Nanuet, NY
$125,000
Nanuet, NY
$125,000
REAL ESTATE INCLUDED
New York
$2,500,000
Westchester, NY
$445,000
REAL ESTATE INCLUDED
Corning, NY
$115,000
Williston Park, NY
$8,000,000
Rochester, NY
$375,000
Suffolk County, NY
$650,000
Queens, NY
$100,000
Suffolk County, NY
$599,900
Brooklyn, NY
$2,100,000
Available Nationwide
$75,000
Queens, NY
$524,999
New York
$9,500,000
New York
$1,400,000
Nassau County, NY
$350,000
Buffalo, NY
$234,999
Todd Smith
Corbett Restaurant Group
Serving Suffolk County, NY
Corbett Restaurant Group is a leading commercial real estate firm with offices in Boston, New York, Florida, and California, that specializes in the sale and leasing of restaurants. Our experience and expertise make us an invaluable partner to have when buying or selling a restaurant on any level. Corbett Restaurant Group is a professional organization whose top priority is client service; we are firmly committed to confidentiality, integrity and excellence. Selling or buying a business is a major decision; you want the very best professional guidance available. Corbett Restaurant Group has dedicated itself to understanding the restaurant business and has discovered what it takes to bring buyers and sellers together within this industry. We drive each and every transaction through to an orderly close. As a trusted advisor, we provide the information and tools necessary for our clients to make the best decisions.
REAL ESTATE INCLUDED
Putnam County, NY
$4,900,000
Queens, NY
$2,500,000
Suffolk County, NY
$230,000
Suffolk County, NY
$375,000
Available Nationwide
$30,000
Suffolk County, NY
$175,000
Tulsa, NY
$404,900
Kings County, NY
$110,000
Monroe County, NY
$150,000
New York
$349,000
Richmond County, NY
$1,100,000
Westchester County, NY
$249,900
Suffolk County, NY
$179,000
Bedford Hills, NY
$359,000
Available in New York
$60,000
Brooklyn, NY
$700,000
New York
$3,000,000
REAL ESTATE INCLUDED
Rochester, NY
$250,000
Suffolk County, NY
$424,999
Available Nationwide
$75,000
Manhattan, NY
$250,000
Freeport, NY
$75,000
REAL ESTATE INCLUDED
New York
$2,150,000
Queens, NY
$899,999
Suffolk County, NY
$250,000
Staten Island, NY
$59,999
Nassau County, NY
$1,999,999
Staten Island, NY
$475,000
Elliot Dweck
Transworld Business Advisors of TriCounty
Serving Richmond County, NY
Transworld Business Advisors of Tri-County is passionate about helping small and mid-sized companies navigate the complex waters of the selling, acquiring or growing an organization. Before starting our business brokerage, we’ve owned and operated our own businesses in NY/NJ for over 30 years. Our services include buyer representation, seller representation, preparation for sale, and franchise sales. We are proud to be part of Transworld Business Advisors, which has over 40 years of industry experience and the largest broker network in the world consisting of over 250 offices, over 700 agents, represented in 18 countries. In our database, we have over 360,000 registered buyers who have inquired about buying a business that Transworld has listed. To learn more about Transworld or to schedule a consultation with one of our brokers, visit our website at www.tworld.com/tricounty or call (848) 222-1112.
Nassau County, NY
$699,000
Available in New York
$65,000
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
New York
$1,800,000
New York
$7,500,000
Suffolk County, NY
$239,000
Westchester County, NY
$525,000
Available Nationwide
$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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