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Murphy Business is one of the largest and most successful business brokerage firms in the country with business brokers conveniently located throughout the United States and Canada. The South Tampa, Florida (FL) office provides beneficial connections in Tampa, Brandon, Riverview, Apollo Beach, and throughout Hillsborough County. Choosing to partner with a national business broker provides an advantageous reach of over one hundred offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations.
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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 376 | 21,479 |
| Asking Price | $349,950 | - |
| Reported Revenue | $497,413 | $385,975 |
| Reported Seller's Discretionary Earnings | $123,609 | $30,878 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $165,000 | $349,950 | $700,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Spas for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $266,236 | $69,854 |
| Median | $497,413 | $123,609 |
| Upper Quartile | $1,000,000 | $269,573 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Spas listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.46 | 1.86 |
| Median | 0.69 | 2.59 |
| Upper Quartile | 1.02 | 3.35 |
FAQ's
How much does it cost to buy a Spa?
The median asking price for an established Spa is $349,950, though prices range from under $165,000 to well over $700,000.
How much do Spas owners earn?
The median reported revenue of Spas is $497,413 and owners earn a median of $123,609, which includes the owners salary and any other financial benefits they receive.
How do I value a Spa?
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 Spas, revenue multiples range from 0.46 to 1.02, with a median of 0.69. Earning multiples range from 1.86 to 3.35, with the median at 2.59. This means the typical Spa may ask for around 0.69 times its annual revenue, and 2.59 times its annual owner earnings.
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