Asking prices for existing Honolulu-area businesses have risen slightly during the past year, even though the median revenue for the businesses listed for sale has dropped 20 percent during the same amount of time, according to data from BizBuySell.com.

The current median asking price of a business for sale in Honolulu is $307,500, based on 28 businesses listed for sale on www.BizBuySell.com. That’s 3 percent higher than the median price for a business at the end of the second quarter in 2011, which was $299,500.

The listed businesses had a median revenue of $320,809 during the second quarter of this year, compared to $401,046 at the same time last year, according to the data.

However, median cash flow for the listed businesses was $110,814 for the second quarter of this year, which is 14 percent higher than the median cash flow of $97,000 during the second quarter of 2011.

BizBuySell only analyzed one closed transaction for the quarter. That business sold for $125,000, which was 84 percent of its asking price of $149,000.

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