Kings County, NY
$110,000
Kings County, NY
$110,000
North White Plains, NY
$160,000
Monroe County, NY
$150,000
New York
$349,000
Richmond County, NY
$1,100,000
Westchester County, NY
$249,900
Suffolk County, NY
$179,000
Bedford Hills, NY
$359,000
Chicago, NY
$699,900
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
Paul Visokey
Stony Hill Advisors
Serving Queens County, NY
Why Stony Hill? The team at Stony Hill Advisors delivers unparalleled business transaction experience whether you are buying or selling a small business. We focus on selling companies in New Jersey, Delaware, and Pennsylvania. We employ an in-depth consultative approach to understand your business exit strategy, financial goals, and retirement objectives. The Stony Hill Business Broker truly does help his clients have a remarkable experience. These include: Business Scope 360°™ Consultative Session Before we partner with our clients, Stony Hill Business Brokers completes a panoramic, comprehensive, and consultative review of our clients' business goals and personal needs; we ask the tough questions so we can provide the best recommendations for a better and more profitable experience. We are committed to the success of each one of our clients and offer a personalized approach few can match. Business Parallels™ Matching System Of course, you want to buy or sell a small business, but you also want to make sure the fit is right. At Stony Hill Business Brokers, we find the right match for our clients who are buying or selling a small business to ensure a smoother, easier, and more compatible transaction. By profiling our clients' businesses through our Business Parallels program, we create a database of both buyers and sellers who can be identified as the right partner. RealValue™ Pricing System Sure, it's about the price, but it's also about value! At Stony Hill Advisors, we know how to set a realistic price that is built around an in-depth valuation process. By identifying key variables that can affect a business' selling price and overall value, we'll make sure the price is fair, competitive, and lucrative to potential buyers. Foundations™ Business Sale Planning You may not be quite ready to sell your business; we understand that. Stony Hill Advisors has developed a unique approach to help. We will establish milestones outlining the recommended "critical path" to help you reach the goal of getting you the right selling price at that right time. Pro-Step™ Business Transition Planning Services Stony Hill Advisors understands the sensitive nature of a business sale, and that sometimes information about the transaction needs to be kept confidential or communicated in phases to employees, outside contacts and others. Our exclusive Pro-Step Business Transition Planning Services provide a detailed plan-of-action to gradually unroll your business exit strategy plans at the right time and to the right people. Due Diligence Documentation Buyer beware! No truer words were ever spoken. Stony Hill Business Advisors realizes buying a business is one of the toughest decisions you'll ever make. You need to feel completely confident in the history of the business, the books, creditors, debtors and more. Our Due Diligence Documentation program works to uncover what's behind the sale to make sure you know all the facts - good and not-so-good. Uni-Lend™ Centralized Database Stony Hill Advisors has built strong relationships with reputable lenders all over the region and we pass along the benefits of this to our clients. We'll search our database to find a set of lender recommendations that best meet your criteria and needs. The Entrepreneurs Advantage™ At Stony Hill Advisors, our business is managed and run by entrepreneurs. Who better understands the intricacies and nuances so critical to any business sale or purchase? Our experience, understanding, knowledge and real-world views help make your experience with Stony Hill Business Advisors remarkable in every way.
REAL ESTATE INCLUDED
New York
$2,150,000
Bellmore, NY
$300,000
Queens, NY
$899,999
Suffolk County, NY
$250,000
Available Nationwide
$50,000
Staten Island, NY
$59,999
Nassau County, NY
$1,999,999
Staten Island, NY
$475,000
Queens, NY
$2,500,000
Nassau County, NY
$2,300,000
Onondaga County, NY
$90,000
Rochester, NY
$150,000
Nassau County, NY
$115,000
Queens County, NY
$179,000
Available in New York
$35,000
New York
$1,800,000
New York
$7,500,000
Suffolk County, NY
$239,000
Westchester County, NY
$525,000
Available in New York
$75,000
Schenectady County, NY
$375,000
Suffolk County, NY
$695,000
Kings County, NY
$350,000
Bronx, NY
$399,000
Bronx, NY
$330,000
Suffolk County, NY
$4,000,000
New York County, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Alana Crumbley
Berkshire Hathaway HomeServices
Serving Niagara County, NY
The Berkshire Hathaway HomeServices Vino Advisory Team comprises an exclusive group of real estate professionals with an unparalleled portfolio of magnificent wineries around the globe. Our winery specialists provide white glove service for those selling or seeking wineries. Powered by a luxury brand whose ethos is founded on integrity, excellence and longevity, Berkshire Hathaway HomeServices Vino Advisory Team pair invaluable knowledge with exclusive access to advanced tools and vast global connections. VAT reaches from Coast to Coast in the US + globally; including countries such as Spain, Portugal, Italy, Greece, UK, and Dubai.
Suffolk County, NY
$500,000
Available in New York
$50,000
Oneida County, NY
$785,000
New York
$319,200
Brooklyn, NY
$250,000
Ozone Park, NY
$750,000
Staten Island, NY
$150,000
REAL ESTATE INCLUDED
New York
$7,000,000
Brooklyn, NY
$250,000
Brooklyn, NY
$299,000
New York
$1,650,000
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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