New York County, NY
$600,000

New York County, NY
$600,000

New York County, NY
$49,000

New York
$1,450,000

Saratoga County, NY
$250,000
Queens County, NY
$165,000
Rochester, NY
$325,000
New York, NY
$700,000
Brooklyn, NY
$395,000
New York, NY
$80,000
Suffolk County, NY
$199,000
Melville, NY
$850,000
Rochester, NY
$359,000
Brooklyn, NY
$850,000
$168,000
Jackson Heights, NY
Suffolk County, NY
$3,800,000
Rye, NY
$675,000
VISHAL JAKHU
Voro
Serving Nassau County, NY
VORO INC
Bronx, NY
$350,000
Manhattan, NY
$255,000
Flushing, NY
$138,000
Bronx, NY
$175,000
Nassau County, NY
Not Disclosed
EBITDA: $750,000
Catskill, NY
$60,000
Brooklyn, NY
$225,000
Kings Park, NY
$150,000
$1,700,000
Albany, NY
Suffolk County, NY
$175,000
REAL ESTATE INCLUDED
Schenectady, NY
$2,200,000
Nassau County, NY
$280,000
Cattaraugus County, NY
$110,000
Westchester County, NY
$119,000
Rochester, NY
$20,000
Brooklyn, NY
$58,000
Queens, NY
$425,000
REAL ESTATE INCLUDED
Penn Yan, NY
$1,299,999
Queens, NY
$150,000
Warwick, NY
$250,000
Pearl River, NY
$275,000
Lynbrook, NY
$1,650,000
Piermont, NY
$295,000
Ulster County, NY
$115,000
Rochester, NY
$275,000
Merrick, NY
$695,000
Farmingdale, NY
$180,000
Plainview, NY
$350,000
Wade Holmes
Accounting Practice Sales
Serving New York County, NY
Accounting Practice Sales is the largest marketer of accounting and tax practices for sale in North America with more than $1.7 Billion in practice sales.
Nassau County, NY
$160,000
Nassau County, NY
$350,000
Queens County, NY
$795,000
Rochester, NY
$149,000
Queens County, NY
$125,000
Brooklyn, NY
$55,000
New York, NY
$125,000
Great Neck, NY
$100,000
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in New York and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
|
Number of Businesses Analyzed |
644 |
|
Median Asking Price |
$339,500 |
|
Median Reported Revenue |
$900,000 |
|
Median Reported Earnings |
$169,500 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Restaurant Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.30 |
1.70 |
|
Median |
0.41 |
2.21 |
|
Upper Quartile |
0.59 |
2.75 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in New York?
The median asking price for restaurants in New York is $339,500. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in New York is $169,500. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in New York valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of New York restaurant business listings, revenue multiples range from 0.30 to 0.59, with the median at 0.41. Earnings multiples range from 1.70 to 2.75, with the median at 2.21. This means restaurants in New York are valued, on average, around 0.41 times annual revenue, and/or 2.21 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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