What motivates a seller to sell?
In your deal xp, what have you guys found to be the motive the seller sells, if any? If the business I'd be looking for has all the characteristics of a business I would want to take over, I wonder, why would the seller want to sell if business is booming (other than age/retiring owner) ? These characteristics are: Recurring revenue, no dependability on small number of clients, solid profit margin and SDE, growth YOY, etc, all textbook in what we look for. I'd love to hear some perspectives on this! Thanks