Westbury, NY
$650,000

Westbury, NY
$650,000

East Northport, NY
$1,000,000

Manhattan, NY
$250,000

Brooklyn, NY
$620,000
Richmond County, NY
$125,000
Suffolk County, NY
$299,998
Nassau County, NY
$299,999
Yonkers, NY
$265,000
New York, NY
$3,760,000
Guilderland, NY
$155,000
Available Nationwide
$65,000
Brooklyn, NY
$149,900
New York
$579,000
$800,000
Nassau County, NY
Suffolk County, NY
$2,700,000
Schenectady County, NY
$60,000
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
Nassau County, NY
$160,000
Brooklyn, NY
$795,000
Brooklyn, NY
$3,000,000
New York
$289,000
Suffolk County, NY
$185,000
Available Nationwide
$50,000
West Henrietta, NY
$914,000
Buffalo, NY
$1,679,000
$203,446
New York, NY
Suffolk County, NY
$12,500,000
Deer Park, NY
$440,000
Farmingdale, NY
$550,000
Nassau County, NY
$2,499,999
Bronx, NY
Not Disclosed
Cash Flow: $1,000,000
East Meadow, NY
$2,499,999
Huntington Station, NY
$1,900,000
Available in New York
$125,000
Lindenhurst, NY
$299,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
$495,000
Oneonta, NY
Plainview, NY
$3,700,000
Suffolk County, NY
$299,000
Available Nationwide
$45,000
Suffolk County, NY
$350,000
Astoria, NY
$195,000
Corona, NY
$75,000
Greene County, NY
$650,000
Suffolk County, NY
$1,000,000
Alana Crumbley
Berkshire Hathaway HomeServices
Serving Niagara County, NY
The Berkshire Hathaway HomeServices Vino Advisory Team comprises an exclusive group of real estate professionals with an unparalleled portfolio of magnificent wineries around the globe. Our winery specialists provide white glove service for those selling or seeking wineries. Powered by a luxury brand whose ethos is founded on integrity, excellence and longevity, Berkshire Hathaway HomeServices Vino Advisory Team pair invaluable knowledge with exclusive access to advanced tools and vast global connections. VAT reaches from Coast to Coast in the US + globally; including countries such as Spain, Portugal, Italy, Greece, UK, and Dubai.
Kings County, NY
$200,000
Rockland County, NY
$99,000
$775,000
Syracuse, NY
Nassau County, NY
$165,000
Kings County, NY
$489,000
Available in New York
$200,000
Queens County, NY
$149,000
New York County, NY
$1,400,000
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Rockland County, NY
$975,000
Syracuse, NY
$500,000
Long Beach, NY
$365,000
Bronx, NY
$1,250,000
Available Nationwide
$250,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: