Albuquerque, NM
$449,900
Albuquerque, NM
$449,900
Rockingham County, NH
$150,000
Strafford County, NH
$425,000
San Francisco County, CA
$600,000
Los Angeles County, CA
$275,000
REAL ESTATE INCLUDED
Essex County, MA
$1,625,000
Dallas County, TX
$335,000
Lithonia, GA
$430,000
Gainesville, GA
$250,000
Morris County, NJ
$600,000
Middlesex County, NJ
$199,999
Bridgeport, CT
$79,000
Alberta
Colorado
$2,350,000
Cleveland, OH
$450,000
Virginia
$950,000
Ming Dong
Lee Brokers
Serving Suffolk County, MA
Lee Brokers formally Boston Business Brokers is a company that the principal owner has been doing business brokerage since 1979. The principal owner had the 3rd franchise (VR)Venture Resources Business Brokerage Office located in financial district of Boston in the 80's.The company specializes in small to medium size business. We have a niche in marketing mom and pop businesses: Dry cleaners, laundromats, convenience store, gas stations, restaurants etc. We are minority owned and operated company.We speak Korean and Chinese. We have many Asian Buyers here and overseas with Cash to purchase the business without any owner financing.
Decatur, GA
$100,000
Powder Springs, GA
$360,000
Glendale, CA
$275,000
Minnesota
$375,000
Montgomery County, PA
$340,000
Toledo, OH
$204,990
Dallas, TX
Cash Flow: $8,511,623
Collin County, TX
$100,000
Indiana
$900,000
Dallas, TX
$399,000
Hendry County, FL
$550,000
Las Vegas, MO
$245,000
Contra Costa County, CA
Cash Flow: $438,000
Middlesex County, NJ
$169,999
Jackson County, GA
$700,000
Miami, FL
$425,000
Ontario
$1,200,000
Tulsa, NJ
$490,000
Herriman, UT
$999,995
Fort Worth, TX
$348,999
Rogers, AR
$699,890
Kane County, IL
$329,000
Minneapolis, OH
$599,000
Broward County, FL
$75,000
Norfolk County, MA
$129,900
Plymouth County, MA
$1,100,000
Washington
$5,250,000
Tim Ceman
Drifka Group
Serving Outagamie County, WI
Hudson County, NJ
$135,000
Louisville, KY
$985,000
Middlesex County, MA
$989,000
Washtenaw County, MI
$110,000
Waco, TX
$150,000
Rochester, NY
$150,000
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:
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