Survey/Infographic: Buyers, Sellers Confident They Can Close Deals In Today’s Business-For-Sale Market

A recent BizBuySell.com survey of more than 1,500 prospective business buyers and sellers across the nation found some interesting trends. The survey goes over how confident today's prospective business buyers and sellers are in the market and how quickly they believe they can get a deal done

According to the survey, 80% of buyers and 65% of sellers feel they can find a business match at an acceptable price in today’s business-for-sale market, suggesting a strong market overall. Among the other interesting findings:

• Both buyers and sellers expected to be able to close deals quickly, with 78% of buyers and 70% of sellers believing they can finish a transaction within a year of starting the process.
• 49% of buyers expect to use seller financing to fund a deal.
• 75% of buyers would like the former owner to stay on for at least six months and 56% of sellers would be willing to stay on for at least a day a week.
• Restaurants were the most common industry prospective buyers are interested in purchasing.
• Existing franchises are more popular with buyers than new franchise opportunities

See the infographic below to get the full picture: