It’s A Good Time To Sell A Business. And A Good Time To Buy One, Too

For the third quarter in a row, small-business transaction activity is one the rise
By Curtis Kroeker on | October 30th, 2013

Good Time to Buy and Sell a BusinessMore good news for small businesses, as sale prices continued to rise and the volume of closed transactions improved significantly for the third straight quarter.

According to BizBuySell’s Insight Report, small business transactions jumped 41.7 percent in the third quarter of 2013, compared to the like period of 2012. Both the restaurant and retail categories led the charge, with restaurant transactions increasing 109.4 percent and retail deals rising 60.9 percent. In total, 1,685 closed transactions were reported in Q3 2013, a significant spike over the 1,189 transactions recorded in Q3 of 2012. It’s the third straight quarter that sales have been on the rise.

What’s behind the spike? For one thing, the economic recovery has continued to take hold. That’s led more baby boomer business owners, who have been sitting on the sidelines in a soft market, to list their companies. Would-be buyers also have reentered the market, thanks to newfound economic confidence. Additionally, with home and stock values up and capital access finally improving, buyers are better able to make the down-payment and secure the loan needed to buy a business.

Read the full article here.

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