December News 2021

The activity in the market since October/November has been absolutely fantastic with buyers really coming forward to purchase businesses again, as recent sales have demonstrated. Sellers that were considering selling are very slowly coming forward to put their businesses on the market as it is moving again!

Prices are also slowly firming up, but we are still some distance away from the valuations of 2 or 3 years ago, but we are moving in the right direction. If the recent sales are an indication of what’s to come, then serious buyers should move and not wait too long before we see an increase in the goodwill of businesses.

Gunnink & Company Business Brokers in Perth, Western Australia
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