September 24, 2020  
 
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Q3 2009 Business Valuation Data

 

 

Sell My Tulsa, OK Business

BizBuySell.com has just released its Tulsa, Oklahoma small business valuation trend data for Third Quarter 2009.

Median Ask Prices for Tulsa, OK Businesses

If you are interested in trends in business-for-sale asking prices, here are the median asking prices for businesses in the Tulsa, OK metro area for the last 11 quarters.

Quarter

Median Ask

Q1 2007

$380,000

Q2 2007

$625,000

Q3 2007

$612,500

Q4 2007

$600,000

Q1 2008

$472,000

Q2 2008

$400,000

Q3 2008

$325,000

Q4 2008

$410,000

Q1 2009

$375,000

Q2 2009

$302,500

Q3 2009

$295,000

As you can see from the chart above, Tulsa business-for-sale listings in Q3 2009 had a median asking price of $295,000.

That compares to a median ask price of $325,000 in Q3 2008. Given that Tulsa, OK median business asking prices appear to be dropping, it suggests that selling Tulsa businesses may be lowering their prices to make their businesses more attractive to buyers.

Revenue Multiples for Tulsa, OK Businesses

Here is how median revenue multiples are changing in the Tulsa area, based on BizBuySell.com's economic data.

Quarter

Revenue Multiple

Q1 2007

0.89

Q2 2007

0.85

Q3 2007

1.00

Q4 2007

0.97

Q1 2008

0.87

Q2 2008

0.89

Q3 2008

0.87

Q4 2008

0.85

Q1 2009

0.78

Q2 2009

0.94

Q3 2009

0.86

In the Tulsa, OK metro area, companies will typically sell for 0.86 times the selling company's revenues. The data from BizBuySell.com indicates that is the mean revenue multiple for Q3 2009 in this area of the country.

In other words, a business that has revenues of $150,000 might list for $128,949. Keep in mind that this is simply an average for revenue multiples in Tulsa and surrounding communities. Some small businesses will have higher revenue multiples and others will have lower revenue multiples.

According to BizBuySell.com, the median revenues for its Tulsa business-for-sale listings was $462,077 in Q3 2009.

In terms of trending year over year, the Q3 2008 revenue multiple was 0.87 and the median revenue for listed Tulsa businesses was $470,000.

Cash Flow Multiples for Tulsa, OK Businesses

The table below shows how cash flow multiples are trending in the Tulsa area, based on BizBuySell.com's quarterly reports.

Quarter

Median Cash
Flow Multiple

Q1 2007

5.46

Q2 2007

3.48

Q3 2007

3.88

Q4 2007

4.04

Q1 2008

4.13

Q2 2008

4.23

Q3 2008

4.03

Q4 2008

4.09

Q1 2009

3.76

Q2 2009

3.71

Q3 2009

3.53

As you probably know, cash flow multiples are another common way to value a business.

For Q3 2009, the average cash flow multiple for listed businesses in the Tulsa, OK metro area was 3.53.

So, a business with cash flows of $110,000 might list for $388,544. That's only if the firm complies with the local average. Actual cash flow multiples are based on business specifics.

If you are interested in what cash flows are for a business in Tulsa, BizBuySell.com reports that the median cash flow for Tulsa area businesses was $97,964 in Q3 2009. In Q3 2008, Tulsa cash flow multiples averaged 4.03 and the median cash flow was $100,000.

Number of Tulsa Businesses for Sale in the Dataset

The study data comprised 34 listings in the Tulsa, OK metro area. As such, some of the businesses used to derive the median valuation might be outside of Tulsa, but they are in the area and so are probably representative of Tulsa business valuations.

In Q3 2008, just one year ago, there were 39 Tulsa listings in the BizBuySell.com dataset. As a result of the recession, fewer Tulsa business owners are selling because they hope to weather the storm and sell after the economy turns around.

Can I Sell My Tulsa, OK Business Now?

Selling a business now is the right decision for many business owners. That's because it's a great time to sell given the sheer number of buyers in the marketplace right now. Laid-off executives, for example, our turning to entrepreneurship and are actively exploring business-for-sale opportunities. If your business has solid fundamentals and you have a good plan, your next step should be to talk to a professional intermediary who can help you to package up the business for sale and get maximize your business sale price. This helpful tip comes from Domenic Rinaldi, managing partner of Chicagoland Sunbelt, a leading business brokerage firm.

Business Valuations for Tulsa, OK 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 recommend 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.

 

 

 

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