New Rochelle, NY
$300,000
New Rochelle, NY
$300,000
Bronx County, NY
$1,500,000
Rochester, NY
$1,500,000
Suffolk County, NY
$1,100,000
Rockland County, NY
$1,100,000
Suffolk County, NY
$195,000
Westchester County, NY
$260,000
New York
Not Disclosed
Cash Flow: $699,078
Westchester County, NY
$129,000
New York County, NY
$450,000
Available Nationwide
$30,000
Queens County, NY
$850,000
Harrison, NY
$350,000
$18,000
Richmond County, NY
Brentwood, NY
$110,000
West Sand Lake, NY
$137,000
Peter Gregory
First Choice Business Brokers
Serving Westchester County, NY
First Choice Business Brokers, Westchester NY FCBB Westchester is In our 4th Year Serving NY, NJ, CT We offer “Concierge-Level”, High-Touch Service Nationwide Representation working with a network 70 other FCBB brokers and 200 agents Typical: 5-6 Quality Listings per Agent to maintain Personalized Service to highly vetted sellers
Nassau County, NY
$599,000
Brooklyn, NY
$319,000
New York
$225,000
Orange County, NY
$425,000
Nassau County, NY
$400,000
Available in New York
$75,000
Flushing, NY
$495,000
Canandaigua, NY
$400,000
$395,000
Onondaga County, NY
Queens County, NY
$1,600,000
Suffolk County, NY
$650,000
Louisville, NY
$434,999
Suffolk County, NY
$250,000
Nassau County, NY
$717,000
Suffolk County, NY
$190,000
Suffolk County, NY
$269,000
Available Nationwide
$105,000
Scarsdale, NY
$375,000
Westchester County, NY
$275,000
$550,000
Huntington, NY
Staten Island, NY
$980,000
Suffolk County, NY
$1,250,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
New York
$7,500,000
Nassau County, NY
$1,799,000
Astoria, NY
$155,000
Suffolk County, NY
$999,000
Kings County, NY
$3,000,000
ProMed Financial
ProMed Financial, Inc.
Serving Orange County, NY
Practice Financing and Transition Services since 1993. We are one of the longest, standing healthcare financing and practice transition services in the country.
Manhattan, NY
$975,000
East Meadow, NY
$375,000
$88,000
New York, NY
Brooklyn, NY
$825,000
Great Neck, NY
$395,000
Available in New York
$97,500
Westchester, NY
$395,000
Nassau County, NY
$650,000
New York County, NY
$200,000
Nassau County, NY
$500,000
Suffolk County, NY
$1,000,000
REAL ESTATE INCLUDED
New York
$6,375,000
New York
$4,200,000
Queens, NY
$5,618,000
New York County, NY
$5,000,000
Available in New York
$65,000
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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