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Business Buyers Get In Line
The Switch Business principals have been busy at it again, this weekend featured in the Herald on Sunday; Buyers Face A Lengthy Wait by Maria Slade they discuss the growing number of waiting business buyers.
The Switch Business Men; Paul Devcich and David Newport
Co-owner Paul Devcich says they have people “biting their arms off” trying to get information on new businesses placed on the market.
There is a demand from genuine buyers right now, but owners may have been advised to sit tight until profits returned to levels of previous years and consider selling later.
However, might be a different situation in few years if all businesses owners held on there would eventually be a glut. “If someone if looking in this market now, they can do the transaction” says Switch co-owner David Newport.
Tags: Alexander Communications, Business Brokers, David Newport, Dwayne Alexander, Herald on Sunday, Maria Slade, Paul Devcich, SME, Switch Business
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