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MPM: Cancellations and Delays

Cancellations and Delays

May 1, 2020

While many small business owners are struggling to keep their doors open, others are finding they can no longer get out those doors. An April 1-15th survey completed by 416 business brokers and M&A advisors revealed that more than half of the small and medium businesses (SMBs) on the market are facing cancellations or delays in selling their businesses*.

Business Brokers representing small businesses valued at less than $2 million report 46% of their deals have been delayed and another 11% canceled due to COVID-19. Approximately a third (36%) said their deals remained unaffected, while 7% said they represented a business that had increased in value due to the outbreak.

Similarly, M&A advisors representing businesses valued at $2-$50 million said 48% of their deals had been delayed and another 12% canceled. Only 4% indicated that a business engagement had increased in value.

For more information on Selling or Acquiring, contact us: DeltaBusinessAdvisors.com / 480-686-8062 / Lisa@DeltaBusinessAdvisors.com.

*According to the Market Pulse Survey – 1st Quarter 2020. https://lnkd.in/gnEWw3X
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