BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported today that the number of annual small business transactions stabilized in 2015, ending the year down just 3.6 percent from 2014’s record high.
A total of 7,222 closed transactions were reported in 2015, nearly matching the 7,494 transactions in 2014, which was the highest year-end total reported since BizBuySell started tracking data in 2007. Part of the reason transaction activity stabilized in 2015 may be that small businesses continue to grow financially healthier, allowing owners to ask for more money, creating a more balanced market.
Noted statistics from the report are:
- Average revenue for businesses sold in 2015 increased by 8% over 2014.
- Average Net Income reported by businesses sold in 2015 increased by 2% over 2014.
- Average sales price for transactions reported in 2015 increased by 7.6%
- The Dallas / Fort Worth metro area reported the 5th highest number of transactions out of the top 67 markets in the US.
The breakdown of business transactions by broad categories are as follows:
- Retail 50%
- Service 38%
- Manufacturing 5%
- Internet/Tech 3%
- Wholesale/Distribution 8%
- Construction Related 8%
The top 5 individual categories for total transactions are as follows:
- Restaurants
- Health / Medical
- Dry Cleaning / Laundry
- Liquor Stores
- Business Services
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