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.
BizBuySell is the Internet's largest business for sale marketplace. Since 1996, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell currently has an inventory of approximately businesses - spanning 80 countries - for sale at any one time and receives more than monthly visits. The site also features an extensive franchise directory as well as an easy-to-use business valuation tool. Please visit www.bizbuysell.com for more information.
BizBuySell was founded in 1996 and in 2012 became a division of CoStar Group, Inc. (NASDAQ - CSGP) - commercial real estate's leading provider of information and analytic services. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information and offers a suite of online services enabling clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. For more information, visit www.costar.com.
Walker Sands Communications
office: (312) 546-4712