Watch the video above to learn just how much value a certified Sunbelt Business Broker could add to the sale of your Edible store!
Scroll below to see a full list of Edible transactions made AND stores currently under contract by local Sunbelt offices!
SUNBELT BUSINESS BROKERS IS AN EDIBLE RESALES EXPERT
Since the summer of 2020, Sunbelt Business Brokers has successfully closed on 25 deals consisting of 40+ Edible stores. These results make Edible the #1 RESALE BRAND in our inventory!
Why have we had these results with the Edible brand?
As Edible's "preferred resales broker," Sunbelt is well versed in the exiting process and the type of buyer this brand attracts. Our offices are well equipped to help Edible owners looking to exit and have played an integral role in helping many owners achieve their succession goals.
As of the conclusion of 2023, the marketplace remains an advantageous place for business owners to transition their business. Immediately following the onset of COVID-19 in March of 2020, the buyer pool for businesses increased dramatically due to historically low interest rates, high unemployment and low job satisfaction. Since 2022, however, rapid rates of inflation and interest rates spiking beyond even pre-pandemic levels left many business owners wondering if they could still earn maximum value for their business.
The simple answer remains "YES!"
Year-over-year, the business resale market has continued to demonstrate that buyers are interested in purchasing strong performing businesses regardless of economic conditions. BizBuySell, the largest online business-for-sale marketplace, published their market insights report at the conclusion of Q4 in 2023. Here's what they said:
"Businesses bought in 2023 showed stronger financials compared to the previous year, also exhibiting a U-shaped pattern with values surging in the 4th quarter. Median cash low grew 13% in the final quarter, finishing the year with a 4% annual gain, while median revenue gained 16% and 6% respectively. This activity underscores small business resilience despite current economic conditions. It also suggests buyers are still willing to invest in great opportunities."
If you are an Edible franchise owner contemplating the sale of your business, begin the process by speaking with the number one reseller of Edible stores!
Ready to explore selling your business? Contact us today for a free/no-obligation discussion!