After showing a slight improvement in 2012 versus 2011 in small business transactions, the 1st quarter of 2013 has started with a bang!
According to BizBuySell, the internet’s largest business for sale marketplace, small business transactions increased by 56% over the 1st quarter of 2012. The number of transactions reported represents the highest number of businesses sold in a quarter since the 2nd quarter of 2008!
Financials Strengthen
Sales price on transactions, as well as revenue and profits reported in those transactions, all increased significantly in Q1 2013. Sales prices increased by over 20% in year over year comparison.
Dallas / Fort Worth area shines!
In reviewing the total number of business transactions during 2012, the Dallas – Fort Worth metropolitan area reported the sixth largest number of transactions in the country during that period.
There are many factors to consider when determining the right time to sell a business. Clearly, the economy is one factor, and in particular, the market place for business transactions. The last few years have been a very difficult time to maximize the sales price for a business, but we are now seeing the pendulum swing back in the right direction. 2012 marked the third year in a row for improvement in the market place, and Q1 2013 report is further validation of the continued improvement. However, that doesn’t mean that it is the right time for every business. Let us help you assess your business, and help you determine if you are positioned properly to maximize the sales price for your business!