New York
$65,000

New York
$65,000
Clarence Center, NY
$104,500

Richmond County, NY
$237,500

Yonkers, NY
$600,000
Bronx, NY
$2,300,000
Rochester, NY
$524,999
Oneida, NY
$435,000
Brooklyn, NY
$170,000
Suffolk County, NY
$300,000
Rochester, NY
$475,000
Available Nationwide
$45,000
Ridgewood, NY
$210,000
Kings County, NY
$200,000
Suffolk County, NY
$550,000
New York
$1,500,000
Buffalo, NY
$475,000
Darlene Ragone
Moxie Brokerage Group | Moxie Select
Serving Nassau County, NY
Moxie Brokerage Group 68 S. Service Road, Suite 100 Melville, NY 11747 631-778-8881
Bayside, NY
$99,999
Staten Island, NY
$1,300,000
White Plains, NY
$80,000
Brooklyn, NY
$175,000
Available Nationwide
$100,000
Suffolk County, NY
$110,000
Bronx County, NY
$150,000
Greenport, NY
$365,000
Syracuse, NY
$239,000
Manhattan, NY
$699,000
Suffolk County, NY
$1,500,000
Nassau County, NY
$349,000
New York
$6,000,000
Great Neck Estates, NY
$699,000
Available in New York
$200,000
Oyster Bay, NY
$189,900
Suffolk County, NY
$3,200,000
Manhattan, NY
$1,200,000
Suffolk County, NY
$350,000
Available Nationwide
$60,000
Howard Beach, NY
$250,000
Suffolk County, NY
$125,000
Queens County, NY
$950,000
Buffalo, NY
$235,000
Long Island City, NY
$140,000
Ocean Beach, NY
$699,000
Suffolk County, NY
$1,100,000
Manhattan, NY
$599,000
Alana Crumbley
Berkshire Hathaway HomeServices
Serving Niagara County, NY
The Berkshire Hathaway HomeServices Vino Advisory Team comprises an exclusive group of real estate professionals with an unparalleled portfolio of magnificent wineries around the globe. Our winery specialists provide white glove service for those selling or seeking wineries. Powered by a luxury brand whose ethos is founded on integrity, excellence and longevity, Berkshire Hathaway HomeServices Vino Advisory Team pair invaluable knowledge with exclusive access to advanced tools and vast global connections. VAT reaches from Coast to Coast in the US + globally; including countries such as Spain, Portugal, Italy, Greece, UK, and Dubai.
Brooklyn, NY
$180,000
Available Nationwide
$50,000
Port Jefferson, NY
$139,000
Suffolk County, NY
$150,000
New York
$3,840,000
Rochester, NY
$139,999
Brooklyn, NY
$150,000
Coram, NY
$500,000
Queens, NY
$499,000
Suffolk County, NY
$1,200,000
Brooklyn, NY
$280,000
Available in New York
$40,900
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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