Is it the Right Time to Sell Your Business? | Fox Small Business Center

"The market for buying and selling businesses is looking more attractive today, according to a new survey.

A strong majority (80%) of prospective buyers feel confident they would get an acceptable price in the current market, and 65% of sellers feel they could also find a price that meets expectations, according to a recent survey conducted by BizBuySell.com, an online marketplace for for-sale businesses.

“This industry got decimated through the recession and from 2008 to 2012, but in 2013 it’s picked up significantly,” says Josh Sevick, a managing director with Sunbelt Network, a business brokerage firm.

“One of the reasons why you had such poor results around the recession, is that businesses weren’t making a lot of money. These transactions are typically valued off the profitability, and as the profitability went away, valuations tanked,” says Sevick.

Now that profitability is back up, he says more business owners – who often view their companies as their retirement nest eggs – are willing to cut out a little early."

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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.