Nunzio Presta Profile picture
Nov 1 8 tweets 4 min read
Here’s @buyandsellabiz’s October update!

👉 $67.6m in transaction volume (+66% m/m)

👉 Average acquisition size $1.25m

👉 Signup growth: +7% MoM

More below... 👇
Top sectors with the most volume: 

1. Manufacturing (avg. ask $906k)

2. Restaurant/Food Services (avg. ask $409k)

3. Retail (avg. ask $372k)

4. Aesthetics/Beauty (avg. ask $123k)

5. Franchising (avg. ask $62k)
3 Notable listings:
 
No-Code Software Marketplace For Sale: buyandsellabusiness.com/business-oppor…

Craft Business For Sale:
buyandsellabusiness.com/business-oppor…
 
Autobody Repair Shop For Sale:
buyandsellabusiness.com/business-oppor…
 
2,013 buyers added listings to their “watchlist”.
 
Avg. rev. for new listing: $1.13m
We’ve been maintaining a carefully curated marketplace: 83% of listings approved this month.

Registered buyers steady at 98% of active members.

NPS: 68%

Team happiness level 150%
P.S. We’re launching #BossUp – a virtual conference dedicated to business buyers and sellers in the micro market.

We’ve confirmed 12 expert speakers who will present the most insightful topics on buying businesses.

Some topic examples: 👇
✅ How to Market & Source Deals

✅ Understanding Cash Flow Levels as a Buyer

✅ Evaluating the Management Team of a Business You’re Acquiring

✅ Legal Considerations when Structuring your SMB Business Acquisition
Interested in attending? Join our waiting list here: buyandsellabusiness.com/buyers-workshop
#smb #entreprenuer #smallbusiness #acquisitions

❤️

Let's continue.
- @nunziopresta

One more thing... This is why team
@buyandsellabiz has been kicking around for the past 8 years 👇
We know deep down inside that a stronger economy and better future is possible when people wake in the morning loving what they do, and business ownership is a viable path towards that. That’s why we’re driven to make business ownership real for people around the world.

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More from @nunziopresta

Nov 2
The whole point of @buyandsellabiz is to empower people to love what they do. We know deep down inside that a stronger economy and better future is possible when people wake in the morning loving what they do, and business ownership is a viable path towards that.

More 👇
As more people walk away from the 9-5, buying an existing biz can be more lucrative than starting one. If you know me, you know I am big on advancing this cause, knowing that myself or @buyandsellabiz can’t do this alone. That’s why I believe in collaboration over competition!
The more people that can help advance entrepreneurship through acquisition, the better for everyone, especially the entrepreneurial and SMB communities that are the backbone of economies around the world.
Read 25 tweets
Mar 29
To date, we've been focused on the success of our buyer/seller connections. However, we haven’t focused enough on how successful a business is after being acquired.

With that said, we conducted an online survey of 560+ small business buyers in November 2021! 👇
We asked them how their earnings, profits, client base, and quality of life has changed since acquiring their business. We'll be releasing that report very soon. If you would like a copy, RT the first tweet and I'll be sure to send you one.
Great feedback so far👇

“I’ve been wanting to know this data forever. There is absolutely no reason to start a new business unless you’re offering something the market does not yet have (very rare) or your approach is radically different to an existing offering.” #BuyandBuild 🚀
Read 4 tweets
Mar 29
Hiring? Remember, the candidate is interviewing you as well. Let me explain. 👇
Just chatted with someone who had a very talented candidate remove themselves from consideration last week because it was taking too long. His viewpoint is that if it takes them this many weeks to make a hiring decision, how are they going to get anything accomplished once hired.
The other companies he was interviewing with had processes half as long and even though this opportunity had the potential for a higher offer, he wanted a company he could entrust with his future.
Read 5 tweets

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