Businesses Selling within 3 Years

This is an interesting article that says a survey found as the baby boomer generation start to retire, many business owners plan to sell and head for retirement. It found that many businesses across America will be up for sale within the next 3 years, and also that 82% of owners have actually been approached to sell their business. With a buyers market at the moment there could be a lot of businesses changing hands in the near future!

Most business owners plan to sell within 3 years
"With millions of baby boomers approaching retirement age, 80 percent of business owners in the U.S. are now considering selling their firms, according to a new survey.

Of the owners that are considering selling, 75 percent anticipate doing so within the next three years. The survey, which was conducted by the University of Dallas School of Management and GW Equity, questioned more than 200 owners of businesses with revenue between $1 million and $150 million". Reuters

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