Dutchess County, NY
$175,000

Dutchess County, NY
$175,000
Long Island City, NY
$249,000

New York
$225,000
Syosset, NY
$465,000
Lindenhurst, NY
$175,000
Brooklyn, NY
$99,000
New York, NY
$1,500,000
Poughkeepsie, NY
$150,000
Nassau County, NY
$250,000
Nassau County, NY
$129,000
Available in New York
$60,000
Brooklyn, NY
$3,000,000
Dutchess County, NY
$165,000
Suffolk County, NY
$150,000
Brooklyn, NY
$220,000
New York
$590,000
Michael Farruggia
Synergy Business Brokers
Serving Orange County, NY
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Oneida County, NY
$495,000
Westchester County, NY
$850,000
Tonawanda, NY
$299,000
Suffolk County, NY
$109,000
Available in New York
$100,000
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
Available in New York
$40,900
Rockland County, NY
$89,500
Manhattan, NY
$9,999,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Available Nationwide
$30,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Bronx County, NY
$165,000
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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