Empire Flippers L12M sales vs 2022 (over 50% reduction)
I've not looked at the state of the industry reports since I was at Flippa, and was surprised to see just how much sales have reduced over the last couple of years. (Props to EF for always being so transparent).
In the 2023 report, total sales were $86M
Over the last 12 months on the EF scoreboard, total sales are $42M.
Is this a change in the overall industry?
EF is of course fine, but are the majority of smaller M&A marketplaces now struggling to get enough new deals to close?
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Richard Patey
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Empire Flippers L12M sales vs 2022 (over 50% reduction)
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