After dealing with many business sellers, I found this are the most common reasons:
1) De-risk their financial future by taking some money out of the business.
2) They Want To Retire
3) Investing In New Ventures
4) Fed Up With Employees
5) No Succession Plan
6) Health Issues
7) Problems with Their Partners
8) Industry Changes
9) Economic Downturn
10) Boredom
11) They Got an Irrefutable Offer
12) Burnout
I made this Poll on Linkedin: See the results
Hope this helps to fully undertands some of the main reasons of selling a business.
Sebastian Amieva
Mergers And Acquisitions Newsletter™