Tory Adair
The answer is neither a straight yes nor a no. It depends on a multitude of factors, some specifically about your business. It also depends on your location, your industry, and the buyer pool for which your business is attractive.
It could be the worst time, or the best.
One thing we’ve been observing over the past few weeks: buyers from all three buyer groups — owner operators, strategic buyers, and investors — are out in droves, looking.
It seems like everybody has more time now to turn ideas and plans into action:
- Employees want to get out of corporate jobs and become their own boss, make their own decisions.
- Investors are looking at business investments as an alternative to a volatile stock market.
- Successful business owners are looking to expand their footprint.
Let us help you figure out if now is a good time for you to sell. Call, email, or text Tory Adair, your local Bristol Group broker, for a free consultation.
Bristol Group specializes in representing owners with the sale of their company. If you have questions about the process, valuation, or timing of selling your business, please feel free to contact your local Bristol Group Business Broker, Tory Adair, at tory@bristol.group, or (480) 388-0870.