We just received the latest Mentor-OH, Ohio business valuation data for First Quarter 2009.
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Q1 2009 Business Valuations in Mentor-OH, OH
According to statistics issued by BizBuySell.com, Mentor-OH 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, Mentor-OH, OH 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 Mentor-OH company for much less. Similarly, some Mentor-OH businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Mentor-OH business. When an entrepreneur 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 varies considerably. So, a business listed for $100,000 might sell for between $85,000 and $90,000.
Number of Mentor-OH 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 Mentor-OH, but they are in the area and so are probably representative of Mentor-OH business valuations.
One year ago, in , the BizBuySell.com dataset for Mentor-OH spanned listings. In a market where you would think fewer business owners would be selling, it's a bit surprising to see the same number of Mentor-OH business-for-sale listings.
Q1 2009 Revenue Multiples In Mentor-OH, OH
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 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 Mentor-OH and surrounding communities. Some companies 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 .
As a reference point, the revenue multiple was 0.00 and the median revenue for listed businesses was $0.
Q1 2009 Cash Flow Multiples In Mentor-OH, OH
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 business 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 Mentor-OH, BizBuySell.com reports that the median cash flow for Mentor-OH 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 Mentor-OH, OH
Buyers pay more for certainty than for uncertainty, especially when it comes to future cash flows. So, think about ways to lock in future cash flows for a prospective buyer and, if it can be done, you'll then be able to command a higher sale price for your business. This useful tip for selling a business comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Mentor-OH, OH Businesses
If you are contemplating buying a business or selling a business and would like to value a specific business, 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 Mentor-OH, OH 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 Mentor-OH area, based on BizBuySell.com's quarterly reports.
Here is how cash flow multiples are trending in the Mentor-OH area, based on BizBuySell.com's quarterly reports.
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Median Cash
Flow Multiple |
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