BizBuySell’s Insight Report for 2017
Some interesting stats from BizBuySell’s 2017 Insight Report regarding business sales…
Small Business Transactions Reached Record Highs in 2017, up 27 Percent from 2016, According to BizBuySell.com Report
BizBuySell.com’s Fourth Quarter 2017 Insight Report shows strong second half of 2017 boosting business-for-sale market to new highs as businesses continue to thrive in today’s strong economy.
San Francisco, CA – BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported today that annual small business transactions ascended to record highs in 2017, exceeding previous highs set in 2016 by 27 percent. The full results are included in BizBuySell’s 2017 Q4 and year-end Insights Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.
This year’s increase marks a noteworthy upward shift in the number of small businesses changing hands across America. For several years after the 2008-2009 Great Recession, sales volume remained low as small businesses struggled financially and capital for financing remained tight. Beginning in 2013, as the economy recovered, closed transactions have steadily increased. But 2017 represents a significant increase, with 9,919 closed transactions reported compared to the 7,842 in 2016. This year-over-year growth rate is the largest since 2013.