Every quarter, BizBuySell.com published business valuation data, and we now have their latest Bridgeport-CT, Connecticut statistics on business valuations for First Quarter 2009.
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Q1 2009 Business Valuations in Bridgeport-CT, CT
According to statistics issued by BizBuySell.com, Bridgeport-CT business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Bridgeport-CT, CT business values are showing stability even in this tough economic environment.
To be clear, this is the median asking price for a business. If you want to buy a business, you may be able to buy a Bridgeport-CT company for much less. However, some Bridgeport-CT businesses may be selling for much more.
Also, this is the asking price for a Bridgeport-CT business. When a business owner lists a business for sale, they typically set a price that ends up being more than the eventual sale price. A sale-to-ask ratio typically might be between 0.85 and 0.90, but of course it depends on deal specifics. So, a business listed for $100,000 might sell for between $85,000 and $90,000.
Number of Bridgeport-CT 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 Bridgeport-CT, but they are close by and so are probably representative of Bridgeport-CT business valuations.
One year ago, in , the BizBuySell.com dataset for Bridgeport-CT 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 Bridgeport-CT business-for-sale listings.
Bridgeport-CT, CT Q1 2009 Revenue Multiples
In the metro area, businesses will usually sell for 0.00 times the selling company's revenues. The data indicates that is the mean revenue multiple for in this part of the country.
In other words, a business that has revenues of $200,000 might list for $0. Remember, however, that this is just an average for revenue multiples in Bridgeport-CT and surrounding communities. Some firms 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 Bridgeport-CT, CT
Cash flow multiples are another useful method to value a business.
For , the average cash flow multiple for listed businesses in the metro area was 0.00.
So, a business with cash flows of $150,000 might have an asking price of $0. That's only if the firm complies with the local average. Most businesses will not conform to industry- or area averages.
In case you were wondering what typical cash flows are for a business in Bridgeport-CT, BizBuySell.com found that the median cash flow for Bridgeport-CT area businesses was $0 in . In , cash flow multiples clocked in at 0.00 and the median cash flow was $0.
Things to Consider When Selling a Business in Bridgeport-CT, CT
It's critical to keep the potential sale of your business as confidential as possible. If that confidentiality is compromised, you risk losing customers, employees and vendors. Loose lips sink ships...and sink business-for-sale transactions as well! This useful business selling advice comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Bridgeport-CT, CT 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 more information.
Members of the media who are interested in writing stories 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 key executives at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Bridgeport-CT, CT 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 Bridgeport-CT area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the Bridgeport-CT area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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