East Hampton, NY
$2,000,000
East Hampton, NY
$2,000,000
Huntington Station, NY
$1,900,000
Lindenhurst, NY
$299,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
Plainview, NY
$3,700,000
Astoria, NY
$195,000
Corona, NY
$75,000
Greene County, NY
$650,000
Suffolk County, NY
$1,000,000
Kings County, NY
$200,000
Available in New York
$60,000
Nassau County, NY
$165,000
Kings County, NY
$489,000
$5,000
Baldwin, NY
Queens County, NY
$149,000
New York County, NY
$1,400,000
Thomas Vondell
Victory Business Brokers
Serving Madison County, NY
With over 35 years of experience in the Real Estate World as an agent, trainer, relocation specialist, Principal Broker, and involved in numerous subdivisions and new construction projects, I recognized one thing missing in selling a business: Confidentiality. Think of an open restaurant with a BIG "For Sale" sign in the front- revenues have nowhere to go but down. Our expertise in commercial real estate and Business sales allows me to market your business while maintaining confidentiality, vetting buyers, and handling the entire transaction. I specialize in the evaluation sale of commercial properties, land, and entities, including healthcare facilities and related businesses, service industries, insurance firms, private schools, daycare centers, manufacturing companies, event venues, as well as building and construction enterprises. Have you considered selling your? You have time and effort, built meaningful relationships, and contributed to people's lives and communities. Selling your business can provide an opportunity to start the next chapter of your life—whether that involves retirement, purchasing another business, or pursuing other endeavors.
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Long Beach, NY
$365,000
Bronx, NY
$1,250,000
Available in New York
$150,000
Westchester County, NY
$250,000
New Windsor, NY
$300,000
$1,250,000
New York
Suffolk County, NY
$975,000
Westchester County, NY
$329,000
Suffolk County, NY
$389,000
Forest Hills, NY
$110,000
Suffolk County, NY
$890,000
East Moriches, NY
$975,000
Westchester County, NY
$115,000
Available in New York
$50,000
Nassau County, NY
$169,000
Bay Shore, NY
$1,300,000
$150,000
New York
REAL ESTATE INCLUDED
Buffalo, NY
$4,500,000
College Point, NY
$255,000
Available Nationwide
$100,000
REAL ESTATE INCLUDED
Buffalo, NY
$2,500,000
Monroe County, NY
$400,000
Nassau County, NY
$299,000
Kings County, NY
$7,000,000
New York County, NY
Not Disclosed
Cash Flow: $85,702
Joseph Sclafani
Joyce Realty
Serving Rockland County, NY
JOYCE REALTY HAS BEEN IN BUSINESS SELLING ALL TYPES OF REAL ESTATE FOR 25 YEARS
New York
$2,750,000
Queens, NY
$300,000
$600,000
Schenectady County, NY
Richmond County, NY
$425,000
New York County, NY
$400,000
Available Nationwide
$45,000
Westchester County, NY
$750,000
New York, NY
$3,600,000
Rochester, NY
$165,000
Queens, NY
$150,000
Putnam County, NY
$780,000
Brooklyn, NY
$145,000
Rockland County, NY
$200,000
REAL ESTATE INCLUDED
New York
$1,999,999
Nassau County, NY
$250,000
Available Nationwide
$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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