Kings County, NY
$3,000,000
Kings County, NY
$3,000,000
Manhattan, NY
$975,000
East Meadow, NY
$375,000
Brooklyn, NY
$825,000
Great Neck, NY
$395,000
Westchester, NY
$395,000
Nassau County, NY
$650,000
New York County, NY
$200,000
Nassau County, NY
$500,000
Suffolk County, NY
$1,000,000
Available in New York
$100,000
New York
$3,760,000
REAL ESTATE INCLUDED
New York
$6,375,000
$5,000
Baldwin, NY
New York
$4,200,000
Queens, NY
$5,618,000
Stephen LaRoche
LaRoche Consulting
Serving New York County, NY
We are Boston’s Boutique Business Brokers™ ! A Business Development and Business Brokerage firm that focuses on creating added value for ongoing entities and positioning and transitioning businesses to new ownership via private sales, mergers and sophisticated strategic acquisitions. We are also experts in the development of strategies to help business owners methodically transfer ownership to family in a stress free, equitable manner. If you are not in the market to buy or sell a business, LaRoche Consulting can help create and accelerate your business growth by employing and managing the entire spectrum of technical and online strategies and, when ready seek, find and motivate suitors to acquire your business at the best possible multiples and terms. E-mail us to set up a free, no obligation, confidential strategy session to discuss your potential plans with professionals that have sat on both sides of a business closing table!
Suffolk County, NY
$599,000
Schenectady County, NY
$60,000
New York County, NY
$5,000,000
East Syracuse, NY
$975,000
Queens, NY
$395,000
Available in New York
$65,000
Brooklyn, NY
$275,000
Suffolk County, NY
$299,999
$1,750,000
Queens County, NY
Suffolk County, NY
$70,000
Long Island City, NY
$278,000
Staten Island, NY
$1,300,000
Kings County, NY
$141,668
New York, NY
$3,500,000
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$4,999,999
Available Nationwide
$75,000
Westchester County, NY
$449,000
New York, NY
$40,000
$130,000
Buffalo, NY
Suffolk County, NY
$350,000
Queens, NY
$285,000
Available Nationwide
$45,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Westchester County, NY
$1,100,000
Queens, NY
$600,000
Roessleville, NY
$949,000
Andrew Page
The Page Group
Serving Albany County, NY
Bronx, NY
$1,400,000
REAL ESTATE INCLUDED
New York, NY
$18,200,000
$189,000
Selden, NY
New York County, NY
$895,000
New York
$675,000
Available Nationwide
$50,000
Brooklyn, NY
$125,000
New York
$4,180,000
Rensselaer County, NY
$305,000
Queens County, NY
$1,150,000
Nassau County, NY
$900,000
Suffern, NY
$200,000
New City, NY
$400,000
West Hempstead, NY
$69,000
New City, NY
$100,000
Available in New York
$75,000
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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