Oakland County, MI
This is a great opportunity to own a long established, Dry-Cleaning Plant with Shirt Laundry in Oakland County. Established in 1981, this 1,600 sq ft plant is located on a highly traveled intersection...
$315,000

Oakland County, MI

Oakland County, MI

Texas

Montgomery County, PA
Suffolk County, NY
Queens, NY
Hampstead, MD
Roanoke, VA
Federal Heights, CO
Lake Worth, FL
Minnesota
Hillsborough County, FL
South Carolina
San Mateo County, CA
Santa Rosa, CA
Michigan
Stephen Cohen
IBA
Serving Multnomah County, OR
International Business Associates, commonly known as IBA, was established in 1975 by a group of experienced business brokerage professionals who believed that they could provide better customer service, market knowledge, transactional experience, and professional representation while maintaining confidentiality than was currently available to the Pacific Northwest. On this foundation, IBA has grown into the regional leader in business sale transactions involving privately held companies & family owned businesses. Our regional leadership is found in the number of “middle market” transactions successfully facilitated annually, but is also recognized in terms of knowledge & professionalism by the legal, accounting, banking, real estate, and entrepreneurial communities. The company is a full service firm offering professional valuation, marketing, negotiation, and transaction facilitation expertise to owners of privately held companies & family owned businesses. All of our associates have at least one real estate broker’s license enabling the joint representation of businesses & real estate, when appropriate. Our historical venues for transactional activity have been the Pacific Northwest states of Washington, Oregon, Alaska, and Idaho; however our reputation & representation has not been contained by those geographic boundaries with IBA professionals being hired on a consulting basis to negotiate and represent businesses in many other states including California, Colorado, Arizona, Illinois, Ohio, North Carolina, and Massachusetts. IBA is a strong supporter of the immigrant entrepreneur community. We have native speaking Spanish, Russian, Chinese, Indian (Punjabi and Hindi) and German business brokers on our bilingual transaction facilitation staff. Please contact our office if you would like additional information on IBA or if you would like to schedule a time to meet with an IBA professional.
Middlesex County, MA
Shepherdsville, KY
Palmdale, CA
St. Louis County, MO
Maine
Snohomish County, WA
Monmouth County, NJ
North Dakota
Santa Clara County, CA
North Carolina
Multnomah County, OR
Tempe, AZ
Jackson County, OR
Danbury, CT
Suffolk County, NY
Cozad, NE
REAL ESTATE INCLUDED
Oklahoma County, OK
Nassau County, NY
Austin, TX
Vinings, GA
Encino, CA
Lawrenceville, GA
Corvallis, OR
Murfreesboro, TN
Myrtle Beach, SC
Virginia
Florida
St Lucie County, FL
Bill Grunau
Pacific Business Brokers
Serving Orange County, CA
Pacific Business Sales specializes in the sale of small and mid-size businesses in Orange County, LA County, the Inland Empire, and Silicon Valley. We also sell commercial real estate and work closely with CPAs and financial advisors that specialize in tax and retirement planning for business owners selling their businesses. Pacific Business Sales represents companies in technology, manufacturing, distribution & 3PL, construction, healthcare & health services, and B2B services markets. What to Expect * Market Value Analysis of your business before you sign a representation agreement * A smooth transaction process with our guidance step-by-step * A comprehensive Offering Memorandum (prospectus, aka business profile) for your business providing Buyers with the details they need to make an intelligent decision about buying your business * Featured Ads for your business and email blasts to the BizBuySell Buyer database + our buyer database * SBA financing for the sale of your business. Typically over 90% of our transactions use SBA financing which means more cash at closing for the Seller and better financing terms for the Buyer. We work exclusively with SBA PLP (Preferred Lending Program Lenders) * Our CPA, Financial Advisor, and Attorney affiliates/partners are available to assist you with tax planning, financial planning, Due Diligence support, and legal services if you require these services * 34 five Star reviews on Google. See the testimonials & reviews on our website
North Carolina
California
Clackamas County, OR
Bucks County, PA
REAL ESTATE INCLUDED
North Carolina
Houston, TX
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 4,765 |
| Asking Price | $360,000 |
| Reported Revenue | $661,768 |
| Reported Seller's Discretionary Earnings | $173,017 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $189,000 | $360,000 | $899,000 |
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 | $328,788 | $96,243 |
| Median | $661,768 | $173,017 |
| Upper Quartile | $1,400,500 | $315,024 |
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 | 0.42 | 1.60 |
| Median | 0.72 | 2.61 |
| Upper Quartile | 1.10 | 3.64 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $360,000, though prices range from under $189,000 to well over $899,000.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $661,768 and owners earn a median of $173,017, 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 0.42 to 1.10, with a median of 0.72. Earning multiples range from 1.60 to 3.64, with the median at 2.61. This means the typical Service Business may ask for around 0.72 times its annual revenue, and 2.61 times its annual owner earnings.
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