Kennesaw, GA
$299,000

Kennesaw, GA
$299,000

Macomb County, MI
$139,000

Portsmouth, VA
$100,000

Harris County, TX
$350,000
Texas
$300,000
Mesa, AZ
$78,000
Hilton Head, SC
$90,000
Baton Rouge, LA
$300,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Essex County, MA
$550,000
Charlotte, NC
$175,000
Sebastian, FL
$49,000
Bronx County, NY
$165,000
Eric Marchand
MARCHAND REALTY LLC
Serving Broward County, FL
Atlanta, GA
$180,000
Austin, TX
$150,000
Los Angeles, CA
$199,000
Houston, TX
$75,000
Macomb County, MI
$4,800,000
Brooklyn, NY
$275,000
Lee County, FL
$79,000
San Bernardino County, CA
$2,000,000
Charlotte, NC
$149,000
Indianapolis, IN
$10,800
Avon, OH
$28,000
Queens, NY
$1,388,888
California
$600,000
Palmetto, FL
$57,777
Rio Rancho, NM
$85,000
Cedar Rapids, IA
$35,000
Nassau County, NY
$169,999
Washington, DC
$375,000
La Crescenta-Montrose, CA
$25,000
Jacksonville, FL
$980,000
Port Saint Lucie, FL
$74,900
Weber County, UT
$275,000
Gibsonton, FL
$12,500
Irvine, CA
$525,000
Washington County, UT
$350,000
Hyattsville, MD
$17,000,000
Maui County, HI
$350,000
Queens, NY
$135,000
Jun Li
HMI Business Services
Serving Johnson County, KS
HMI Business Services helps lower middle market businesses and main street businesses alike to achieve their goals by connecting owners with the right investors and entrepreneurs for successful mergers and acquisitions, ensuring high values and successful deals.
San Antonio, TX
$75,000
Virginia
$70,000
Austin, TX
$550,000
Aurora, CO
$400,000
Hillsborough County, NH
Not Disclosed
Christian County, KY
$365,000
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.
More for Business Buyers:
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More for Business Sellers: