Every quarter, BizBuySell.com published business valuation data, and we now have their latest Milford-CT, Connecticut business valuation data for First Quarter 2009.
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Q1 2009 Business Valuations in Milford-CT, CT
According to statistics issued by BizBuySell.com, Milford-CT business-for-sale listings in had a median asking price of $0.
That compares to a median ask price of $0 in . Milford-CT, CT 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 Milford-CT company for much less. However, some Milford-CT businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Milford-CT business. When an entrepreneur 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 depends on deal specifics. So, a business listed for $100,000 might sell for between $85,000 and $90,000.
Number of Milford-CT 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 Milford-CT, but they are in the area and so are probably representative of Milford-CT business valuations.
One year ago, in , the BizBuySell.com dataset for Milford-CT 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 Milford-CT business-for-sale listings.
Q1 2009 Revenue Multiples In Milford-CT, CT
In the metro area, businesses will usually sell for 0.00 times the selling company's revenues. The data indicates that is the mean revenue multiple for in this part of the country.
In other words, a business that has revenues of $200,000 might list for $0. Keep in mind that this is just 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 Milford-CT, CT
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 Milford-CT, BizBuySell.com reports that the median cash flow for Milford-CT 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 Milford-CT, CT
Most business sales involve seller financing, especially in this enviroment when credit is tight. You have to finance as much as 70% of the purchase price. Typically, you would structure the deal to be paid off in full within four to five years. This helpful tip comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Milford-CT, CT 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 key executives at both BizBuySell.com and Chicagoland Sunbelt.
Historical Data for Milford-CT, CT 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 moving in the Milford-CT area, based on BizBuySell.com's economic data.
The table below shows how cash flow multiples are trending in the Milford-CT area, based on BizBuySell.com's quarterly reports.
Quarter |
Median Cash
Flow Multiple |
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