasing and would have to place THE FULL LEASE amount in reserves to be able to get a deduction.

Answer....they will.

Thus supply vs. demand will shift dramatically to demand as corporate America rushes to eliminate supply.

This could be the single LARGEST change in commercial real estate that we have seen in our lifetimes. It is too large to overlook. It could be this single item that could catapult us into a new GROWTH SURGE that could last 20 plus years!

Now you know....only question is...what will you do with it?

Time to Buy a Business? / www.DjbRealty.com

2010-02-16T14:19:00Z

Everyone who has a pulse is aware that these have been tough times in the economy over the past few years. The question is this...."Has this presented businesses worth buying"?

In an answer...yes AND no.

The yes argument states that you can now purchase a business at a fraction of there asking price only a year ago. Common restaurants that were offered at 250k plus can now be bought for under 100k. Some franchises can be bought for 1/3rd of buildout cost! WOW!

So on a simple asset test the answer is an easy yes...

The no argument states that the reason that you can buy a business at a fraction of yesterdays price is simply that the last good revenues were...well in a word...yesterday. With most small businesses losing money or at best making a little...why buy now?

It comes down to this...

Your PERSONAL risk vs. reward.

Is it worth the risk for you to buy now at discounted prices while carrying loses or waiting for the economy to turn? Only you and your team can answer that.

the only other answer is to wait for your desired business to be spinning off tremendous cash flow and the economy to be flourishing....however the businesses will then be selling at a Premium instead of a discount.

Either way....it has to meet your goals and objectives.

Have a great day!

DJB Realty, LLC is a entrepreneur business brokerage located in Tampa Bay, FL. Services offered can be viewed at www.DjbRealty.com.

Leverage, the Nice? word again? / www.DjbRealty.com

2010-01-25T13:28:00Z

Leverage.?!!

Oh....boy. I can already see the hate mail coming my way. Leverage?!! Are you kidding me Diamondave?!! Isn't that what got us into this whole mess to begin with??!!

To answer.....YES. Yes is it a part of what caused a huge leverage bubble to be created and is now deflating.

However......this is EXACTLY why it is time to Leverage now.

Huh....???

Most people understand fairly easily that residential homes are being given away at 30-50% of their prices just 24 months ago. Most of these prices represent values BELOW the raw cost of the materials....and valuing the land at zero.

The problem with the above statement is most people can't qualify for a loan to purchase the homes!

So the question is this.........

How can the average person exploit the opportunities in today's market and avoid the banks altogether?

The answer is to broaden your search to main street businesses.

Most businesses on the market today are drastically below their peaks (some as much as 90%!) and the best thing is this......

MOST OFFER SELLER HELD NON-QUALIFYING FINANCING!!!

To good to be true? Answer is yes and no. (I know political answer). The Yes to the answer is that you must understand your PERSONAL risk vs. reward levels. Understand that most businesses in todays economy are losing money or at break even. If a company is spinning of a healthy owner benefit, the offering price will reflect as such. The items to consider is the business forecast. Can the business losses added to the purchase price provide the desired return on invested capital while maintain the risk parameters that you seek?

In today's tight lending society, it is very difficult to obtain financing through conventional means for the purchase of a business (especially one that is cash flow negative). The offering of a seller held note can give the main street business owner the LEVERAGE needed that is normally not available.

Always take time to complete good due diligence before entering into any contract. Get the advise of your TEAM.

DJB Realty, LLC is a boutique entrepreneur business brokerage. Visit www.DjbRealty.com for more information.

Price Reduced on SPORTSBAR in USF & Busch Garden Area!!!

2010-01-21T22:23:00Z

Busch Garden Area, Tampa - Announcing a price reduction on 5016 E Busch Blvd, a 3,500 sq. ft. commercial ""Business Only"". Now MLS® $105,000 - REDUCED! Asset Sale! WOW!.

Property information

SportsBAR For Sale in USF & Busch Garden Area

2010-01-10T17:19:00Z

SportsBAR by USF & Busch Gardens!!

• 3,500 sq. ft. commercial ""Business Only"" - MLS®$115,000

Busch Garden Area, Tampa - ** BUSINESS ONLY / NO REAL ESTATE INCLUDED / ASSET SALE ** SportsBar Available. Complete & Turnkey. Full kitchen with hood system, tri-fryers, bread oven, cooktop, walk in cooler, prep tables, & equipment. POS System, MultiTap Kegarators, Glass Sliders, Owned Pool Tables, Booths, Tables, Chairs. 4 Bathrooms, Office, Xtra Large Bar with stools. Newly Painted in USF colors. Multiple TVs, security cameras, storage, and speakers. Freshly Cleaned & ready for owner/operator to bring menu, marketing, & business plan.

Located on heavily travelled main road on corner retail strip parcel. New anchor tenant has Grand Opening this month. Strip center is fully occupied. Very close to University of South Florida & Busch Gardens Ammusment Park.

Exceptional opportunity for Restaurant/Bar purveyor with marketing abilities. Business is open and has been operational since 1993. Current owner is offering business as an Asset Sale only which has been reflected in offering price. Owner will entertain all reasonable offers. Possible transfer of existing seller held note financing with note holder approval.

For further information, please forward Non-Disclosure Agreement found under Attachements Tab on the left with a copy of photo ID via scan & email to Dave@DjbRealty.com, if prefered fax to 813-991-7756.

Property information

ALERT!! Federal Reserve has been slowing the buying of Treasuries...........reported on CNBC yesterday!!

2010-01-07T13:30:00Z

This news is HUGE for anyone looking at purchasing anything!!

Basically, if the FED is slowing its purchase of Treasuries...........we will start to see interest rates go up.

If anyone is looking to lock in rates, make an offer, or purchase.....MOVE soon!!

Rates look to be heading higher...

HAPPY NEW YEAR!

2010-01-01T16:21:00Z

From all of us at www.DjbRealty.com, Happy New Year! May all your Dreams come true!

Liquor Store For Sale in Trinity / only 25k + Inventory down, 225k SBA loan in place!

2009-12-29T04:20:00Z

LIQUOR PACKAGE W/ LOW DOWNPAYMENT!!

• 1,300 sq. ft. commercial ""Business Only"" - MLS® $250,000 - 225K SBA LOAN!!

Trinity, Pasco County - **BUSINESS ONLY / NO REAL ESTATE / LOW DOWNPAYMENT** SBA transfer of financing (subject to approval) of 225K. Well appointed liquor package store located in Trinity area. Walk in cooler, gandolas, cigar humidors, POS system, customers, & financing make this true turnkey for the owner operator looking to grow a business. 3AP license is included. Inventory of 95k is NOT included in asking price. **Please download & forward non-disclosure agreement located in the attachements for release of location and/or financials. Fax non-disclosure to 813-991-7756 or scan and email to agent at dave@djbrealty.com. Include photo ID with non-disclosure please** Owner is licesned agent.

Property information

Merry Christmas and Happy Holidays from www.DjbRealty.com!

2009-12-24T22:59:00Z

Everyone at www.DjbRealty.com would like to wish all the Entrepreneurs out there a Merry Christmas and Happy Holidays!

The NEW "short sales"......distressed businesses / www.DjbRealty.com

2009-12-19T20:37:00Z

Did you miss the boat on the residential "short sale" explosion?

If you are one of those who are filled with the "I only shoud have", "If only I had...", etc. etc.....

then take this as EARLY Alert.........

Think Business "short sales".

Though most businesses do not have mortgages on them, there are many that have seller held financing, 1st leins, equipment leases, vacant tenants, landlord claims, etc. The vast and enormous range of this market will dwarf what was experienced in the residential short sales which we saw.

These next few years will mark a phenomial opportunity for the quick and savy entrepreneurs. There has simply never been a time in history that so many "turnkey" operations are possible to obtain at pennies on the dollar.

HOWEVER..........

Understand that there is various degrees of risk in ALL business transactions. Meet with your professional TEAM and review your risk paramiters to make certain you know your upside vs. downside BEFORE you enter a business.

We may not see this rare occurance of risk vs. reward at this level in our lifetimes again.

Simply put....it is worth the time and effort to explore further.

Djb Realty, LLC is a boutique licensed business brokerage & commercial investment real estate firm located in Tampa, FL. www.DjbRealty.com.

Djb Realty, LLC Online Store Now Open / www.cafepress.com/DjbRealty

2009-12-10T11:16:00Z

Djb Realty, LLC has officially launched its online storefront showcasing items with the Djb Realty, LLC Logo. From T-Shirts to BeerSteins, there is something for all.

Take a moment and view something for yourself or a gift for a friend at our online shop;

www.cafepress.com/DjbRealty

Have a great Day!

Price Reduced!! BEER Lovers BAR for Sale in St. Petersburg!

2009-12-07T19:05:00Z

Central Avenue, St. Petersburg - Announcing a price reduction on 2061 Central Ave, a 1,800 sq. ft. commercial "Business Only". Now MLS® $39,500 - Beer Pub UNDER 50K!!.

Property information

"Key West" Style Waterfront BAR / Tavern with Boat Drive in Service!

2009-12-04T12:29:00Z

If living the Florida dream lifestyle is your paradise, you must see this business offered on www.DjbRealty.com.

They say pictures are worth a thousand words so click here;

http://www.djbrealty.com/Listing/ViewListingDetailsAuthenticated.aspx?ListingID=8609532&Preview=false&TabID=2247587

Is now the Best time to Buy a Business?

2009-11-26T00:44:00Z

We have all seen the news reports that now may be a great time to buy a home with low interest rates, forclosure prices, and flexible sellers. I have to ask though, where are the stories say now is the time to buy a busiess?

Let's look at a quick example.....

There are many businesses that are being sold for LESS THAN YOU CAN START FROM SCRATCH! This effectively places a large portion of businesses valued at LESS THAN ZERO if compared as a start point basis. Simply put, this is a fairly rare occurance on suge a large scale. When putting a value on FF&E, Leasehold, License & Permits one should compare this to starting from scratch. In alot of offerings, the business buyer today is receiving all goodwill and sometimes leashold almost for FREE.

Understand that there is added risk for this opportunity though as most companies that are offered at these values are not performing at optimal levels, however when properly forcasted in a business plan, it may be in the risk/reward paramaters that are worth pursuing.

Always get the added advice of your TEAM when considering if a purchase is right for your unique situation.

Djb Realty, LLC is a boutique Business Brokerage firm in Tampa, FL. www.DjbRealty.com