This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million.
<$500K: Buyers in this sector were:
• First time buyers (39%), serial entrepreneurs (34%), or existing companies (25%)
• Motivated to buy a job (40%), gain a horizontal add-on (29%)
• Located within 20 miles (63%) or more than 100 miles (21%) of the seller’s location
Source: IBBA & M&A Source Market Pulse 2021 Q1 (published 5/26/2021)
#DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen #MASource #IBBA #MarketPulse #MainStreet