Brooklyn, NY
$170,000
Businesses For Sale in Brooklyn, NY
Local Info
Asset SaleTurnkey Supermarket In Brooklyn For Sale
Asset SaleSell
Brooklyn, NY
$60,000
Asset SaleDME with National Insurance Contracts inc. United health C Asset Sale
Brooklyn, NY
$1,500,000
Asset SaleSmoothie Shop For Sale In Brooklyn For Sale
Brooklyn, NY
$150,000
Asset Sale80 Year Brooklyn Pizzeria - Semi-absentee- Seller Finance Available
Brooklyn, NY
$100,000
Asset SaleNew Built Absentee OwnerManagement Laundromat Great Potential for Grow
Kings County, NY
$1,200,000
Asset SaleChef’s Dream – New $275K Build-Out in Brooklyn
Kings County, NY
$249,000
Asset SaleNewly Renovated Turkish Gyro, Excellent Location
Brooklyn, NY
$250,000
Real EstateCelebrity Chefs Restaurant/Bar steps from Barclays Center NO KEY MONEY
Brooklyn, NY
Not Disclosed
Real EstateConoco Gas Station, C-Store & 4 Bay Repair Shop - Property & Business
Kings County, NY
$2,500,000
FranchiseDreamMaker Bath & Kitchen
Available in New York
$200,000
Real EstateLARGE lAUNDROMAT WITH 50W50 of 3,865 S/F / Train Statiion
Brooklyn, NY
$599,000
Buy or Sell a Business in Brooklyn
Brooklyn, NY is the hub of a diverse array of business sectors and industries. From thriving arts and entertainment avenues to dynamic organizations, Brooklyn holds it all. It is also home to innovation in mathematics, science, and technology fields, constantly contributing to their growth and evolution. Moreover, the borough is packed with multiple places of interest, making it a hotspot for tourism and cultural exploration.
Market Snapshot
We gathered and studied data on the sale of business listings in Brooklyn to uncover insights into the diverse businesses in the region. The ever-changing nature of the business sales market consistently shapes data trends. Our goal in sharing this data is to give you a comprehensive understanding of various business sectors, pricing differences, and financial aspects you might come across.
|
Number of Businesses for Sale |
~210 |
|
Median Asking Price |
$550,000 |
|
Median Reported Revenue |
$930,000 |
|
Median Reported Earnings |
$220,000 |
|
Profit Margin |
23% |
|
Earnings Multiple |
2.5 |
|
Revenue Multiple |
0.6 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
How many businesses are for sale in Brooklyn, NY?
On average, around 210 businesses are currently listed for sale in Brooklyn, NY, providing a range of opportunities for potential buyers and sellers in the local market. Note that some listings may be confidential, requiring a thorough search not only within Brooklyn but also across the NYC metro area to uncover additional businesses for sale.
What types of businesses are for sale in Brooklyn?
In Brooklyn prospective buyers can explore a variety of sectors. The most popular types of businesses listed for sale include:
- Restaurants & Food Service: ~50 listings
- Service Businesses: ~50 listings
- Retail Businesses: ~30 listings
- Health Care and Fitness: ~20 listings
- Automotive and Boat: ~20 listings
Additionally, the Brooklyn market also presents opportunities in the Beauty and Personal Care, Wholesale & Distribution, Manufacturing Businesses, Online and Technology, and Building and Construction industries, each with approximately 10 listings available.
What is the average asking price for businesses in Brooklyn?
The median asking price for businesses for sale in Brooklyn is approximately $380,000. This figure is based on businesses that have listed an asking price, showcasing the investment required to acquire a business in this thriving economic environment.
What is the average revenue of these businesses?
Based on the listings, the median reported revenue for these businesses is about $970,000.
What is the average seller discretionary earnings?
The median reported earnings for business sellers in Brooklyn is around $190,000, with a profit margin of approximately 23%.
What are the average valuation multiples in Brooklyn's business sales market?
The average earnings multiple (asking) is at 2.5 times, and the revenue multiple (asking) is at 0.6 times. However, these multiples can vary greatly depending on the industry and financial performance of the business. It's essential to thoroughly research and understand the market and industry dynamics when valuing a business in Brooklyn.
How can Brooklyn business owners sell their own businesses?
Most business owners opt to work with a business broker to facilitate the sale process. However, some business owners choose to list and manage the sale independently, navigating the process on their own.
