Baltimore’s small businesses are earning more and fetching higher value on the market. The second quarter is showing Baltimore small businesses are changing hands at pre-recession prices:
- The median asking price of 243 listed businesses rose to $276,500 in the second quarter, a 4.3 percent increase from $265,000 a year ago.
- For the 15 closed transactions, Baltimore businesses sold for about 29 percent more money than the national average—or a median of $230,000.
Source: Baltimore Business Journal Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to Read|Delete and receive fast facts delivered weekly. firstname.lastname@example.org | 301.575.0332 www.michaelmercurio.net| Biz Tek Today