Every quarter, BizBuySell.com published business valuation data, and we now have their latest Albany-NY, New York small business valuation trend data for First Quarter 2009.
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Q1 2009 Business Valuations in Albany-NY, NY
According to statistics issued by BizBuySell.com, Albany-NY business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Albany-NY, NY business values are showing stability even in this tough economic environment.
Please understand that this is the median asking price for a business. If you want to buy a business, you may be able to buy a Albany-NY company for much less. However, some Albany-NY businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Albany-NY business. When an entrepreneur lists a business for sale, they typically set a price that ends up being more than the contracted sale price. A sale-to-ask ratio typically might be between 0.85 and 0.90, but of course it depends on deal specifics. Given this industry statistic, if a small business owner were to list a company for $300,000, it might sell for between $255,000 and $270,000.
Number of Albany-NY Businesses for Sale in the Dataset
The study data comprised listings in the metro area. As such, some of the businesses used to derive the median valuation might be outside of Albany-NY, but they are close by and so are likely representative of Albany-NY business valuations.
One year ago, in , the BizBuySell.com dataset for Albany-NY spanned listings. In a market where you would think fewer business owners would be selling, it's a bit surprising to see the same number of Albany-NY business-for-sale listings.
Albany-NY, NY Q1 2009 Revenue Multiples
In the metro area, businesses will typically sell for 0.00 times the selling company's revenues. The data indicates that is the mean revenue multiple for in this metro area.
In other words, a firm with revenues of $200,000 might list for $0. Keep in mind that this is just an average for revenue multiples in Albany-NY and surrounding communities. Some businesses will have higher revenue multiples and others will have lower revenue multiples.
According to BizBuySell.com, the median revenues for its business-for-sale listings was $0 in .
To give this some context, the revenue multiple was 0.00 and the median revenue for listed businesses was $0.
Q1 2009 Cash Flow Multiples In Albany-NY, NY
Cash flow multiples are another common way to value a business.
For , the average cash flow multiple for businesses listed in the metro area was 0.00.
So, a business with cash flows of $150,000 might have an asking price of $0. That calculation is dependent on the business selling for the area's average multiple. Actual cash flow multiples are based on business specifics.
If you are interested in what cash flows are for a business in Albany-NY, BizBuySell.com reports that the median cash flow for Albany-NY area businesses was $0 in . In , cash flow multiples clocked in at 0.00 and the median cash flow was $0.
Tips for Albany-NY, NY Business Sellers
When selling a business, valuations will be based on your profits. So, be sure to sell a business at a point when your profits are doing well if you want to sell for a great price. This helpful tip comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Albany-NY, NY Businesses
If you are contemplating buying a business or selling a business and would like to look at comparables in the area, we suggest you try the BizBuySell.com Business Valuation Tool. You can modify the dataset that creates business valuation estimates to meet your specific criteria. As a bonus, access to the tool is very affordable -- less than $100.
More Information on BizBuySell.com's Quarterly Reports
The BizBuySell Insight Report is a nationally-recognized economic report that tracks trends in the business-for-sale marketplace. If you find these trends interesting, take a moment to visit BizBuySell.com Insights Report for additional information.
Members of the media who are looking for subject matter experts on selling a business, buying a business, valuing a business and other related topics should contact Frank Krolicki of PR firm Walker Sands Communications at 312-546-4127. Frank can facilitate interviews with the appropriate contacts at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Albany-NY, NY Business Valuations
If you are interested in trends in business-for-sale asking prices, here are the median asking prices for businesses in the metro area for the last 9 quarters.
Here is how median revenue multiples are trending in the Albany-NY area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the Albany-NY area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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