BizBuySell.com has just released its Newport News-VA, Virginia business valuation data for First Quarter 2009.
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Newport News-VA, VA Q1 2009 Business Valuations
According to statistics issued by BizBuySell.com, Newport News-VA 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, Newport News-VA, VA 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 Newport News-VA company for much less. However, some Newport News-VA businesses may be selling for much more.
Another thing to remember is that this is the asking price for a Newport News-VA 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 varies considerably. As an example, a company listed for $125,000 would often sell for between $106,250 and $112,500.
Number of Newport News-VA 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 Newport News-VA, but they are nearby and so are likely representative of Newport News-VA business valuations.
One year ago, in , the BizBuySell.com dataset for Newport News-VA 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 Newport News-VA business-for-sale listings.
Newport News-VA, VA Q1 2009 Revenue Multiples
In the metro area, businesses will usually 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 business that has revenues of $200,000 might list for $0. Remember, however, that this is just an average for revenue multiples in the area. 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 Newport News-VA, VA
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 firm 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 Newport News-VA, BizBuySell.com reports that the median cash flow for Newport News-VA 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 Newport News-VA, VA
It's critical to keep the potential sale of your business as confidential as possible. If that confidentiality is compromised, you risk losing customers, employees and vendors. Loose lips sink ships...and sink business-for-sale transactions as well! This useful business selling advice comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.
Business Valuations for Newport News-VA, VA 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 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 Newport News-VA, VA Business Valuations
If you are interested in trends in business-for-sale asking prices, here are the median asking prices for businesses for sale in the metro area for the last 9 quarters.
Here is how median revenue multiples are trending in the Newport News-VA area, based on BizBuySell.com's quarterly reports.
Here is how cash flow multiples are trending in the Newport News-VA area, based on BizBuySell.com's quarterly reports.
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Median Cash
Flow Multiple |
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