BizBuySell, a leading business for sale website used by business brokers such as Sunbelt, reports that small business transactions are on pace to reach a record high in 2014. BizBuySell has been tracking small business sales since 2007. Their most recent report, which polls business brokers nationwide, shows:
- 18% surge in small business sales
- Median sale price of businesses is up 5% over the same period last year
- More business sales are benefiting from the return of bank financing
- Sellers are receiving the highest percent of asking price since before the 2008 recession
- Multiples of cash flow that sellers are receiving for their businesses jumped by 9% in the last quarter
The data clearly shows now is a good time to sell. New listings at Sunbelt are up 30%+ as business owners who delayed selling during the recession decide to take advantage of these favorable marketing conditions.
Also, sellers who had been working with a buyer they identified (employee, partner, competitor, etc.) are deciding that they want to make sure they talk to multiple buyers to secure the best price and terms.
Whether you are working with a buyer already and want help, are interested in taking your business to market or just want to gauge the value of your business on today’s marketplace, Sunbelt can help. We sell more businesses than any firm in the world and would be happy to help you too.
