Strong Economy – Strong Buy-Sell Market
APRIL 26, 2019
PriceWaterhouseCoopers – Two-thirds of companies with sales of $5,000,000 to $50,000,000 will change hands in the next 10 years (2011). Record number of small business sales in 2018! This as per bizbuysell.com. More businesses sold after being advertised on bizbuysell.com than any other year, and 2017 was 25% higher than 2016. Our first question is: what is “small?” Well, the median revenue of these companies was about $500,000 and the median selling price was about $250,000.