We just received the latest Las Vegas-NV, Nevada business valuation data for First Quarter 2009.
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Q1 2009 Business Valuations in Las Vegas-NV, NV
Based on data compiled by BizBuySell.com, Las Vegas-NV 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, Las Vegas-NV, NV 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 Las Vegas-NV company for much less. However, some Las Vegas-NV businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Las Vegas-NV business. When a business owner lists a company 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 varies considerably. This suggests that a company listed for $325,000 might be purchased for between $276,250 and $292,500.
Number of Las Vegas-NV 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 Las Vegas-NV, but they are nearby and so are likely representative of Las Vegas-NV business valuations.
One year ago, in , the BizBuySell.com dataset for Las Vegas-NV 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 Las Vegas-NV business-for-sale listings.
Q1 2009 Revenue Multiples In Las Vegas-NV, NV
In the metro area, businesses 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 business that has revenues of $200,000 might list for $0. Remember, however, that this is strictly an average for revenue multiples in Las Vegas-NV 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 .
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 Las Vegas-NV, NV
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 calculation is dependent on the business selling for the area's average multiple. Most businesses will not conform to industry- or area averages.
If you are interested in what cash flows are for a business in Las Vegas-NV, BizBuySell.com found that the median cash flow for Las Vegas-NV 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 Las Vegas-NV, NV
When selling a business, think about how dependent the business is on you as the business owner. If the business is heavily dependent on your skills and your personal reputation, a buyer will pay less money for it. As such, it's important to make the business less dependent on you as you approach the time when you hope to sell. This advice on how to sell a company comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Las Vegas-NV, NV 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 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 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 key executives at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Las Vegas-NV, NV 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 tracking in the Las Vegas-NV area, based on BizBuySell.com's data.
Here is how cash flow multiples are trending in the Las Vegas-NV area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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