BizBuySell.com’s First Quarter 2014 Insight Report shows continued strong business-for-sale activity, well above historical levels, following 2013’s record-breaking year.
BizBuySell.com the Internet’s largest business-for-sale marketplace, reported today that small business transactions remained at high levels in the first quarter of 2014, continuing the growth trend that began in Q1 of 2013.
Participating business brokers reported 1,726 closed transactions in Q1 2014, marking the fifth straight quarter to exceed 1,600 transactions, a benchmark that had not previously been reached since before the start of the Great Recession in 2008. In fact, immediately after the recession began, reported transaction activity dropped significantly, with transaction totals for 2009 and 2010 dropping to an average of 1,126 reported transactions per quarter. There was only a very small improvement in the next few years as an average of 1,182 businesses changed hands per quarter in 2011 and 2012. At the outset of 2013, the recovery finally truly took hold and in the last 5 quarters, an average of 1,756 small businesses have closed, an average of 52% more per quarter than seen during the 2009 to 2012 period.
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