Suffolk County, NY
$749,000

Suffolk County, NY
$749,000

Lynbrook, NY
$700,000

Nassau, NY
$50,000

Queens, NY
$119,000
Brooklyn, NY
$195,000
Brooklyn, NY
$225,000
Tioga County, NY
$1,175,000
Dutchess County, NY
$69,000
Suffolk County, NY
$398,998
Hauppauge, NY
$85,000
Available Nationwide
$50,000
Lancaster, NY
$125,000
Rochester, NY
$200,000
$400,000
New York, NY
Commack, NY
$2,500,000
Long Island City, NY
$390,000
Britt Clas
Earned Exits Business Brokers
Serving New York County, NY
The national experts for selling companies with $1M-$40M in revenue in 17+ industries. The Earned Exits Team goes beyond just maximum value and brings you the most meaningful value. We know firsthand that selling your business for “maximum value” is much more than price. Together, we get to know you to discover what is most meaningful to you at deal closing and for your life beyond the business. In addition to sales price, our knowledge of: how to take care of employee, customer and vendor relationships; your role in the future of the business; fit with the buyer; your reputation and legacy; tax advantages; protecting your confidential information at the various stages of the sales process; deal points such a cash at closing; and speed of closing will lead to the most meaningful sale for you.
Brooklyn, NY
$1,399,000
Suffolk County, NY
$210,000
Nassau County, NY
$1,100,000
Queens, NY
$4,500,000
Dutchess County, NY
$599,999
Available Nationwide
$50,000
New York
$235,000
Monroe County, NY
$125,000
$513,000
New York, NY
Queens County, NY
$280,000
New York, NY
$1,000,000
REAL ESTATE INCLUDED
Staten Island, NY
$1,300,000
Albany, NY
$145,500
Manhattan, NY
$3,600,000
Suffolk County, NY
$150,000
Manhattan, NY
$150,000
Available in New York
$150,000
Nassau County, NY
$180,000
Staten Island, NY
$425,000
$999,000
Riverhead, NY
Nassau County, NY
$539,000
New York County, NY
$1,400,000
Available in New York
$50,000
Suffolk County, NY
$389,000
Suffolk County, NY
$225,000
Broome County, NY
$170,000
New York, NY
$670,000
New York County, NY
$585,000
Garry Klein
Houlihan Lawrence
Serving Westchester County, NY
The Klein Commercial Story The Team was formed as a division of Houlihan Lawrence Commercial to provide clients with a diverse range of skillsets needed in this competitive industry. The goal was to combine over 35 years of experience and over $750 million in closed transactions with our local connections in order to develop a stronger client base and a broader offering of properties. As a team we continue to grow in size, scope and market reach. We utilize technology, training and talent to support our clients and our ever expanding portfolio of offerings. Let us know how we can help you achieve your real estate goals.
South Ozone Park, NY
$250,000
Rochester, NY
$108,000
$20,000
Massapequa Park, NY
Suffolk County, NY
$350,000
Binghamton, NY
$170,000
Available Nationwide
$50,000
Kings County, NY
$1,605,000
New York
$300,000
Westchester, NY
$139,000
Rochester, NY
$912,000
Farmingdale, NY
$105,000
Queens, NY
$90,000
Brooklyn, NY
$159,000
Brooklyn, NY
$695,000
Suffolk County, NY
$185,000
Available in New York
$150,000
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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