Brooklyn, NY
$3,000,000

Brooklyn, NY
$3,000,000

Dutchess County, NY
$165,000
Tonawanda, NY
$299,000

Putnam Valley, NY
$295,000
Westchester County, NY
$300,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Babylon, NY
$450,000
Suffolk County, NY
$59,999
Schenectady County, NY
$700,000
Available Nationwide
$30,000
Manhattan, NY
$65,000
Brooklyn, NY
$69,980
Suffolk County, NY
$80,000
Manhattan, NY
$200,000
Suffolk County, NY
$305,000
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Saratoga County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
Suffolk County, NY
$150,000
Brooklyn, NY
$45,000
Rockland County, NY
$230,000
Queens, NY
$1,388,888
Available Nationwide
$50,000
Nassau County, NY
$169,999
Queens, NY
$275,000
Suffolk County, NY
$180,000
Buffalo, NY
$180,000
Bronx, NY
$1,800,000
East Northport, NY
Not Disclosed
Niagara County, NY
$2,500,000
Staten Island, NY
Not Disclosed
Pleasant Valley, NY
Not Disclosed
Available Nationwide
$175,000
Pleasant Valley, NY
Not Disclosed
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 178 |
| Asking Price | $624,500 |
| Reported Revenue | $750,000 |
| Reported Seller's Discretionary Earnings | $200,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $295,000 | $624,500 | $1,500,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Service Businesses for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $383,425 | $115,456 |
| Median | $750,000 | $200,000 |
| Upper Quartile | $1,525,148 | $435,958 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Service Businesses listed for sale in New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.54 | 2.14 |
| Median | 0.81 | 2.93 |
| Upper Quartile | 1.28 | 4.00 |
FAQ's
How much does it cost to buy an Other Service Business in New York?
The median asking price for an established Other Service Business in New York is $624,500, though prices range from under $295,000 to well over $1,500,000.
How much do Other Service Businesses owners in New York earn?
The median reported revenue of Other Service Businesses in New York is $750,000 and owners earn a median of $200,000, which includes the owners salary and any other financial benefits they receive.
How do I value an Other 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 Other Service Businesses in New York, revenue multiples range from 0.54 to 1.28, with a median of 0.81. Earning multiples range from 2.14 to 4.00, with the median at 2.93. This means the typical Other Service Business in New York may ask for around 0.81 times its annual revenue, and 2.93 times its annual owner earnings.
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