Bronx, NY
$1,400,000
Bronx, NY
$1,400,000
REAL ESTATE INCLUDED
New York, NY
$18,200,000
Westchester County, NY
$295,000
New York County, NY
$895,000
New York
$675,000
Brooklyn, NY
$125,000
New York
$4,180,000
Rensselaer County, NY
$305,000
Suffolk County, NY
$150,000
Queens County, NY
$1,150,000
Available Nationwide
$50,000
Nassau County, NY
$900,000
Suffern, NY
$200,000
$495,000
Oneonta, NY
New City, NY
$400,000
Kings County, NY
$225,000
Karen Muller
Cannabis Business Brokers, Inc
Serving New York County, NY
Cannabis Business Brokers, Inc. was founded to bring a great depth of experience and professionalism to an industry that is rapidly expanding but experiencing growing pains. We have over 50 years combined experience in sales and purchases of businesses, including the liquor, pharmaceutical and restaurant industries. Our goal is to bring excellence to the sales process by a careful focus on due diligence of the business, so that sellers and buyers have access to the information and documentation that is standard in other industries.
Suffolk County, NY
$195,000
Nassau County, NY
$299,000
New City, NY
$100,000
Kings County, NY
$399,000
New York
$2,250,000
Available Nationwide
$350,000
Suffolk County, NY
$550,000
Monroe County, NY
$125,000
$775,000
Syracuse, NY
Nassau County, NY
$250,000
Brooklyn, NY
$180,005
Ulster County, NY
$178,500
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
New York County, NY
$750,000
Nassau County, NY
$49,000
Available Nationwide
$150,000
Brooklyn, NY
$169,000
Kings County, NY
$620,000
$20,000
Massapequa Park, NY
New York County, NY
$799,000
Suffolk County, NY
$185,000
Available Nationwide
$50,000
New York
$1,200,000
Suffolk County, NY
$185,000
New York
$1,375,000
Bayside, NY
$205,000
Staten Island, NY
$33,000
Simon Kim
RE/MAX NOW
Serving New York County, NY
Staten Island, NY
$34,500
Richmond County, NY
$1,750,000
Queens County, NY
Suffolk County, NY
$440,000
Suffolk County, NY
$300,000
Available Nationwide
$100,000
Brooklyn, NY
$200,000
Suffolk County, NY
$1,600,000
Putnam County, NY
$675,000
Farmingdale, NY
$550,000
East Hampton, NY
$2,000,000
New York
$2,990,000
Putnam County, NY
$780,000
Nassau County, NY
$270,000
Bellmore, NY
$137,000
Available in New York
$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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