What is the legend for BIZCOMPS data?
ReportsExcel FormatDefinition N/ATransactionIDInternal transaction ID number SICSICCodeStandard Industrial Classification code N/ASICCodeGeneral Standard Industrial Classification code – General category NAICSNAICSCodeNorth American Industry Classification System Business DescriptionBusinessDescriptionProducts and services of business Annual Gross SalesAnnualGrossAnnual gross sales ($000’s), normally net of sales tax Sale DateSaleDate Actual date of sale SDESDESeller’s discretionary earnings ($000’s), net profit before taxes and any compensation to owner plus amortization, depreciation, interest, other non-cash expense and non-business related expense and normally to one working owner Sale PriceSalePriceActual sale price ($000’s), inventory has been deducted if it was included in sale price Ask PriceAskPrice Asking sale price of business ($000’s), does not include inventory SDE/Gross SalesSDEToAnnualGross Sellers discretionary earnings divided by gross sales Sale Price/Annual Gross Sal