Cincinnati, OH
$117,000
Cincinnati, OH
$117,000
Alabama
$1,200,000
Lincoln, NE
$125,000
Wake Forest, NC
$125,000
Philadelphia, PA
$2,480,000
Orange County, FL
$930,000
Navajo County, AZ
$615,000
Myrtle Beach, SC
$35,000
Georgia
$1,000,000
Kentucky
$1,490,000
McHenry County, IL
$800,000
Guilford County, NC
$155,000
Frederick, MD
$395,000
Kentucky
Not Disclosed
EBITDA: $547,000
Daytona Beach, FL
$199,000
Rutherford County, TN
$190,000
Jock Purtle
Business Exits Inc.
Serving Los Angeles County, CA
Lilburn, GA
$330,000
Tampa, FL
$900,000
District of Columbia, DC
$90,000
Salt Lake City, UT
$319,000
Bolingbrook, IL
$185,000
Alpena, MI
$465,000
New Orleans, CA
$400,000
Old Lyme, CT
$60,000
REAL ESTATE INCLUDED
Oklahoma
$4,700,000
Pierce County, WA
$90,000
Dallas, TX
$37,500
Virginia
$750,000
Harris County, TX
$90,000
Nashville, TN
$158,900
Sanford, FL
$665,000
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Obetz, OH
$16,000
Winston-Salem, NC
$250,999
Knoxville, NE
$140,000
Boulder, MI
$251,000
Sarasota County, FL
$2,300,000
Baltimore, OH
$205,000
Austin, NC
$189,900
Virginia Beach, VA
$198,000
South Carolina
$2,100,000
Not Disclosed
EBITDA: $823,000
Collin County, TX
$130,000
Robert Ricci
My Realty Group
Serving Miami-Dade County, FL
Connecting You with Your Perfect Business Opportunity – Expert Guidance, Trusted Advice, Successful
Philadelphia, PA
$1,365,000
Chicago, IL
$9,900,000
Los Angeles County, CA
$4,300,000
Redmond, WA
$2,000,000
REAL ESTATE INCLUDED
Corning, NY
$115,000
Pittsburgh, PA
$495,000
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.
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