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Service Established Businesses For Sale

REAL ESTATE INCLUDED

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Haik Bokhchalian
JohnHart Commercial
Serving Los Angeles County, CA
JohnHart has established a reputation for excellence in customer service, innovative technology, and comprehensive market insights. Mission: Our mission is to empower our clients to achieve their financial goals by offering tailored investment strategies and unparalleled support. We believe in building long-term relationships based on trust, transparency, and mutual success. Wealth Management: Personalized investment strategies and portfolio management services designed to grow and protect wealth. Research and Insights: In-depth market analysis and research reports that equip our clients with the information they need to make informed decisions. Educational Resources: A commitment to client education through workshops, webinars, and one-on-one consultations. Technology: Our cutting-edge trading platform combines user-friendly design with powerful analytical tools, ensuring that our clients have access to the resources they need to navigate today’s complex financial markets. We continuously invest in technology to enhance user experience and improve transaction efficiency. Community Engagement: We believe in giving back to the community. Through various philanthropic initiatives and partnerships, we support local organizations and strive to make a positive impact on society.
Elgin, SC
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 4,984 |
| Asking Price | $353,975 |
| Reported Revenue | $663,875 |
| Reported Seller's Discretionary Earnings | $174,270 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $189,900 | $353,975 | $890,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $330,352 | $99,000 |
| Median | $663,875 | $174,270 |
| Upper Quartile | $1,408,701 | $314,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.58 |
| Median | 0.72 | 2.55 |
| Upper Quartile | 1.10 | 3.62 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $353,975, though prices range from under $189,900 to well over $890,750.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $663,875 and owners earn a median of $174,270, 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, revenue multiples range from 0.41 to 1.10, with a median of 0.72. Earning multiples range from 1.58 to 3.62, with the median at 2.55. This means the typical Service Business may ask for around 0.72 times its annual revenue, and 2.55 times its annual owner earnings.
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