Brooklyn, NY
$240,000

Brooklyn, NY
$240,000

Suffolk County, NY
$299,999

Suffolk County, NY
$70,000

Long Island City, NY
$278,000
Staten Island, NY
$1,300,000
New York, NY
$3,500,000
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$4,999,999
Westchester County, NY
$449,000
Suffolk County, NY
$350,000
Available Nationwide
$100,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Westchester County, NY
$1,100,000
Queens, NY
$600,000
Peter Gregory
First Choice Business Brokers
Serving Westchester County, NY
First Choice Business Brokers, Westchester NY FCBB Westchester is In our 4th Year Serving NY, NJ, CT We offer “Concierge-Level”, High-Touch Service Nationwide Representation working with a network 70 other FCBB brokers and 200 agents Typical: 5-6 Quality Listings per Agent to maintain Personalized Service to highly vetted sellers
Roessleville, NY
$949,000
REAL ESTATE INCLUDED
New York, NY
$18,200,000
New York
$675,000
Brooklyn, NY
$125,000
New York
$4,180,000
Available Nationwide
$50,000
Rensselaer County, NY
$305,000
Queens County, NY
$1,150,000
Nassau County, NY
$900,000
Suffern, NY
$200,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Nassau County, NY
$49,000
Brooklyn, NY
$169,000
New York
$949,000
Available in New York
$20,000
New York
$1,375,000
Bayside, NY
$205,000
Staten Island, NY
$33,000
Staten Island, NY
$34,500
Available in New York
$30,000
Richmond County, NY
Not Disclosed
EBITDA: $980,000
Suffolk County, NY
$300,000
Brooklyn, NY
$200,000
Suffolk County, NY
$1,600,000
Putnam County, NY
$675,000
Michael Castellano
Gilcrest Properties
Serving Columbia County, NY
in Business since 2012 Gilcrest Properties continues to dominate the world of residential & commercial real estate as well as being the leader in business brokering. Call us today. 518-505-4811
New York
$2,990,000
Nassau County, NY
$270,000
Bellmore, NY
$137,000
Albany County, NY
$255,000
Available in New York
$150,000
Westbury, NY
$370,000
New York, NY
$7,500,000
Depew, NY
$29,000
Buffalo, NY
$49,500
Nassau County, NY
$430,000
Hudson, NY
$305,000
Fresh Meadows, NY
$135,000
Suffolk County, NY
$2,700,000
New York
Not Disclosed
EBITDA: $247,000
Available Nationwide
$50,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: