Micro Market Statistics
Beacon Sell Side Statistics for 2018-2019
| Selling Price/Revenue Multiple: | 0.57 |
| Selling Price/EBITDA Multiple: | 3.63 |
| Time on Market (Months): | 7.5 |
The micro-market sector of the Canadian economy has grown significantly in the past twenty years. According to a 2018 Industry Canada Report on Small Businesses, of the roughly 1.2 million employer businesses in Canada, 95% of them have less than 50 employees. Of the over 5 million people who work within the SME sector, 41% of them work for businesses with fewer than 20 employees.
In a 2018 TD Waterhouse Business Succession Survey, over 75% of Canadian small-to-medium sized business owners surveyed said that they did not have a succession plan in place.
More than 40% of business owners surveyed recently by the Canadian Federation of Independent Business plan to leave their businesses in the next five years, and more than 70% within the next 10 years.
Furthermore, 71% of family businesses and 61% of non-family businesses surveyed did not have a formal exit strategy.