According to the Stanford 2020 study, the average duration of a search is 23 months.

However...

The time elapsed between launching the search and stepping into that CEO seat will ultimately depend on the following:

Time allocation

Appetite

Yield

Partners

Luck, of course


  1. Read the full post here: https://www.smeventures.com/insights/how-long-does-it-take-to-buy-a-business