Miami, FL
$725,000
Miami, FL
$725,000
Polk County, IA
$1,690,000
Tarrant County, TX
$220,000
Saint Louis, MO
$45,000
REAL ESTATE INCLUDED
Cook County, IL
$1,100,000
Oklahoma
$199,000
Georgia
$650,000
Louisiana
$1,900,000
California
$995,000
Martin County, FL
$145,000
Kennesaw, GA
$299,000
Macomb County, MI
$139,000
Portsmouth, VA
$100,000
Harris County, TX
$350,000
Texas
$890,000
Mesa, AZ
$78,000
Scott Curtis
First Choice Business Brokers Charlotte
Serving Mecklenburg County, NC
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $10 Billion in businesses for sale since our founding in 1994. We assist business owners by locating and matching them with the right buyer. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With many offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Hilton Head, SC
$90,000
Baton Rouge, LA
$300,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Norfolk County, MA
$575,000
Bronx, NY
$2,200,000
Essex County, MA
$550,000
South Carolina
$550,000
Charlotte, NC
$175,000
REAL ESTATE INCLUDED
East Point, GA
$450,000
Sebastian, FL
$49,000
Bronx County, NY
$165,000
Atlanta, GA
$180,000
Austin, TX
$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:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: