BizBuySell.com the Internet's largest business-for-sale marketplace, reported today that small business transactions remained at high levels in the first quarter of 2014, continuing the growth trend that began in Q1 of 2013.
Participating business brokers reported 1,726 closed transactions in Q1 2014, marking the fifth straight quarter to exceed 1,600 transactions, a benchmark that had not previously been reached since before the start of the Great Recession in 2008. In fact, immediately after the recession began, reported transaction activity dropped significantly, with transaction totals for 2009 and 2010 dropping to an average of 1,126 reported transactions per quarter. There was only a very small improvement in the next few years as an average of 1,182 businesses changed hands per quarter in 2011 and 2012. At the outset of 2013, the recovery finally truly took hold and in the last 5 quarters, an average of 1,756 small businesses have closed, an average of 52% more per quarter than seen during the 2009 to 2012 period."
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For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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