Nassau County, NY
$240,000

Nassau County, NY
$240,000

West Babylon, NY
$200,000

Astoria, NY
$89,000

Nassau County, NY
$2,900,000
North Babylon, NY
$750,000
Ithaca, NY
$700,000
Cheektowaga, NY
$1,679,000
Suffolk County, NY
$750,000
Suffolk County, NY
$339,000
Bronx, NY
$700,000
Available in New York
$75,000
Orange County, NY
$695,000
Rockland County, NY
$395,000
$18,000
Richmond County, NY
Kings County, NY
$489,000
Nassau County, NY
$169,000
Tony Torella
Excelsior Business Group LLC
Serving Albany County, NY
When you choose to list the sale of your business with Excelsior Business Group we will be ready to work with you to properly position your business to sell, assist you to know the current market value of your business, maximize the value of your company and help you sell it to a qualified buyer. As your representative we will be prepared to stay actively involved with you from the time you list your business with us until the closing. Most business owners will only sell one business in their lifetime, and we can help explain how the process works. As we move through the listing, marketing and selling process with our clients we handle all the necessary details: > We pre-qualify all serious potential buyers for financial capability and experience. > We coordinate activities as needed with associated attorneys, accountants, lenders, etc. > And, most importantly, we keep our clients informed and involved in the process, while enabling them to continue to focus on running their business during the selling process. We work hard and are proud of the success we have representing our clients. As such, we will provide references upon request.
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Orangeburg, NY
$178,000
Mount Vernon, NY
$2,040,000
Available in New York
$200,000
Westchester County, NY
$79,000
Rochester, NY
$360,000
$130,000
Buffalo, NY
Bronx, NY
$1,000,000
Levittown, NY
$280,000
Albany County, NY
$145,000
REAL ESTATE INCLUDED
Manhattan, NY
$1,250,000
Nassau County, NY
$120,000
Bronx, NY
$3,500,000
Nassau County, NY
$290,000
Available in New York
$60,000
Queens County, NY
$50,000
Staten Island, NY
$950,000
$6,900,000
Remsen, NY
New York
$65,000
Clarence Center, NY
$104,500
Available in New York
$50,000
Richmond County, NY
$237,500
Yonkers, NY
$600,000
Bronx, NY
$2,300,000
Rochester, NY
$524,999
Oneida, NY
$435,000
Momentum Real Estate Group
Momentum Real Estate Group
Serving Kings County, NY
Brooklyn, NY
$170,000
Suffolk County, NY
$300,000
Rochester, NY
$475,000
Staten Island, NY
$30,000
Available Nationwide
$150,000
Ridgewood, NY
$210,000
Kings County, NY
$200,000
Suffolk County, NY
$550,000
New York
$1,500,000
Buffalo, NY
$475,000
Bayside, NY
$99,999
Staten Island, NY
$1,300,000
White Plains, NY
$80,000
Brooklyn, NY
$175,000
Available in New York
$75,000
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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