Suffolk County, NY
$550,000
Service Businesses in NY For Sale
Market Info
Dry Cleaner & Tailoring Business
22 FedEx P&D Routes - Western New York
New York
$1,500,000
Turnkey Plowing & Landscaping company
Buffalo, NY
$475,000
Below-Market Kitchen Tune-Up Franchise | Turnkey Biz, Massive Upside,
Bayside, NY
$99,999
Absentee Owner Laundromat/Building(2APTS) 26W/28D/Parking /Big School
Staten Island, NY
$1,300,000
Established Drywall and Painting Business
White Plains, NY
$80,000
Established Hair Salon In High Traffic Brooklyn Location
Brooklyn, NY
$175,000
Turnkey Boutique Fitness Studio With Strong Rental Income
Suffolk County, NY
$110,000
Bronx CPA Practice For Sale
Bronx County, NY
$150,000
Snyders/Lance Route (6194)
Greenport, NY
$365,000
FranchiseLapels Dry Cleaning
Available Nationwide
$125,000
Parking Lot Maintenance and Repair Company (Industry Disruptor)
Syracuse, NY
$239,000
Manhattan Dental Practice For Sale
Manhattan, NY
$699,000
Turnkey HVAC Business With 60+ Years In Operation & $2.5M Revenue
Suffolk County, NY
$1,500,000
Electronic Waste Recycling Firm in Business for 10 Years
Nassau County, NY
$349,000
Leading Boutique Employment-Based Immigration Law Firm
New York
$6,000,000
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
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Snyders/Lance Route (6193)
Great Neck Estates, NY
$699,000
Local Vacation and Short-Term Property Management Company
Oyster Bay, NY
$189,900
Highly Profitable Auto Body Shop – $4M Gross / $850K Net
Suffolk County, NY
$3,200,000
Absentee Run Children's Sports Program With Government Contracts
Manhattan, NY
$1,200,000
FranchiseSpherion Staffing & Recruiting
Available Nationwide
$350,000
Long-Established Pharmacy in East Long Island
Suffolk County, NY
$350,000
Niche Pool Repair Business for Sale
Howard Beach, NY
$250,000
Arcade with Vending Route High Cash Flow - Low Time Commitment
Suffolk County, NY
$125,000
Unique High Margin Queens Liquor Store
Queens County, NY
$950,000
Local Hood Cleaning Business
Buffalo, NY
$235,000
Astoria – Long Island City Area Gold Medal Bread Distribution Route fo
Long Island City, NY
$140,000
Unique Fire Island Home Cleaning Co. - Huge Growth Potential - $650K
Ocean Beach, NY
$699,000
Irrigation & Sprinkler Company with Contracts
Suffolk County, NY
$1,100,000
Thriving Absentee Run Manhattan Laundromat For Sale
Manhattan, NY
$599,000
FranchiseGrasons Estate Sales & Business Liquidations
Available Nationwide
$50,000
Coin-Operated Laundromat Located In A Busy Brooklyn Neighborhood
Brooklyn, NY
$180,000
Wise Snacks Route (6188)
Port Jefferson, NY
$139,000
Established Dry Cleaners for Sale in New York
Suffolk County, NY
$150,000
Snyder's Lance Snack Route Brooklyn Turnkey
Brooklyn, NY
$450,000
FranchisePrism Specialty Restoration
Available Nationwide
$50,000
Package of 2 Salon Suites in Manhattan & Westchester County
New York
$3,840,000
SEMI ABSENTEE Profitable Laundromat for sale in Westchester
Westchester County, NY
$260,000
Company with High Profits: Property Damage & Restoration
Rochester, NY
$139,999
Remodeled Laundromat & Newer Equipment-Williamsburg, Brooklyn-$150,000
Brooklyn, NY
$150,000
Suffolk Laundromat for sale
Coram, NY
$500,000
Turnkey Deli & Restaurant Space
Queens, NY
$499,000
Successful Swimming pool service & pool construction for 40 years
Suffolk County, NY
$1,200,000
Established NYC Cleaning Company – 14 Years in Operation
Brooklyn, NY
$280,000
Bob Patel
Property Professionals Realty
Serving Nassau County, NY
Everything We Touch Turns to SOLD!
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Beautiful 4200 Square Feet Laundromat
Bronx, NY
$2,500,000
Franchise1-800 WATER DAMAGE
Available Nationwide
$100,000
Turn-key Power Washing & Shrink-Wrapping Service on Long Island
Suffolk County, NY
$150,000
Dual Location Laundry Business With Hotel Accounts
Bronx, NY
$1,800,000
Wise Snacks Route (6185)
Southold, NY
$129,900
Luxury Hair Salon For Sale in Metropolitan New York
Nassau County, NY
$2,500,000
Established Residential Contracting Company
Nassau County, NY
$775,000
Professional Dryer Vent Cleaning - Simple Labor, Essential, Booming
Hempstead, NY
$100,000
Athlete Advisory Services – Protecting the Player, Purpose, and Legacy
New York, NY
$2,999,999
High Volume Pharmacy in Manhattan
Manhattan, NY
$2,800,000
Hardware & Lock Business for Sale in Bronx County
Bronx County, NY
$149,000
FranchiseSteri-Clean
Available in New York
$65,000
Buy or Sell a Service Business in New York
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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