We just received the latest East Hartford-CT, Connecticut small business valuation trend data for First Quarter 2009.
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Q1 2009 Business Valuations in East Hartford-CT, CT
Based on data compiled by BizBuySell.com, East Hartford-CT business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . In spite of the difficult economy, East Hartford-CT, CT business valuations appear to be relatively stable.
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 East Hartford-CT company for much less. Alternatively, some East Hartford-CT businesses may be selling for much more.
Another thing to remember is that this is the asking price for a East Hartford-CT business. When a small business owner 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. So, a business listed for $100,000 might sell for between $85,000 and $90,000.
Number of East Hartford-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 East Hartford-CT, but they are in the area and so are likely representative of East Hartford-CT business valuations.
One year ago, in , the BizBuySell.com dataset for East Hartford-CT 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 East Hartford-CT business-for-sale listings.
Q1 2009 Revenue Multiples In East Hartford-CT, CT
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 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 the area. Some small 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 .
In terms of trending year over year, the revenue multiple was 0.00 and the median revenue for listed businesses was $0.
Q1 2009 Cash Flow Multiples In East Hartford-CT, CT
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. Cash flow multiples will usually vary considerably based on many factors.
In case you were wondering what typical cash flows are for a business in East Hartford-CT, BizBuySell.com determined that the median cash flow for East Hartford-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 East Hartford-CT, CT
Most business sales involve seller financing, especially in this enviroment when credit is tight. You have to finance as much as 70% of the purchase price. Typically, you would structure the deal to be paid off in full within four to five years. This helpful tip comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for East Hartford-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 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 the appropriate contacts at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for East Hartford-CT, CT 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 trending in the East Hartford-CT area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the East Hartford-CT area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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