Burlington, NJ
$250,000
Burlington, NJ
$250,000
Kernersville, NC
$1,160,000
Stoneville, NC
$150,000
Santa Clara County, CA
Not Disclosed
EBITDA: $1,090,000
Ohio
$100,000
San Diego, CA
$375,000
Merced County, CA
$27,600
Charlotte, NC
$165,000
Suffolk County, NY
$550,000
Marietta, GA
$180,000
Volusia County, FL
$149,900
Iowa
$1,000,000
Middlesex County, MA
$1,100,000
Alameda County, CA
$849,000
North Carolina
$999,000
Port Charlotte, FL
$87,000
Chris Springfield, CBI, CM&AA, PMP
Springfield Strategies, LLC
Serving Fulton County, GA
Complimentary Valuations and Success Fee-Based Services. Deciding to sell the business you’ve worked so hard to build is a major event for most entrepreneurs. Understanding how to choose a qualified Intermediary is critical to a successful exit. At Springfield Strategies, we leverage our years of experience with confidential business sales to gather data on current market trends and analyze your key value drivers to get the maximum selling price for your business. From exit planning to the closing table, we have the expertise to guide you to a successful transaction. Our motto is Plan. Execute. Exit
Connecticut
Not Disclosed
Cash Flow: $900,941
Santa Rosa Beach, FL
$799,999
Great Falls, MT
$280,000
Monroe County, NY
$125,000
Springboro, OH
$465,000
Lake County, CA
$408,000
Pittsburgh, PA
$595,000
Port Saint Lucie, FL
$275,000
Maine
$395,000
Miami, FL
$533,000
Illinois
Not Disclosed
Cash Flow: $440,000
Chicago, IL
$175,000
Willowbrook, IL
$135,000
Davidson County, TN
$700,000
Davidson County, TN
$177,000
Maryland
$4,900,000
Oviedo, FL
$180,000
Tennessee
$72,000
Alabama
$85,000
Rockwood, TN
$78,000
Mississippi
$72,000
Kentucky
$194,000
Florida
$85,000
Sioux Falls, SD
$125,000
Dougherty County, GA
$592,500
Melbourne, FL
$545,000
REAL ESTATE INCLUDED
Augusta, ME
$4,500,000
Wyoming
$1,200,000
Brian Sauvageau
First Choice Business Brokers Chicago West
Serving DuPage County, IL
I'm here to help you achieve your goals by getting the proper valuation of your business and getting you the right qualified buyers.
Santa Fe Springs, CA
$185,000
San Francisco, CA
$65,000
Tempe, AZ
$325,000
Wilmington, NC
$300,000
Pittsburgh, PA
$425,000
St Louis Pk, MN
$670,597
Acquisitions of service business are on the rise, and it’s easy to see why. Service businesses provide niche professional support to customers and cover a wide range of industries. The benefits of owning a service business include operational flexibility, high profitability, low overhead costs, minimal inventory and supplies, and the possibility of generating multiple revenue streams. One of the primary advantages of buying an existing service business is that it comes with established credibility in the market.
For those in the market to buy or sell a service business, 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 service businesses.
Market Overview
Number of Businesses Analyzed |
5,359 |
Median Asking Price |
$312,338 |
Median Reported Revenue |
$525,724 |
Median Reported Earnings |
$152,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.43 |
1.50 |
Median |
0.72 |
2.43 |
Upper Quartile |
1.08 |
3.44 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
Popular Service Businesses
Some of the most popular categories include:
FAQs
How much does it cost to buy a service business?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in the U.S. is approximately $312,338.
How much do service business owners earn?
These businesses vary in sales volume, but service business owners report median annual sales of $525,724 and annual owner earnings of $152,000. 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 range from 0.43 to 1.08, with the median at 0.72. Earnings multiples range from 1.50 to 3.44, with the median at 2.43. These values indicate that a typical service business may sell for around 0.72 times its annual revenue, and 2.43 times its annual owner’s earnings.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: