Small to medium business owners thinking of selling may be in luck.
The average sale price for an SME business has increased by 30 percent over the last three years, with the single biggest quarterly jump occurring in 2022.
ABC Business Sales Managing Director Chris Small says more buyers are seeking higher quality businesses, and that's driving the average price up.
Chris Small says there's also a 'flight to quality' rationale impacting the rise in prices, especially following the uncertainty of recent years.
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