We just received the latest Charlotte-NC, North Carolina business-for-sale statistics.
(article continues below)
Charlotte-NC, NC Q1 2009 Business Valuations
According to statistics issued by BizBuySell.com, Charlotte-NC business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Charlotte-NC, NC 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 Charlotte-NC company for much less. Alternatively, some Charlotte-NC businesses may be selling for much more.
Also, this is the asking price for a Charlotte-NC business. When a business owner lists a company 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 varies considerably. In practice, this means a business listed for $250,000 would go for between $212,500 and $225,000.
Number of Charlotte-NC Businesses for Sale in the Dataset
The study data comprised listings in the metro area. Many of the businesses in the dataset are outside of Charlotte-NC, but they are nearby and so are probably representative of Charlotte-NC business valuations.
One year ago, in , the BizBuySell.com dataset for Charlotte-NC 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 Charlotte-NC business-for-sale listings.
Q1 2009 Revenue Multiples In Charlotte-NC, NC
In the metro area, small businesses will usually sell for 0.00 times the selling company's revenues. This was the mean revenue multiple for in this metro area.
In other words, a business that has revenues of $200,000 might list for $0. Remember, however, that this is simply an average for revenue multiples in the area. Some companies 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 put this in perspective, the revenue multiple was 0.00 and the median revenue for listed businesses was $0.
Q1 2009 Cash Flow Multiples In Charlotte-NC, NC
Cash flow multiples are another common way to value a business.
For , the average cash flow multiple for listed businesses in the metro area was 0.00.
So, a firm with cash flows of $150,000 might have an asking price of $0. That's only if the firm complies with the local average. In practice, cash flow multiples can vary considerably from one business to another.
If you are interested in what cash flows are for a business in Charlotte-NC, BizBuySell.com determined that the median cash flow for Charlotte-NC 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 Charlotte-NC, NC
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 Charlotte-NC, NC Businesses
If you are contemplating buying a business or selling a business and would like to find out how much a business is worth, 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 Charlotte-NC, NC Business Valuations
If you are interested in trends in business-for-sale asking prices, here are the median asking prices for companies in the metro area for the last 9 quarters.
Here is how median revenue multiples are moving in the Charlotte-NC area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the Charlotte-NC area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.