New York County, NY
$400,000
New York County, NY
$400,000
Fayette County, KY
$699,000
Bucks County, PA
$180,000
Connecticut
$875,000
Westchester County, NY
$750,000
Mount Pleasant, SC
$375,000
South Padre Island, TX
$4,668,000
New York, NY
$3,600,000
Northern Ontario, ON
$525,000
New Haven County, CT
$200,000
Dallas County, TX
$12,800,000
Fort Collins, CO
$220,000
Orlando, LA
$599,999
$100,000
Macon, GA
York County, ME
$210,000
Rochester, NY
$165,000
Michael Farruggia
Synergy Business Brokers
Serving Orange County, NY
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Livonia, MI
$150,000
Clay County, FL
$2,500,000
Lancaster, PA
$169,900
Miami-Dade County, FL
$1,900,000
Davidson County, TN
$1,160,000
REAL ESTATE INCLUDED
Alameda County, CA
$3,900,000
Richland County, SC
$224,900
Sandy, UT
$100,000
$8,100,000
Los Angeles County, CA
Denver, CO
$95,000
Sweetwater, TN
$184,000
Hackensack, NJ
$100,000
Middlesex County, NJ
$590,000
Cook County, IL
$245,000
St. Charles County, MO
$2,185,000
Denver County, CO
$135,000
Saint Louis, MO
$95,000
Oklahoma
Not Disclosed
Cash Flow: $394,000
Bergen County, NJ
$700,000
$189,000
Selden, NY
Fresno, CA
$995,000
Jacksonville, FL
$900,000
Bergen County, NJ
$625,000
Lane County, OR
$299,000
Orange County, CA
$109,900
Portland, OR
$525,000
Hartford County, CT
$249,997
Florida
$2,200,000
Bob Patel
Property Professionals Realty
Serving Nassau County, NY
Everything We Touch Turns to SOLD!
Jonesboro, GA
$175,000
Virginia
$2,200,000
$199,000
Ocala, FL
Alachua County, FL
$325,000
Charlotte County, FL
$245,000
REAL ESTATE INCLUDED
Port Saint Lucie, FL
$4,200,000
Salt Lake County, UT
$1,500,000
Lorain County, OH
$375,000
Sarasota County, FL
$3,250,000
Queens, 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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