The survey compiled by Business Brokerage Press revealed some interesting data on the average period between the day a business was listed for sale and the time in months it took to sell it. It should be noted that business brokers (the respondents to the survey) almost always will sell a business faster than an owner – and for more money.
Average period between listing and sale in months
1 to 3 months
7%
4 to 6 months
35%
7 to 9 months
37%
10 to 12 months
16%
13 to 18 months
5%
19+ months
less than 1%
In over 70 percent of the time, a business sold in less than nine months!