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SME: Buyer interest in SME space has gone up post-Covid: Vishal Devanath, founder, SMERGERS

SME: Buyer interest in SME space has gone up post-Covid: Vishal Devanath, founder, SMERGERS
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Faizan Haidar , Vishal Devanath , World Bank , Middle East , பைசான் ஹைதர் , உலகம் வங்கி , நடுத்தர கிழக்கு ,

Up for sale: At least 1,200 Covid-hit small businesses looking for exit route


Majority from the travel sector; gyms, restaurants too want out
Distress sale of property is par for the course. Sale of businesses, too, routinely happens. But in these pandemic times, the sheer volume of small enterprises wanting to sell out is shocking. At least 1,200 owners have listed their business for sale on an online deal marketplace unable to take financial stress from the lockdown.
According to data shared by online investment banking platform SMergers, the biggest impact has been on small tour operators, gyms, restaurants/bars, event management firms, salons, playschools and cloud kitchens that were primarily catering to the office-going set. ....

Vishal Devanath , Barun Singh , Dun Bradstreet , Founder Of Smergers , Sale Of Distressed Assets , Covid Pandemic , Financial Stress From The Lockdown , அருண் சிங் , டன் பிராட்ஸ்ட்ரீட் ,