Fort Pierce, FL
$2,250,000
Fort Pierce, FL
$2,250,000
Cutler Bay, FL
$3,970,000
Williamsport, PA
Montgomery County, TX
$3,125,000
New Jersey
$6,000,000
Los Angeles, CA
$2,980,000
Orange, CA
$649,000
Livingston, NJ
$2,200,000
Lawnside, NJ
Little Rock, AR
$975,000
Berlin, NJ
$249,900
Corsicana, TX
$120,000
New Port Richey, FL
New Port Richey, FL
New Port Richey, FL
New Port Richey, FL
Louis Goldblatt, CPA
First Choice Business Brokers
Serving New Haven County, CT
Buying or selling your own business can be one of the most difficult aspects of business ownership. With so many businesses for sale and so many prospective buyers, it can be overwhelming just figuring out where to begin. Fortunately, First Choice Business Brokers provides a nationwide network of Business Sales Professionals to help guide you through the buying or selling process. Since we were established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12.5B in businesses for sale. Buyers and sellers alike can enjoy the ease and expertise of a national network of professional business brokers. With First Choice Business Brokers, you can enjoy the greatest selection of businesses for sale nationwide. Or as a seller, you can expect to receive individualized attention in your local market. First Choice Business Brokers is proudly a member in good standing with the International Franchise Association, Canadian Franchise Association and International Business Brokers Association.
New Port Richey, FL
New Port Richey, FL
Matawan, NJ
$2,590,000
Queens, NY
$1,600,000
Orange, CA
$180,000
East Hampton, NY
Modesto, CA
$1,300,000
Hope, AR
$225,800
Hope, AR
$150,000
Holtsville
$140,000
Minneapolis, MN
$750,000
Brazos County, TX
$2,500,000
Berlin, NH
$269,900
Prince George's County, MD
$3,500,000
Queens County, NY
$1,550,000
Barnstable County, MA
$1,999,000
Brooklyn, NY
$599,000
Los Angeles, CA
$2,950,000
Scituate, MA
$12,000,000
Spain
$28,000,000
Cockeysville, MD
Grand Junction, CO
$6,000,000
Elizabethport, NJ
$880,000
Ellsworth, ME
Compton, CA
$3,000,000
Charleston, SC
Chicago, IL
$265,000
Frisco, TX
$850,000
Daniel Crespo
Crespo Business Brokers
Serving Hillsborough County, FL
Crespo Business Brokers is dedicated to our clients’ needs and is committed to providing exceptional services. We focus our efforts in providing the easiest transition from start to finish. We believe that the efforts utilized during the front-end of the sales process result in higher returns for our clients, and likewise provide superior service to prospective buyers. As professionals, we recognize the importance of trust and confidentiality. We will always put the needs and interests of our clients first. Commercial & Business Brokerage!
Collin County, TX
$2,300,000
Upper Lake, CA
$520,000
Cumberland County, NJ
$3,100,000
Levittown, PA
$1,700,000
Remus, MI
$200,000
$10,000
Acquisitions of service business are on the rise, and it’s easy to see why. Service businesses provide niche professional support to customers and cover a wide range of industries. The benefits of owning a service business include operational flexibility, high profitability, low overhead costs, minimal inventory and supplies, and the possibility of generating multiple revenue streams. One of the primary advantages of buying an existing service business is that it comes with established credibility in the market.
For those in the market to buy or sell a service business, 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 service businesses.
Market Overview
Number of Businesses Analyzed |
5,359 |
Median Asking Price |
$312,338 |
Median Reported Revenue |
$525,724 |
Median Reported Earnings |
$152,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.43 |
1.50 |
Median |
0.72 |
2.43 |
Upper Quartile |
1.08 |
3.44 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
Popular Service Businesses
Some of the most popular categories include:
FAQs
How much does it cost to buy a service business?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in the U.S. is approximately $312,338.
How much do service business owners earn?
These businesses vary in sales volume, but service business owners report median annual sales of $525,724 and annual owner earnings of $152,000. 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 range from 0.43 to 1.08, with the median at 0.72. Earnings multiples range from 1.50 to 3.44, with the median at 2.43. These values indicate that a typical service business may sell for around 0.72 times its annual revenue, and 2.43 times its annual owner’s earnings.
More for Business Buyers:
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