Q2 2009 Business Valuation Data
Business Valuations for Livonia, MI
Here's the latest BizBuySell.com Livonia, Michigan business valuation statistics for Second Quarter 2009.
Q2 2009 Business Valuations in Livonia, MI
Based on statistics prepared by BizBuySell.com, Livonia listings for businesses for sale in Q2 2009 had a median asking price of $200,000.
The median ask price for selling businesses was $241,000 in Q2 2008.
Q2 2009 Revenue Multiples In Livonia, MI
In the Detroit-Warren-Livonia, MI metro area, companies will usually sell for 0.84 times the selling company's revenues. The data indicates that is 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 $371,000 in Q2 2009.
To put this in perspective, the Q2 2008 revenue multiple was 0.98 and the median revenue for selling businesses was $332,305.
Q2 2009 Cash Flow Multiples In Livonia, MI
Cash flow multiples are a common way to value a business.
For Q2 2009, the average cash flow multiple for listed businesses in the Detroit-Warren-Livonia, MI metro area was 3.42.
BizBuySell.com reports that the median cash flow for Livonia area businesses was $80,023 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 3.68 and the median cash flow was $80,835.
Number of Livonia Businesses for Sale in the Dataset
The study data comprised 168 listings in the Detroit-Warren-Livonia, MI metro area. As such, some of the businesses used to derive the median valuation might be outside of Livonia, but they are in the area and so are probably representative of Livonia business valuations.
Considerations When Valuing a Business in Livonia, MI
Some of the most popular business valuation methods are based on the market price for similar companies that are selling in the same timeframe. However, if it is warranted, the unique characteristics of a business may lead a valuation expert to calculate a company valuation that is radically different from peer company valuations. This good advice comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Livonia, MI 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 Livonia, MI Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for companies in the Detroit-Warren-Livonia, MI metro area for the last 10 quarters.
The chart below shows how median revenue multiples are changing in the Livonia area, based on BizBuySell.com's quarterly reports.
The table below provides data on how cash flow multiples are trending in the Livonia area, based on BizBuySell.com's quarterly reports.
Flow Multiple
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