A buyer's market -- for businesses

Ever wondered what local businesses go for when they sell?

National Web site BizBuySell.com, which recently started tracking the data by metro area on a quarterly basis, reports that Orlando-area businesses are selling for below the national median sale price.

In the third quarter, the median asking price for Orlando businesses was $185,000 while the national median was $250,000.

Of the 31 sales of local businesses that closed in Orlando in the third quarter, the median sale price was $125,000.

About BizBuySell:

BizBuySell is the Internet's largest and most heavily trafficked business for sale marketplace, with more business for sale listings, more unique users, and more search activity than any other service. BizBuySell currently has an inventory of over 48,000 businesses for sale, and more than 275,000 unique visitors each month. BizBuySell also has one of the largest databases of sale comparables for recently sold businesses and one of the industry's leading franchise directories.

BizBuySell was founded in 1996 and acquired by LoopNet, Inc. in 2004. LoopNet operates the largest commercial real estate listing service online, with more than 2.2 million registered members and 920,000 unique visitors monthly. The LoopNet online marketplace contains more than $440 billion of property available for sale and 3.4 billion square feet of property available for lease.

Media Contact:

Frank Krolicki
Walker Sands Communications
office: (312) 546-4127
email: fkrolicki@walkersands.com

Return to News Articles