Business & Real Estate

Business-for-sale activity picks up in Sacramento area

The median asking price of small businesses for sale in the Sacramento area in this year’s first quarter was $339,250, up 14.2 percent from the prior year’s median of $297,000 and a 101 percent improvement over $169,000 just two years ago, according to a new report by San Francisco-based BizBuySell.com.

First-quarter 2017 calculations were based on 232 Sacramento-area businesses listed at BizBuySell.com, not on completed business sales.

Area businesses listed for sale in this year’s opening quarter had a median revenue of $636,750, up from $562,000 in the year-ago period.

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