Brooklyn, NY
$600,000
Brooklyn, NY
$600,000
Cleveland, NY
$268,900

Wappingers Falls, NY
$295,000
Westchester County, NY
$600,000
New York County, NY
$4,500,000
Rego Park, NY
$109,222
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
Rockland County, NY
$89,500
Available Nationwide
$50,000
Manhattan, NY
$9,999,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Si Pae
4a Business Broker LLC
Serving Orange County, NY
My focus is on my client's interest and providing the best service in the marketplace.
Bronx County, NY
$165,000
Queens, NY
$1,388,888
Nassau County, NY
$169,999
Queens, NY
$135,000
Available in New York
$25,340
New York, NY
$65,000
Queens, NY
$275,000
Blue Point, NY
$458,000
Suffolk County, NY
$450,000
Buffalo, NY
$2,000
Hempstead, NY
$189,000
Suffolk County, NY
$180,000
Kings County, NY
$1,200,000
Buffalo, NY
$180,000
Available Nationwide
$50,000
Rochester, NY
$499,900
Warwick, NY
$2,600,000
Valatie, NY
$750,000
Warwick, NY
$5,100,000
Available Nationwide
$50,000
East Northport, NY
Not Disclosed
Niagara County, NY
Not Disclosed
Erie County, NY
$2,900,000
Staten Island, NY
Not Disclosed
Pleasant Valley, NY
Not Disclosed
Pleasant Valley, NY
Not Disclosed
Queens, NY
$1,600,000
Brooklyn, NY
$599,000
Yong (Max) Ji
1ST PRIORITY REALTY
For those in the market to buy or sell a service business in New York, 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 New York service businesses.
Market Overview
|
Number of Businesses Analyzed |
284 |
|
Median Asking Price |
$482,500 |
|
Median Reported Revenue |
$533,398 |
|
Median Reported Earnings |
$181,263 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.57 |
2.00 |
|
Median |
0.95 |
3.02 |
|
Upper Quartile |
1.49 |
4.20 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Service Business Valuation Metrics & Financial Benchmarks
FAQs
How much does it cost to buy a service business in New York?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in New York is approximately $482,500.
How much do service business owners earn?
These businesses vary in sales volume, but New York service business owners report median annual sales of $533,398 and annual owner earnings of $181,263. 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 in New York range from 0.57 to 1.49, with the median at 0.95. Earnings multiples range from 2.00 to 4.20, with the median at 3.02. These values indicate that a typical service business in New York may sell for around 0.95 times its annual revenue, and 3.02 times its annual owner’s earnings.
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