BizBuySell Insights Report
2014 was a record year for small business transactions. Serving as a great indicator of the health of the U.S. small business economy, BizBuySell publishes their Business Insights Report each year. This year BizBuySell, which is also the largest online marketplace for business sales, reports a 6% increase in sales in 2014 over 2013’s stellar year.
A Great Year in Business Sales
For our team at Alliant Capital Advisors, based in Brentwood TN, 2014 was a record year as well. There were 94 business transactions closed in Nashville over 2014. Based on reported transactions to BizBuySell, our team accounted for 23% of all reported transactions in the Middle Tennessee area.
Not only was Alliant the leader in the market, the average transaction of over $365,000 was well above the reported average for the area of $199,000. In total, we closed over $7.5 million in transactions. Alliant continues to be a leader in Middle Tennessee with close to 25% of the active business listings in the Nashville Area.
We could not have achieved last year’s success without a great team of business brokers, whose dedication to outstanding service is proven time and again. We like to think we have the best jobs in world, connecting business owners who are ready to sell with potential buyers & investors who are ready to make a positive impact in our community.
BizBuySell is the industry standard business-for-sale marketing tool for business brokers. As of 2013, 84% of active business brokers are members, and BizBuySell is #1 in broker satisfaction for the last 10 years (according to the most recent Business Brokerage Press survey).