After only slight increases from the middle of the recession in 2009 to 2012, 2013 saw a significant bump in the number of small businesses changing hands. The economic recovery, strong supply and demand fundamentals, improved lending options and continued improvement in small-business financial performance all combined to create the best transaction market in many years.
BizBuySell.com data showed that business-for-sale activity jumped 49 percent in 2013 compared to 2012. Additionally, small businesses are bringing in more revenue with improved cash flow. As a result, the median sale price is the highest it's been since before the recession.
But what does all this mean for selling a convenience store in 2014? Here are a few key issues to think about when considering a sale this year.
Business brokers expect more sellers, transactions in 2014
Read more at:
Consider This Before Selling Your Convenience Store in 2014 - Real Estate - Convenience Store News: "
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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