Nassau County, NY
$250,000

Nassau County, NY
$250,000

Astoria, NY
$140,000

Sharon Springs, NY
$349,000

Bronx, NY
$850,000
Wayne County, NY
$2,750,000
Garden City, NY
$199,000
Hempstead, NY
$199,000
Bronx County, NY
$1,250,000
Rockland County, NY
$1,100,000
Westchester County, NY
$129,000
Available Nationwide
$100,000
New York County, NY
$1,800,000
New York County, NY
$450,000
Queens County, NY
$850,000
Brentwood, NY
$110,000
Darren Smith
Serving Rockland County, NY
Murphy Business is one of the largest and most successful business brokerage firms in the country with over 100 offices conveniently located throughout the United States and Canada. Our office is strategically located in Montclair, New Jersey (NJ) where the suburbs meet the city. With New York City (NYC) and the Metro New York suburbs on our doorstep our office is perfectly positioned to service our diverse clientele. Darren Smith and the Montclair Business broker team can help you sell your business or help you find the right one to buy. Choosing to partner with a national business brokerage provides advantageous reach.
West Sand Lake, NY
$137,000
Nassau County, NY
$599,000
Orange County, NY
$425,000
Nassau County, NY
$400,000
Flushing, NY
$495,000
Available in New York
$50,000
Canandaigua, NY
$400,000
Queens County, NY
$1,600,000
Suffolk County, NY
$650,000
Yonkers, NY
$100,000
Scarsdale, NY
$375,000
Bronx, NY
$600,000
Westchester County, NY
$275,000
Staten Island, NY
$980,000
Suffolk County, NY
$1,250,000
Available in New York
$200,000
REAL ESTATE INCLUDED
New York
$7,500,000
Nassau County, NY
$1,799,000
Suffolk County, NY
$999,000
Manhattan, NY
$975,000
Available Nationwide
$45,000
East Meadow, NY
$375,000
Great Neck, NY
$395,000
Westchester, NY
$395,000
REAL ESTATE INCLUDED
New York
$6,375,000
New York
$2,500,000
Doug Miller
Exio
Serving Kings County, NY
Queens, NY
$395,000
Brooklyn, NY
$240,000
Suffolk County, NY
$299,999
Staten Island, NY
$1,300,000
Available Nationwide
$50,000
New York, NY
$3,500,000
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$4,999,999
Westchester County, NY
$449,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Westchester County, NY
$1,100,000
Queens, NY
$600,000
Available in New York
$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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