If you are entering the business-for-sale market as a buyer or as a seller, it it sometimes helpful to know what types of businesses are hot and selling well. Here are the top three industries you will currently find trending in the market:

1. Restaurants

These types of businesses, whether they are a large fine dining establishment or a small one-man pizza shop, always seem to dominate the market in terms of what’s for sale and what’s selling.

If you own a restaurant, the recent upswing in the economy means there are new buyers in the market who are less nervous about the economic climate and therefore willing to take the entrepreneurial plunge. If you’ve ever considered selling, now is a great time.

If you are a buyer with a bit of restaurant experience, this is a great industry to enter and there are some high-quality restaurant establishments currently on the market.

2. Service

The service industry includes a wide variety of businesses. In this sector you can find anything from a large cleaning company with many residential and commercial accounts to a small mobile dog grooming business.

If you are a buyer without any restaurant experience, then this sector probably has a few businesses that would cater to your goals and expertise.

3. Insurance

This is usually one of the fastest selling industries, so if you are in the market to buy an insurance business- don’t hesitate or the listing will be gone before you get a chance to pull the trigger.

If you own an insurance business, this is great news for you. These types of businesses, if they are priced to sell, rarely stay on the market for very long.

Are you a business owner who would like to know what the business market looks like for your type of business? Are you a buyer who has questions about which industry would fit best with your experience and goals? Ask us! Please feel free to leave us a question or comment here, and we would be happy to help.

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com