Biz Buy Sell reported that sales of small businesses are at an all time high. They reported that businesses for sale in Towson – Baltimore, Maryland metro area had an asking price that was a 3.1 multiple of cash flow. In the Philadelphia, Pennsylvania area small business asking prices tended to be about 3 times cash flow also. New Jersey’s small business for sale asking price multipliers are about the same. Biz Buy Sell is used by business brokers to advertise their for sale small business listings. The report is based on data compiled by BizBuySell through the 2nd quarter of 2015. Additionally it was reported that there continue to be increases in new listings and in the sales prices of businesses.
Click to read article: Sales of Business’s are at an all time high.
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