An Incredible Quarter: Deals, Sale Prices, and Earnings Are Up Again!

Transcript

Andy and Jessica welcome you to another episode of The Deal Board Podcast. This time, they want to share the current Record Quarter they have experienced at Transworld Business Advisors, where deals, average sale price, and earnings are up again! This certainly paints an auspicious picture for the business marketplace!

Andy and Jessica are also sharing the top 15 industries ranked by the number of deals that were sold in this quarter.

Listings of the week:

Jeni Abramson (Beverly Hills, California) is selling an established profitable swimming lessons business that has been operating since 2001, with a backlog of 500 clients. Business is ready for a new owner to take over. Asking price: $620,000. SDE: $200,000. Email Jeni at [email protected] or call her at (917) 536-8672.

Eric Straus (New York City) is selling a nice small deal, a moving company in Queens with two trucks, $415,000 in revenue, SDE: $111,000; Asking price: $199,000. Email Eric at [email protected].

Key Takeaways

[1:30] Andy and Jessica explain why this has been a record quarter.

[4:03] There is a very competitive and well-funded buyers market.

[5:17] Deals are up again this quarter!

[8:13] Average sold prices went up pretty significantly.

[11:31] The year-over-year average sale price is solid.

[17:39] Andy and Jessica share the top 15 industries (ranked by the number of deals that were sold).

[18:06] No. 1: Restaurants.

[19:42] No. 2: Construction Industry.

[22:08] No. 3: Beauty and personal care.

[23:36] No. 4: Automotive.

[24:48] No. 5: Medical-related business.

[26:31] No. 6: Landscaping.

[27:05] No. 7: Cleaning.

[27:50] No. 8: Manufacturing.

[28:24] No. 9: Fitness.

[29:04] No. 10: Retail.

[29:36] No. 11: Animals/Pet Services.

[30:30] No. 12: Liquor-related businesses.

[31:00] No. 13: Distribution businesses.

[31:34] No. 14: Education/School.

[32:09] No. 15: Food Business Retail.

[35:10] Gerald Brisson (Houston) talks about the best quarter ever!

[38:14] Deal of the week: Tom Gesimondo (Brooklyn) purchased an IT staffing business for the hospitality world for $50,000.

[39:58] Kyle Baisch (Pacific West Bank) shares his excitement about the future.

[42:10] Philip Mandel (Pacific North West — Lake Oswego) speaks about the good news for this year.

[44:15] Listing of the week: Jeni Abramson (Beverly Hills, California) an established profitable swimming lessons business that has been operating since 2001, with a backlog of 500 clients. Asking price: $620,000. SDE: $200,000.

[45:45] Michael Morrisey (Portland) is talking about a very busy quarter and two of the businesses he is selling: a coffee shop that has been in business for 18 years and an HVAC company operating for the past 2 years.

[47:29] Jonathan Choe (Oregon Central) talks about an incredible quarter.

[50:04] Dustin Audet (Dallas) talks about a prosperous market.

[52:46] Listing of the week: Eric Straus (New York City) is selling a nice small deal, a moving company in Queens with two trucks, $415,000 in revenue, SDE: $111,000; Asking price: $199,000.

Call us — (888) 719-9098

Email us [email protected]

Email Gerald Brisson at [email protected] or visit tworld/houston

Email Tom Gesimondo at [email protected] or call (973) 903-9931

Email Philip Mandel at [email protected]

Email Jeni Abramson at [email protected] or call her at (917) 536-8672

Email Dustin Audet at [email protected]

Email Eric Straus at [email protected]

Mentioned in This Episode

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