New York
$1,800,000

New York
$1,800,000

New York
$7,500,000

Suffolk County, NY
$239,000

Schenectady County, NY
$375,000
Suffolk County, NY
$695,000
Kings County, NY
$350,000
Bronx, NY
$399,000
Bronx, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Suffolk County, NY
$500,000
Available Nationwide
$75,000
Ozone Park, NY
$750,000
REAL ESTATE INCLUDED
New York
$7,000,000
Brooklyn, NY
$250,000
New York
$1,650,000
Staten Island, NY
$440,000
Dan Daniel
RVABB - Mid Atlantic States Leader with 98 5-STAR Reviews and Counting
Serving New York County, NY
Our company is dedicated to provide confidential listings and sales of businesses that we believe are properly valued. See what our customers are saying about us by visiting our Google Reviews.
Nassau County, NY
$550,000
Forest Hls, NY
$659,000
Rosedale, NY
$1,600,000
Nassau County, NY
$520,000
Available in New York
$200,000
Suffolk County, NY
$1,250,000
New City, NY
$400,000
Suffolk County, NY
$899,000
Brooklyn, NY
$220,000
Hollis Hills, NY
$695,000
Batavia, NY
$150,000
Buffalo, NY
$150,000
Suffolk County, NY
$300,000
Suffolk County, NY
$899,999
Available Nationwide
$150,000
East Islip, NY
$399,000
Astoria, NY
$1,300,000
New York County, NY
$4,999,999
Rochester, NY
$40,000
Available in New York
$200,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Suffolk County, NY
$850,000
Dix Hills, NY
$179,000
Rockland County, NY
$350,000
Brooklyn, NY
$1,900,000
Suffolk County, NY
$99,000
Rochester, NY
$49,000
Kathlene Thiel, M&AMI, MBA, CVA, CBI
ThielGroup LLC.
Serving Albany County, NY
Located in the Capital Region of New York State, ThielGroup provides business brokerage, merger & acquisition, and valuation services to the owners of privately-owned businesses throughout New York and western New England including the Capital Region - Albany, Schenectady, Troy, Saratoga Springs, Syracuse, Binghamton, Kingston, Poughkeepsie, Glens Falls, Saratoga Springs, as well as Vermont and Western Massachusetts.
New York County, NY
$2,450,000
Available Nationwide
$25,000
Suffolk County, NY
$399,999
Kings County, NY
$1,300,000
New York County, NY
$8,000,000
New York
$200,000
Nassau County, NY
$125,000
Brooklyn, NY
$500,000
Dutchess County, NY
$175,000
Long Island City, NY
$249,000
New York
$225,000
Available in New York
$110,000
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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