Poughkeepsie, NY
$150,000

Poughkeepsie, NY
$150,000

Nassau County, NY
$250,000
Nassau County, NY
$129,000

Brooklyn, NY
$3,000,000
Dutchess County, NY
$165,000
Brooklyn, NY
$220,000
New York
$590,000
Westchester County, NY
$850,000
Tonawanda, NY
$299,000
Brooklyn, NY
$600,000
Available in New York
$100,000
Putnam Valley, NY
$295,000
Westchester County, NY
$600,000
New York County, NY
$4,500,000
Rego Park, NY
$109,222
East Meadow, NY
$390,000
Erten Musa
Pro Level Business
Serving New York County, NY
If you’re an entrepreneur interested in buying or selling a business, you’ve come to the right place. Pro Level Business`s local ties in Maryland make us the regional powerhouse providing outstanding services to our clients. By providing the most professional, confidential and thorough service to buyers and sellers a like, we have gained a reputation for sincerity, honesty, and commitment to constructing the best business deal for all.
Brooklyn, NY
$698,000
New York, NY
$595,000
Bronx County, NY
$898,000
Rockland County, NY
$89,500
Available in New York
$60,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Bronx, NY
$2,200,000
Bronx County, NY
$225,000
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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