Greene County, MO
$250,000
Greene County, MO
$250,000
Columbus, OH
$75,000
Boynton Beach, FL
$69,900
Broward County, FL
$90,000
Dallas, TX
$40,000
Pennsylvania
$40,900
Phoenix, AZ
$50,000
Kissimmee, FL
$60,000
Nashville, TN
$59,000
Pinellas County, FL
$49,900
Sarasota County, FL
$132,000
Georgia
$4,650,000
New York, NY
$59,998
Broward County, FL
Pottawatomie County, OK
$995,000
San Tan Valley, AZ
$40,000
Kevin Call
Kelly & Call Business Brokerage
Serving Coconino County, AZ
Kevin Call is a principal at Kelly & Call commercial, specializing in business and commercial property brokerage across Northern Arizona. With over 30 years of CPA experience, Kevin serves as a strategic advisor to business sellers and buyers, guiding them through the often-complex process of completing successful business sale transactions. He works closely with owners, buyers, attorneys, bankers, CPAs, brokers and other transaction decision makers to help consummate a wide variety of mergers and acquisitions in a number of industries. Kevin also represents business owners, investors, landlords and tenants in the acquisition, disposition and leasing of commercial real estate. Working closely with business owners, Kevin develops exit strategies that allow them to move forward with their lives and/or careers, after having run a successful business. He also works with buyers who are seeking to start down a new path by acquiring a new business. Having owned and operated companies in the retail, restaurant, convenience store and hospitality industries, Kevin understands business from the viewpoint of both the owner and entrepreneur. His operational and ownership experience allows him to advise business owners on how to maximize their company’s value. His lifelong knowledge and experience in the Northern Arizona market have enabled him to work with and sell a wide variety of business types, including hospitality, retail, tourism, restaurants, convenience stores, construction, fueling stations and franchises. .
Sterling Heights, MI
$4,000,000
Buffalo, NY
$180,000
Door County, WI
$1,295,000
Pennsylvania
$300,000
Florida
$52,000
Chino, CA
$195,000
Wake County, NC
$1,900,000
Englewood, CO
$390,000
Bronx County, NY
$2,999,999
Massachusetts
$1,499,000
Kane County, IL
Albemarle County, VA
$1,495,000
Johnsonville, SC
$4,500,000
East Northport, NY
Puerto Lopez And Lentag
$9,000,000
Mount Pleasant, TX
$2,280,000
Summerville, SC
$1,480,500
Cook County, IL
$1,000,000
Lecanto, FL
$849,900
Houghton Lake, MI
$525,000
Sandpoint, ID
$730,000
Ledyard, CT
Woodbridge, VA
$320,000
Hobart, WI
$2,650,000
Belvidere, NJ
$995,000
Bensalem, PA
$749,900
Jacksonville, FL
$899,000
Skagway, AK
$3,950,000
Daniel Lannon RPh
Pharmacy Consulting Broker Services
Serving Washington County, MN
After graduating from the University of Minnesota College of Pharmacy, Dan Lannon became a pharmacy owner at the age of 25. During his career as a pharmacist, Dan started, owned, or operated 11 independent retail pharmacies until selling his last store in 2007. Dan became a licensed business broker in 2008. He has personally sold more than 200 pharmacies all across the United States. Dan is a fully licensed and insured business broker and is the Senior Pharmacy Consultant and Senior Pharmacy Broker for Pharmacy Consulting Broker Services. Dan’s strengths are in his firsthand knowledge of the pharmacy industry, his proven marketing programs, his highly effective negotiating skills, and his great attention to detail. Having been on each side of the negotiating table, both as a pharmacy owner and a pharmacy consultant and broker, Dan has proven to be an invaluable asset when you decide to buy or sell a pharmacy.
California
$7,543,000
Clover, SC
$797,230
Philadelphia, PA
$399,999
Newport, NH
$225,000
Eugene, OR
$4,000,000
Houston, TX
$4,950,000
Acquisitions of service business are on the rise, and it’s easy to see why. Service businesses provide niche professional support to customers and cover a wide range of industries. The benefits of owning a service business include operational flexibility, high profitability, low overhead costs, minimal inventory and supplies, and the possibility of generating multiple revenue streams. One of the primary advantages of buying an existing service business is that it comes with established credibility in the market.
For those in the market to buy or sell a service business, 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 service businesses.
Market Overview
Number of Businesses Analyzed |
5,359 |
Median Asking Price |
$312,338 |
Median Reported Revenue |
$525,724 |
Median Reported Earnings |
$152,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.43 |
1.50 |
Median |
0.72 |
2.43 |
Upper Quartile |
1.08 |
3.44 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
Popular Service Businesses
Some of the most popular categories include:
FAQs
How much does it cost to buy a service business?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in the U.S. is approximately $312,338.
How much do service business owners earn?
These businesses vary in sales volume, but service business owners report median annual sales of $525,724 and annual owner earnings of $152,000. 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 range from 0.43 to 1.08, with the median at 0.72. Earnings multiples range from 1.50 to 3.44, with the median at 2.43. These values indicate that a typical service business may sell for around 0.72 times its annual revenue, and 2.43 times its annual owner’s earnings.
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