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Yeliv Jill Adams
Sunbelt Business Brokers
Serving Virginia Beach County, VA
Our mission is to help buyers and sellers achieve success in their business and in life. We offer professional expertise, reliable service and creative win-win solutions to small and mid-size business owners while striving to make the buy and sell a smooth and successful process. We get bdeals done and closed!
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| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 2,046 |
| Asking Price | $394,450 |
| Reported Revenue | $788,355 |
| Reported Seller's Discretionary Earnings | $198,439 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $200,000 | $394,450 | $850,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $400,011 | $120,691 |
| Median | $788,355 | $198,439 |
| Upper Quartile | $1,470,389 | $341,230 |
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.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.37 | 1.44 |
| Median | 0.66 | 2.49 |
| Upper Quartile | 1.06 | 3.45 |
FAQ's
How much does it cost to buy an Other Service Business?
The median asking price for an established Other Service Business is $394,450, though prices range from under $200,000 to well over $850,750.
How much do Other Service Businesses owners earn?
The median reported revenue of Other Service Businesses is $788,355 and owners earn a median of $198,439, 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, revenue multiples range from 0.37 to 1.06, with a median of 0.66. Earning multiples range from 1.44 to 3.45, with the median at 2.49. This means the typical Other Service Business may ask for around 0.66 times its annual revenue, and 2.49 times its annual owner earnings.
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