Q2 2009 Business Valuation Data
Business Valuations for Durham, NC
Here's the latest BizBuySell.com Durham, North Carolina business-for-sale data on local business valuations.
Q2 2009 Business Valuations in Durham, NC
According to the latest data compiled by BizBuySell.com, Durham listings for businesses for sale in Q2 2009 had a median asking price of $207,500.
The median ask price for selling businesses was $235,000 in Q2 2008.
Q2 2009 Revenue Multiples In Durham, NC
In the Durham, NC metro area, small businesses will on average sell for 0.78 times the selling company's revenues. This was the mean revenue multiple for Q2 2009 in this area of the country.
According to the latest BizBuySell.com data, the median revenue for its listed businesses was $471,695 in Q2 2009.
As a reference point, the Q2 2008 revenue multiple was 1.16 and the median revenue for selling businesses was $338,360.
Q2 2009 Cash Flow Multiples In Durham, NC
Cash flow multiples are a common way to value a business.
For Q2 2009, the average cash flow multiple for listed businesses in the Durham, NC metro area was 3.55.
BizBuySell.com reports that the median cash flow for Durham area businesses was $87,000 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 4.34 and the median cash flow was $68,129.
Number of Durham Businesses for Sale in the Dataset
The study data comprised 44 listings in the Durham, NC metro area. As such, some of the businesses used to derive the median valuation might be outside of Durham, but they are nearby and so are probably representative of Durham business valuations.
Tips for Durham, NC Business Valuations
When coming up with an asking price for a business, small business owners should engage a third-party valuation firm whenever possible. You don't have to sell your business for the consultant's valuation price, but at least you'll get an objective perspective on what the business is worth. This business valuation advice comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Durham, NC 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.
Historical Data for Durham, NC Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses in the Durham, NC metro area for the last 10 quarters.
The chart below shows how median revenue multiples are changing in the Durham area, based on BizBuySell.com's quarterly reports.
Here is how cash flow multiples are trending in the Durham area, based on BizBuySell.com's quarterly reports.
Flow Multiple
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