Intelligent Business Partners, one of the UK’s leading business brokers, has shared their 2021 list of the 5 most popular sectors to buy a business in.
Known for their incomparable and high-quality reputation, Intelligent Business Partners have operated for almost 15 years in the industry, leading the way in efficient and honest business sales. If that isn’t enough, the team are pleased to share that they sold a business every day in 2020.
“Since things have begun to reopen in a post-COVID era, we have seen solid growth in businesses for sale. However, interestingly, we have seen an even bigger spike in buyer enquiries, with a surge in demand for traditional high street businesses such as cafes, barbers and takeaways as well as relocatable and online businesses.” says Mark Fitzgerald-Cooke, Managing Director at Intelligent Business Partners. “Our data shows increased confidence among buyers and sellers of businesses and we look forward to an exciting end to the year and a great 2022.”
Intelligent Business Partners have extensive original data to demonstrate which business sectors have the highest buyer demand in 2021. So far this year, the following sectors have received the largest volume of buyer enquiries:
1) The food & catering sector takes the first position, having received 27% of all enquiries so far this year, with cafes, restaurants and takeaways particularly sought after.
2) Media & technology businesses received 11%, driven by demand for relocatable, online and e-commerce businesses.
3) This is tied with service sector businesses, which also sit at 11%, with estate agents and unsurprisingly, cleaning companies leading the way.
4) Retail & shops at 9%, with homeware and home improvement businesses now very attractive due to increased consumer spending.
5) Health & beauty businesses take fifth place at 6%. An increase in spending on personal care has led the supply and service delivery side of this sector to become very popular.
Buyers interested in beauty salons, retail stores, restaurant franchises and more, no matter how big or small, can trust Intelligent Business Partners to bring them the best business opportunities across the UK. For more information on buy, grow, or sell, visit www.intelligent.co.uk.