Q2 2009 Business Valuation Data
Business Valuations for Gastonia, NC
Here's the latest BizBuySell.com Gastonia, North Carolina business valuation statistics for Second Quarter 2009.
Q2 2009 Business Valuations in Gastonia, NC
Based on statistics prepared by BizBuySell.com, Gastonia listings for businesses for sale in Q2 2009 had a median asking price of $250,000.
The median ask price for selling businesses was $300,000 in Q2 2008.
Gastonia, NC Q2 2009 Revenue Multiples
In the Charlotte-Gastonia-Concord, NC-SC metro area, businesses will on average sell for 0.79 times the selling company's revenues. That 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 $400,000 in Q2 2009.
As a reference point, the Q2 2008 revenue multiple was 0.80 and the median revenue for selling businesses was $544,529.
Q2 2009 Cash Flow Multiples In Gastonia, NC
Cash flow multiples are a useful metric that is used to value a business.
For Q2 2009, the average cash flow multiple for listed businesses in the Charlotte-Gastonia-Concord, NC-SC metro area was 3.78.
BizBuySell.com reports that the median cash flow for Gastonia area businesses was $93,918 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 3.26 and the median cash flow was $101,681.
Number of Gastonia Businesses for Sale in the Dataset
The study data comprised 259 listings in the Charlotte-Gastonia-Concord, NC-SC metro area. Many of the businesses in the dataset are outside of Gastonia, but they are in the area and so are probably representative of Gastonia business valuations.
Considerations When Valuing a Business in Gastonia, NC
Long before you want to sell a business, it's a good idea to hire a business valuation consultant to get a feel for what a business is worth. By doing this, you'll learn how to value a business and will identify many improvements you can make to improve the valuation for your business. This good valuing-a-business tip comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Gastonia, NC 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 published every quarter. If you find these trends interesting, take a moment to visit BizBuySell.com Insights Report for more information.
Historical Data for Gastonia, NC Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for companies in the Charlotte-Gastonia-Concord, NC-SC metro area for the last 10 quarters.
The chart below shows how median revenue multiples are trending in the Gastonia area, based on BizBuySell.com's quarterly reports.
The table below provides data on how cash flow multiples are trending in the Gastonia area, based on BizBuySell.com's quarterly reports.
Flow Multiple
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