Q2 2009 Business Valuation Data
Business Valuations for Concord, NC
Here's the latest BizBuySell.com Concord, North Carolina business valuation statistics for Second Quarter 2009.
Concord, NC Q2 2009 Business Valuations
According to the latest data compiled by BizBuySell.com, Concord 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.
Q2 2009 Revenue Multiples In Concord, NC
In the Charlotte-Gastonia-Concord, NC-SC metro area, businesses will usually 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.
To put this in perspective, the Q2 2008 revenue multiple was 0.80 and the median revenue for selling businesses was $544,529.
Q2 2009 Cash Flow Multiples In Concord, NC
Cash flow multiples are a useful metric that is used to value a business.
For Q2 2009, the average cash flow multiple for businesses listed in the Charlotte-Gastonia-Concord, NC-SC metro area was 3.78.
BizBuySell.com reports that the median cash flow for Concord 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 Concord Businesses for Sale in the Dataset
The study data comprised 259 listings in the Charlotte-Gastonia-Concord, NC-SC metro area. As such, some of the businesses used to derive the median valuation might be outside of Concord, but they are in the area and so are probably representative of Concord business valuations.
Tips for Concord, NC Business Valuations
When working with a business valuation consulting firm, be prepared. The valuation company will need detailed information on business assets, historial earnings and projected future earnings. This helpful tip on business valuations comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Concord, 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 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.
Historical Data for Concord, NC Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses 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 Concord area, based on BizBuySell.com's economic data.
The table below provides data on how cash flow multiples are trending in the Concord area, based on BizBuySell.com's quarterly reports.
Flow Multiple
Share this article
Additional Resources for Entrepreneurs