Sunbelt Business Advisors On Track for Record Sales in 2017
Company Added
Company Removed
Apply to Request List

Sunbelt Business Advisors On Track for Record Sales in 2017

Minneapolis-based business broker reports major growth in business seller and buyer activity.

MINNEAPOLIS - Nov. 16, 2017 // PRNewswire // - Representatives from Sunbelt Business Advisors confirmed they have achieved a record year in 2017, aligning with national trends in small to mid-market mergers and acquisition activity. In addition to adding eight new employees and doubling its office space, the business broker reported the total number of transactions completed by the firm has risen by 25% year over year. Sunbelt management also reported that inquiries from buyers seeking companies to acquire surged by 30% in late 2016 to more than 400 requests per month, an average that has been sustained over the course of 2017.

"We're seeing an increase in Mainstreet activity from individual buyers seeking to run their own businesses combined with companies focused on strategic growth through acquisition," said Chris Jones, Managing Partner for Sunbelt Business Advisors. "Factors like the availability of money, an aging population of business owners and a bullish market are driving up interest from both buyers and sellers. We've also seen a big uptick in the average deal size for both Mainstreet and company acquisitions." Jones added that many of their small to mid-sized businesses for sale within the Minnesota market were experiencing three to five offers.

A study conducted in the second quarter of 2017 by IBBA, the International Business Brokers Association, reported several generational shifts as a major factor in the surge of small and mid-market business merger and acquisition activity. The IBBA study found that retirement led as the top reason to sell a business.

"I've been in involved with mergers and acquisitions activity for more than two decades," Sunbelt's Jones said. "Current market conditions in the Twin Cities are the best I've ever seen for both individuals and companies looking to buy, and business owners ready to sell."

About Sunbelt Business Advisors

Sunbelt Business Advisors offers services for business owners interested in selling their business, assistance with merger and acquisition activities, complimentary business value assessments and helping business owners understand how to maximize their NET when they exit. With offices in Minneapolis, Chicago, Milwaukee and Las Vegas, it is one of the largest franchisees within the Sunbelt® brand. The firm provides business brokerage and M&A advisory services for companies with revenues from $500,000 to $100 million, as well as exit planning, franchise sales, consulting and business valuation services.

About Sunbelt®

Sunbelt® is the world's largest business brokerage company and sells more companies than any other firm in the world. Founded in 1978 Sunbelt now has 200 offices worldwide helping people buy and sell businesses.

For more information visit http://www.sunbeltmidwest.com/

SOURCE Sunbelt Business Advisors

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Hungry Howie's Pizza
Hungry Howie's is currently EXPANDING! Top Markets are available for single or multiple unit development. Get the EDGE over the competition with...
Mighty Quinn’s BBQ
We're looking for franchisees and qualified investors with a passion for food who want to invest in a brand that will lead the fast casual barbeque...
Grimaldi's Pizzeria
Our goal is to bring Grimaldi's authentic NY style coal brick-oven pizza to pizza lovers across America
California Tortilla
Food that's built to impress. For a restaurant that's built to perform. For a franchise that's built to grow.
First Choice Business Brokers, Inc.
Become a First Choice Business Broker franchise and start performing business valuations and match a seller of a business to a qualified buyer.
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.