According to BizBuySell.com, the Internet’s largest business-for-sale marketplace, all statistical data regarding the Business Transaction Market Place continues an upward trend.
The number of closed transactions reported through the 3rd quarter of 2018 has increased by 8% over the first 3 quarters of 2017!
More importantly for Business Owners, sales prices continue to increase as well. BizBuySell.com also reported that sale prices of businesses sold in the third quarter of 2018 reached new highs. Median Sales prices on transactions reported in the 3rd quarter increased 10.7% from the same period last year! The record sale prices are directly related to stronger business financials which also hit new levels in Q3. With buyers able to offset increasing prices by acquiring healthier businesses, the result is a well-balanced market.
The market place is also seeing good diversity across the various industry segments is indicated by the chart below.
BizBuySell’s 2018 Buyer-Seller Confidence Index supports the idea of an equally beneficial market to both buyers and sellers. In fact, buyers are slightly more confident in today’s business-for-sale market than last year. While seller confidence remains unchanged compared to 2017, 60 percent of owners said they are confident they would receive an acceptable sales price if they exited today.
“The foundation of small business is about taking advantage of opportunity,” said Bob House, president of BizBuySell.com and BizQuest.com. “To be in a place where both buyers and sellers are able to capitalize without the other party losing out is fantastic and a testament to the strong will of entrepreneurs.”
Is your business creating maximum value?
Complete the “Value Builder” questionnaire today in just 13 minutes and we’ll send you a 27-page custom report assessing how well your business is positioned for selling. Take the test now:
