Brentwood, NY
$110,000
Brentwood, NY
$110,000
West Sand Lake, NY
$137,000
Staten Island, NY
$450,000
Nassau County, NY
$599,000
Brooklyn, NY
$375,000
Queens, NY
$240,000
Brooklyn, NY
$319,000
New York
$225,000
Orange County, NY
$425,000
Nassau County, NY
$400,000
Available Nationwide
$50,000
Cheektowaga, NY
$1,679,000
West Henrietta, NY
$914,000
$1,250,000
New York
Flushing, NY
$495,000
Canandaigua, NY
$400,000
Ebony Santoyo
OffDeal
Serving New York County, NY
Suffolk County, NY
$650,000
Nassau County, NY
$205,000
White Plains, NY
$435,000
Suffolk County, NY
$250,000
Suffolk County, NY
$425,000
Available Nationwide
$80,000
Nassau County, NY
$717,000
New York
$1,750,000
$79,000
New York, NY
Kings County, NY
$475,000
Suffolk County, NY
$190,000
Suffolk County, NY
$269,000
Westchester County, NY
$275,000
Staten Island, NY
$980,000
Suffolk County, NY
$1,250,000
REAL ESTATE INCLUDED
New York
$7,500,000
Available Nationwide
$45,000
Orange County, NY
$795,000
Nassau County, NY
$1,799,000
$150,000
New York
Astoria, NY
$155,000
Suffolk County, NY
$999,000
Available Nationwide
$100,000
Kings County, NY
$3,000,000
Manhattan, NY
$975,000
East Meadow, NY
$375,000
Brooklyn, NY
$825,000
Great Neck, NY
$395,000
Mark Travis
Skylight Intermediaries, LLC.
Serving Onondaga County, NY
Skylight Intermediaries is a Lower Middle Market Merger & Acquisitions Advisory company. We also have a Business Brokerage division with exceptional expertise in restaurant consulting and business exit. Utilizing three brokers and an administrative staff, we cover all of NY state, Pennsylvania and Ohio. We employ the newest methods of buyer acquisition along with old fashion, in-person hand holding through the entire sale process. From pre-qualification and business prep, all the way to the closing table and beyond, we give your business the attention it deserves at a competitive rate. Offices in Syracuse and Buffalo. Coming soon to Rochester.
Westchester, NY
$395,000
Nassau County, NY
$650,000
$600,000
Schenectady County, NY
New York County, NY
$200,000
Nassau County, NY
$500,000
Available Nationwide
$75,000
Suffolk County, NY
$1,000,000
New York
$3,760,000
REAL ESTATE INCLUDED
New York
$6,375,000
New York
$4,200,000
Queens, NY
$5,618,000
Suffolk County, NY
$599,000
Schenectady County, NY
$75,000
New York County, NY
$5,000,000
Brooklyn, NY
$375,000
Available in New York
$100,000
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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