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Business Sales Increase With Highest Level of Listing Activity in Years

May 2, 2016
Article #336
Author: Mel Jones

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According to BizBuySell.com, the nation's largest business advertising website, business listings reached their highest levels since BizBuySell.com started keeping track of such data. The median cash flow for businesses sold reached their highest levels since 2007 as well. 

As the baby boomers are aging, more and more business owners are selling their businesses in lieu of handing them to their children and according to BizBuySell.com, the quality of the business' financials are causing the average sales prices as well as the average cash flow to increase. The average asking sales price in the first quarter grew 11% to $250,000 in 2016 while the average cash flow improved from $100,000 to $106,000 in 2016.  The final sales prices were about 90% of the asking price in the first quarter, a high for BizBuySell.com.

But the restaurant sales business bucked the trend, in part due the the "populous" movement forcing wages to increase, in part due to regulations placing undue burdens on the food industry and finally the affect of Obamacare on small businesses. The average revenue of restaurants sold decreased from $475,000 to $432,000 while the median cash flow dipped from $95,500 to $80,500. As for the sales price, those dropped slightly from $149,500 to $148,000. 

Please call Mel Jones at 800.576.3615 if you have any questions. 

                                                                                                                                                                                                                                                      

Mel Jones is one of the premier restaurant brokers in the nation having published hundreds of articles on buying and selling a restaurant and bar business, selling thousands of restaurants in CA., WA and AZ and building one of the most copied business models in the brokerage industry.  Mel started SellingRestaurants in 2004 with the one simple concept, give the buyers the information they need to make intelligent buying decisions without being pestered by a broker or hiding information, prepare the business for market by researching key details that make or break deals and educate the buyer on the buying process to create an intelligent buyer.  Prior to SellingRestaurants, Mel was a Chief Financial Officer for Universal Music Group, the largest music company in the world.  There he participated in more than $11.5 billion of merger and acquisition transactions.  He also work for top companies such as Nestle Foods, USA. He hold a Bachelors in Business Administration Finance as well as attened Law School at Gonzaga University.  Give Mel a call at 480.274.7000 or e-mail him at [email protected] if you have any questions. 

 


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