BizBuySell in the News

November 13, 2008

The Wall Street Journal

Sellers Offer a Financial Hand to Their Buyers

Businesses Looking to Cash Out Sometimes Need to Step in With a Loan as Credit Crunch Continues to Stymie Deals

October 27, 2008

St. Petersburg Times

Tampa Bay businesses sell for less in 2008

Homes aren't fetching prices desired by buyers. Now that market malady seems to be extending to businesses in the Tampa Bay area.

October 24, 2008

AZ Central

Up for grabs: Businesses looking to sell

Perusing the for-sale listings on business brokerage Web sites feels a lot like skimming the merchandise racks at Mervyns or Linens 'n Things.

October 20, 2008

Orange County Register

Are asking prices for local small firms too high?

The asking price for small businesses in this area is going up at a time that actual sales are dropping, reports BizBuySell, a businesses for sale web site.

October 14, 2008

Honolulu Star-Bulletin

Business Briefs

Honolulu business price triples. The median asking price for a Honolulu business jumped 197.7 percent in the third quarter, according to data released yesterday by BizBuySell.com.

October 10, 2008

Milwaukee Business Journal

It's a seller's market for small business acquisitions

The economy may be sputtering, but buyers paid top dollar to acquire small businesses in the third quarter of 2008, according to local and national sales data.

October 10, 2008

Baltimore Business Journal

Need a bright spot? Region could be a seller's market

Aspiring sellers of small businesses haven't tamped down their expectations one bit during the credit crunch. Except in Baltimore.

October 10, 2008

San Jose Business Journal

Business brokers see more listings, fewer sales in Q3

Brokers say purchases of South Bay businesses are dwindling amid tightening economic conditions, and looming uncertainties of the upcoming presidential election are adding to the situation.

October 10, 2008

South Florida Business Journal

Region's business owners opting not to sell out as economy slumps

Fewer business owners are selling these days, amid fears that the slumping economy will hurt the price they will get, transaction data indicates.

October 10, 2008

Pittsburgh Business Times

Number of regional M&A's drops as financial markets shudder

There were fewer mergers and acquisitions in the Pittsburgh area during the third quarter, and those deals that did happen came with lower price tags than a year ago, two new reports show.

October 8, 2008

SmallBusinessNewz

Report: Businesses' Prices On The Rise

It's not retreating when you win. Let's set aside all the warm, fuzzy stuff for a moment; one of the main points of owning a business is making money, right?

October 7, 2008

Inc.com

Fewer Small Businesses for Sale

Owners are waiting for the economy to improve before putting their companies on the market, BizBuySell reports.

September 19, 2008

Milwaukee Business Journal

A second chance: Demand grows for small businesses

Restless baby boomers and corporate castoffs downsized to the unemployment line are fueling a spike in interest in buying small businesses.

September 2, 2008

CNNMoney - Small Business

Sales of small businesses on the rise

The economy is struggling, but sales and valuations of small companies are up, according to the latest data.

August 11, 2008

Wall Street Journal

The best way to advertise and sell a building that would be useful for a small business

Is there a Web site that specializes in searching for real estate for small businesses or those who want to establish a small business?

August 1, 2008

Restaurant Hospitality

Do's and Don'ts of Seller Financing

Offering buyers financing assistance may lead to a faster sale of your restaurant. In today's tight business-for-sale marketplace, an owner's willingness to finance the sale gives him an edge over the competition. But owner financing isn't for the faint of heart. To stay on track, sellers need to follow some obvious - and not so obvious - do's and don'ts.

July 21, 2008

Los Angeles Times

Sales of Southern California companies drop sharply

L.A. County sells about a third fewer firms than in the same period last year, Riverside County about half as many. The median asking price for small businesses in Los Angeles and Orange counties is $225,000, the same as a year ago, according to BizBuySell.com, which has 4,363 local businesses listed for sale.

July 11, 2008

Pittsburgh Business Times

Deal volume falls as potential sellers wait out economic storm

Sales of Pittsburgh companies during the second quarter of 2008 are down from the corresponding three months in 2007, according to two just-compiled reports.

July 11, 2008

Atlanta Business Chronicle

Price of small businesses falls in 2Q

While small businesses nationwide sold for more in the second quarter than they did the prior year, metro Atlanta businesses-for-sale weren't as lucky.

July 8, 2008

Inc.com

Small Businesses Selling For More

With valuations on the rise, buyers are paying closer to asking prices. Despite the economic downturn, small businesses on the market are selling for more than they did a year ago, according BizBuySell.com.

June 27, 2008

Atlanta Business Chronicle

Boomers fueling spike in business sales activity

As boomers retire or take early retirement, business brokers say they expect to see a twofold surge in activity.

June 24, 2008

Gloucester Daily Times

Before buying a business, make sure it's a good fit

Some studies indicate that well over half of all Americans are interested in owning a small business, and Boston residents are no exception. A recent Yahoo poll, for example, reveals that two-thirds of Americans have considered starting their own business.

May 27, 2008

24/7 Wall St.

A Crippling Year For Small Business: Few Sales, Tough Cash Flow

Small businesses think the economy is falling apart with little light at the end of the tunnel. The Discover's Small Business Watch index of confidence showed that "only 28 percent of business owners said that economic conditions were improving for their businesses," according to Reuters.

May 27, 2008

New York Times

Small Businesses on Discount

To all the usual reasons that small businesses are put up for sale - personal problems and personnel squabbles among them - add economic woes this year. But even as for-sale listings rise around the country, so is buyer interest.

