Q3 2009 Business Valuation Data

Sell My Fort Worth, TX Business

We just received the latest Fort Worth, Texas business valuation data for Third Quarter 2009.

Median Ask Prices for Fort Worth, TX Businesses

If you are interested in trends in business-for-sale asking prices, here are the median asking prices for businesses for sale in the Dallas-Fort Worth-Arlington, TX metro area for the last 11 quarters.

Quarter
Median Ask
Q1 2007
$330,000
Q2 2007
$300,000
Q3 2007
$330,000
Q4 2007
$330,000
Q1 2008
$300,000
Q2 2008
$291,000
Q3 2008
$275,000
Q4 2008
$290,000
Q1 2009
$285,000
Q2 2009
$290,000
Q3 2009
$299,500

As shown in the table, Fort Worth business-for-sale listings in Q3 2009 had a median asking price of $299,500.

That compares to a median ask price of $275,000 in Q3 2008. Because the median ask price for businesses for sale in Fort Worth has risen year over year, we can conclude that many smaller firms in Fort Worth are holding off on selling.

Revenue Multiples for Fort Worth, TX Businesses

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

Quarter
Revenue Multiple
Q1 2007
1.04
Q2 2007
1.04
Q3 2007
1.03
Q4 2007
1.00
Q1 2008
1.04
Q2 2008
1.00
Q3 2008
0.95
Q4 2008
0.96
Q1 2009
1.01
Q2 2009
1.04
Q3 2009
1.06

In the Dallas-Fort Worth-Arlington, TX metro area, companies will usually sell for 1.06 times the selling company's revenues. As the table above indicates, this was 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 $159,193. Remember, however, that this is simply an average for revenue multiples in the area. Some businesses will have higher revenue multiples and others will have lower revenue multiples.

According to BizBuySell.com, the median revenues for its Fort Worth business-for-sale listings was $431,000 in Q3 2009.

To put this in perspective, the Q3 2008 revenue multiple was 0.95 and the median revenue for listed Fort Worth businesses was $439,000.

Cash Flow Multiples for Fort Worth, TX Businesses

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

Quarter
Median Cash
Flow Multiple
Q1 2007
3.71
Q2 2007
3.69
Q3 2007
3.73
Q4 2007
3.69
Q1 2008
3.81
Q2 2008
3.69
Q3 2008
3.54
Q4 2008
3.53
Q1 2009
3.69
Q2 2009
3.69
Q3 2009
3.74

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

For Q3 2009, the average cash flow multiple for businesses listed in the Dallas-Fort Worth-Arlington, TX metro area was 3.74.

So, a company with cash flows of $110,000 might list for $411,277. That's only if the firm complies with the local average. Actual cash flow multiples are based on business specifics.

In case you were wondering what typical cash flows are for a business in Fort Worth, BizBuySell.com reports that the median cash flow for Fort Worth area businesses was $120,000 in Q3 2009. In Q3 2008, Fort Worth cash flow multiples averaged 3.54 and the median cash flow was $105,000.

Number of Fort Worth Businesses for Sale in the Dataset

The study data comprised 928 listings in the Dallas-Fort Worth-Arlington, TX metro area. Many of the businesses in the dataset are outside of Fort Worth, but they are in the area and so are probably representative of Fort Worth business valuations.

One year ago, in Q3 2008, the BizBuySell.com dataset for Fort Worth spanned 1085 listings. In a market where you would think fewer business owners would be selling, it's a bit surprising to see more Fort Worth business-for-sale listings.

Should I Sell My Fort Worth, TX Business Now?

It is a good time to sell a business. The market is turning and strategic buyers are very active. Many strategic buyers are flush with cash and see a great opportunity to grow market share and top-line revenues. For a selling SMB business owner, there is plenty of opportunity to cash out at a premium price. This advice on selling a business comes from Domenic Rinaldi, managing partner of Sun Acquisitions, a leading business brokerage firm.

Business Valuations for Fort Worth, TX Businesses

If you are contemplating buying a business or selling a business and would like to determine how much a business is worth, we suggest you try 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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