Ready to sell your business and take a nice vacation? The market for selling your businesses is looking more attractive today

The market for buying and selling businesses is looking more attractive today, according to a new survey.

A strong majority (80%) of prospective buyers feel confident they would get an acceptable price in the current market, and 65% of sellers feel they could also find a price that meets expectations, according to a recent survey conducted by an online marketplace for for-sale businesses.

This industry got decimated through the recession and from 2008 to 2012, but now it’s picked up significantly. One of the reasons why we had such poor results around the recession, is that businesses weren’t making a lot of money. These transactions are typically valued off the profitability, and as the profitability went away, valuations tanked.

Now that profitability is back up, more business owners – who often view their companies as their retirement nest eggs – are willing to cut out a little early.

Most Popular Businesses on the Market

Restaurants are the most popular businesses to buy at the moment; nearly 25% of prospective buyers want in on the restaurant industry. Small manufacturing is also a hot commodity.

  Sellers in general have the upper hand right now.