Salt Lake City, UT
$400,000

Salt Lake City, UT
$400,000

Davis County, UT
$381,200

Weber County, UT
$180,000

Salt Lake County, UT
$295,000
Utah
$700,000
Spanish Fork, UT
$90,000
Hyrum, UT
$107,000
Utah
$600,000
Salt Lake City, UT
$90,000
Utah
$4,500,000
Available Nationwide
$100,000
Utah County, UT
$1,475,000
Ogden, UT
$149,995
$2,520,000
Iron County, UT
Utah County, UT
$230,000
Utah
$1,200,000
Dean Wiltse
Sunbelt Network of Utah
Serving Salt Lake County, UT
Sunbelt sells more privately owned businesses than any other business broker in the world. Our Sunbelt Network Utah office covers the entire state of Utah. Our managing Broker, Dean Wiltse, with a successful track record spanning over three decades in the business realm, Dean Wiltse is a highly experienced and versatile leader. His portfolio includes an extensive range of expertise from negotiating, steering turnarounds, guiding initial public offerings, and managing small to mid-cap mergers and acquisitions. His outstanding acumen in operational analysis, business planning, and preparing businesses for sale sets him apart in the industry. Mr. Wiltse's track record demonstrates a rare ability to handle businesses of all sizes, ranging from those with modest annual revenue below $100,000 to large enterprises generating over $100 million. In his earlier career, Mr. Wiltse distinguished himself by taking Greenfield Online (SRVY) public on NASDAQ. This marked a significant milestone by establishing the world's most extensive interrelation of global online consumer communities. As CEO, he propelled this tech startup into a globally recognized, publicly-traded consumer insight powerhouse. His tenure saw the establishment of the world's largest global E-commerce platform. Following the successful IPO, he spearheaded the acquisition of seven companies, including Ciao in Europe, acquired for $150 million. Greenfield Online was eventually bought by Microsoft for a substantial $480 million, incorporating Ciao into Bing to boost its global eCommerce technology, revenue, and consumer awareness. Through his leadership, Mr. Wiltse has materially impacted the financial status of numerous individuals and organizations. To date, over 10 founders and their families have become millionaires under his guidance, and his teams have generated over $780 million in market value for investors.
Utah County, UT
$129,000
North Salt Lake, UT
$1,495,000
Salt Lake City, UT
$1,300,000
Utah
$1,545,000
Ogden, UT
$940,000
Available Nationwide
$250,000
Salt Lake City, UT
$200,000
Utah
$750,000
$5,000,000
Utah County, UT
Utah
$250,000
Utah
$750,000
Utah
$2,900,000
Salt Lake County, UT
$3,300,000
Salt Lake City, UT
$99,000
Utah
$550,000
Park City, UT
$85,000
Available Nationwide
$50,000
Salt Lake City, UT
$1,500,000
North Salt Lake, UT
$64,995
$250,000
Salt Lake City, UT
Riverton, UT
$399,995
Utah
$850,000
Available Nationwide
$50,000
Layton, UT
$495,000
Utah
$199,000
Utah
$600,000
Utah County, UT
$130,000
Utah County, UT
$359,000
mark hockman
Murphy Business
Serving Summit County, UT
Now affiliated with Murphy Business Sales, a leading firm in selling businesses and conducting valuations since 1994, Mark specializes in helping business owners smoothly transition ownership. He leverages his extensive professional network and industry knowledge to guide clients through successful exits, particularly during a time when businesses are selling rapidly.
Herriman, UT
$999,995
REAL ESTATE INCLUDED
Utah
$5,000,000
Salt Lake County, UT
$1,750,000
Salt Lake City, UT
$40,700
Available in Utah
$150,000
Midvale, UT
$649,995
Weber County, UT
$275,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 54 |
| Median Asking Price | $497,500 |
| Median Reported Revenue | $767,304 |
| Median Reported Seller's Discretionary Earnings | $168,500 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $182,475 | $497,500 | $1,297,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Utah.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $242,040 | $109,648 |
| Median | $767,304 | $168,500 |
| Upper Quartile | $1,705,938 | $331,188 |
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 Utah.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.51 | 1.69 |
| Median | 0.94 | 2.56 |
| Upper Quartile | 1.44 | 3.82 |
| 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 Utah?
The median asking price for an established Service Business in Utah is $497,500, though prices range from under $182,475 to well over $1,297,500.
How much do Service Businesses owners in Utah earn?
The median reported revenue of Service Businesses in Utah is $767,304 and owners earn a median of $168,500, 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 Utah, revenue multiples range from 0.51 to 1.44, with a median of 0.94. Earning multiples range from 1.69 to 3.82, with the median at 2.56. This means the typical Service Business in Utah may ask for around 0.94 times its annual revenue, and 2.56 times its annual owner earnings.
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