Baby Boomers, individuals born between 1946 and 1964 are retiring at a rate of 10,000 per day. A great percentage of these individuals are self employed small business owners without a secession plan for their business after retirement.

Experts estimate that millions of baby boomers will sell or close their business in the next decade. A survey of small businesses in the United States indicates that 72% of small business owners do not have an exit strategy and 54% intend to leave in 10 years.

According to California Association of Business Brokers retiring baby boomers will sell $10 trillion worth of assets over the next two decades, held in 12 million privately owned businesses. More than 70 percent of these businesses are expected to change hands.

This is a great time to acquire these Baby Boomer owned small businesses with great cash flows, balance sheets, a loyal long lasting customer base and tested and proven business models. These business often have no debt and the person selling the business is often willing to stay on as an advisor since they have spent their entire life building the business.

Our team works with local Chamber of Commerce, CPAs, Real Estate Brokers, Community Banks and Business Brokers to identify and solicit these opportunities.