May 9, 2008

Sacramento Business Journal

A Match made online

Business owners looking to sell find greater exposure on the Web. BizBuySell.com, one of the most popular Web sites for selling businesses, ran advertisements for 214 Sacramento-area companies and franchises in the first quarter, a 240 percent increase from 63 in the first quarter of last year.

May 3, 2008

Las Vegas Review-Journal

Study shows sales of businesses down in LV

Caroline Rohrer wants to sell her southeast Las Vegas florist business, but she's noticed a big problem with local buyers. "There aren't any," she said. The buyer shortage that Rohrer sees has hurt company values in Las Vegas, according to a recent report from a business-sales Web site. BizBuySell.com's analysis of more than 500 area businesses listed for sale on the site showed stark declines in sale prices for local companies.

April 11, 2008

San Jose Business Journal

Report: Buyers pay more for small firms with less cash flow

Edmond and Blythe Yee sifted through dozens, maybe even hundreds, of for-sale businesses before deciding to buy one in San Jose. There were a lot of gas stations and liquor stores and coin-operated laundromats, but few had everything the couple wanted: a loyal customer base, a knowledgeable staff, well-kept financial records and a product or service that they thought could weather a recession.

April 9, 2008

Inc.com

More Businesses on the Market

Brokers say many baby boomers are heading into retirement by selling their businesses. With baby boomers heading into retirement, brokers are starting to see more of their small businesses on the market. And while owners are asking slightly less than last year, final purchase prices are creeping up.

April 8, 2008

Orange County Register

Sale of O.C. businesses down 25%

BizBuySell, a LoopNet (NASDAQ:LOOP) company and the largest online marketplace for buying or selling a small business, has unveiled enhancements to its BrokerWorks service, a tool that facilitates the listing and selling of businesses on the site.

April 8, 2008

Milwaukee Small Business Times

Milwaukee companies for sale hold their value

Milwaukee area businesses for sale held their value in the first quarter, but increased pressures from the credit crunch could cut into those multiples in the second quarter, according to BizBuySell.com, a web service that lists businesses for sale.

April 4, 2008

South Florida Business Journal

An appetite for deals

The residential market isn't the only place to search for deals these days. A report of first quarter business transactions by BizBuySell shows examples of restaurants selling for fractions of their asking price, including a Latin restaurant in Miami-Dade County selling for 17 percent of its asking price and a bagel restaurant in Broward selling for 69 percent. The names of the businesses were not identified.

April 4, 2008

Pittsburgh Business Times

Pittsburgh deal volume up as larger companies cash out in down market

Sales of small Pittsburgh-area businesses during the first quarter of 2008 spiked dramatically compared with the same three months in 2007, as 15 transactions closed, almost quadrupling the four-deal volume of a year earlier. BizBuySell.com, which chiefly handles very small business transactions, based its data on the 124 Pittsburgh-area companies listed for sale on its Web site.

April 4, 2008

Atlanta Business Chronicle

Sale of small businesses booms as prices drop

Corporate buyouts are meeting the corner store. In the midst of souring economic prospects and a poor buyout market for the city's largest companies, the sale of small businesses is booming, according to new industry data from the nation's largest online business broker, BizBuySell LLC. Anecdotally, business brokers said sellers' interest is reaching its highest levels in years.

March 25, 2008

Wall Street Journal

How Can I Sell My Client List?

Q: I would like to sell some of my client base to another professional. Since my business is built on very personal relationships with my clients, I know I would have to make the introductions, and ease the way for the buyer. But how might I find a buyer?

February 26, 2008

Inc.com

BizBuySell Upgrades BrokerWorks

BizBuySell, a LoopNet (NASDAQ:LOOP) company and the largest online marketplace for buying or selling a small business, has unveiled enhancements to its BrokerWorks service, a tool that facilitates the listing and selling of businesses on the site.

February 26, 2008

U.S. News & World Report

10 Key Moves When Selling Your Small Business

When it comes to selling a business, organized, detail-oriented people have it all over the rest of us. Good records can mean the difference between selling for millions - or not selling at all. To sell well:

January 11, 2008

San Jose Business Journal

Local business brokers see slight price decline

Ron Dhillon decided to buy his own business in 2001, and he scoured Web sites until he saw a listing he thought was unique. The seller's business broker guided the process so that in three months, Dhillon was able to purchase the three-store British Food Centre chain for $800,000, including inventory.

January 11, 2008

Pittsburgh Business Times

Larger companies go up for sale, followed by higher prices

Bigger businesses are hitting the sale block in Pittsburgh, and they're fetching a higher price, according to an online marketplace.

January 10, 2008

Orange County Register

OC-LA business sellers seek $225,000

The average asking price for businesses for sale in the Orange-County-Los Angeles area is about $225,000, according to BizBuySell. That asking price is unchanged from the third quarter, said the businesses-for-sale Web site.

January 6, 2008

Seattle Post-Intelligencer

BIZ SHOPPING

Perhaps buying a small business is one of the last places where a Seattleite can find a bargain -- business valuations in Seattle appear to be lower than the national average.

January 4, 2008

South Florida Business Journal

Small businesses are big sellers

Businesses brokers told BizBuySell that they closed 69 deals to sell South Florida companies through the Web site in the fourth quarter. Most of these were small businesses, and the median sales price was $180,000, which represented 91 percent of the median asking price by the sellers. The companies that were sold had $450,000 in median revenue.

Members of the Media

Let us serve as expert sources for you on buying a business, selling a business, valuing a business and small business trends. Email us here or call Bob House at 415-284-4380.

Media Resources

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