Dublin, OH
Service Established Businesses For Sale
Lincoln, NE
Rochester, MN
Fort Knox, KY
Frankfort, KY
Bloomington, IN
Evansville, IN
Terre Haute, IN
South Bend, IN
Peoria, IL
Springfield, IL
Dubuque, IA
Iowa City, IA
Ingham County, MI
Phoenix, AZ
Boston, MA
Prakas & Company
Serving Palm Beach County, FL
About Prakas & Co. Established in 1999, Prakas & Co. is South Florida's leading commercial real estate brokerage firm, specializing in the hospitality sector. With a focus on restaurants, bars, and nightclubs, we offer unparalleled expertise in the sale, lease, and marketing of commercial properties throughout the Treasure Coast, Palm Beach, Broward, and Miami-Dade Counties. At Prakas & Co., we bring over two decades of experience to the table, having completed more than 600 transactions that have significantly shaped the commercial landscapes of some of South Florida's most vibrant districts. Our extensive network of contacts and our deep understanding of the local market dynamics allow us to provide strategic, tailored solutions that drive success for our clients and partners. Our Services Include: -Sales and Acquisitions: Specializing in high-value commercial properties and business sales. -Leasing: Offering expert negotiation and deal structuring for tenant and landlord representation. -Consultancy and Advisory: Providing insights and strategic planning for optimal investment outcomes. We are not just brokers; we are your strategic partners in commercial real estate. Whether you're looking to buy, sell, or lease, Prakas & Co. ensures that every transaction is positioned for maximum success. Our team's dedication to service excellence and client satisfaction makes us the first choice for commercial real estate insights and transactions in South Florida.
Madison, WI
Gwinnett County, GA
Gretna, LA
Daytona Beach, FL
REAL ESTATE INCLUDED
Alabama
Arlington Heights, IL
Salt Lake City, UT
Atlanta, GA
Evergreen Park, IL
Florida
Pennsylvania
North Kingstown, RI
Philadelphia, PA
Virginia
Saint Louis, MO
Westchester County, NY
Murrells Inlet, SC
REAL ESTATE INCLUDED
Benton County, OR
REAL ESTATE INCLUDED
Texas
Tucson, AZ
Maple Shade, NJ
Brooklyn, NY
New York, NY
Bronx County, NY
Georgia
Texas
Alameda County, CA
Kirk Price
Price Consulting LLC
Serving Shelby County, AL
Expert Agency Sales Consulting Throughout my forty-five (45) year career, I have worked closely with Insurance Agency Owners to help them navigate the complex process of transitioning out of the business. I understand the unique challenges and considerations that insurance agency owners face when it comes to succession planning and exit strategies. Whether it's due to retirement, a new business opportunity, or an unfulfilled dream, I have assisted countless owners in selling their agencies. Our comprehensive process is tailored to handle every step of the agency sales transaction. From assisting with a thorough business valuation to advertising and marketing your agency, we take care of vetting prospective buyers and provide referrals for lender and legal services. We ensure that you have support throughout the entire transaction until the closing of the sale. Our goal is to make selling your agency hassle-free and time-effective. We handle all buyer inquiries and other related tasks, allowing you to focus on your next venture. Our turnkey approach ensures efficiency, cost-effectiveness, and a smooth transition for you. If you are considering selling your agency, talk to us today and learn how we can assist you in saving time and money while guiding you towards a successful transition to the next chapter of your life.
REAL ESTATE INCLUDED
Los Angeles County, CA
Midvale, UT
Dayton, OH
Marietta, GA
Fort Lauderdale, FL
REAL ESTATE INCLUDED
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 4,867 |
| Asking Price | $370,000 |
| Reported Revenue | $654,937 |
| Reported Seller's Discretionary Earnings | $175,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $190,000 | $370,000 | $900,000 |
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 | $330,000 | $97,000 |
| Median | $654,937 | $175,000 |
| Upper Quartile | $1,424,323 | $319,816 |
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 | 0.43 | 1.62 |
| Median | 0.73 | 2.62 |
| Upper Quartile | 1.11 | 3.65 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $370,000, though prices range from under $190,000 to well over $900,000.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $654,937 and owners earn a median of $175,000, 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 0.43 to 1.11, with a median of 0.73. Earning multiples range from 1.62 to 3.65, with the median at 2.62. This means the typical Service Business may ask for around 0.73 times its annual revenue, and 2.62 times its annual owner earnings.
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