Virginia
$495,000

Virginia
$495,000

Saint Louis, MO
$375,000

REAL ESTATE INCLUDED
Spicer, MN
$950,000

E Baton Rouge County, LA
$175,000
Melbourne, FL
$39,000
Jackson County, MS
$950,000
Philadelphia, PA
$500,000
Westchester County, NY
$600,000
Middlesex County, MA
$160,000
Texas
$1,499,000
REAL ESTATE INCLUDED
Benton County, OR
$1,400,000
Illinois
$2,799,000
Cincinnati, OH
$295,000
REAL ESTATE INCLUDED
Texas
$1,200,000
Tucson, AZ
$69,000
New York County, NY
$4,500,000
Mike Costello
Costello Capital Management, LLC
Serving Hamilton County, TN
Mike Costello, our managing member, has consulted several business owners relating to the successful sale of their ownership interests. A recent example occurred in August 2021, prior to his retirement from Elliott Davis, when he was retained as a consultant with respect to the sale of a middle market company located in the Tennessee Valley. In this case, he provided assistance to the company’s owner and management team, resulting in the successful sale to a strategic buyer (a public company in the industry) in December, 2021 for $58 million. In July, 2022, he received a request from another Tennessee Valley middle market company to perform business broker services. These events motivated Costello to serve as a business broker. As a result, he retired from Elliott Davis and formed Costello Capital Management, LLC (“CCM”) in October, 2022. CCM is already actively engaged with other regional clients exploring the sale of their businesses. CCM is uniquely qualified to determine the best approach for marketing a business entity for sale. This could include going to: -private equity groups (financial buyers), -industry members (as mentioned above), or -the local market (including networking with CPAs, bankers, attorneys or known potential buyers), depending upon the size of the business. Costello’s experience and in-depth knowledge of business transactions is beneficial at every stage of a business transaction: determining the optimal sales process, establishing an appropriate sales price, negotiating to realize the targeted sales price and then managing the transaction to a successful closing.
Maple Shade, NJ
$200,000
Pennsylvania
$640,000
$560,000
San Luis Obispo County, CA
$235,000
Lexington, KY
$279,950
Henrico County, VA
$499,000
Oklahoma City, OK
$119,900
Norfolk County, MA
$99,000
Rego Park, NY
$109,222
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
$2,799,000
Plymouth County, MA
$450,000
Bronx County, NY
$898,000
Georgia
$470,000
Texas
Not Disclosed
EBITDA: $1,503,324
Alameda County, CA
Not Disclosed
Cash Flow: $200,000
Naples, FL
$385,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Northridge, CA
$7,500,000
Cook County, IL
$559,600
Atlanta, GA
$2,200,000
Spring, TX
$79,000
Fayette County, KY
$399,000
Rockland County, NY
$89,500
New Orleans Naval Air, LA
$1,200,000
Dayton, OH
$10,000
California
Not Disclosed
EBITDA: $775,000
Jason Huett
Collaborative Commercial Business Brokers, LLC.
Serving Dane County, WI
Thank you for stopping by my profile. I am an entrepreneur, Chief Marketing Officer, and Business Broker. Over the past 20 years, I've had the opportunity to launch, buy, sell, and license 17 different businesses. If you're considering selling your business (or acquiring one), know that I've done this for myself many times and understand the importance of obtaining a sale price that makes financial sense to you. Not only does this give me a unique perspective, but I also understand the components of your business that drive your asking price: Sales and Marketing, Operations, Finance, and Human Resources. My approach is proactive, embraces the use of Data Analytics, AI, and Digital Marketing strategy to assist buyers and sellers transact more efficiently. While I do utilize business brokering website listings to help my clients, my strategy goes far beyond the tools typically used in the brokering industry — tools I've migrated from my marketing firm (Fifth Degree Marketing) that utilize the same technology used to help our corporate clients. My unique capabilities in marketing your business and/or commercial real estate include: - CMO (Chief Marketing Officer) driven strategies and execution. I am a classically trained marketer with 20+ years of experience developing Marketing strategies for dozens of clients across the US and UK. - Access to Database technology - I tap 12+ databases to find buyers and sellers with more efficiency. - Extensive experience deploying Social Media, Paid Advertising, Email Marketing, SEO, and digital marketing campaigns. Businesses I have brokered (B2C and B2B): 1) Fitness 2) Commercial Real Estate 3) Repair and Maintenance 4) Dryer Vent & Air Duct 5) Small Engine & Power Equipment 6) Water Purification 7) Transportation 8) Licensed IP 9) Multi-Location Bricks-and-Mortar 10) Gutter & Window Cleaning 11) Martial Arts If you're curious to learn more, please don't hesitate to get in touch!
Marietta, GA
$1,250,000
Sioux City, IA
$50,000
Fort Lauderdale, FL
$370,000
Texas
$850,000
REAL ESTATE INCLUDED
$18,000,000
Myrtle Beach, SC
$75,000
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:
Set Up Alerts and Notifications
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