BizBuySell.com’s 4th quarter report showing 2016 was a strong year for small business transaction counts
Below is an excerpt from BizBuySell.com’s 4th quarter report showing 2016 was a strong year for small business transaction stats.
Improved business financials have helped make 2016 a hot market for business sales.
“San Francisco, CA – BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported today that the annual small business transaction count reached record levels in 2016, topping 2015’s totals by 8.6 percent and 2014’s previous high by 4.6 percent. The full results are included in BizBuySell’s annual and Q4 2016 Insight Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.”
Here are a couple key stats from the 2016 report:
- A total of 7,842 closed transactions were reported in 2016, the highest yearly total of small business sales since BizBuySell first started tracking data in 2007.
- The median revenue from each business transaction grew 5.2 percent from $449,462 in 2015 to $472,798 in 2016.
- Median cash flow also increased, up to $107,551 from $102,000 the year prior.
- The median asking price remained flat from 2015 at $225,000, while the median sale price increased a mere half a percentage point to $200,000.
|Asking Price to Cash Flow (avg)|
|Contra Costa-Alameda-Solano, CA||3.01|
|San Francisco-Oakland-Fremont, CA||2.91|
|San Jose-Sunnyvale-Santa Clara, CA||2.84|