Queens, NY
$524,999
Queens, NY
$524,999
New York
$9,500,000
New York
$1,400,000
Nassau County, NY
$350,000
Buffalo, NY
$234,999
REAL ESTATE INCLUDED
Putnam County, NY
$4,900,000
Queens, NY
$2,500,000
Suffolk County, NY
$230,000
Suffolk County, NY
$375,000
Suffolk County, NY
$175,000
Available Nationwide
$50,000
Tulsa, NY
$404,900
Kings County, NY
$110,000
Monroe County, NY
$150,000
New York
$349,000
Blake Taylor
Synergy Business Brokers
Serving Westchester County, NY
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Richmond County, NY
$1,000,000
Westchester County, NY
$249,900
Suffolk County, NY
$179,000
Bedford Hills, NY
$359,000
Brooklyn, NY
$700,000
Available Nationwide
$50,000
New York
$3,000,000
REAL ESTATE INCLUDED
Rochester, NY
$250,000
Suffolk County, NY
$424,999
Manhattan, NY
$250,000
Freeport, NY
$75,000
REAL ESTATE INCLUDED
New York
$2,150,000
Queens, NY
$899,999
Suffolk County, NY
$250,000
Staten Island, NY
$59,999
Available Nationwide
$40,000
Nassau County, NY
$1,999,999
Staten Island, NY
$475,000
Nassau County, NY
$699,000
Queens, NY
$2,500,000
Available Nationwide
$50,000
Nassau County, NY
$2,300,000
Onondaga County, NY
$90,000
Rochester, NY
$150,000
Nassau County, NY
$115,000
New York
$1,800,000
Michelle Han
Sothebys
Serving New York County, NY
Sotheby’s International Realty offers: • Comprehensive Market Knowledge: In-depth analysis of business trends and market conditions to ensure the best possible outcomes. • Global Reach, Local Expertise: Access to an international network with intimate knowledge of local markets. • Personalized Service: Tailored solutions to meet the unique needs of each client, whether buying or selling. • Unmatched Marketing Power: Strategic marketing initiatives, from traditional advertising to cutting-edge digital campaigns, designed to showcase businesses to qualified buyers. At Sotheby’s International Realty, we are dedicated to making the process of buying or selling a business seamless and successful, helping our clients achieve their financial and professional goals.
New York
$7,500,000
Suffolk County, NY
$239,000
Westchester County, NY
$525,000
Schenectady County, NY
$375,000
Available in New York
$50,000
Suffolk County, NY
$695,000
Kings County, NY
$350,000
Bronx, NY
$399,000
Bronx, NY
$330,000
New York County, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Suffolk County, NY
$500,000
Oneida County, NY
$650,000
Ozone Park, NY
$750,000
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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