As Business Owners Retire and Cash Out, Minorities Step In

Guess who is most likely to sell a business today? According to a recent study by the business-for-sale marketplace, BizBuySell, 86% of those selling businesses are Caucasians. These sellers tend to be Caucasian Baby Boomers who are ready to retire and cash out by selling their businesses.

And when they sell, more minorities these days are stepping in as the buyers.

True, the buyer’s market for businesses is still majority led by whites. But a smaller percentage of Caucasians are interested in buying than in selling a business. So as Caucasians cash out and head for the golf courses and other retirement, more minorities are taking their places.

These minority buyers are different, too, in more than just ethnicity. They tend to be younger than Caucasians.

Read more at:
As Business Owners Retire and Cash Out, Minorities Step In:

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.