Real Estate Only
Alden, NY
Other Service Businesses For Sale in New York
Market Info
Buy or Sell an Other Service Business in New York
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 175 |
| Asking Price | $550,000 |
| Reported Revenue | $600,000 |
| Reported Seller's Discretionary Earnings | $173,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $550,000 | $1,397,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Service Businesses for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $353,985 | $116,893 |
| Median | $600,000 | $173,000 |
| Upper Quartile | $1,200,000 | $325,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Service Businesses listed for sale in New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.56 | 2.02 |
| Median | 0.83 | 2.85 |
| Upper Quartile | 1.33 | 4.07 |
FAQ's
How much does it cost to buy an Other Service Business in New York?
The median asking price for an established Other Service Business in New York is $550,000, though prices range from under $250,000 to well over $1,397,500.
How much do Other Service Businesses owners in New York earn?
The median reported revenue of Other Service Businesses in New York is $600,000 and owners earn a median of $173,000, which includes the owners salary and any other financial benefits they receive.
How do I value an Other 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 Other Service Businesses in New York, revenue multiples range from 0.56 to 1.33, with a median of 0.83. Earning multiples range from 2.02 to 4.07, with the median at 2.85. This means the typical Other Service Business in New York may ask for around 0.83 times its annual revenue, and 2.85 times its annual owner earnings.
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