Watch the video above to learn just how much value a certified Sunbelt Business Broker could add to the sale of your pack and ship store!
Pack and Ship Brands that have named Sunbelt Business Brokers as the preferred resales broker:
Scroll below to see recent transactions of pack and ship businesses made by local Sunbelt offices!
PACKING / SHIPPING / BUSINESS SERVICES
Pack and ship companies currently account for over 7,550 independently owned and operated businesses in the United States. Over Sunbelt Business Broker's 40+ year history, our certified business brokers have been responsible for transitioning numerous pack and ship stores of various sizes in many different markets.
Why has Sunbelt had these results with Pack & Ship stores?
While much of our success can be attributed to the highly experienced and knowledgeable business intermediaries stationed in offices throughout the United States, Sunbelt Franchise Resales (SFR) has partnered with Annex Brands and their nest of reputable franchised pack and ship brands. As the "preferred resales broker" for Annex Brands over the last 15+ years, Sunbelt has become well versed in the exiting process and the type of buyer their brands and other independent pack and ship businesses attract. Our offices are very familiar with the business model to assist pack and ship business 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 owner contemplating the sale of your business, it's never been more critical and beneficial to consult with someone who understands the marketplace, the selling process and how to appropriately value and market your business in order to maximize value.
Ready to explore selling your business? Contact us today for a free/no-obligation discussion and complimentary value range analysis!