Trenton, MI
$1,000,000

Trenton, MI
$1,000,000

Wayne County, MI
$280,000
Northville, MI
$500,000

Livingston County, MI
$125,000
Plymouth, MI
$350,000
Grand Rapids, MI
$845,000
Wayne County, MI
$1,300,000
Detroit, MI
$160,000
Detroit, MI
$35,000
Wayne County, MI
$580,000
Available in Michigan
$50,000
Michigan
$175,000
Wayne County, MI
$1,400,000
$3,900,000
Prudenville, MI
Detroit, MI
$199,900
Michigan
Not Disclosed
Paul Habba
Business Broker One
Serving Oakland County, MI
Michigan's Premier Business Brokers and Commercial Real Estate Services . Our entrepreneurial spirit and real-world business experience sets us apart. When it comes to selecting the business to buy, or selecting a franchise to purchase - your success is our success! We understand trends and fads. The last thing you want to do is start a business or purchase a business that has a shelf life that is about to expire. This is why we constantly study the business world to identify trends and fads. Whether you're looking to buy a business or sell your business, our team of experienced Business Brokers is ready to guide you through the process. Their expertise comes from years of business ownership, in addition to business brokerage. They understand how to help you find the business opportunity that's right for you.
Independence, MI
$50,000
Michigan
$500,000
Jackson County, MI
$825,000
Oakland County, MI
$164,900
Plymouth, MI
$350,000
Available Nationwide
$50,000
Plymouth, MI
$350,000
Grand Rapids, MI
$300,000
$199,995
Grand Rapids, MI
Novi, MI
$410,000
Oakland County, MI
$75,000
Wayne County, MI
$695,000
Oakland County, MI
$75,000
Detroit, MI
$549,900
Grand Rapids, MI
$389,900
Rochester, MI
$249,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
West Branch, MI
$675,000
Troy, MI
$195,000
$990,000
Michigan
Bay County, MI
$1,600,000
Oakland County, MI
$285,000
Available Nationwide
$50,000
Detroit, MI
$195,000
Oakland County, MI
$115,000
Novi, MI
$529,000
Oakland County, MI
$125,000
Lansing, MI
$95,000
Marin Klink
Exp Commercial
Serving Oakland County, MI
From Purchases to Exits, Full Planning and Execution
Grand Rapids, MI
$120,000
Sturgis, MI
$15,000
$150,000
Rochester, MI
Wayland, MI
$145,000
Ingham County, MI
$58,420
Available Nationwide
$150,000
Oakland Township, MI
$230,000
REAL ESTATE INCLUDED
Michigan
$1,323,000
Roseville, MI
$299,999
Oakland County, MI
$2,200,000
Wayne County, MI
$1,000,000
Oakland County, MI
$198,000
Traverse City, MI
$80,000
REAL ESTATE INCLUDED
Michigan
Not Disclosed
Oakland County, MI
$160,000
Available in Michigan
$75,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 118 |
| Median Asking Price | $280,000 |
| Median Reported Revenue | $545,208 |
| Median Reported Seller's Discretionary Earnings | $154,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $160,000 | $280,000 | $656,225 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $290,000 | $86,752 |
| Median | $545,208 | $154,000 |
| Upper Quartile | $1,238,196 | $263,833 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.39 |
| Median | 0.65 | 2.25 |
| Upper Quartile | 0.92 | 3.29 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Service Business in Michigan?
The median asking price for an established Service Business in Michigan is $280,000, though prices range from under $160,000 to well over $656,225.
How much do Service Businesses owners in Michigan earn?
The median reported revenue of Service Businesses in Michigan is $545,208 and owners earn a median of $154,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses in Michigan, revenue multiples range from 0.41 to 0.92, with a median of 0.65. Earning multiples range from 1.39 to 3.29, with the median at 2.25. This means the typical Service Business in Michigan may ask for around 0.65 times its annual revenue, and 2.25 times its annual owner earnings.
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