We just received the latest Metairie-LA, Louisiana business-for-sale statistics.
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Metairie-LA, LA Q1 2009 Business Valuations
According to statistics issued by BizBuySell.com, Metairie-LA business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Metairie-LA, LA business values are showing stability even in this tough economic environment.
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 Metairie-LA company for much less. However, some Metairie-LA businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Metairie-LA business. When a business owner 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 depends on deal specifics. If an owner lists a business for $150,000, it might end up selling for between $127,500 and $135,000.
Number of Metairie-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 Metairie-LA, but they are in the area and so are likely representative of Metairie-LA business valuations.
One year ago, in , the BizBuySell.com dataset for Metairie-LA 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 Metairie-LA business-for-sale listings.
Metairie-LA, LA Q1 2009 Revenue Multiples
In the metro area, businesses will typically sell for 0.00 times the selling company's revenues. This 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. Remember, however, that this is only 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 .
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 Metairie-LA, LA
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. Actual cash flow multiples are based on business specifics.
If you are interested in what cash flows are for a business in Metairie-LA, BizBuySell.com reports that the median cash flow for Metairie-LA 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 Metairie-LA, LA
When setting a price for a business, it's worthwhile to invest in a professional valuation. If you define the business selling price without a professional valuation, you may end up leaving money on the table or having an unrealistic price that prevents a deal from ever getting done. This helpful tip on buying a business comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Metairie-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 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 Metairie-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 tracking in the Metairie-LA area, based on BizBuySell.com's economic data.
The table below shows how cash flow multiples are trending in the Metairie-LA area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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