Long Island City, NY
$278,000
Long Island City, NY
$278,000
Staten Island, NY
$1,300,000
Suffolk County, NY
$299,000
Kings County, NY
$141,668
New York, NY
$3,500,000
REAL ESTATE INCLUDED
Staten Island, NY
$950,000
Yonkers, NY
$999,999
REAL ESTATE INCLUDED
Suffolk County, NY
$6,000,000
Westchester County, NY
$449,000
New York, NY
$40,000
Available in New York
$60,000
Onondaga County, NY
$2,200,000
Staten Island, NY
$30,000
$20,000
Massapequa Park, NY
Suffolk County, NY
$350,000
Queens, NY
$285,000
Thomas Manglaviti
MC Business Advisors
Serving Suffolk County, NY
MC Business Advisors is a trusted and established leader in facilitating the buying and selling of small to mid-sized businesses. We offer a comprehensive suite of services, including business sales, acquisitions, detailed valuations, exit strategy planning, and buyer representation. With a team of over 800 dedicated business advisors and key principals boasting more than 50 years of combined experience, we bring unparalleled expertise to every transaction. Our commitment to professionalism, discretion, and personalized service ensures that clients receive expert guidance through every step of the process. Our deep industry knowledge allows us to develop customized strategies that align with our clients' unique goals, consistently driving exceptional results. We are proud to have an impressive track record, with our total deal volume exceeding $500 million. Partner with MC Business Advisors for a seamless and successful business transaction experience.
Woodside, NY
$5,750,000
Bronx, NY
$999,999
New York County, NY
$1,400,000
Westchester County, NY
$1,100,000
Nassau County, NY
$165,000
Available Nationwide
$30,000
Kings County, NY
$489,000
Queens County, NY
$149,000
$5,000
Baldwin, NY
Kings County, NY
$169,000
Richmond County, NY
$109,000
Queens County, NY
$165,000
Queens, NY
$600,000
Roessleville, NY
$1,200,000
Suffolk County, NY
$1,000,000
Kings County, NY
$200,000
Available Nationwide
$250,000
Rockland County, NY
$300,000
Bronx, NY
$1,400,000
$349,000
New York, NY
REAL ESTATE INCLUDED
New York, NY
$18,200,000
Westchester County, NY
$295,000
Available Nationwide
$65,000
New York County, NY
$895,000
New York
$675,000
Brooklyn, NY
$125,000
New York
$4,180,000
Rensselaer County, NY
$305,000
Mike Barry
Pyramid Brokerage
Serving Seneca County, NY
Founded in 1971, Pyramid Brokerage has grown into the largest full-service commercial real estate firm in Upstate New York. Our mission has always been to be a superior supplier of real estate services and information with an absolute commitment to ethics, integrity, and quality in serving our clients. With over 100 agents in 10 offices and as a Cushman & Wakefield Alliance member, we’re ready to serve your local, regional, or national commercial real estate needs. Find out what Pyramid Brokerage can do for you by contacting one of our local offices. Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. Cushman & Wakefield’s integrity, values, services, and client focus have long exemplified the best of what the commercial real estate industry has to offer. The Cushman & Wakefield Alliance is a fully integrated extension of the Cushman & Wakefield global platform. It consists of specially selected independent firms that provide clients with extended geographic reach through elite commercial real estate professionals and high-quality, comprehensive services. Pyramid Brokerage Company is proud to be a member of this Alliance for all markets in upstate New York. Operating as a unified team, Cushman & Wakefield and the Alliance firms integrate the strength of local talent, relationships, and market intelligence with the full capacity of Cushman & Wakefield‘s resources and platform. For more information, visit their website at cushmanwakefield.com.
Suffolk County, NY
$150,000
Queens County, NY
$1,150,000
$1,750,000
Queens County, NY
Nassau County, NY
$900,000
Suffern, NY
$200,000
Available Nationwide
$50,000
New City, NY
$400,000
Kings County, NY
$225,000
Suffolk County, NY
$195,000
Nassau County, NY
$299,000
New City, NY
$100,000
Kings County, NY
$399,000
New York
$2,250,000
Suffolk County, NY
$550,000
Monroe County, NY
$125,000
Available in New York
$30,000
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.
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