Albany County, NY
$255,000
Albany County, NY
$255,000
Saskatchewan, SK
$1,350,000
Will County, IL
$1,300,000
Westbury, NY
$370,000
Phoenix, NV
$299,900
Saint Paul, MN
$299,899
Columbus, CA
$109,000
Chandler, AZ
$108,700
Guilford County, NC
$1,450,000
Lanham, MD
$195,000
Nevada
$2,000,000
Des Moines, IA
Not Disclosed
Cash Flow: $85,000
Sumter County, FL
$699,000
Tampa, FL
$750,000
Harris County, TX
$1,625,000
O'fallon, MO
$29,500
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Mason, OH
$400,000
Union County, NJ
$1,000,000
Frederick, MD
$69,999
Sarasota County, FL
$114,900
Jackson, TN
$625,000
Missouri
$899,000
Santa Monica, CA
$125,000
Anoka County, MN
$65,000
Boise, ID
$299,890
Boynton Beach, FL
$414,000
Tucson, AZ
$1,500,000
Sparks, NV
$225,000
Gulf County, FL
$710,000
Clark County, NV
$588,000
Kansas
$1,320,000
Jonesboro, GA
$350,000
New York, NY
$7,500,000
South Carolina
$1,400,000
Minnesota
$400,000
Ohio
$720,000
Sealy, TX
$360,000
Plano, IL
$399,900
Not Disclosed
EBITDA: $1,900,000
Illinois
$195,000
Tucson, AZ
$1,100,000
Hialeah, FL
$2,000,000
Franklin Township, NJ
$100,000
Surfside, FL
$300,000
Svitlana Milovanova PA
LoKation Real Estate
Serving Broward County, FL
LoKation® Real Estate is a nationally ranked, vibrant company that’s paved a high level of customer service, tools, and technology to make our clients comfortable. Our local market expertise makes them confident and the results make them smile. LoKation® had 5B in sales in 2022 and ranked #13 of all independent brokerages in the U.S. (Real Trends Top 500 Brokerages 2022).
Houston, TX
$109,000
Berkeley, CA
$19,500,000
Katy, TX
$65,000
Boca Raton, FL
$399,999
Conyers, GA
$230,000
Hernando County, FL
$145,000
Acquisitions of service business are on the rise, and it’s easy to see why. Service businesses provide niche professional support to customers and cover a wide range of industries. The benefits of owning a service business include operational flexibility, high profitability, low overhead costs, minimal inventory and supplies, and the possibility of generating multiple revenue streams. One of the primary advantages of buying an existing service business is that it comes with established credibility in the market.
For those in the market to buy or sell a service business, 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 service businesses.
Market Overview
Number of Businesses Analyzed |
5,359 |
Median Asking Price |
$312,338 |
Median Reported Revenue |
$525,724 |
Median Reported Earnings |
$152,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.43 |
1.50 |
Median |
0.72 |
2.43 |
Upper Quartile |
1.08 |
3.44 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
Popular Service Businesses
Some of the most popular categories include:
FAQs
How much does it cost to buy a service business?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in the U.S. is approximately $312,338.
How much do service business owners earn?
These businesses vary in sales volume, but service business owners report median annual sales of $525,724 and annual owner earnings of $152,000. 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 range from 0.43 to 1.08, with the median at 0.72. Earnings multiples range from 1.50 to 3.44, with the median at 2.43. These values indicate that a typical service business may sell for around 0.72 times its annual revenue, and 2.43 times its annual owner’s earnings.
More for Business Buyers:
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