2014 ended on another high note for the business transactions market place. The total number of business transactions in 2014 exceeded 2013 numbers by over 15%. Bizbuysell.com, the internet’s largest business-for-sale marketplace, reported earlier this month that fourth quarter small business transactions remained at high levels, exceeding the same period in 2013 by over 12%!
The number of closed business transactions has continued to improve each year since the recession, and has for the second straight year recorded the highest number of closed transactions reported since Bizbuysell began reporting the information in 2007.
More importantly for Sellers of small businesses, the median sales price also continues to rise, growing 14% percent in the 4th quarter of 2014 compared to the same period in 2013. Much of this increase is directly related to the fact that revenue and cash flow for businesses sold continue to increase – resulting in higher sales prices. The median cash flow of businesses sold also increased in the 4th quarter of 2104!
With revenue and profits increasing, sellers receiving higher multiples, and at the same time business transactions continuing to increase, all indications are that we are slowly shifting to a Seller’s market!
Is the time right for you to considering selling your business? Curious to see how you might improve the value of your business to both strategic and financial acquirers? Complete the Sellability Score questionnaire today and we’ll send you a 27-page custom report complete with your score on the eight key drivers of Sellability. Take the test now: