Staten Island, NY
$475,000
Staten Island, NY
$475,000
Queens, NY
$2,500,000
Nassau County, NY
$2,300,000
Onondaga County, NY
$90,000
Rochester, NY
$150,000
Nassau County, NY
$115,000
Queens County, NY
$179,000
New York
$1,800,000
New York
$7,500,000
Suffolk County, NY
$239,000
Available Nationwide
$100,000
Westchester County, NY
$525,000
Schenectady County, NY
$375,000
Suffolk County, NY
$695,000
Kings County, NY
$350,000
Ken Stein
The Kensington Company
Serving Nassau County, NY
The Kensington Company is a leading merger and acquisitions firm delivering professionalism, integrity and extensive market experience to every transaction. There are numerous companies in today’s market place that attempt to bring business buyers and sellers together. There are few however, that offer their clients the degree of sophistication, experience and resources of our unique firm. At The Kensington Company we have expanded the traditional business brokerage firm model to offer our clients comprehensive services during their individualized transaction process. We are committed to representing our clients’ best interests throughout the transaction process, while bringing innovative and creative solutions to the multiple complex challenges as we guide our clients toward accomplishing their “right” transaction. Our 20 years of business experience, from start up companies to multi million dollar organizations, allows us to understand our clients concerns and needs. Our goal is to negotiate a "Win-Win" scenario for all involved parties. We offer various services from business valuations, complete memorandum packages, buyer representation, corporate searches, business consultation, and strategic planning. We are committed to helping all our clients achieve their desired business goals and objective. We offer a complete range of professional services focusing on both middle-market and smaller business transactions: -Mergers & Acquisitions -Businesses For Sale -Buy Side Services -Franchise Resales -Franchise Sales -Franchise Development -Consolidations -Business Valuations -Business Consulting
Bronx, NY
$399,000
Bronx, NY
$330,000
Suffolk County, NY
$4,000,000
New York County, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Available in New York
$150,000
Suffolk County, NY
$500,000
Oneida County, NY
$785,000
New York
$319,200
Brooklyn, NY
$250,000
Ozone Park, NY
$750,000
Staten Island, NY
$150,000
REAL ESTATE INCLUDED
New York
$7,000,000
Brooklyn, NY
$250,000
Brooklyn, NY
$299,000
Available in New York
$100,000
New York
$1,650,000
Staten Island, NY
$450,000
Nassau County, NY
$550,000
New York
$2,200,000
Available Nationwide
$50,000
Forest Hls, NY
$659,000
Rosedale, NY
$1,600,000
Nassau County, NY
$520,000
Suffolk County, NY
$1,250,000
New City, NY
$400,000
Simon Kim
RE/MAX NOW
Serving New York County, NY
Brooklyn, NY
$650,000
Suffolk County, NY
$899,000
Brooklyn, NY
$220,000
Hollis Hills, NY
$695,000
Available in New York
$50,000
Batavia, NY
$150,000
Buffalo, NY
$150,000
Bellmore, NY
$450,000
Suffolk County, NY
$300,000
Suffolk County, NY
$899,999
East Islip, NY
$399,000
Astoria, NY
$1,500,000
New York County, NY
$4,999,999
Rochester, NY
$61,900
Available in New York
$50,000
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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