Small Business M&A
Studies show Boomers own anywhere from 40% - 50% of the small businesses in the US. Out of the 70,000,000 Boomers currently in the US, there are an estimated 12,000,000 small businesses primed for a change. This sector is worth $10 trillion in assets, and will be exchanging hands over the next two decades. This is the largest transfer of wealth the United States has ever seen in her short history.
On average, a staggering 83% of business owners in Q4 of 2023 had less than 1 year of formal retirement and exit planning prior to the SELL of their business. This is even more staggering when one considers that retirement is the number one reason - by a long shot - for selling a business. In the same report, anywhere from 48% to 68% of sellers list Retirement as why they want to sell.
Yet finding reliable information on small business deals, valuation principles, comps, lending and how to structure basic elements of a deal is VERY difficult to find.
Many websites and organizations provide information of one sort or another. But few provide you, the small business buyer and seller, with relevant information that WILL help you sell your business. Deal Street is here for you - the business owner, the entrepreneur, and the curious.