Suffolk County, NY
$1,000,000
Suffolk County, NY
$1,000,000
New York
$3,760,000
REAL ESTATE INCLUDED
New York
$6,375,000
New York
$4,200,000
Queens, NY
$5,618,000
Suffolk County, NY
$599,000
Schenectady County, NY
$75,000
New York County, NY
$5,000,000
Brooklyn, NY
$375,000
Suffolk County, NY
$975,000
Available Nationwide
$50,000
New York, NY
$300,000
East Syracuse, NY
$975,000
$800,000
Nassau County, NY
Queens, NY
$395,000
Brooklyn, NY
$275,000
Dave Perkins
We are intermediaries.
Serving New York County, NY
Abstract Business Advisors, LLC is a specialty healthcare advisory firm offering our clients a unique advantage over traditional brokerage firms who handle mergers & acquisitions. Our team of professionals has over 100 years of combined health care business ownership and experience allowing us a comprehensive understanding of the industry. Over 24 years in business and more than $2.5B in transactions! At Abstract Business Advisors, LLC, we feel what sets us apart from other health care M&A firms, brokers, and brokerage firms, is our dedication to our clients both on the Buyer and Seller side. In addition to paying attention to details, it is crucial that we pay close attention to the health care laws, as well as the pending changes that could affect values in the health care world. We know the issues critical to the healthcare industry — reimbursement, government regulations, information systems, product technology, and market trends — issues that directly impact who’s buying, who’s selling, why, and for how much. As professional healthcare M&A advisors, we understand that our valuation methods and processes are our responsibility as a trusted partner. Starting with your price expectations, we identify and rate the market realities you are facing. Our marketing objective is to reach qualified buyers and sellers with an accurate and consistent business profile. Abstract Business Advisors, LLC assists clients through the acquisition or selling process step-by-step. Strong seller and buyer emotions are a reality of any type of business transaction. Effective emotion management is a trademark characteristic of a successful closing. As situations arise, we provide objective analytical views. When your expectation issues are on the negotiating table; you are at your highest level of outcome risk. In these situations, you have the assurance that our firm’s negotiating experience and all of our resources are directed toward successfully preserving your interests.
Suffolk County, NY
$299,999
Suffolk County, NY
$70,000
Long Island City, NY
$278,000
Staten Island, NY
$1,300,000
Kings County, NY
$141,668
Available Nationwide
$65,000
New York, NY
$3,500,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
$203,446
New York, NY
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$6,000,000
Westchester County, NY
$449,000
New York, NY
$40,000
Onondaga County, NY
$2,200,000
Staten Island, NY
$30,000
Suffolk County, NY
$350,000
Available Nationwide
$50,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
$20,000
Massapequa Park, NY
Bronx, NY
$999,999
New York County, NY
$1,400,000
Available in New York
$150,000
Westchester County, NY
$1,100,000
Nassau County, NY
$165,000
Kings County, NY
$489,000
Queens County, NY
$149,000
Kings County, NY
$169,000
Thomas Cervone
CR Properties Group LLC
Serving Dutchess County, NY
Having grown up in the Hudson Valley, Thomas Cervone is proud to have worked with local, regional, and national firms such as Iron Mountain, Alfa Laval, IBM, Price Chopper, Staples, TJ Maxx, McDonald's, Bed, Bath & Beyond and many more. We specialize in all areas of commercial real estate from retail to industrial to investment properties. List with us or buy with us, we can find the right fit for you and your company. Let us know how we may serve you.
Richmond County, NY
$109,000
Queens County, NY
$165,000
$5,000
Baldwin, NY
Queens, NY
$600,000
Roessleville, NY
$949,000
Available Nationwide
$50,000
Suffolk County, NY
$1,000,000
Kings County, NY
$200,000
Rockland County, NY
$300,000
Bronx, NY
$1,400,000
REAL ESTATE INCLUDED
New York, NY
$18,200,000
Westchester County, NY
$295,000
New York County, NY
$895,000
New York
$675,000
Brooklyn, NY
$125,000
Available in New York
$150,000
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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