Cheektowaga, NY
$1,679,000

Cheektowaga, NY
$1,679,000

Suffolk County, NY
$750,000

Suffolk County, NY
$339,000

Bronx, NY
$700,000
Rockland County, NY
$395,000
Kings County, NY
$489,000
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Orangeburg, NY
$178,000
Available Nationwide
$60,000
Mount Vernon, NY
$2,040,000
Westchester County, NY
$79,000
$130,000
Buffalo, NY
Rochester, NY
$360,000
Bronx, NY
$1,000,000
C.J. (Charlie) Vlahos
Blanket Real Estate
Serving Putnam County, NY
Blanket Real Estate & Business Brokerage, Mergers, Acquisitions & Consulting At Blanket Real Estate “We Cover All Your Needs”. We are a full service real estate firm specializing in business, commercial and residential brokerage. We represent clients with acquisitions, divestments, assemblage, leasing, site selection, businesses, housing and real estate & business valuations (for listing purposes), management consulting, property management and mystery shopping services. We have been representing sellers and buyers in CT & NY since 1984. Having a background in business ownership and consulting along with a passion for negotiating the best price we can for our clients has given us a unique reputation for being one of the few brokerages that are experienced with business buying & selling along with any real estate owned or leased. We do it all – after more than 30 years experience we know the ins and outs of business brokering, commercial and residential real estate sales and leasing. Out slogan says it all…”We Cover All Your Needs”...for your business, residential real estate, investment and commercial real estate. When you first start off...we can find and negotiate a lease that fits your budget for your first apartment, then help you buy your first home, analyze real estate investments for your portfolio and find you a business to own. While your business is growing we can help you find a vacation home, manage you investment properties and expand your business in M & A deals. When the time is right...we can sell your business, sell your real estate investments, sell your home, and even help you find a retirement home in another state. We know business and real estate – whatever your needs, we can help. We get to know our clients. We have worked with landlords, bankers, buyers, tenants and accountants all over. Even though your situation might be unique we can implement solutions to problems because of our background and experience. We know how and when to advertise, network, cross sell. We know how to write an offer. Most importantly, we know how to negotiate and value your business and/or property. And lastly – we care! Contact Blanket Real Estate for all your real estate and business needs.
REAL ESTATE INCLUDED
New York, NY
$18,200,000
Levittown, NY
$280,000
Albany County, NY
$145,000
New York, NY
$70,000
REAL ESTATE INCLUDED
Manhattan, NY
$1,250,000
Available Nationwide
$150,000
Nassau County, NY
$120,000
Nassau County, NY
$290,000
$6,900,000
Remsen, NY
REAL ESTATE INCLUDED
Mamaroneck, NY
$14,000,000
New York
$3,500,000
Queens County, NY
$50,000
Staten Island, NY
$950,000
New York
$65,000
Richmond County, NY
$237,500
Yonkers, NY
$600,000
Available Nationwide
$25,000
Bronx, NY
$2,300,000
Nassau County, NY
$395,000
$40,000
New York, NY
Rochester, NY
$524,999
Brooklyn, NY
$170,000
Available Nationwide
$50,000
Suffolk County, NY
$300,000
Bayville, NY
$1,950,000
Rochester, NY
$475,000
Staten Island, NY
$30,000
Rochester, NY
$799,900
Kirk Price
Price Consulting LLC
Serving Bronx County, NY
Expert Agency Sales Consulting Throughout my forty-five (45) year career, I have worked closely with Insurance Agency Owners to help them navigate the complex process of transitioning out of the business. I understand the unique challenges and considerations that insurance agency owners face when it comes to succession planning and exit strategies. Whether it's due to retirement, a new business opportunity, or an unfulfilled dream, I have assisted countless owners in selling their agencies. Our comprehensive process is tailored to handle every step of the agency sales transaction. From assisting with a thorough business valuation to advertising and marketing your agency, we take care of vetting prospective buyers and provide referrals for lender and legal services. We ensure that you have support throughout the entire transaction until the closing of the sale. Our goal is to make selling your agency hassle-free and time-effective. We handle all buyer inquiries and other related tasks, allowing you to focus on your next venture. Our turnkey approach ensures efficiency, cost-effectiveness, and a smooth transition for you. If you are considering selling your agency, talk to us today and learn how we can assist you in saving time and money while guiding you towards a successful transition to the next chapter of your life.
Ridgewood, NY
$210,000
Kings County, NY
$200,000
$280,000
New York, NY
Suffolk County, NY
$550,000
Suffolk County, NY
$350,000
Available Nationwide
$50,000
New York
$1,500,000
Suffolk County, NY
$1,000,000
Buffalo, NY
$475,000
Bayside, NY
$99,999
Staten Island, NY
$1,300,000
White Plains, NY
$80,000
Brooklyn, NY
$175,000
Suffolk County, NY
$110,000
Bronx County, NY
$150,000
Available Nationwide
$50,000
For those in the market to buy or sell a service business in New York, 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 New York service businesses.
Market Overview
|
Number of Businesses Analyzed |
284 |
|
Median Asking Price |
$482,500 |
|
Median Reported Revenue |
$533,398 |
|
Median Reported Earnings |
$181,263 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.57 |
2.00 |
|
Median |
0.95 |
3.02 |
|
Upper Quartile |
1.49 |
4.20 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Service Business Valuation Metrics & Financial Benchmarks
FAQs
How much does it cost to buy a service business in New York?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in New York is approximately $482,500.
How much do service business owners earn?
These businesses vary in sales volume, but New York service business owners report median annual sales of $533,398 and annual owner earnings of $181,263. 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 New York range from 0.57 to 1.49, with the median at 0.95. Earnings multiples range from 2.00 to 4.20, with the median at 3.02. These values indicate that a typical service business in New York may sell for around 0.95 times its annual revenue, and 3.02 times its annual owner’s earnings.
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