Brooklyn, NY
$450,000

Brooklyn, NY
$450,000

Queens, NY
$415,000

Suffolk County, NY
$35,000

Brooklyn, NY
$100,000
REAL ESTATE INCLUDED
Oneida County, NY
$750,000
New York County, NY
$650,000
Syosset, NY
$399,900
New York
$150,000
Westchester County, NY
$350,000
Suffolk County, NY
$250,000
Available Nationwide
$100,000
Brooklyn, NY
$245,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
New York
$1,200,000
REAL ESTATE INCLUDED
Queens, NY
$3,999,999
Nanuet, NY
$125,000
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Suffolk County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
REAL ESTATE INCLUDED
New York
$2,500,000
Onondaga County, NY
$450,000
Rochester, NY
$300,000
Suffolk County, NY
$650,000
Available Nationwide
$60,000
Queens, NY
$100,000
Suffolk County, NY
$525,000
Brooklyn, NY
$2,100,000
Queens, NY
$524,999
New York
$9,500,000
New York
$1,400,000
Nassau County, NY
$350,000
REAL ESTATE INCLUDED
Putnam County, NY
$4,900,000
Queens, NY
$2,500,000
Available in New York
$75,000
Suffolk County, NY
$230,000
Suffolk County, NY
$375,000
Suffolk County, NY
$175,000
Kings County, NY
$110,000
Available Nationwide
$65,000
Monroe County, NY
$150,000
Brooklyn, NY
$125,000
Richmond County, NY
$1,000,000
Westchester County, NY
$249,900
Suffolk County, NY
$179,000
Bedford Hills, NY
$359,000
Brooklyn, NY
$700,000
REAL ESTATE INCLUDED
Rochester, NY
$250,000
Rhonda Oc
Franchise Finder Consulting Firm
Serving Nassau County, NY
My company has been in franchising and business brokerage for over 25 years. We can make your dream
Suffolk County, NY
$424,999
Available Nationwide
$50,000
Manhattan, NY
$250,000
Freeport, NY
$69,900
Queens, NY
$899,999
Staten Island, NY
$59,999
Nassau County, NY
$1,999,999
Staten Island, NY
$475,000
Nassau County, NY
$699,000
Nassau County, NY
$2,300,000
Onondaga County, NY
$90,000
Available Nationwide
$45,000
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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