BizBuySell released its periodic Insight Report analyzing small business listing and sales trends for 2013 and to-date 2014. BizBuySell is one the oldest and biggest online marketplaces for small business sales. The reports projects a buoyant market for small business transfers through 2015.
Some of the highlights from the report:
- 2014 will be a record year for small business sales. Third quarter 2014 sales of businesses were 18% higher than the same period in the prior year. Although the volume was down slightly from the second quarter, to-date sales are running 21% over the prior year.
- A turn to a sellers market? Median selling prices have increased. Sale prices on average were 95% of asking prices, the highest level since 2008.
- Multipliers have increased. The average multiplier (price / cash flow) increased in the period to 2.38. However we continue to see a lot of variability based on industry, geographic location and size of the deal.
Access the full report at http://www.bizbuysell.com/news/article104.html.