Lots of Businesses and Lots of Buyers Coming to Market
Brandon Moore and his partner and wife Hana Moore who bought the restaurant they worked at, Retro Metro.
In the landscape of business succession, local examples shine light on the path forward for many established businesses. The article from SJB presents two case studies: Retro Metro's chef-turned-owner story, and Maxon Fine Jewelry's gradual transfer of ownership to a managing partner.
These narratives illustrate a broader trend of ownership turnover, prompted by a wave of retirements among baby boomer business owners. The piece outlines five main types of succession, with insights from Joe Howard of the Kingsley Group.
Whether through legacy transitions or broker sales, the article underscores the importance of strategic planning in ensuring business continuity.
Learn more about the fascinating transitions in business ownership and the crucial role of planning.
