Jefferson County, LA
$7,950,000
Jefferson County, LA
$7,950,000
Lane County, OR
$595,000
Monroe County, PA
$330,000
Texas
$1,525,000
Fort Worth, TX
$579,000
Ohio
$225,500
Hall County, GA
$1,295,000
Allentown, PA
$215,900
Middlesex County, MA
$80,000
Los Angeles County, CA
$25,000
Contra Costa County, CA
$169,000
Monroe, WA
$275,000
Anne Arundel County, MD
$495,000
Essex County, NJ
$1,200,000
Anchorage, AK
$700,000
Ben Sutterlin
Corporate Equity/ Empire Business
Serving Cuyahoga County, OH
When you are considering selling a business or wish to buy a business in Cleveland, Ohio, Empire Business Associates is the business broker that you can depend on for all the guidance you need throughout the process. We are proud to be the business broker that our community trusts, and we strive to exceed all expectations with our high quality services, years of experience, and personal experience on both sides of the table that will help you through this difficult and exciting process. Whether you wish to buy a business to expand your company, you are considering buying a business for the first time, you are looking into selling a business in order to move on to the next great adventure, or anywhere in between, Empire Business Associates is here to help you.
Santa Clara, CA
$75,000
Orlando, FL
$199,000
Arlington, VA
$371,900
Pennsylvania
$900,000
Bonneville County, ID
$250,000
King County, WA
$2,000,000
Wilkesboro, NC
$650,000
Tippecanoe County, IN
$620,000
Cleveland, OH
$232,900
Carson, CA
$995,000
Montgomery County, TX
$1,200,000
Newark, CA
$893,000
Montville, CT
$175,000
San Diego County, CA
$800,000
Austin, TX
$250,000
York County, PA
$330,000
Yamhill County, OR
$160,000
Larimer County, CO
$200,000
Texas
$500,000
Silver Spring, MD
$450,000
Benton County, IA
$1,399,000
Cherry Hill, NJ
$400,000
Orlando, FL
$275,000
Queens, NY
$1,200,000
Phoenix, AZ
$99,000
Ohio
$65,000
Miami-Dade County, FL
$325,000
Las Vegas, NV
$600,000
Clark Lee
Pacific Realty
Serving Fairfax County, VA
Rochester, NY
$49,000
Austin, TX
$300,000
Dallas, TX
$650,000
Roseville, CA
$199,000
Martin County, FL
$280,000
Frederick, MD
$425,000
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:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: