If you're under 40, there's a one-in-six chance that someone will offer to buy your business this year. There's also a good chance that offer will be a sham.
Over at www.SellabilityScore.com, we just analyzed 9,779 businesses that have completed their Sellability Score questionnaire of late and we discovered that the younger you are, the more likely you are to get an offer to buy your business.
The difference is significant.
Of all the businesses we analyzed, 11.6% had received an acquisition offer, and this figure was similar across most age cohorts: 11.5% of 60+ entrepreneurs had received a buyout offer, 9.2% of 50-59 year olds, and 11.2% of 40-50 year olds. The outlier was those business owners under the age of 40 where we found that fully 16.2% had received an offer.
Read more at:
Are Founders Under Age 40 Getting Scammed? | Inc.com:
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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