Q2 2009 Business Valuation Data
Business Valuations for Long Island, NY
Here's the latest BizBuySell.com Long Island, New York small company business valuation data for Second Quarter 2009.
Long Island, NY Q2 2009 Business Valuations
According to the latest data compiled by BizBuySell.com, Long Island listings for businesses for sale in Q2 2009 had a median asking price of $250,000.
The median ask price for selling businesses was $257,000 in Q2 2008.
Long Island, NY Q2 2009 Revenue Multiples
In the New York-Northern New Jersey-Long Island, NY-NJ-PA metro area, businesses will on average sell for 0.82 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 $448,944 in Q2 2009.
To put this in perspective, the Q2 2008 revenue multiple was 0.87 and the median revenue for selling businesses was $425,000.
Q2 2009 Cash Flow Multiples In Long Island, NY
Cash flow multiples are a common way to value a business.
For Q2 2009, the average cash flow multiple for listed businesses in the New York-Northern New Jersey-Long Island, NY-NJ-PA metro area was 2.91.
BizBuySell.com found that the median cash flow for Long Island area businesses was $119,204 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 2.94 and the median cash flow was $118,840.
Number of Long Island Businesses for Sale in the Dataset
The study data comprised 4822 listings in the New York-Northern New Jersey-Long Island, NY-NJ-PA metro area. Many of the businesses in the dataset are outside of Long Island, but they are close by and so are probably representative of Long Island business valuations.
Tips for Long Island, NY 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 Long Island, NY 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 Long Island, NY Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses in the New York-Northern New Jersey-Long Island, NY-NJ-PA metro area for the last 10 quarters.
The chart below shows how median revenue multiples are moving in the Long Island area, based on BizBuySell.com's economic data.
Here is how cash flow multiples are trending in the Long Island area, based on BizBuySell.com's quarterly reports.
Flow Multiple
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