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Valued Representation…It’s the meaning behind our name; it’s what we deliver to every client. VR Business Sales / Mergers & Acquisitions are proud of its heritage as the leader in sales and transfer of the privately-held business since 1979. It is even prouder knowing that it has helped hundreds of thousands of families live the American dream of business ownership. These same people are those who make up the business communities in every town and city, and who drive job creation and economies. The strength of the VR organization is its people. We are the only network of full-time professional business intermediaries in the world. Consequently, we have proven our value to business clients across the country and around the globe. It's who we are, it's what we deliver. Our local office in Bucks County Pennsylvania (Newtown PA) is ready to assist you. Long gone are the days of trickery and deception to obtain listings of businesses we know will never sell near the asking price. The entrepreneur leans on us for advice and for a trusting relationship to develop there must be full transparency. We must look to the future and realize that this difference alone separates VR, but as an organization of professionals we have so much more to accomplish.
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Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of thousands of businesses with deal value of over $ billion. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale and buyer network to make a deal. We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller. Sellers - If your goal is to sell an existing business in the Hudson Valley NY area then First Choice Business Brokers is the only choice for you. From guidance in preparing your business for sale, expert market valuation with proven methods to a smooth transition of ownership to a buyer we will be with you every step of the way. As experienced business brokers, we know you've worked hard to achieve success. That's why you deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. We are large enough to offer Buyers the greatest selection of available businesses for sale, yet small enough to give Sellers individual attention. Buyers - If you are looking to purchase an existing business, we will walk you through the entire buying process and be with you every step of the way. From searching for the perfect business to a smooth transition of ownership from the seller to you, we go the extra mile for our clients which has earned us the much deserved reputation of unsurpassed service and professionalism with a personal touch. And with the largest national list of exclusive businesses for sale, we are confident we can help you find the business you're looking for. All First Choice Business Brokers have completed extensive training through FCU (First Choice University) and attend on-going continuing education making our Business Broker Professional among the most highly trained experts in the field of business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. This is just one reason why we're The World’s Authority in Business Sales.
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Buy or Sell an Other Service Business
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 1,962 |
| Asking Price | $375,000 |
| Reported Revenue | $750,000 |
| Reported Seller's Discretionary Earnings | $196,491 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $200,000 | $375,000 | $800,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $408,000 | $121,772 |
| Median | $750,000 | $196,491 |
| Upper Quartile | $1,458,708 | $330,846 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Service Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.35 | 1.39 |
| Median | 0.65 | 2.48 |
| Upper Quartile | 1.07 | 3.48 |
FAQ's
How much does it cost to buy an Other Service Business?
The median asking price for an established Other Service Business is $375,000, though prices range from under $200,000 to well over $800,000.
How much do Other Service Businesses owners earn?
The median reported revenue of Other Service Businesses is $750,000 and owners earn a median of $196,491, which includes the owners salary and any other financial benefits they receive.
How do I value an Other Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Other Service Businesses, revenue multiples range from 0.35 to 1.07, with a median of 0.65. Earning multiples range from 1.39 to 3.48, with the median at 2.48. This means the typical Other Service Business may ask for around 0.65 times its annual revenue, and 2.48 times its annual owner earnings.
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