Waterford, CT
Make it your Mission to be your own boss in 2025. This protected routes boasts an amazing list of secure chain accounts including Wal-Mart, Target, BJ’s Stop N Shop and Shoprite amongst others. Net is...
$99,000
Waterford, CT

Jacksonville, FL

Pembroke Lakes, FL

Forest Hls, NY
Montgomery County, PA
Tennessee
Los Angeles County, CA
Michigan
REAL ESTATE INCLUDED
St. Charles County, MO
Annapolis, MD
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Rosedale, NY
Ciudad De México
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Lucas County, OH
New City, NY
Dallas, TX
Conrad and Carrie Topacio
Vantage Commercial Partners
Serving King County, WA
Vantage Commercial Partners, Carrie and Conrad Topacio, are a full-service Commercial Real Estate team with extensive experience in Business Acquisitions, Sales, Commercial Property Investments, Leasing, working with EB2 and EB5 Visas. Our philosophy is to go above and beyond the expectations of clients by providing a variety of unique services from transaction negotiation, landlord lease negotiations, business appraisals, helping secure a lender, help with attaining licenses and permits, interfacing with the liquor control board or the gambling commission. Carrie and Conrad have over twenty years of experience of working together. Their goal is to make you feel comfortable and to make your dreams a reality.
Lubbock County, TX
Sandy Spgs, GA
Dayton, OH
Summerville, SC
Worcester, MA
Louisiana
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Mount Dora, FL
Hollis Hills, NY
Las Vegas, NV
St. Louis County, MO
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Texas
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Astoria, NY
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Colorado
Charlotte, NC
Iowa
Sacramento County, CA
Cincinnati, OH
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Stamford, CT
Andrew Everett
Transworld Business Advisors - Chicago North Side
Serving Cook County, IL
Hiring a business broker in Chicago can be a strategic move for entrepreneurs looking to buy or sell a business. Chicago's dynamic and competitive market demands a nuanced understanding of local trends, regulations, and potential buyers or sellers. A skilled business broker acts as a guide through this intricate process, leveraging their expertise to navigate negotiations, conduct valuations, and ensure a smooth transaction. Whether you're a business owner seeking to sell your venture or an aspiring entrepreneur looking to invest in Chicago's vibrant business landscape, engaging the services of a reputable business broker can prove instrumental in achieving your goals and making the most informed decisions in this bustling metropolitan environment.
New York County, NY
Middlesex County, MA
Columbia, SC
Bristol County, MA
Brownsville, TX
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 4,773 |
| Asking Price | $375,000 |
| Reported Revenue | $656,936 |
| Reported Seller's Discretionary Earnings | $168,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $189,500 | $375,000 | $900,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $325,000 | $94,680 |
| Median | $656,936 | $168,000 |
| Upper Quartile | $1,391,862 | $317,836 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.44 | 1.68 |
| Median | 0.74 | 2.62 |
| Upper Quartile | 1.12 | 3.64 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $375,000, though prices range from under $189,500 to well over $900,000.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $656,936 and owners earn a median of $168,000, 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, revenue multiples range from 0.44 to 1.12, with a median of 0.74. Earning multiples range from 1.68 to 3.64, with the median at 2.62. This means the typical Service Business may ask for around 0.74 times its annual revenue, and 2.62 times its annual owner earnings.
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