Tampa Bay business brokers: Selling a business not as easy as it sounds

High interest rates aside and demographics are leading to what looks to be a surge in private businesses being sold in the coming years. The challenge for entrepreneurs? Finding a near-perfect buyer.

  • By Jim Stinson
  • | 5:00 a.m. October 23, 2023
  • | 0 Free Articles Remaining!
Emery Ellinger is the founder of Aberdeen Advisors, a St. Pete firm that helps with mergers, acquisitions and selling businesses to new owners.
Emery Ellinger is the founder of Aberdeen Advisors, a St. Pete firm that helps with mergers, acquisitions and selling businesses to new owners.
Photo by Mark Wemple
  • Tampa Bay-Lakeland
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A "silver tsunami" is coming. 

But it's not a surge of water that will be expected. Instead, say multiple business brokers in the region, it will be a surge of retirements among baby boomer private business owners. That in turn will cause a wave of sales of privately held businesses, both small and large.

 

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