Q2 2009 Business Valuation Data
Business Valuations for Miami Beach, FL
Here's the latest BizBuySell.com Miami Beach, Florida business-for-sale data on local business valuations.
Miami Beach, FL Q2 2009 Business Valuations
According to the latest data compiled by BizBuySell.com, Miami Beach listings for businesses for sale in Q2 2009 had a median asking price of $260,000.
The median ask price for selling businesses was $295,000 in Q2 2008.
Q2 2009 Revenue Multiples In Miami Beach, FL
In the Miami-Fort Lauderdale-Miami Beach, FL metro area, businesses will on average sell for 0.90 times the selling company's revenues. That was the mean revenue multiple for Q2 2009 in this metro area.
According to the latest BizBuySell.com data, the median revenue for its listed businesses was $433,000 in Q2 2009.
In terms of trending year over year, the Q2 2008 revenue multiple was 0.98 and the median revenue for selling businesses was $449,212.
Q2 2009 Cash Flow Multiples In Miami Beach, FL
Cash flow multiples are a common way to value a business.
For Q2 2009, the average cash flow multiple for businesses listed in the Miami-Fort Lauderdale-Miami Beach, FL metro area was 3.20.
BizBuySell.com reports that the median cash flow for Miami Beach area businesses was $110,560 in Q2 2009. In Q2 2008, cash flow multiples clocked in at 3.32 and the median cash flow was $111,000.
Number of Miami Beach Businesses for Sale in the Dataset
The study data comprised 1771 listings in the Miami-Fort Lauderdale-Miami Beach, FL metro area. As such, some of the businesses used to derive the median valuation might be outside of Miami Beach, but they are in the area and so are probably representative of Miami Beach business valuations.
Tips for Miami Beach, FL Business Valuations
At the end of the day, the value of a business is what a buyer is willing to pay for it. When people get business appraisals, they need to keep that in mind. You should never lock in on a business sale price, because ultimately the market has the final word on what companies sell for. This advice on how to determine the worth of a business comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.
Business Valuations for Miami Beach, FL 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 Miami Beach, FL Business Valuations
With respect to local trends in business-for-sale asking prices, here are the median asking prices for businesses in the Miami-Fort Lauderdale-Miami Beach, FL metro area for the last 10 quarters.
The chart below shows how median revenue multiples are trending in the Miami Beach area, based on BizBuySell.com's quarterly reports.
The table below provides data on how cash flow multiples are trending in the Miami Beach area, based on BizBuySell.com's quarterly reports.
Flow Multiple
Share this article
Additional Resources for Entrepreneurs