Brevard County, FL
$150,000

Brevard County, FL
$150,000

Hialeah, FL
$159,000

Indian River County, FL
$2,500,000

Palm Beach County, FL
$45,000
Broward County, FL
$97,000
Florida
$120,000
Melbourne, FL
$250,000
Broward County, FL
$90,000
Kissimmee, FL
$60,000
Broward County, FL
Not Disclosed
Available Nationwide
$50,000
Englewood, FL
$238,000
Cape Coral, FL
$485,000
Jacksonville, FL
$750,000
Lake Worth Beach, FL
$1,700,000
Fort Myers, FL
$2,435,000
Larry Lawson
Viking Mergers & Acquisitions
Serving Hillsborough County, FL
Viking's leadership in the industry has pioneered and set the professional standard by which all Intermediary firms are measured. Viking Mergers & Acquisitions is committed to work diligently with every client, as an advocate providing a comprehensive consultative approach to each and every business transaction. Our goal is clear: to maximize the value you derive from buying a business.
Gulf Breeze, FL
$9,150,000
Lecanto, FL
$849,900
Jacksonville, FL
$899,000
Fort Pierce, FL
$2,250,000
Available Nationwide
$40,000
Cutler Bay, FL
$3,970,000
New Port Richey, FL
Not Disclosed
New Port Richey, FL
Not Disclosed
$39,000
$150,000
$175,000
$75,000
Not Disclosed
Not Disclosed
Available in Florida
$50,000
For those in the market to buy or sell a service business in Florida, it’s crucial to gain an understanding of how the market values these businesses, and what average financial performance looks like. To that end, we have aggregated listings data to surface current valuation multiples and typical financials of Florida service businesses.
Market Overview
|
Number of Businesses Analyzed |
612 |
|
Median Asking Price |
$371,000 |
|
Median Reported Revenue |
$469,556 |
|
Median Reported Earnings |
$159,737 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Florida Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.57 |
1.72 |
|
Median |
0.85 |
2.47 |
|
Upper Quartile |
1.15 |
3.27 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Service Business Valuation Metrics
FAQs
How much does it cost to buy a service business in Florida?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in Florida is approximately $371,000.
How much do service business owners earn?
These businesses vary in sales volume, but Florida service business owners report median annual sales of $469,556 and annual owner earnings of $159,737. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a service business?
Valuing a service business involves considering several factors, including annual revenue, profit, owner earnings, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples of service businesses in Florida range from 0.57 to 1.15, with the median at 0.85. Earnings multiples range from 1.72 to 3.27, with the median at 2.47. These values indicate that a typical service business in Florida may sell for around 0.85 times its annual revenue, and 2.47 times its annual owner’s earnings.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: