Is now the time to buy or sell a business?
- 08 August, 2021
- By Admin: Meghan Hindle
- Comments: 00
When is the right time to sell? Where are we at with covid? Are restaurants doing well? What is a good business model? Those are the ever pending questions as of late. With what the market is and has been doing as of late there is still a window to purchase without paying top dollar. With government subsidy coming to an end a lot of exhausted owners are looking to get rid of their businesses. The prices have been rising with occupancy being loosened yet have not hit the listing prices pre covid. The key is working with an experienced commercial agent to get not only the price you require but the lease you require also. Inventory is slowly increasing as are prices…so it is still a good time to buy or sell depending on future plans and exit strategies.