Connecticut
$3,200,000

Connecticut
$3,200,000

Hartford County, CT
$144,900
Connecticut
$2,200,000

Stratford, CT
$490,000
Newington, CT
$235,000
Connecticut
$59,000
Hartford County, CT
$250,000
Fairfield County, CT
$425,000
Middlesex County, CT
$500,000
REAL ESTATE INCLUDED
Fairfield County, CT
$1,650,000
Available in Connecticut
$30,000
Danbury, CT
$59,900
Bridgeport, CT
$235,000
$589,000
Connecticut
West Hartford, CT
$1,300,000
REAL ESTATE INCLUDED
Connecticut
$595,000
Dana Stetson
First Choice Business Brokers
Serving Fairfield County, CT
First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale.
Waterford, CT
$99,000
Stamford, CT
$350,000
Fairfield County, CT
$250,000
Montville, CT
$175,000
Danbury, CT
$285,000
Available Nationwide
$125,000
REAL ESTATE INCLUDED
Connecticut
$2,899,000
Connecticut
$395,000
$269,000
Fairfield County, CT
Thomaston, CT
Not Disclosed
Madison, CT
Not Disclosed
Fairfield County, CT
$1,499,000
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 79 |
| Asking Price | $299,000 |
| Reported Revenue | $623,900 |
| Reported Seller's Discretionary Earnings | $118,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $175,000 | $299,000 | $549,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Connecticut.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $240,000 | $76,500 |
| Median | $623,900 | $118,000 |
| Upper Quartile | $1,200,000 | $267,147 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale in Connecticut.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.37 | 1.80 |
| Median | 0.63 | 2.41 |
| Upper Quartile | 1.23 | 3.62 |
FAQ's
How much does it cost to buy a Service Business in Connecticut?
The median asking price for an established Service Business in Connecticut is $299,000, though prices range from under $175,000 to well over $549,500.
How much do Service Businesses owners in Connecticut earn?
The median reported revenue of Service Businesses in Connecticut is $623,900 and owners earn a median of $118,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses in Connecticut, revenue multiples range from 0.37 to 1.23, with a median of 0.63. Earning multiples range from 1.80 to 3.62, with the median at 2.41. This means the typical Service Business in Connecticut may ask for around 0.63 times its annual revenue, and 2.41 times its annual owner earnings.
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