America’s Best-Selling Businesses: What People Bought in 2015 and How Much They Paid

BizBuySell, the Internet’s largest business-for-sale marketplace, has released its 2015 fourth quarter Insight Report, reporting closed transaction data for the U.S. business-for-sale market. Transactions stabilized in 2015, with the year ending at 3.6 percent below 2014’s record of highest number of reported transactions since BizBuySell first started tracking data in 2007. Full details are included in the BizBuySell 2015 Insight Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.

A total of 7,222 closed transactions were reported in 2015, slightly below the 7,494 reported in 2014. At the same time, median sale prices grew in 2015, with sold businesses averaging higher cash flow and higher revenue than in 2014. This suggests that the large influx of business owners holding off on selling until after the recession may have peaked in 2014, leaving a more stabilized market with a strong inventory of high quality, financially healthy businesses that receive higher asking prices. The Florida panhandle led the pack of the highest number of businesses changing hands, followed by the North East metros and then Southern California.

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Retail businesses continued to lead the pack as the most popular category of business bought and sold, with restaurants being the most popular sub-category, receiving an average sale price of $155,000. Convenience, liquor and other food stores were close behind, with convenience stores receiving an average sale price of $170,000 and liquor stores receiving an average sale price of $305,000. Service businesses are the second most popular category, with medical, dental and health services being the most popular sub-category, receiving an average sale price of $274,900. Laundromats and dry cleaning services are also hot sellers, receiving an average sale price of $175,000.

 

5 Comments on America’s Best-Selling Businesses: What People Bought in 2015 and How Much They Paid

  1. I’m glad that Healthcare sector is in the lead of the Service Sector, but concerning is that the retail sector is still in the lead at all. Although the spread of the store sector is a sign that people have more money to spend, we should be more preoccupied about growing the manufacturing sector to have really a healthy economy. The healthcare sector is a sign that the people have more money to take care of themselves.

  2. Good information. I was surprised to see Internet businesses so low.

  3. My guess is that there were over 90,000 businesses listed each year on BizBuySell during 2014 and 2015. If only 7,222 are known sales during one year, that’s just 8%. Assuming that many are not tracked as sold, I imagine the “real” figure is still under 20%. To me, this is not a failure of BizBuySell, but normal for many years. Shocking, however, when you think about it.

  4. chuck Ryan // May 16, 2016 at 4:34 pm // Reply

    I’m appraising a retail busness in garberville California and searcing for closed busines sales so as to extract a cap rate and multipliers. This business is grossing about $2,000,000 per year and sells equpment to cannibis growers. Do you have comparable sales that can be purchased.
    Thanking you in advance
    Chuck Ryan, Ryan Valuation services.

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