Suffolk County, NY
$239,000
Suffolk County, NY
$239,000
Westchester County, NY
$525,000
Schenectady County, NY
$375,000
Suffolk County, NY
$695,000
Kings County, NY
$350,000
Bronx, NY
$399,000
Bronx, NY
$330,000
New York County, NY
$330,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Suffolk County, NY
$500,000
Available in New York
$150,000
Oneida County, NY
$650,000
Ozone Park, NY
$750,000
Staten Island, NY
$150,000
REAL ESTATE INCLUDED
New York
$7,000,000
Brooklyn, NY
$250,000
Vasilis Georgiou, CM&AA, M&AMI, CBI, CBB, MBA
CrossRoads Business Brokers
Serving New York County, NY
CrossRoads is a full service mergers and acquisitions firm that focuses on providing exceptional service to Buyers and Sellers of small to medium-sized businesses in a variety of industries. Our services are delivered with the maximum in confidentiality, professionalism, and integrity. CrossRoads is extremely effective and results oriented, leveraging a database of qualified Financial and Strategic Buyers and a confidential national collaborative network of Business Intermediaries. We serve the needs of potential Buyers and Sellers discretely and professionally with one mission in mind: To add exceptional value to a seamless process of business transfer. We differentiate ourselves by taking an advisory approach to the needs of Sellers and Buyers. We have the experience and expertise to value and present your business in the best manner possible, or assist you in identifying a business that fits your criteria and personal preferences. Sellers benefit from our professional approach in packaging, presenting, and promoting their business, and from a vast database of registered qualified Buyers including entrepreneurs, investors, professionals and corporations. Buyers benefit from our guidance through the, sometimes uncertain, road to business ownership, and from all the resources we bring to bear that they can leverage to make that transition smoother. Professional Affiliations M & A Source – Organization supporting mid-market Mergers and Acquisitions Intermediaries International Business Brokers Association – Education and professional standards California Association of Business Brokers – Education and professional standards Alliance of M&A Advisors Ellermeyer Connect – Executive Career Transition Networking Resources HCBizMarketplace BizBuySell Bizquest Mergerplace International Business Brokers Association California Association of Business Brokers M & A Source Bizben – California Businesses for Sale Sellerworks Businessesforsale BusinessBroker Globalbx
New York
$1,650,000
Staten Island, NY
$440,000
Nassau County, NY
$550,000
Forest Hls, NY
$659,000
Available Nationwide
$50,000
Rosedale, NY
$1,600,000
Nassau County, NY
$520,000
Suffolk County, NY
$1,250,000
New City, NY
$400,000
Suffolk County, NY
$899,000
Brooklyn, NY
$220,000
Hollis Hills, NY
$695,000
Batavia, NY
$150,000
Buffalo, NY
$150,000
Available in New York
$50,000
Suffolk County, NY
$300,000
Suffolk County, NY
$899,999
East Islip, NY
$399,000
Astoria, NY
$1,300,000
Available Nationwide
$400,000
New York County, NY
$4,999,999
Rochester, NY
$61,900
Brooklyn, NY
$160,000
Bronx, NY
$3,000,000
Jamaica, NY
$265,000
Suffolk County, NY
$850,000
Dix Hills, NY
$179,000
Rockland County, NY
$350,000
Mike Maiman
MKL Agency Broker
MKL is a Mergers & Acquisitions Advisory Firm that works Exclusively with Independent Insurance Agents and Brokers throughout the USA. Connecting Sellers To Cash Buyers Working In all 50 States Strict Confidentiality Valuation Specialist Licensed Insurance Broker focused strictly on selling Insurance Agencies & Books of Business
Brooklyn, NY
$1,900,000
Available in New York
$100,000
Suffolk County, NY
$99,000
Queens, NY
$1,200,000
Rochester, NY
$49,000
New York County, NY
$2,450,000
Suffolk County, NY
$399,999
Kings County, NY
$1,300,000
New York County, NY
$8,000,000
New York
$200,000
Nassau County, NY
$125,000
Available in New York
$110,000
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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