New York
$5,000,000
New York
$5,000,000
Suffolk County, NY
$2,700,000
New York
Suffolk County, NY
$299,000
Syracuse, NY
$299,900
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Tonawanda, NY
$60,000
Suffolk County, NY
$1,400,000
Nassau County, NY
$175,000
Available Nationwide
$30,000
Woodside, NY
$160,000
Nassau County, NY
$249,000
$40,000
New York, NY
Queens County, NY
$399,000
Nassau County, NY
$150,000
Hedgestone Advisors
Hedgestone Business Advisors
Serving New York County, NY
Hedgestone Business Advisors is a full-service firm specializing in real estate, business brokering, mergers, and acquisitions. We recognize opportunities long before any of our competitors, enabling us to speed up the transaction process and better advise our clients. Our clients are the reason we are in business, and we always remember that we would not exist without them. Our service is always customized and sharply focused on the specific needs of every client. We succeed only when you do.
Levittown, NY
$250,000
Brooklyn, NY
$375,000
New York, NY
$650,000
Saratoga County, NY
$250,000
Brooklyn, NY
$350,000
Available Nationwide
$50,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Johnson City, NY
$895,999
Brooklyn, NY
$1,320,000
White Plains, NY
$149,000
Quogue, NY
$299,000
Tonawanda, NY
$15,000
Potsdam, NY
$426,000
Albany, NY
$295,000
Available in New York
$150,000
Merrick, NY
$130,000
New York County, NY
$1,450,000
Suffolk County, NY
$149,900
Jamaica, NY
$455,000
Available Nationwide
$50,000
New York County, NY
$100,000
Putnam County, NY
$450,000
Nassau County, NY
$2,100,000
Astoria, NY
$175,000
New York, NY
$949,000
Marwan Nabulsi
Murphy Business Sales
Serving New York County, NY
Murphy is the largest (IBISWorld 2015) and most successful business brokerage firm in North America with offices conveniently located throughout the United States and Canada. We are members of virtually all associations, group listing services and networks that exist in the business brokerage industry. We have unsurpassed access to buyers and sellers nationwide. Our proven process and system provides our clients a higher closing ratio than national averages. We promise that you will not find a more complete, thorough professional experience as the one Murphy Business and Financial Corporation can provide.
Jamaica, NY
$1,750,000
New York
$1,350,000
Erie County, NY
$225,000
Nassau County, NY
$1,250,000
Available Nationwide
$35,000
Brooklyn, NY
$245,000
Rochester, NY
$375,000
Jackson Heights, NY
$299,000
Brooklyn, NY
$1,599,000
Queens, NY
$515,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
Suffolk County, NY
$35,000
Brooklyn, NY
$100,000
Available in New York
$175,000
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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