Q2 2009 Business Valuation Data
Business Valuations for Chicago, IL
BizBuySell.com has published its latest business valuation data, including Chicago, Illinois reports on business valuations for Q2 2009.
Q2 2009 Business Valuations in Chicago, IL
According to the latest data compiled by BizBuySell.com, Chicago listings for businesses for sale in Q2 2009 had a median asking price of $272,500.
The median ask price for selling businesses was $280,000 in Q2 2008.
Chicago, IL Q2 2009 Revenue Multiples
In the Chicago-Naperville-Joliet, IL-IN-WI metro area, businesses will on average sell for 0.86 times the selling company's revenues. The data indicates that is the mean revenue multiple for Q2 2009 in this part of the country.
According to the latest BizBuySell.com data, the median revenue for its listed businesses was $470,172 in Q2 2009.
In terms of trending year over year, the Q2 2008 revenue multiple was 0.84 and the median revenue for selling businesses was $445,882.
Q2 2009 Cash Flow Multiples In Chicago, IL
Cash flow multiples are a common way to value a business.
For Q2 2009, the average cash flow multiple for listed businesses in the Chicago-Naperville-Joliet, IL-IN-WI metro area was 3.42.
BizBuySell.com reports that the median cash flow for Chicago area businesses was $100,413 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 3.32 and the median cash flow was $103,826.
Number of Chicago Businesses for Sale in the Dataset
The study data comprised 510 listings in the Chicago-Naperville-Joliet, IL-IN-WI metro area. As such, some of the businesses used to derive the median valuation might be outside of Chicago, but they are nearby and so are probably representative of Chicago business valuations.
Tips for Chicago, IL Business Valuations
Knowing a company's value is relevant to many business decisions beyond defining a business exit asking price. It can influence things like estate planning strategies and how much you can borrow from creditors. This helpful tip comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Chicago, IL Businesses
If you are contemplating buying a business or selling a business and would like to find out how much a business is worth, 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 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 additional information.
Historical Data for Chicago, IL Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses for sale in the Chicago-Naperville-Joliet, IL-IN-WI metro area for the last 10 quarters.
The chart below shows how median revenue multiples are trending in the Chicago area, based on BizBuySell.com's economic data.
The table below provides data on how cash flow multiples are trending in the Chicago area, based on BizBuySell.com's quarterly reports.
Flow Multiple
Share this article
Additional Resources for Entrepreneurs