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

November 21, 2017View for printing

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 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 ... by-boomers/
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