Suffolk County, NY
$185,000
Suffolk County, NY
$185,000
New York
$1,375,000
Bayside, NY
$205,000
Staten Island, NY
$33,000
Staten Island, NY
$34,500
Richmond County, NY
Not Disclosed
EBITDA: $980,000
Suffolk County, NY
$440,000
Suffolk County, NY
$300,000
Brooklyn, NY
$200,000
Suffolk County, NY
$1,600,000
Available in New York
$50,000
Putnam County, NY
$675,000
Farmingdale, NY
$550,000
$40,000
New York, NY
East Hampton, NY
$2,000,000
New York
$2,990,000
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
Nassau County, NY
$270,000
Bellmore, NY
$137,000
Albany County, NY
$255,000
Westbury, NY
$370,000
New York, NY
$7,500,000
Available in New York
$100,000
Depew, NY
$29,000
Buffalo, NY
$49,500
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Nassau County, NY
$430,000
East Moriches, NY
$1,200,000
Hudson, NY
$305,000
Bronx, NY
$1,450,000
Ossining, NY
$275,000
Fresh Meadows, NY
$135,000
Available in New York
$35,000
New York
$5,000,000
Suffolk County, NY
$2,700,000
New York
Not Disclosed
EBITDA: $247,000
Suffolk County, NY
$299,000
Available in New York
$175,000
Syracuse, NY
$299,900
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Tonawanda, NY
$60,000
Nassau County, NY
$175,000
Daniel Puciato
Atlantic Business Brokerage, Inc.
Serving New York County, NY
Tompkins County, NY
$850,000
Woodside, NY
$160,000
Nassau County, NY
$249,000
Queens County, NY
$399,000
Available in New York
$75,000
Nassau County, NY
$150,000
Levittown, NY
$250,000
Brooklyn, NY
$375,000
New York, NY
$650,000
Saratoga County, NY
$250,000
Brooklyn, NY
$350,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Johnson City, NY
$895,999
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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