Small Business Transaction Up 15% From Last Year, Reach Highest Levels Since Q2 of 2008
BizBuySell’s Third Quarter 2016 Insight Report shows 2016 on pace to have highest number of businesses changing hands since report inception in 2007; Active for-sale listings reach record high too.
San Francisco, CA – BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported today that third-quarter small business transactions reached the highest levels since the second quarter of 2008, right before the recession hit. The full results are included in BizBuySell.com’s Q3 2016 Insight Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.
A total of 2,090 transactions were reported in the third quarter this year, representing a 15.2 percent increase from last year. This marks the highest number of small business sales recorded in a third quarter since BizBuySell first started tracking data in 2007. The 5,865 to-date transactions positions 2016 for a record breaking year of small business transactions.