Below you find listing and sales prices of small businesses across the U.S. based on near fifty thousand businesses for sale and those recently sold. The reports provided cover near 100 major markets and publish geographically structured data about trends and averages in the industry.
Small businesses are getting healthier, supply continues to drive market.
In Q2 small business transactions reached the highest levels reported since before the recession started in summer 2008.
The improving financial performance of small businesses is a key contributor to rising transaction levels. Both the median asking and median sale price for small businesses rose in second quarter, assisted by the business owner’s ability to show higher sales revenue and cash-flow numbers. The median cash flow of small businesses sold during the quarter spiked nearly 8% from $93,000 in Q2-2013 to $100,000 in Q2-2014. The median sales revenue also increased from $393,700 to $400,060.
| Market | Number of Businesses Listed | Asking Price (median) | Revenue (median) | Cash Flow (median) | Asking Price to Revenue (average) | Asking Price to Cash Flow (average) |
|---|---|---|---|---|---|---|
| Albany-Schenectady-Troy, NY | 57 | $325,000 | $700,000 | $135,200 | 0.77 | 2.97 |
| Albuquerque, NM | 48 | $353,000 | $544,658 | $121,500 | 0.77 | 2.90 |
| Atlanta-Sandy Springs-Marietta, GA | 593 | $231,525 | $470,000 | $99,700 | 0.79 | 3.27 |
| Austin-Round Rock, TX | 188 | $225,000 | $347,037 | $107,582 | 0.89 | 2.98 |
| Baltimore-Towson, MD | 248 | $255,000 | $496,654 | $110,000 | 0.72 | 2.93 |
| Birmingham-Hoover, AL | 79 | $299,000 | $416,198 | $95,000 | 0.84 | 3.40 |
| Boston-Cambridge-Quincy, MA-NH | 525 | $189,000 | $400,000 | $104,000 | 0.65 | 2.48 |
| Bridgeport-Stamford-Norwalk, CT | 141 | $199,900 | $391,000 | $100,000 | 0.60 | 2.65 |
| Buffalo-Niagara Falls, NY | 50 | $250,000 | $363,500 | $100,000 | 1.01 | 3.60 |
| Charlotte-Gastonia-Concord, NC-SC | 208 | $225,000 | $402,667 | $92,862 | 0.69 | 2.84 |
| Chicago-Naperville-Joliet, IL-IN-WI | 643 | $275,000 | $500,000 | $110,000 | 0.81 | 3.12 |
| Cincinnati-Middletown, OH-KY-IN | 97 | $225,000 | $535,000 | $90,000 | 0.62 | 3.24 |
| Cleveland-Elyria-Mentor, OH | 94 | $187,500 | $387,000 | $79,899 | 0.75 | 3.04 |
| Columbus, OH | 147 | $197,000 | $475,000 | $93,600 | 0.68 | 2.81 |
| Contra Costa-Alameda-Solano, CA | 166 | $239,500 | $495,000 | $101,000 | 0.83 | 3.14 |
| Dallas-Fort Worth-Arlington, TX | 795 | $224,000 | $416,000 | $98,384 | 0.81 | 3.21 |
| Dayton, OH | 63 | $225,000 | $557,152 | $87,000 | 0.73 | 3.20 |
| Denver-Aurora, CO | 373 | $245,000 | $401,072 | $100,000 | 0.76 | 2.85 |
| Detroit-Warren-Livonia, MI | 142 | $190,000 | $360,800 | $75,500 | 0.82 | 3.33 |
| Durham, NC | 19 | $190,000 | $409,883 | $67,591 | 0.95 | 3.67 |
| Fresno, CA | 21 | $249,000 | $420,000 | $91,806 | 0.77 | 4.57 |
| Greensboro-High Point, NC | 60 | $255,000 | $620,000 | $122,500 | 0.73 | 3.43 |
| Hartford-West Hartford-East Hartford, CT | 163 | $200,000 | $400,000 | $86,000 | 0.64 | 2.83 |
| Honolulu, HI | 38 | $275,000 | $350,000 | $118,878 | 1.03 | 3.70 |
| Houston-Sugar Land-Baytown, TX | 456 | $200,000 | $400,000 | $93,300 | 0.84 | 3.15 |
| Indianapolis-Carmel, IN | 102 | $249,500 | $551,476 | $100,000 | 0.60 | 2.91 |
| Jacksonville, FL | 391 | $210,000 | $394,701 | $98,450 | 0.73 | 2.83 |
