We just received the latest Fort Lauderdale-FL, Florida business valuation data for First Quarter 2009.
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Fort Lauderdale-FL, FL Q1 2009 Business Valuations
According to statistics issued by BizBuySell.com, Fort Lauderdale-FL 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, Fort Lauderdale-FL, FL 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 Fort Lauderdale-FL company for much less. Similarly, some Fort Lauderdale-FL businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Fort Lauderdale-FL business. When a business owner lists a business for sale, they typically set a price that ends up being more than the ultimate sale price. A sale-to-ask ratio typically might be between 0.85 and 0.90, but of course it varies considerably. So, a business listed for $100,000 might sell for between $85,000 and $90,000.
Number of Fort Lauderdale-FL 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 Fort Lauderdale-FL, but they are close by and so are probably representative of Fort Lauderdale-FL business valuations.
One year ago, in , the BizBuySell.com dataset for Fort Lauderdale-FL 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 Fort Lauderdale-FL business-for-sale listings.
Fort Lauderdale-FL, FL Q1 2009 Revenue Multiples
In the metro area, small 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 area of the country.
In other words, a business that has revenues of $200,000 might list for $0. Remember, however, that this is strictly an average for revenue multiples in Fort Lauderdale-FL 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 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 Fort Lauderdale-FL, FL
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 company 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.
If you are interested in what cash flows are for a business in Fort Lauderdale-FL, BizBuySell.com found that the median cash flow for Fort Lauderdale-FL area businesses was $0 in . In , cash flow multiples clocked in at 0.00 and the median cash flow was $0.
Tips for Fort Lauderdale-FL, FL Business Sellers
A diversified customer base is a great selling point to buyers. If you are preparing to sell a business and your customer base is not diversified, think about how you can diversify your customer base and thereby lower the risks for a buyer. By doing so, you can sell a business for a higher price. Ideally, no single customer should account for more than 10% of your revenues. This advice comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Fort Lauderdale-FL, FL 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 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 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 the appropriate contacts at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Fort Lauderdale-FL, FL 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 changing in the Fort Lauderdale-FL area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the Fort Lauderdale-FL area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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