Brooklyn, NY
$3,000,000

Brooklyn, NY
$3,000,000

New York
$289,000

Suffolk County, NY
$185,000

West Henrietta, NY
$914,000
Buffalo, NY
$1,679,000
Suffolk County, NY
$12,500,000
Deer Park, NY
$440,000
Farmingdale, NY
$550,000
Nassau County, NY
$2,499,999
Bronx, NY
Not Disclosed
Cash Flow: $1,000,000
Available Nationwide
$75,000
East Meadow, NY
$2,499,999
Huntington Station, NY
$1,900,000
$513,000
New York, NY
Lindenhurst, NY
$299,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
East Coast Business Brokers LLC
East Coast Business Brokers
Serving New York County, NY
631-271-1731
Plainview, NY
$3,700,000
Suffolk County, NY
$299,000
Suffolk County, NY
$350,000
Astoria, NY
$195,000
Corona, NY
$75,000
Available Nationwide
$50,000
Greene County, NY
$650,000
Suffolk County, NY
$1,000,000
$20,000
Massapequa Park, NY
Kings County, NY
$200,000
Rockland County, NY
$99,000
Nassau County, NY
$165,000
Kings County, NY
$489,000
Queens County, NY
$149,000
New York County, NY
$1,400,000
Kings County, NY
$169,000
Available in New York
$110,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
$5,000
Baldwin, NY
Rockland County, NY
$975,000
Syracuse, NY
$500,000
Available in New York
$50,000
Long Beach, NY
$365,000
Bronx, NY
$1,250,000
Westchester County, NY
$150,000
New Windsor, NY
$300,000
Suffolk County, NY
$975,000
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.
Westchester County, NY
$329,000
Suffolk County, NY
$389,000
$18,000
Richmond County, NY
Forest Hills, NY
$110,000
Suffolk County, NY
$890,000
Available in New York
$75,000
East Moriches, NY
$975,000
Westchester County, NY
$115,000
Nassau County, NY
$169,000
Bay Shore, NY
$1,300,000
REAL ESTATE INCLUDED
Buffalo, NY
$4,500,000
College Point, NY
$255,000
REAL ESTATE INCLUDED
Buffalo, NY
$2,500,000
Monroe County, NY
$400,000
Nassau County, NY
$299,000
Available in New York
$150,000
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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