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Retirement is the no. 1 reason small business sellers go to market.
In the smallest deal category (businesses valued at under $500K) first-time buyers accounted for the largest buyer segment at 43%. More than half (51%) of buyers in the Main Street market are motivated by a desire to buy a job. That is, the buyer is looking to leave corporate America and be active full-time in the business. It is critical for these buyers to have a clear understanding of the business costs and the current owner’s lifestyle.