We just received the latest Concord-NC, North Carolina business valuation data for First Quarter 2009.
(article continues below)
Concord-NC, NC Q1 2009 Business Valuations
According to statistics issued by BizBuySell.com, Concord-NC business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Concord-NC, NC 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 Concord-NC company for much less. Similarly, some Concord-NC businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Concord-NC business. When an 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. As an example, a company listed for $125,000 would often sell for between $106,250 and $112,500.
Number of Concord-NC 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 Concord-NC, but they are in the area and so are probably representative of Concord-NC business valuations.
One year ago, in , the BizBuySell.com dataset for Concord-NC spanned listings. In a market where you would think fewer business owners would be selling it's a bit surprising to see see the same number of Concord-NC business-for-sale listings.
Concord-NC, NC Q1 2009 Revenue Multiples
In the metro area, businesses will typically 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 firm with revenues of $200,000 might list for $0. Keep in mind that this is just an average for revenue multiples in Concord-NC 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 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 Concord-NC, NC
Cash flow multiples are another popular technique 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 calculation is dependent on the business selling for the area's average multiple. Most businesses will not conform to industry- or area averages.
In case you were wondering what typical cash flows are for a business in Concord-NC, BizBuySell.com reports that the median cash flow for Concord-NC area businesses was $0 in . In , cash flow multiples clocked in at 0.00 and the median cash flow was $0.
Tips for Concord-NC, NC Business Sellers
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 Concord-NC, NC Businesses
If you are contemplating buying a business or selling a business and would like to get an estimated business valuation, 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 published every quarter. If you find these trends interesting, take a moment to visit BizBuySell.com Insights Report for more 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 key executives at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Concord-NC, NC 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 Concord-NC area, based on BizBuySell.com's data.
The table below shows how cash flow multiples are trending in the Concord-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.