Study: Nearly 50% More Businesses Sold in 2013 | Fox Small Business Center

"Sales of small businesses grew 49% in 2013, according to a new report by business-for-sale marketplace BizBuySell.

Business brokers reported over 7,000 small business transactions in 2013, up from 4,730 in 2012. Sales of restaurants and retail stores led the pack, with restaurant transactions growing by nearly 80% year-over-year.

“2013 was the year that everyone in the small business community was waiting for, after four years of pretty suppressed activity throughout the Great Recession,” says BizBuySell GM Curtis Kroeker.

Thanks to the improving economy, there are now more buyers who are financially able to purchase existing businesses. And Baby Boomers who may have delayed selling their business during the economic recession are now interested in putting their companies on the market. The median sale price was up 13%, rising to $180,000, but Kroeker says it’s still a buyer’s market when it comes to small businesses."

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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.