{"id":7978,"date":"2016-05-11T14:29:31","date_gmt":"2016-05-11T22:29:31","guid":{"rendered":"https:\/\/northcali.b2bmulti.wpengine.com\/?p=7978"},"modified":"2021-09-22T21:26:54","modified_gmt":"2021-09-22T21:26:54","slug":"sonoma-county-business-sale-tsunami","status":"publish","type":"post","link":"https:\/\/www.b2bcfo.com\/shane-campbell\/sonoma-county-business-sale-tsunami\/","title":{"rendered":"Sonoma County Business Sale Tsunami"},"content":{"rendered":"

\"Tsunami\"<\/a>In B2B CFO’s\u00a0The Exit Strategy Handbook<\/a>, <\/em><\/strong>we provide statistics that reflect an upcoming \u201ctsunami\u201d of businesses that will need to transition to new ownership over the next 20 years. \u00a0We estimate that 378,000 businesses, on average, will hit the market annually over the next 20 years. Our conclusions are based on census data showing there are 28 million U.S. businesses, of which 43% are owned by individuals belonging to the Baby Boomer generation, of which 60% will eventually go to market as opposed to just shutting the lights off. By comparison, only around 10,000 businesses presently sell each year, according to Capital I.Q.\u00a0 So all indications are that the predicted business sale tsunami is real and is on its way.<\/p>\n

Sonoma County Mergers & Acquisitions<\/h2>\n

Perhaps you are like me and are more concerned with the impact of the coming business sale tsunami on Sonoma County.\u00a0 I ran a search and found that there are roughly 18,000 business owners in Sonoma County who have registered on LinkedIn.\u00a0 Using the same logic from the national statistics sited above, there may be as many as 4,600 Sonoma County businesses that will hit the market over the next 20 years. That’s a staggering 230 Sonoma County businesses that will need to transition to new ownership each year.<\/p>\n

Exit Strategies<\/a>, a Petaluma-based merger, acquisition, and valuation services company, is feeling the\u00a0spike in M&A activity first hand. \u00a0President and founder Al Statz commented “Last year was a record year for transactions in the overall M&A market and for firms like ours. Our advisers are seeing more and better quality companies coming through our door than ever.” Statz goes on to say “Today\u2019s market is clearly a seller\u2019s market” but then cautions that “Business sale, merger & acquisition activity ebbs and flows with industry and macro-economic cycles. Business owners\u00a0are awake to the fact that market conditions are unlikely to get any better, and that the time to go to market is now.”<\/p>\n

Need to Act Now<\/h2>\n

So if you own a Sonoma County business, you may wish to get a jump on the looming business sale tsunami \/ buyer\u2019s market. What can be done right now? Start getting your house in order.\u00a0 These steps include:<\/p>\n