Business Sales Surge in Q3
The third quarter saw robust activity in business acquisitions, with sale prices climbing in key sectors. Despite variations in transaction volume, buyers are paying premium prices, creating a seller-friendly market.
Sector Highlights:
Services: 16% increase in median sale price
- 18% revenue jump, 21% cash flow growth
- Couriers and auto repair shops leading the charge
Manufacturing: 20% increase in transactions
- Stable prices with 2% rise in cash flow
- Food products, printing, and signage showing strength
Retail: 11% increase in median sale price
- Continued buyer interest despite 4% drop in transactions
- Slight margin squeeze with 2% cash flow dip
Restaurants: 15% growth in acquisitions year-over-year
- Covid is out of the picture, and consumers are spending
- Attractive option for entrepreneurs looking to build
What does this mean?
Waiting on an election, interest rates, or the perfect buyer to come along only diminishes your chances at your most successful exit. Secure your retirement by planning ahead, getting a valuation, and understanding what the market is actually saying.
