Queens, NY
$524,999
Queens, NY
$524,999
New York
$9,500,000
New York
$1,400,000
Nassau County, NY
$350,000
Asheville, NY
$235,000
REAL ESTATE INCLUDED
Putnam County, NY
$4,900,000
Queens, NY
$2,500,000
Suffolk County, NY
$230,000
Suffolk County, NY
$375,000
Suffolk County, NY
$175,000
Available Nationwide
$45,000
Tulsa, NY
$404,900
Kings County, NY
$110,000
Monroe County, NY
$150,000
New York
$349,000
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Richmond County, NY
$1,000,000
Westchester County, NY
$249,900
Suffolk County, NY
$179,000
Bedford Hills, NY
$359,000
Brooklyn, NY
$700,000
Available in New York
$50,000
New York
$3,000,000
REAL ESTATE INCLUDED
Rochester, NY
$250,000
Suffolk County, NY
$424,999
Manhattan, NY
$250,000
Freeport, NY
$75,000
REAL ESTATE INCLUDED
New York
$2,150,000
Queens, NY
$899,999
Staten Island, NY
$59,999
Nassau County, NY
$1,999,999
Available Nationwide
$50,000
Staten Island, NY
$475,000
Nassau County, NY
$699,000
Queens, NY
$2,500,000
Nassau County, NY
$2,300,000
Available Nationwide
$50,000
Onondaga County, NY
$90,000
Rochester, NY
$150,000
Nassau County, NY
$115,000
New York
$1,800,000
New York
$7,500,000
Francis Bachurski
Premier Innovations Group
Serving New York County, NY
We at Premier Innovations Group are a multi-faceted alcoholic beverage company that creates, develops and imports a wide range of alcoholic beverage brands. Premier is also a trusted ethanol supplier and GNS supplier. We specialize in providing a start to finish solution all under one roof. Premier has a global network that solidifies us as leaders in product distribution, alcohol formulation, full packaging sourcing, importing/exporting, TTB services and much more. Premier owns our own brands, but focuses on providing these services to other companies that have their own products or wish to develop brands, private labels or want to improve their current price structure and brand packaging.
Suffolk County, NY
$239,000
Westchester County, NY
$525,000
Schenectady County, NY
$375,000
Suffolk County, NY
$695,000
Available in New York
$500,000
Kings County, NY
$350,000
Bronx, NY
$399,000
Bronx, NY
$330,000
New York County, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Suffolk County, NY
$500,000
Ozone Park, NY
$750,000
Staten Island, NY
$150,000
REAL ESTATE INCLUDED
New York
$7,000,000
Available Nationwide
$200,000
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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