Dutchess County, NY
$165,000
Dutchess County, NY
$165,000
Suffolk County, NY
$150,000
Brooklyn, NY
$220,000
New York
$590,000
Oneida County, NY
$495,000
Westchester County, NY
$850,000
Suffolk County, NY
$3,200,000
Tonawanda, NY
$299,000
Suffolk County, NY
$109,000
Brooklyn, NY
$600,000
Available in New York
$50,000
Cleveland, NY
$268,900
Wappingers Falls, NY
$295,000
Nassau County, NY
$329,999
Westchester County, NY
$600,000
New York County, NY
$4,500,000
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Rego Park, NY
$109,222
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
Available Nationwide
$100,000
Rockland County, NY
$89,500
Bronx County, NY
$1,471,800
Manhattan, NY
$9,999,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Bronx County, NY
$165,000
Available Nationwide
$50,000
New York, NY
$65,000
Queens, NY
$275,000
Blue Point, NY
$458,000
Suffolk County, NY
$450,000
Available in New York
$75,000
Buffalo, NY
$1
Hempstead, NY
$189,000
Suffolk County, NY
$180,000
Kings County, NY
$1,200,000
New York, NY
$59,998
Buffalo, NY
$180,000
Warwick, NY
$2,600,000
Bronx County, NY
$2,999,999
Jon Sheklow
Number1BusinessBroker.com
Serving New York County, NY
We provide full brokerage services for business buyers and sellers. We act as Consultants and Business Brokers to Individual Buyers and Sellers as well as Corporations and Investment Groups. We specialize in private businesses in various industries with $5 million to $ 100 million in yearly sales. N1BB has quickly become one of the premier M&A firms in the US. With one of the most extensive Private Equity networks in the New York region and beyond. Our attention to clients (both business buyers and sellers) is unmatched.
Warwick, NY
$5,100,000
Available Nationwide
$60,000
East Northport, NY
Not Disclosed
Niagara County, NY
Not Disclosed
Erie County, NY
$2,900,000
Staten Island, NY
Not Disclosed
Bronx, NY
$2,200,000
Pleasant Valley, NY
Not Disclosed
Pleasant Valley, NY
Not Disclosed
Queens, NY
$1,600,000
Queens County, NY
$1,550,000
Available Nationwide
$50,000
For those in the market to buy or sell a service business in New York, 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 New York service businesses.
Market Overview
Number of Businesses Analyzed |
284 |
Median Asking Price |
$482,500 |
Median Reported Revenue |
$533,398 |
Median Reported Earnings |
$181,263 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New York Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.57 |
2.00 |
Median |
0.95 |
3.02 |
Upper Quartile |
1.49 |
4.20 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Metrics & Financial Benchmarks
FAQs
How much does it cost to buy a service business in New York?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in New York is approximately $482,500.
How much do service business owners earn?
These businesses vary in sales volume, but New York service business owners report median annual sales of $533,398 and annual owner earnings of $181,263. 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 in New York range from 0.57 to 1.49, with the median at 0.95. Earnings multiples range from 2.00 to 4.20, with the median at 3.02. These values indicate that a typical service business in New York may sell for around 0.95 times its annual revenue, and 3.02 times its annual owner’s earnings.
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