2022 Quarterly Update: The Best Year Ever

Transcript

Andy and Jessica welcome you to another episode of The Deal Board Podcast. Today they are giving an update on 2022 to help you catch up on what is going on in the marketplace. Stay tuned until the end because you will hear some very surprising statistics.

Listings of the week:

-Julie Smith (Oregon) is selling a design center owned by a husband and wife. They are making $300,000 in cash flow, and it is listed for $499,000. There is no need to have previous knowledge in the field; most customers come into the store, see what’s available and go from there. Financing is prequalified. Great business for a partnership! Email Julie at [email protected].

-Dan Walkowski (Portland) is selling a design center/furniture store that has been in business since 2006, building and store. It is listed for $1.75 million has around $300,000 in inventory, it makes $380,000 in SDE. The business is SBA-prequalified (Pacific West Bank). Email Dan at [email protected] or call (503) 880-8972.

Key Takeaways

[4:10] Andy and Jessica talk about the listings and what they have been seeing about inventory after consulting their data from Transworld’s network.

[5:54] Good news for buyers: An increase in new listings (but remains low).

[7:30] Andy and Jessica talk about prices: The average listing price (went down 4% but it is still high).

[15:43] Q3 report from BizBuySale shows a small decline in small deals.

[19:13] The small business owners’ confidence went down. What are they concerned about?

[22:20] What are the actual effects of the recession?

[25:52] The restaurant industry is coming back.

[27:40] Andy interprets what all these numbers are forecasting for the last part of the year.

[34:28] Listing of the week: Julie Smith (Oregon) is selling a design center owned by a husband and wife. They are making $300,000 in cash flow, and it is listed for $499,000.

[36:26] Kenny Proske shares his insights about this quarter.

[38:22] The buyers will always come.

[41:17] Deal of the week: Eric Mendelsohn (New York City) sold a taxi and limousine business including 15 plates and 15 cars. The business was listed for $479,000 and was sold for $435,000 in only 34 days.

[43:40] Tammy Youst from Centennial Bank talks about the SBA world today.

[47:55] There is still a great interest rate.

[52:03] Tammy talks about Florida as a destination state.

[55:11] Listing of the week: Dan Walkowski (Portland) is selling a design center/furniture store that has been in business since 2006, building and store. It is listed for $1.75 million and has around $300,000 in inventory; it makes $380,000 in SDE. The business is SBA-prequalified (Pacific West Bank).

Mentioned in this Episode:

Call us at Transworld Business Advisors — 888-719-9098

Email us [email protected].

Email Julie Smith at [email protected].

Email Kenny Proske at [email protected] or call (561) 203-7325.

Call Eric Mendelsohn at (516) 840-3516 or email [email protected].

Email Tammy Youst at [email protected] or call (813) 625-1288.

Email Dan Walkowski at [email protected] or call (503) 880-8972.

Mentioned in This Episode

• The Deal Board Podcast
• Subscribe to The Deal Board Podcast YouTube Channel
• Transworld Business Advisors
• United Franchise Group
• The Deal Board on LinkedIn
• The Deal Board on Facebook
• Transworld Business Advisors on LinkedIn
• Transworld Business Advisors on Facebook
• Centennial Bank