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The Honolulu Advertiser
Updated at 4:20 p.m., Monday, October 13, 2008

Report: Median asking price for a Honolulu business is $446,500

The median asking price for a business in Honolulu during the third quarter was $446,500, according bizbuysell.com, a leading internet business marketplace.

The Website listed 28 businesses for sale, including 14 in the service industry. Two manufacturing firms were for sale on the site with a median asking price of $1.7 million.

The 28 companies had a median revenue of $852,433 and a median cash flow of $150,556, according to the Website. Bizbuysell.com said one business that was listed on its Website sold in the third quarter.