The pig in a python

10 million Baby Boomer businesses for sale

Pull to Eject

Thinking of starting a business?

Baby Boomers may be your ticket to fast track that dream.

Everyone knows Boomers are retiring en masse.

But did you know that they own almost 50% of all small businesses?

And that a Wilmington Trust survey showed that more than 58% of them have no transition or succession plan?

Need more data?

  1. A 2022 report by BizBuySell, indicated a 22% increase in transactions involving baby boomer-owned businesses.

  2. A survey by the Exit Planning Institute revealed that over 70% of business owners aged 50 or older planned to exit their businesses within the next ten years.

  3. The Small Business Administration (SBA) estimates that around 10 million baby boomer-owned businesses will change hands before 2029.

Improving a business has a lot less friction then starting from scratch.

Customers, a proven concept and infrastructure are already in place. The potential to leverage an existing brand or market reputation. All can be improved with your fresh ideas and outside capital.

Need another reason to think about buying an existing business?

Recent data showed that 86% to 92% of companies still write paper checks for payments.


Talk about low hanging fruit.

Buy then scale might be just the answer you’re looking for.

 

 

Now go launch something 🚀 

Modern Tools

Flippa is the largest marketplace to buy and sell online businesses, websites and digital assets. Granted, this may not fit the boomer narrative, but if you’re thinking about a digital business this is a fantastic resource.

Search, sort and choose if you’re looking for existing digital products, ecommerce businesses, SaaS tools or even apps. Find the thing that you might grow.

Old School Wisdom

Jack Canfield has inspired millions around the world and his Success Principles are worth revisiting.

Filled with memorable and inspiring stories of CEO’s, world-class athletes, celebrities, and everyday people, it spells out the 64 timeless principles used by successful men and women throughout history. Canfield has built an empire of books, coaching and speaking engagements that might help improve your business concept.

Free Knowledge

Codie Sanchez is on a mission to help 1 million people become financially and philosophically free. She is ahead of the curve on buying boring businesses that boomers are selling and shares her knowledge in newsletters, courses and content.

Visual Crapshoot

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