Baby Boomer Retirement Sparks Concern Over Small Business Succession
As the baby boomer generation retires, an estimated 6 million small and medium-sized businesses are expected to change hands or close in the next decade. This demographic shift could lead to an oversupply of businesses for sale, potentially forcing viable companies to shut down if buyers are not found.
personJohn ZaveralpersonDave ZaveralpersonNick NoelpersonChris SchumakercompanyR J Zaveral and SonscompanyMcKinsey Institute for Economic MobilitycompanyNew Majority Capital
The tape
3 quotes
“There is going to be an oversupply of businesses that are going to be available.”
Nick Noel
“And if they can't find folks that are willing to buy, those businesses that are otherwise viable will have to shut down.”
Nick Noel
“The clear majority of the businesses that we purchase are from retirees.”
Chris Schumaker
Heard on Marketplace — “Despite stellar earnings, Samsung's stock slumps”, published Tuesday, July 7, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.