Q3 2009 Business Valuation Data
Sell My Norfolk-VA, NC Business
We just received the latest Norfolk-VA, North Carolina business-for-sale statistics.
Median Ask Prices for Norfolk-VA, NC Businesses
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 11 quarters.
As you can see from the chart above, Norfolk-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, Norfolk-VA, NC business valuations appear to be relatively stable.
Revenue Multiples for Norfolk-VA, NC Businesses
Here is how median revenue multiples are trending in the Norfolk-VA area, based on BizBuySell.com's economic data.
In the metro area, companies will typically sell for 0.00 times the selling company's revenues. As shown in the chart above, that was the mean revenue multiple for in this metro area.
In other words, a business that has revenues of $150,000 might list for $0. Remember, however, that this is just 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 Norfolk-VA business-for-sale listings was $0 in .
As a reference point, the revenue multiple was 0.00 and the median revenue for listed Norfolk-VA businesses was $0.
Cash Flow Multiples for Norfolk-VA, NC Businesses
Here is how cash flow multiples are trending in the Norfolk-VA area, based on BizBuySell.com's quarterly reports.
Flow Multiple
As you probably know, cash flow multiples are another useful method 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 $110,000 might list for $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.
In case you were wondering what typical cash flows are for a business in Norfolk-VA, BizBuySell.com reports that the median cash flow for Norfolk-VA area businesses was $0 in . In , Norfolk-VA cash flow multiples averaged 0.00 and the median cash flow was $0.
Number of Norfolk-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 Norfolk-VA, but they are in the area and so are probably representative of Norfolk-VA business valuations.
One year ago, in , the BizBuySell.com dataset for Norfolk-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 Norfolk-VA business-for-sale listings.
Can I Sell My Norfolk-VA, NC Business Now?
You can absolutely sell in this market. Deals are getting done every day. You just have to structure the deal properly. In this down economy, performance based pricing is very popular. When buyers and sellers differ on valuations, tools such as earnouts, equity ownership or profit sharing can bridge the valuation gap. In effect, this is a deferred purchase price, but it's a way to get a deal done in a tough economic climate. This helpful tip comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Norfolk-VA, NC Businesses
If you are considering buying a business or selling a business and would like to look at completed transaction sale price comparables in the area, we suggest you try the BizBuySell.com Business Valuation Tool. Based on your specific criteria, you can modify the company dataset that creates business valuation estimates. Access to the tool is very reasonable -- costing less than $100.
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.