REAL ESTATE INCLUDED
Louisville, KY

REAL ESTATE INCLUDED
Louisville, KY

Louisville, KY

Louisville, KY

Kentucky
Kentucky
Lexington, KY
Louisville, KY
Louisville, KY
REAL ESTATE INCLUDED
Louisville, KY
Kentucky
Available Nationwide
Shepherdsville, KY
REAL ESTATE INCLUDED
Kentucky
$91,000
Calloway County, KY
Lexington, KY
Louisville, KY
OTIS R. FLORENCE
BUSINESS BROKERS & CONSULTANTS, INC
Serving Jefferson County, KY
Business Brokers & Consultants is headquartered in Louisville, Kentucky. Over the past 28+ years, our Principals have successfully facilitated hundreds of acquisitions. Our Firm does not charge any up-front fees. Instead, we earn a success fee only when the right buyer purchases the right business. This insures that it's always in our best interest to work toward the best interest of our clients! Hard work and experience have led us to be recognized as the Best Business Broker in Louisville, KY by BusinessRate. That ranking is based on objective client reviews from both buyer and seller clients. We are highly selective in the Listings we choose to represent, since our goal is to provide each and every client with the utmost professionalism, and insure that they time and attention they rightfully deserve. BB&C offers Sellers exceptional brokerage and consulting services. Our staff of experienced and Accredited Intermediaries, Consultants, Legal and Accounting Advisors will meet with you to review your company’s financial condition and help you understand current market trends. They will give you the straight facts about the viability of your business in today’s market. If you choose BB&C to represent you, your business will benefit from our highly refined and confidential marketing process. Our strategies have been tested and proven effective over the past twenty years. We welcome buyer clients, as well. Our goal is to help you find the ideal business to suit your lifestyle, expertise and financial requirements. We can also help you secure the financing you’ll need to make your dream of business ownership a reality. Our Intermediaries go above and beyond to insure that your transition into business ownership is a smooth and rewarding experience. Our success is based on a distinctive approach to analyzing and marketing each individual business. We work hard to create intelligent acquisitions- Ones that benefit buyer and seller alike.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 46 |
| Asking Price | $424,500 |
| Reported Revenue | $676,376 |
| Reported Seller's Discretionary Earnings | $216,338 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $251,250 | $424,500 | $911,250 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Kentucky.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $502,491 | $164,238 |
| Median | $676,376 | $216,338 |
| Upper Quartile | $1,150,024 | $325,853 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale in Kentucky.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.32 | 1.08 |
| Median | 0.70 | 2.19 |
| Upper Quartile | 0.99 | 3.43 |
FAQ's
How much does it cost to buy a Service Business in Kentucky?
The median asking price for an established Service Business in Kentucky is $424,500, though prices range from under $251,250 to well over $911,250.
How much do Service Businesses owners in Kentucky earn?
The median reported revenue of Service Businesses in Kentucky is $676,376 and owners earn a median of $216,338, which includes the owners salary and any other financial benefits they receive.
How do I value a Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses in Kentucky, revenue multiples range from 0.32 to 0.99, with a median of 0.70. Earning multiples range from 1.08 to 3.43, with the median at 2.19. This means the typical Service Business in Kentucky may ask for around 0.70 times its annual revenue, and 2.19 times its annual owner earnings.
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