Q3 2020 Market Pulse continues to find that a Business Owner Selling their business are looking to retire. Approximately 2/3 business owners who sold their business in Q3 for more than $500K shared retirement as their main reason for wanting to sell. Source: IBBA and MA Source Q3 2020 Market Pulse… Read More »Retirement: #1 Reason for Selling Businesses
Advisors reporting on SOLD business in the 2020 Q3 Market Pulse saw increases in the time it took to close a business transaction year over year, jumping by 60 days in the smallest Main Street sectors. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 |… Read More »60 Day Increase in Time to Close Small Business Sold for < $500K in Q3 2020
Business Owners selling for <$500K, $1-$2MM, and $5-$50MM received less cash at close, with increases in seller financing and earnouts making up the difference per Q3 Market Pulse findings. Source: IBBA and MA Source Q3 2020 Market Pulse Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @… Read More »Seller Financing Increasing in Business Sales
Q3 Market Pulse found that with the exception of median multiples for sold Main Street businesses in the less than $500K purchase for Q3, all were less than Q3 2019 multiples. Source: IBBA and MA Source Q3 2020 Market Pulse Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact… Read More »Median Purchase Price Multiples for Businesses Remain Less than Q3 2019
In the Q3 Market Pulse Report, the median final selling price for a Business came in anywhere from 90% to 100% of the pre-set asking price or internal benchmark. Lower middle market companies in the $2 million to $5 million and the $5 million to $50 million range achieved the… Read More »Business Sales: 90-100% of Asking Price
Q3 2020 Market Pulse continues to find that a Business Owner Selling their business should work with Advisors who match with their most likely Buyer. Small business owners should seek a local business broker while larger business owners need to make sure they have someone with industry, national or even… Read More »7 in 10 Small Businesses bought by Buyers < 20 Miles
The latest data from the Market Pulse survey reflects the growing premiums business owners receive as the size of their company increases. Multiples increase consistently as businesses get larger. And these businesses are more likely to draw buyer interest from the widest geographic radius. Learn more about Delta Business Advisors… Read More »Median Multiples Increase With Business Size
Advisors expect uptick in sellers going to market by year-end. This is a marked difference over the pessimism they showed in the Q1. Source: IBBA and MA Source Q3 2020 Market Pulse Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a… Read More »Advisors Expect More Business Owners to Go to Market in Q4
Overall, advisors reported that nearly half (48%) of their clients were operating at normal capacity in Q3 from Q1. That includes 34% who had returned to normal operation after some level of reduction, 9% that remained unaffected through the pandemic, and 16% who had benefited. Another 35% are still at partial… Read More »1/3 Businesses Back to Full Operations
If Congress extends PPP to allow eligible borrowers a second PPP loan (or new first time borrowers), would you re-apply / apply? 44% 1. Yes 25% 2. No 31% 3. Maybe Source: https://assets.nfib.com/nfibcom/Covid-19-Small-Business-Survey-13-Web.pdf Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with… Read More »3 in 4 Small Business Owners Will or Might Apply for New PPP