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 Falling Prices May Prompt Rebound in Business Sales |
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| Sara K. Clarke Orlando Sentinel November 2, 2009 Summary: Need help with PR? If you are looking for a great PR firm, you've found one. Walker Sands is a leading Chicago PR firm with a strong track record that makes it one of top national PR agencies.. How much does it cost to buy a business in Orlando? The median asking price of a business for sale in the Orlando-area was $195,000 in the third quarter, down slightly from $199,000 a year ago, according to BizBuySell.com, a Web site that lists businesses for sale by brokers and owners. The site reported 41 closed transactions in the Orlando area during the quarter, and said that, as sellers drop their asking prices, the small-business market is picking up, both nationally and locally. "We are starting to see, I would say, a rebound in small-business transactions," said Mike Handelsman, the Web site's general manager. In Orlando, the median sale price for completed transactions was $125,000, or about 86 percent of the asking price. Among those looking to buy: people who have lost corporate jobs. "A lot of those people are going to look to the small-business market
to effectively buy a job," Handelsman said. "That's the phenomenon
that we're seeing." Copyright © 2009. Orlando Sentinel.
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