BizBuySell Twin Cities Q2 2015

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Owners listed 424 Twin Cities-area small business for sale at BizBuySell.com in the second quarter of 2015, the highest number since the business broker website started tracking them in 2007.

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  • BizBuySell Local Quarterly Insight ReportMinneapolis-St. Paul-Bloomington, MN-WIQ2 2015

    DATA SET 1: BizBuySell Active Listings - Business for Sale Data

    Business Type NMedian Asking Sale

    Price Median RevenueAvg. Multiple of

    Revenue Median Cash FlowAvg. Multiple of

    Cash FlowRetail - Restaurant 48 175,000$ 540,356$ 0.56 79,543$ 2.72 Retail - Other 117 189,000$ 547,760$ 0.62 75,000$ 3.62 Service 189 250,000$ 395,478$ 0.90 101,668$ 3.13 Manufacturing 26 570,000$ 496,765$ 1.12 156,187$ 3.68 Other 44 327,500$ 760,407$ 0.73 148,075$ 3.03 Total 424 239,500$ 453,740$ 0.78 92,830$ 3.24

    Breakdown of Active Listings by Asking PricePrice Number % of Total

    $0 - $50,000 21 5%$50,001 - $100,000 51 12%$100,001 - $200,000 122 29%$200,001 - $300,000 54 13%$300,001 - $500,000 59 14%$500,001 - $1,000,000 61 14%$1,000,001+ 56 13% -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------DATA SET 2: Recently Closed Transactions Examples*

    Business Type Business Subtype County Ad HeadlineTotal Closed Transactions Sale Price Asking Price Sale/Ask Ratio Revenue Revenue Multiple Cash Flow

    Cash Flow Multiple

    Summary data for all closed transactions 16 337,000$ 399,000$ 0.95 760,476$ 0.51 168,065$ 3.25

    Retail - Restaurant Restaurants Wright Mexican Dine-In / Take-Out & Drive-Thru 59,000$ 65,000$ 0.91 400,000$ 0.15 50,000$ 1.18 Retail - Other Liquor Stores Dakota Off Sale Liquor Store South Metro 1,300,000$ 1,600,000$ 0.81 3,101,451$ 0.42 322,000$ 4.04 Retail - Other Liquor Stores Dakota Liquor store 2,000,000$ 2,200,000$ 0.91 4,000,000$ 0.50 442,000$ 4.52 Service Auto Repair, Parts & Services Hennepin Neighborhood Auto Repair Shop - West Suburbs 299,000$ 299,000$ 1.00 241,840$ 1.24 42,269$ 7.07 Retail - Restaurant Restaurants Dakota Very Profitable Burnsville Sports Bar 375,000$ 499,000$ 0.75 1,500,000$ 0.25 190,000$ 1.97 Service Auto Repair, Parts & Services Ramsey Franchised Auto Repair Shop - Absentee Owner 85,000$ 85,000$ 1.00 606,865$ 0.14 113,422$ 0.75

    *Closed transactions are self-reported to BizBuySell by the representing brokers. Not all closed transactions are reported to BizBuySell and BizBuySell does not collect data from for-sale-by-owner transactions. Some transactions are excluded from example transactions due to confidentiality.

    Counties included: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Pierce, Ramsey, Scott, Sherburne, Saint Croix, Washington, Wright

    Summary - Minneapolis-St. Paul-Bloomington, MN-WI, Q2 2015 The median asking price for businesses for sale in this market on BizBuySell was $239,500. These businesses had a median revenue of $453,739 and a median cash flow of $92,829. Owners asked for, on average, a revenue multiple of 0.78 and a cash flow multiple of 3.24.

    BizBuySell analyzed 16 closed transactions in this market in Q2 2015. Businesses sold for a median sale price of $337,000. On average, this is 0.95 of the ask price. These businesses had a median revenue of $760,476 and a median cash flow of $168,065. Business buyers paid on average 0.51 times revenue and 3.25 times cash flow.

    About BizBuySell.com: BizBuySell is the Internet's largest business for sale marketplace. Since 1995, 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 lists approximately 45,000 businesses - spanning 80 countries - for sale at any time. The site also features an extensive franchise directory, as well as a business valuation tool. Please visit www.bizbuysell.com.