Brooklyn, NY
$175,000

Brooklyn, NY
$175,000

Suffolk County, NY
$110,000

Bronx County, NY
$150,000
Greenport, NY
$365,000
Syracuse, NY
$239,000
Manhattan, NY
$699,000
Suffolk County, NY
$1,500,000
Nassau County, NY
$349,000
New York
$6,000,000
Great Neck Estates, NY
$699,000
Available Nationwide
$100,000
Oyster Bay, NY
$189,900
Suffolk County, NY
$3,200,000
Manhattan, NY
$1,200,000
Suffolk County, NY
$350,000
Kevin McDermott
Transworld Business Advisors
Serving Westchester County, NY
1. Uncertainty about the value of your business? 2. Not sure how to find the right buyer? - 3. Unsure how to prepare the business for sale? 4. Unsure how to deal with legal and financial issues during the business sale? 5. Having emotions around letting go? I am part of a huge network having over 40 years of experience in the industry with the largest M&A network of over 250 offices, and over 700 agents, represented in 18 countries and we are constantly growing. I help ensure a Smooth and safe business sale for Small Business Owners. In our database we have over 300,000 buyers who have inquired about buying a business. At the moment, we have more qualified buyers than we do sellers, which is why I am confident that we can find a qualified buyer for your business.
West Islip, NY
$250,000
Howard Beach, NY
$250,000
Suffolk County, NY
$125,000
Queens County, NY
$950,000
Buffalo, NY
$235,000
Available in New York
$30,000
Long Island City, NY
$140,000
New York, NY
$95,000
Ocean Beach, NY
$699,000
Suffolk County, NY
$1,100,000
Manhattan, NY
$599,000
Rye, NY
$129,000
Brooklyn, NY
$180,000
Port Jefferson, NY
$139,000
Suffolk County, NY
$150,000
Available in New York
$200,000
Brooklyn, NY
$450,000
New York
$3,840,000
Westchester County, NY
$260,000
Rochester, NY
$139,999
Available in New York
$50,000
Brooklyn, NY
$150,000
Coram, NY
$500,000
Queens, NY
$499,000
Staten Island, NY
$33,000
Staten Island, NY
$34,500
Beryl Grant
Matthews Real Estate Investment Services
Serving New York County, NY
Suffolk County, NY
$1,200,000
New York County, NY
Not Disclosed
Cash Flow: $85,702
Brooklyn, NY
$280,000
Bronx, NY
$2,500,000
Available Nationwide
$50,000
Suffolk County, NY
$150,000
Bronx, NY
$1,800,000
Southold, NY
$129,900
New York
$1,250,000
Nassau County, NY
$2,500,000
Nassau County, NY
$775,000
Hempstead, NY
$100,000
Manhattan, NY
$2,800,000
Bronx County, NY
$149,000
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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