Brooklyn, NY
$698,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
Nanuet, NY
$125,000
Bronx County, NY
$1,471,800
Manhattan, NY
$9,999,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
New York, NY
$20,000,000
Bronx, NY
$2,200,000
Available Nationwide
$150,000
Bronx County, NY
$165,000
Suffolk County, NY
$699,999
Depew, NY
Manhattan, NY
$100,000
Hempstead, NY
$189,000
Larry Bono
Lawrence Associates
Serving Queens County, NY
Lawrence Associates is a route brokerage specializing in mergers and acquisitions for FedEx Ground businesses. Our exclusive focus on this industry niche allows us to ensure transparency, fairness, and a smooth transaction for our buyers and sellers. We represent both buyers and sellers and work with you through every step of the process, including diligence, FedEx approvals, and transition.
Blue Point, NY
$458,000
Suffolk County, NY
$180,000
Kings County, NY
$1,200,000
New York, NY
$59,998
Available in New York
$75,000
Buffalo, NY
$180,000
Bronx County, NY
$2,999,999
East Northport, NY
Niagara County, NY
Suffolk County, NY
$1,300,000
Erie County, NY
$2,900,000
Staten Island, NY
Bronx, NY
$2,200,000
Pleasant Valley, NY
Available Nationwide
$400,000
Pleasant Valley, NY
Queens, NY
$1,600,000
East Hampton, NY
Queens County, NY
$1,550,000
Available Nationwide
$50,000
Brooklyn, NY
$599,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: