Montana could face glut of business sales as baby boomers retire, Missoula broker says

The wave of retiring baby boomers will do more than leave Montana with a shortage of skilled workers, it may also leave the state with a glut of businesses up for sale.

More than half of those will likely close or be liquidated over the coming decade.

Shawn Miller, a broker with Murphy Business and Financial https://www.murphybusiness.com in Missoula, has already seen the transition begin. Local business owners who have long been a Main Street staple across Montana are growing older, and many of them will want to sell out and spend their golden years in retirement.

By Martin Kidston

https://missoulacurrent.com/business/2017/11/business-sales-baby-boomers/