We just received the latest Kenner-LA, Louisiana business-for-sale statistics.
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Kenner-LA, LA Q1 2009 Business Valuations
Based on data compiled by BizBuySell.com, Kenner-LA 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, Kenner-LA, LA business valuations appear to be relatively stable.
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 Kenner-LA company for much less. However, some Kenner-LA businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Kenner-LA 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 Kenner-LA 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 Kenner-LA, but they are close by and so are probably representative of Kenner-LA business valuations.
One year ago, in , the BizBuySell.com dataset for Kenner-LA 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 Kenner-LA business-for-sale listings.
Q1 2009 Revenue Multiples In Kenner-LA, LA
In the metro area, companies will typically sell for 0.00 times the selling company's revenues. That was the mean revenue multiple for in this area of the country.
In other words, a firm with revenues of $200,000 might list for $0. Keep in mind that this is strictly an average for revenue multiples in the area. 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 Kenner-LA, LA
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 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 Kenner-LA, BizBuySell.com reports that the median cash flow for Kenner-LA area businesses was $0 in . In , cash flow multiples clocked in at 0.00 and the median cash flow was $0.
Tips for Kenner-LA, LA Business Sellers
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 Kenner-LA, LA 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 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 key executives at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Kenner-LA, LA 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 Kenner-LA area, based on BizBuySell.com's quarterly reports.
The table below shows how cash flow multiples are trending in the Kenner-LA area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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