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Service Businesses For Sale


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Ben Bleicher
Professional Realty Group of BHHS Ambassador
Serving Lancaster County, NE
PRG (Professional Realty Group) of Berkshire Hathaway Home Services Ambassador Real Estate is a team of realtors dedicated to all aspects of real estate. Not only do we sell businesses, we also specialize in residential, commercial, industrial, development, land, and leases. Marketing properties and/or businesses for sale is one of the most important aspects of moving them in a timely manner and with an optimal amount of interest from multiple buyers. In today's age it's not only important to spread the word by mouth and mailers, but also to have a vast presence online where the majority of buyers are looking. We utilize not only bizbuysell.com, but also Loopnet, MRCIE, Social Media, and prospecting software. This ensures that we're reaching out to as many potential buyers as possible, in turn maximizing the ability to sell. PRG began as a full service residential real estate business, and intentionally grew into its current state which is suited to handle any aspect of realty. Starting with our roots in residential gave us a different take on customer service and attentiveness. Residential is a 24/7 job, where many commercial (only) brokerages typically have more traditional M-F 8-5 hours. We're typically available for business calls / inquiries from 8am-10pm, 7 days a week. This means we are able to offer impeccable service almost all the time!
Chicago, IL
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 5,028 |
| Asking Price | $350,457 |
| Reported Revenue | $655,601 |
| Reported Seller's Discretionary Earnings | $171,836 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $189,900 | $350,457 | $890,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $328,588 | $99,234 |
| Median | $655,601 | $171,836 |
| Upper Quartile | $1,399,228 | $309,879 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.59 |
| Median | 0.72 | 2.55 |
| Upper Quartile | 1.09 | 3.63 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $350,457, though prices range from under $189,900 to well over $890,750.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $655,601 and owners earn a median of $171,836, which includes the owners salary and any other financial benefits they receive.
How do I value a 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 Service Businesses, revenue multiples range from 0.41 to 1.09, with a median of 0.72. Earning multiples range from 1.59 to 3.63, with the median at 2.55. This means the typical Service Business may ask for around 0.72 times its annual revenue, and 2.55 times its annual owner earnings.
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