New York
$225,000

New York
$225,000
Syosset, NY
$465,000

Lindenhurst, NY
$175,000
Brooklyn, NY
$99,000
New York, NY
$1,500,000
Poughkeepsie, NY
$150,000
Nassau County, NY
$250,000
Nassau County, NY
$129,000
Brooklyn, NY
$3,000,000
Dutchess County, NY
$165,000
Available Nationwide
$75,000
Suffolk County, NY
$150,000
Brooklyn, NY
$220,000
New York
$590,000
Oneida County, NY
$495,000
Westchester County, NY
$850,000
Mary Keller Wynn
The Wynn Group
Serving Monroe County, NY
The Wynn Group is the leading business broker in Western Washington. Recognized in 2023 on the the annual listing of 10 companies that are at the forefront of providing Business Brokerage Solutions and impacting the marketplace(https://www.businessmanagementreview.com/the-wynn-group) by business management review. It is an honor to be recognized as a company making a difference. We take pride in what we do and how we get to the end result. It is important that the client feels like it was a total win for them when they close the transaction, whether they were the seller or buyer. The buyer coming in might have the same dreams that a seller moving on has had and that is what helps to create this unique bond.
Tonawanda, NY
$299,000
Suffolk County, NY
$109,000
Brooklyn, NY
$600,000
Cleveland, NY
$268,900
Available in New York
$100,000
Wappingers Falls, NY
$295,000
Westchester County, NY
$600,000
New York County, NY
$4,500,000
Rego Park, NY
$109,222
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
Rockland County, NY
$89,500
Manhattan, NY
$9,999,000
Available in New York
$50,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Available Nationwide
$75,000
Bronx County, NY
$165,000
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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