$185,000
Service Businesses For Sale in Texas
Market Info
Buy or Sell a Service Business in Texas
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 379 |
| Median Asking Price | $335,000 |
| Median Reported Revenue | $649,802 |
| Median Reported Seller's Discretionary Earnings | $162,376 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $166,500 | $335,000 | $800,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Texas.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $314,899 | $86,065 |
| Median | $649,802 | $162,376 |
| Upper Quartile | $1,297,500 | $317,153 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Service Businesses listed for sale in Texas.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.39 | 1.25 |
| Median | 0.68 | 2.64 |
| Upper Quartile | 1.06 | 3.71 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Service Business in Texas?
The median asking price for an established Service Business in Texas is $335,000, though prices range from under $166,500 to well over $800,000.
How much do Service Businesses owners in Texas earn?
The median reported revenue of Service Businesses in Texas is $649,802 and owners earn a median of $162,376, which includes the owners salary and any other financial benefits they receive.
How do I value a Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses in Texas, revenue multiples range from 0.39 to 1.06, with a median of 0.68. Earning multiples range from 1.25 to 3.71, with the median at 2.64. This means the typical Service Business in Texas may ask for around 0.68 times its annual revenue, and 2.64 times its annual owner earnings.
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