Selling a Florida Gym: The Health Studio Bond Comes Back at Closing
Florida’s Health Studio Act exempts long-running gyms from the $25,000 bond — but the exemption requires the same ownership for five years. A sale resets it at closing.
Florida’s Health Studio Act exempts long-running gyms from the $25,000 bond — but the exemption requires the same ownership for five years. A sale resets it at closing.
Florida founders often hold stock in revocable trusts. How the trustee signs, what a 736.1017 certification proves, and who stands behind the reps.
Fla. Stat. 501.059 gives text recipients a $500-per-violation private right of action. Why FTSA exposure belongs on every Florida M&A diligence list.
A Florida security agency sale runs through Chapter 493: the Class B agency license, the MB manager rule, and five-day officer filings after an equity closing.
Fla. Stat. 509.241 makes DBPR lodging licenses non-transferable. What Florida hotel buyers need before day one: new licensure, tax clearance, reservation math.
Fla. Stat. 473.309 requires CPAs to hold 51% of a licensed firm’s ownership and voting rights. How PE accounting roll-ups structure around it in Florida.
Fla. Stat. 57.105(7) makes one-sided attorney fee clauses mutual. Where it bites in M&A ancillary documents and how to draft around it.
Under Fla. Stat. 542.335(1)(f), an asset buyer cannot enforce the target’s noncompetes unless the covenant expressly authorizes assignee enforcement.
Most Florida marina docks sit on state-owned submerged land under a sovereignty lease. Why the lease — not the uplands — drives diligence in a marina sale.
Florida’s § 448.095 requires private employers with 25+ employees to use E-Verify. In a deal, it shapes diligence, asset-deal onboarding, and indemnity structure.