Data
Small Business Acquisition Statistics
Each figure links its source; the SBA lending figures are our own computation from loan-level data.
Businesses sold through BizBuySell's network reached $7.95 billion in total enterprise value in 2025, up 3% from 2024, with transaction counts roughly flat.
The median closed sale price on BizBuySell rose 2% to $350,000 in 2025; median cash flow of sold businesses was $158,950 and median revenue $703,000.
44% of business brokers report increased private-equity activity in the small-business market, but only 12% say PE buyers move faster than individual buyers.
SBA lenders approved 7,525 change-of-ownership 7(a) loans totaling $8.81 billion in FY2025, the highest of the last six fiscal years; the median acquisition loan was $700,000.
Acquisition borrowing costs swung hard with rates: the average initial rate on SBA change-of-ownership loans was 5.31% in FY2021, 10.17% in FY2024, and 9.38% in FY2025.
The whole 7(a) program approved 78,078 loans for $37.3 billion in FY2025, up from 70,242 loans and $31.1 billion in FY2024.
Source: SBA 7(a) program totals
The state-by-state and lender-level detail behind the SBA figures is at Acquisition Lending by State; the ownership-transition demographics are on Boomer Business Owner Statistics. Free to cite with attribution and a link.
Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.