| Kansas City, MO-KS | 160 | $225,000 | $495,000 | $86,448 | 0.98 | 3.42 |
| Las Vegas-Paradise, NV | 295 | $169,000 | $314,623 | $81,143 | 0.76 | 2.73 |
| Los Angeles-Long Beach-Santa Ana, CA | 2,140 | $200,000 | $400,000 | $95,202 | 0.73 | 2.80 |
| Louisville-Jefferson County, KY-IN | 85 | $275,000 | $355,000 | $90,000 | 1.16 | 4.02 |
| Memphis, TN-MS-AR | 84 | $244,450 | $471,510 | $115,000 | 0.72 | 3.14 |
| Miami-Fort Lauderdale-Miami Beach, FL | 1,389 | $200,000 | $365,786 | $100,000 | 0.83 | 2.81 |
| Milwaukee-Waukesha-West Allis, WI | 68 | $295,000 | $515,000 | $97,500 | 0.81 | 3.88 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 329 | $220,000 | $376,925 | $75,149 | 0.88 | 3.66 |
| Nashville-Davidson--Murfreesboro, TN | 291 | $189,000 | $363,722 | $80,000 | 0.76 | 2.77 |
| New Haven-Milford, CT | 124 | $235,000 | $453,634 | $103,619 | 0.69 | 3.08 |
| New Jersey | 1,801 | $269,900 | $420,000 | $107,392 | 0.86 | 3.05 |
| New Orleans-Metairie-Kenner, LA | 135 | $168,000 | $273,000 | $60,000 | 1.10 | 3.90 |
| New York-Northern New Jersey-Long Island, NY-NJ-PA | 4,501 | $275,000 | $496,500 | $124,000 | 0.75 | 2.70 |
| Oklahoma City, OK | 82 | $301,750 | $520,885 | $113,746 | 0.82 | 3.46 |
| Orange County, CA | 568 | $194,000 | $356,197 | $84,000 | 0.69 | 2.65 |
| Orlando-Kissimmee, FL | 813 | $180,000 | $325,000 | $90,000 | 0.75 | 2.63 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 826 | $250,000 | $429,779 | $109,685 | 0.82 | 2.94 |
| Phoenix-Mesa-Scottsdale, AZ | 1,024 | $175,000 | $347,881 | $80,000 | 0.72 | 2.70 |
| Pittsburgh, PA | 80 | $303,900 | $462,500 | $100,095 | 0.78 | 3.26 |
| Portland-Vancouver-Beaverton, OR-WA | 148 | $222,500 | $369,500 | $84,265 | 0.85 | 3.54 |
| Providence-New Bedford-Fall River, RI-MA | 137 | $269,000 | $425,056 | $102,590 | 0.79 | 3.29 |
| Raleigh-Cary, NC | 135 | $269,000 | $500,000 | $109,265 | 0.91 | 3.16 |
| Richmond, VA | 66 | $222,500 | $467,648 | $84,347 | 0.68 | 2.88 |
| Riverside-San Bernardino-Ontario, CA | 370 | $195,000 | $400,000 | $94,500 | 0.75 | 2.87 |
| Rochester, NY | 94 | $249,000 | $425,491 | $97,174 | 0.74 | 2.93 |
| Sacramento--Arden-Arcade--Roseville, CA | 184 | $225,000 | $382,285 | $88,962 | 0.85 | 3.22 |
| Salt Lake City, UT | 168 | $264,500 | $330,873 | $95,014 | 0.98 | 3.73 |
| San Antonio, TX | 161 | $260,000 | $467,913 | $100,165 | 0.94 | 3.70 |
| San Diego-Carlsbad-San Marcos, CA | 329 | $180,000 | $356,237 | $87,000 | 0.77 | 2.66 |
| San Francisco-Oakland-Fremont, CA | 287 | $250,000 | $507,000 | $111,000 | 0.78 | 3.02 |
| San Jose-Sunnyvale-Santa Clara, CA | 111 | $225,000 | $417,578 | $100,000 | 0.65 | 2.77 |
| Seattle-Tacoma-Bellevue, WA | 222 | $199,000 | $402,772 | $89,907 | 0.84 | 3.01 |
| St. Louis, MO-IL | 206 | $207,500 | $455,957 | $76,368 | 0.66 | 3.48 |
| Tampa-St. Petersburg-Clearwater, FL | 787 | $160,000 | $316,517 | $80,287 | 0.72 | 2.70 |
| Tucson, AZ | 91 | $199,000 | $421,210 | $92,560 | 0.75 | 3.00 |
| Tulsa, OK | 47 | $300,000 | $465,244 | $99,600 | 0.71 | 3.74 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 140 | $202,500 | $355,500 | $77,600 | 0.69 | 3.13 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 612 | $240,000 | $500,000 | $100,000 | 0.67 | 2.73 |
| Wichita, KS | 35 | $350,000 | $525,000 | $120,000 | 1.05 | 4.44 |
| Winston-Salem, NC | 26 | $322,250 | $433,500 | $75,000 | 0.85 | 4.33 |
Credits to the source: BizBuySell