Brooklyn, NY
$600,000
Brooklyn, NY
$600,000
Cleveland, NY
$268,900
Wappingers Falls, NY
$295,000
Nassau County, NY
$329,999
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
Available in New York
$60,000
Nanuet, NY
$125,000
Bronx County, NY
$1,471,800
Manhattan, NY
$9,999,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Bronx County, NY
$165,000
Available in New York
$175,000
Suffolk County, NY
$450,000
Buffalo, NY
$1
Manhattan, NY
$100,000
Hempstead, NY
$189,000
Blue Point, NY
$458,000
Suffolk County, NY
$180,000
Kings County, NY
$1,200,000
New York, NY
$59,998
Buffalo, NY
$180,000
Available Nationwide
$75,000
Bronx County, NY
$2,999,999
Warwick, NY
$5,100,000
East Northport, NY
Niagara County, NY
Available in New York
$100,000
Suffolk County, NY
$1,300,000
Erie County, NY
$2,900,000
Staten Island, NY
Bronx, NY
$2,200,000
Pleasant Valley, NY
Pleasant Valley, NY
Queens, NY
$1,600,000
Queens County, NY
$1,550,000
Stuart Levy
AMD Business Brokers
Serving Monroe County, NY
AMD Business Brokers operates as a business intermediary, acting as agents for Buyers and Sellers of businesses in Rochester, Buffalo, Syracuse and their surrounding counties. Since 1983, AMD has brokered hundreds of business transactions, ranging from small leases to multi-million dollar transfers. AMD Business Brokers has, since 2012, sold 313 businesses at a total value of $50,849,049. Stephen DiPaolo, and Stuart Levy are Licensed Real Estate Sales Persons. The firm takes advantage of proven marketing systems that include targeted database marketing, direct mail, print advertising, MLS and the Internet. We work with the seller to develop a customized marketing plan that can be conducted in confidence or marketed using more traditional means. Commercial real estate services are available through a “sister company”, AMD Commercial Realty. Paul Seeger is the Licensed Real Estate Broker. Stephen DiPaolo, Stuart Levy, Paul Seeger, Dave Enos, Jim Manno, and Buraq Amin, have been independent business owners and/or managers and have personally experienced the purchase and start-up of several businesses. They are skilled negotiators in direct sales of small and medium-size retail, service and manufacturing businesses.
Brooklyn, NY
$599,000
Available in New York
$75,000
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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