Q2 2009 Business Valuation Data
Business Valuations for Kenner, LA
Recently, BizBuySell.com released its latest Kenner, Louisiana business valuation statistics for Second Quarter 2009.
Kenner, LA Q2 2009 Business Valuations
According to the latest data compiled by BizBuySell.com, Kenner listings for businesses for sale in Q2 2009 had a median asking price of $250,000.
The median ask price for selling businesses was $235,000 in Q2 2008.
Kenner, LA Q2 2009 Revenue Multiples
In the New Orleans-Metairie-Kenner, LA metro area, small businesses will on average sell for 1.04 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.
To put this in perspective, the Q2 2008 revenue multiple was 0.99 and the median revenue for selling businesses was $378,000.
Q2 2009 Cash Flow Multiples In Kenner, LA
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 New Orleans-Metairie-Kenner, LA metro area was 4.00.
BizBuySell.com found that the median cash flow for Kenner area businesses was $81,659 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 3.72 and the median cash flow was $75,737.
Number of Kenner Businesses for Sale in the Dataset
The study data comprised 71 listings in the New Orleans-Metairie-Kenner, LA metro area. As such, some of the businesses used to derive the median valuation might be outside of Kenner, but they are in the area and so are probably representative of Kenner business valuations.
Considerations When Valuing a Business in Kenner, LA
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 Kenner, LA 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 Kenner, LA Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses in the New Orleans-Metairie-Kenner, LA metro area for the last 10 quarters.
The chart below shows how median revenue multiples are changing in the Kenner area, based on BizBuySell.com's data.
The table below provides data on how cash flow multiples are trending in the Kenner area, based on BizBuySell.com's quarterly reports.
Flow Multiple
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