Light & Raphael is seeing a lot of activity by both buyers and sellers. Good businesses that are well-priced, in geographic centers and in sought after industries are selling very quickly and attracting multiple offers.
BizBuySell
April 6, 2016
BizBuySell’s First Quarter 2016 Insight Report shows highest number of small businesses listed for sale since 2009, service and retail industries driving improving financial performance of sold businesses.
San Francisco, CA – BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported today that the median revenue and median cash flow of sold small businesses in the first quarter of 2016 reached their highest levels since BizBuySell first started tracking data in 2007. This is notable as the increased financials are resulting in higher sale prices for small businesses.
A total of 1,840 closed transactions were reported in the first quarter of 2016, a slight increase from the 1,830 transactions in the first quarter of 2015, however the businesses that sold this quarter appear to be much healthier. Businesses sold in the first quarter of 2016 grossed a median revenue of $478,000 compared to $442,000 last year, and a median cash flow of $110,000 compared to $104,000. These figures represent the highest median revenue and median cash flow of sold businesses on record at BizBuySell.