Suffolk County, NY
$1,400,000
Suffolk County, NY
$1,400,000
Nassau County, NY
$175,000
Woodside, NY
$160,000
Nassau County, NY
$249,000
Queens County, NY
$399,000
Nassau County, NY
$150,000
Levittown, NY
$250,000
Brooklyn, NY
$375,000
New York, NY
$650,000
Saratoga County, NY
$250,000
Available Nationwide
$125,000
Brooklyn, NY
$350,000
Brooklyn, NY
$100,000
$40,000
New York, NY
Brooklyn, NY
$370,000
Johnson City, NY
$895,999
East Coast Business Brokers LLC
East Coast Business Brokers
Serving New York County, NY
631-271-1731
Brooklyn, NY
$1,320,000
White Plains, NY
$149,000
Quogue, NY
$299,000
Tonawanda, NY
$15,000
Potsdam, NY
$426,000
Available in New York
$150,000
Albany, NY
$295,000
Merrick, NY
$130,000
New York County, NY
$1,450,000
Suffolk County, NY
$149,900
Jamaica, NY
$455,000
New York County, NY
$100,000
Putnam County, NY
$450,000
Nassau County, NY
$2,100,000
Astoria, NY
$175,000
Available Nationwide
$350,000
New York, NY
$949,000
Jamaica, NY
$1,750,000
New York
$1,350,000
Erie County, NY
$225,000
Available in New York
$65,000
Nassau County, NY
$1,250,000
Brooklyn, NY
$245,000
Rochester, NY
$375,000
Jackson Heights, NY
$299,000
Brooklyn, NY
$1,599,000
Brian Elkin
Elkin & Lee Realty & Business Advisors
Serving New York County, NY
Elkin & Lee Business and Realty Advisors is a boutique agency concentrating on businesses ranging in sales from $500,000 to $20 million. The company has extensive business relationships with small business owners, entrepreneurs, investors, developers, business and real estate brokers throughout the Tri-State area. Our listings on BROKERWORKS/BIZBUYSELL represent only a small selection of our excellent and exclusive business opportunities in many different industries and cater to buyers with all levels of available funds. All listings are supported with financial information that is fully verifiable. We currently represent over 100 businesses that offer an excellent return on investment for qualified buyers. This inventory is coupled with our excellent banking connections allowing us to help facilitate SBA Loans for qualified buyers. We handle all your paperwork. Elkin & Lee Business and Realty Advisors proudly represents both buyers and sellers, who put their trust in us to best represent their business and interests. Call or email us today to find a business for you or to discuss selling your business. Elkin & Lee Business and Realty Advisors, we work to help you secure your future.
Queens, NY
$515,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
Suffolk County, NY
$35,000
Available Nationwide
$50,000
Brooklyn, NY
$100,000
REAL ESTATE INCLUDED
Oneida County, NY
$750,000
New York County, NY
$850,000
New York County, NY
$650,000
Syosset, NY
$399,900
New York
$150,000
Rochester, NY
$165,000
Westchester County, NY
$350,000
Suffolk County, NY
$250,000
Available in New York
$150,000
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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