The activity in the market since October/November 2021 until now 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!
The last 3 years have been up and down but most experienced Business Brokers have been selling again.
Still too many brokers are listing businesses at unrealistically high prices and these businesses are still being found on the market 12 months later.
As we have a new tax year with new possibilities and a new business environment (partly due to COVID) most brokers now have advised sellers of realistic pricing, therefore it’s a buyers market this year.