East Syracuse, NY
$975,000
East Syracuse, NY
$975,000
Queens, NY
$395,000
Brooklyn, NY
$275,000
Suffolk County, NY
$299,999
Suffolk County, NY
$70,000
Long Island City, NY
$278,000
Staten Island, NY
$1,300,000
Kings County, NY
$141,668
New York, NY
$3,500,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
Available in New York
$75,000
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$6,000,000
$495,000
Oneonta, NY
Westchester County, NY
$449,000
New York, NY
$40,000
Fred Petito, CM&AA, CEPA
Transworld Business Advisors
Serving New York County, NY
Transworld Business Advisors is the world leader in business sales, mergers and acquisitions, commercial real estate, and franchise sales in the main street and lower-to-middle markets. We are truly an entrepreneur's secret weapon to success! Transworld spends more money marketing businesses for sale than any other business brokerage franchise. Hands down. By successfully selling businesses since 1979, we have developed a robust and unmatched buyer and partner network that helps us complete deals quickly and at the highest level of professionalism. We specialize in finding the right buyers for good businesses. Our extensive network of business brokers and transaction coordinators worldwide boasts 250+ franchise offices and nearly 1000 team members. Because of our size, training, continued education, and communication, our network offers an unequaled distribution of exclusive business sale opportunities. Our team approach to Business Brokerage and Mergers and Acquisitions ensures that even the most complex and demanding transactions are executed with five-star proficiency. Whether we represent an acquisition-minded corporation or an adventurous entrepreneur, Transworld Business Advisors is the best option for successful business sales.
Onondaga County, NY
$2,200,000
Staten Island, NY
$30,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Available Nationwide
$80,000
Bronx, NY
$999,999
New York County, NY
$1,400,000
$775,000
Syracuse, NY
Westchester County, NY
$1,100,000
Nassau County, NY
$165,000
Kings County, NY
$489,000
Queens County, NY
$149,000
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Available in New York
$50,000
Queens, NY
$600,000
Roessleville, NY
$1,200,000
$20,000
Massapequa Park, NY
Suffolk County, NY
$1,000,000
Kings County, NY
$200,000
Available in New York
$60,000
Rockland County, NY
$300,000
Bronx, NY
$1,400,000
REAL ESTATE INCLUDED
New York, NY
$18,200,000
Westchester County, NY
$295,000
New York County, NY
$895,000
Momentum Real Estate Group
Momentum Real Estate Group
Serving Kings County, NY
New York
$675,000
Brooklyn, NY
$125,000
$5,000
Baldwin, NY
New York
$4,180,000
Rensselaer County, NY
$305,000
Available in New York
$100,000
Suffolk County, NY
$150,000
Queens County, NY
$1,150,000
Nassau County, NY
$900,000
Suffern, NY
$200,000
New City, NY
$400,000
Kings County, NY
$225,000
Suffolk County, NY
$195,000
Nassau County, NY
$299,000
New City, NY
$100,000
Available Nationwide
$30,000
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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