2016 is a Banner Year for Business Transactions as 7,842 Businesses Change Hands
The number of business sales reported by Business Brokers on industry website, BizBuySell, hit a record since this data has been recorded starting back in 2007. Over 7800 business sales were reported by the participants. This amounted to an 8.6% increase of activity recorded in 2015. Several factors were identified by the authors of the data fueling the record sales: more financing options, more qualified buyers, and an overall better business climate contributed to the sales rush.
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Click here to see how many businesses sold in Riverside County.