Some U.S. Small Businesses Selling for 6% Premium in Pandemic
- Median sale prices rose 6% on BizBuySell as transactions fell
- A butcher shop ups its price even as gym owners go begging
Photographer: Dan Brouillette/Bloomberg
This article is for subscribers only.
The wildest quarter in years wound up a seller’s market for pandemic-proof small businesses in the U.S.
Median sale prices rose by about 6% to $286,500 in the second quarter on the nation’s largest online marketplace for businesses, BizBuySell.com. While transactions slumped 39% from a year earlier, Covid-19 ruthlessly picked winners and losers, delaying the retirement of full-service restaurant owners and allowing firms that aren’t hampered by social distancing to command higher prices.