The largest transfer of small businesses in history is coming.
The Baby Boomer generation has hit the age of retirement and owns over half of the total number of businesses in the U.S.
Based on verifiable public and private research, Capitalize Network has estimated that the current number of US businesses with revenues of $3M-$50M whose owners are age 55+ is approximately 552,000. That number is expected to increase to 719,000 in 2021 and to 806,000 in 2026.
These facts, underscoring the “aging” population of business ownership, crystalize the essential need for hundreds of thousands of businesses to be transitioned from their current ownership status to alternative custody structures in the near-term. However, the most recent US Census Data reflects only 29,000 businesses experience a sales transaction each year.