You Don't Need to Start A Business - Buy A Small Business From A Retiring Owner

Posted By Kalamata Capital LLC || 24-Jul-2017

The California Association of Business Brokers estimated that retiring Baby Boomers will sell or leave to their beneficiaries $10 trillion worth of assets over the next two decades[1]. These assets are in more than 12 million privately owned businesses. More than 70% of these companies will be sold.

Baby Boomers aged 45 to 64 start businesses at a higher rate than any other age group. We believe that instead of selling businesses these Baby Boomers who feel they are too young to retire will look to buy businesses.

Many Baby Boomers grew up with the idea that traditional employment with a large corporation was the American dream. After seeing large company layoffs and restructurings, many Baby Boomers want to control their own destiny. One of the best ways to do this is buying an existing business that already has an established brand and cash flow. Baby Boomers looking to be an entrepreneur and use their job related skills built over a lifetime can often take the businesses they purchase to the next level.

At Kalamata Capital, our mission is simple. We are passionate about providing fast and easy financing to small businesses to help them grow and create jobs. We have real people who try to explain real actionable solutions in easy-to-understand terms.

If you are interested in buying a small business, rather than starting one, then give us a call to discuss your financing options.

Kalamata Capital



Categories: Small Business, Tips, Funding, SBA