Small business mentors organization SCORE pulled together the facts and figures for this infographic, making the case that it’s a great time to buy or sell a small business.
Some of the highlights:
- Small business sales overall have been stable since their last major jump in 2013, hovering around 7,000 deals a year.
- The sales prices of small businesses have been steadily increasing in the same time frame, close to an average $200,000 in 2015.
- Some typical sales prices:
- Beauty salon/barber: $75,000
- Laundry/dry cleaner: $175,000
- Gasoline station: $320,000