As a #businessbroker I try to pay close attention to the #businesssales market and as you know from my recent blog inventory remains abnormally light. Sales prices are up but only as a function of limited demand…….the trend line of #babyboomers contemplating coming to market is real but remains slow if not stagnant. The question is WHY?
In talking to #smallbusiness owners we still see a level of skepticism and frustration concerning the limits of capital for business acquisitions and operations. So i went tip toeing through the web to do some research on what is going on. Take a moment to read this article by Sam Ro in Business Insider:
http://www.businessinsider.com/us-economic-growth-is-tumbling-2015-3
The key take aways are:
1. Those that are bullish are bullish based on assumption ….not fact…..remember 2008 please everyone.
2. Despite healthy job growth consumer spending remains stagnant and indeed down in the first quarter.
3. Exchange rates remain flat if not going down for major immgrants coming to central Florida.
So what does all this mean? My prior post regarding the #sellerTsunami and the eventual coming to market of #babyboomer #businesses remains valid. When the wave of #businessesforsale crests we will see price point pressure and depressing of list prices…..so the message is if you are selling in the next year or two…..Now is the time to come to market because competition is light and prices high….the unknown crash of the inventory is a variable we do not know
For more information and specifics on your business please contact me at 321-287-0349 or https://yourfloridabusinessbroker.com
Intelligence is critical in business as it is in war…take a lesson from General Lee