Jamaica, NY
$265,000
Jamaica, NY
$265,000
Brooklyn, NY
$699,999
New York, NY
$1,900,000
Brooklyn, NY
$165,000
Queens County, NY
$275,000
New York, NY
$10,000
New York, NY
$1,450,000
Brooklyn, NY
$1,900,000
Brooklyn, NY
$399,999
Brooklyn, NY
$99,990
Available in New York
$70,000
New York, NY
$2,100,000
Brooklyn, NY
$480,000
Queens, NY
$599,999
Manhattan, NY
$249,999
Brooklyn, NY
$700,000
Harmohan Rathour
RE/MAX Golden Empire
Serving New York County, NY
Experience In Action. When you work with a RE/MAX Commercial Practioner, you're partnering with a global network of 3,300+ commercial real estate professionals backed by the number 1 name in real estate. Practitioners have the knowledge, experience, and network to help you reach your investing goals.
Astoria, NY
$80,000
Queens, NY
$1,200,000
Brooklyn, NY
$699,999
New York County, NY
$2,450,000
Available in New York
$175,000
Middle Village, NY
$249,000
Brooklyn, NY
$600,000
Jackson Heights, NY
$650,000
Kings County, NY
$1,300,000
Brooklyn, NY
$1,850,000
College Point, NY
$210,000
Brooklyn, NY
$775,000
Flushing, NY
$145,000
New York County, NY
$8,000,000
Available Nationwide
$750,000
Brooklyn, NY
$500,000
New York, NY
$3,000,000
Rego Park, NY
$395,000
Kings County, NY
$2,400,000
Available in New York
$50,000
Brooklyn, NY
$275,000
Long Island City, NY
$249,000
New York County, NY
$500,000
Bronx County, NY
$1,950,000
Brooklyn, NY
$85,000
New York County, NY
$465,000
Brooklyn, NY
$99,000
Queens, NY
$4,500,000
Inga Wszolek
Bond
Serving New York County, NY
Purchase or Sell with Confidence.
REAL ESTATE INCLUDED
Bronx, NY
$3,000,000
Available Nationwide
$100,000
New York, NY
$1,500,000
Queens, NY
$1,500,000
Brooklyn, NY
$3,000,000
Astoria, NY
$340,000
Jamaica, NY
$175,000
Brooklyn, NY
$2,200,000
Brooklyn, NY
$220,000
New York, NY
$175,000
Queens, NY
$1,599,999
Available Nationwide
$250,000
New York, NY is a global hub for diverse industries and sectors, notably finance and banking with Wall Street standing as a prestigious global financial center. The city's other strong sectors include tech, biotech and real estate, underpinning its status as an attractive destination for both startups and established companies. In addition, NYC boasts a significant tourism industry, thanks to world-renowned attractions such as Times Square and Broadway. If you're considering buying or selling a business in New York, you may have some questions. Here are some frequently asked questions to help guide you through the local business market.
Market Snapshot
We examined data on business listings sold in New York City to reveal insights about the diverse array of businesses in the region. The dynamic business sales landscape continues to influence data trends. Our aim in presenting this data is to provide you with an in-depth look into different business sectors, pricing differentials, and financial aspects you may encounter.
Number of Businesses for Sale |
~230 |
Median Asking Price |
$650,000 |
Median Reported Revenue |
$1,10,000 |
Median Reported Earnings |
$240,000 |
Profit Margin |
22% |
Earnings Multiple |
2.7 |
Revenue Multiple |
0.6 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
How many businesses are for sale in New York, NY?
On average, around 230 businesses are currently listed for sale in New York City, NY, presenting diverse opportunities for potential buyers and sellers in the local market. Some listings may be confidential, requiring a thorough search not only within New York City but also throughout the greater New York City metro area, surrounding counties, and state searches to explore additional businesses for sale.
What types of businesses are for sale in New York?
The most common types of businesses for sale in New York include:
Additionally, the New York market also presents opportunities in Building and Construction, Manufacturing Businesses, Wholesale & Distribution, and Transportation and Storage industries, each with approximately 10 listings available.
What is the average asking price for businesses in New York?
The median asking price for businesses for sale in New York is approximately $650,000. However, this can vary significantly based on the industry, size, and financial performance of the business.
What is the average revenue of these businesses?
Based on the listings, the median reported revenue for these businesses is about $1,100,000.
What is the average seller discretionary earnings?
The median reported earnings for business sellers in New York is around $240,000, with a profit margin of approximately 22%.
What are the average valuation multiples in New York's business sales market?
The average earnings multiple (asking) is at 2.7 times, and the revenue multiple (asking) is at 0.6 times. However, these multiples can vary greatly depending on the industry and financial performance of the business. It's essential to thoroughly research and understand the market and industry dynamics when valuing a business in New York.
How can New York business owners sell their own businesses?
Many business owners choose to work with a business broker, a professional who assists in the sale process by leveraging their expertise and network. On the other hand, some entrepreneurs prefer to list and manage the sale independently, taking on the responsibility of navigating the intricate process autonomously.