Frankfort, KY
$29,500
Frankfort, KY
$29,500
Bloomington, IN
$19,500
Evansville, IN
$35,000
Valparaiso, IN
$26,000
Terre Haute, IN
$19,500
South Bend, IN
$28,000
Peoria, IL
$18,500
Springfield, IL
$29,000
Dubuque, IA
$24,500
Iowa City, IA
$19,500
Denton County, TX
$199,500
Saint Louis, MO
$6,466,000
Bucks County, PA
$350,000
Raleigh, NC
$17,490
Indianapolis, WA
$239,000
Lowell, MA
$306,900
Drs. Leilani & Fernando
First Choice Business Brokers
Serving Maricopa County, AZ
Are you a business owner looking to sell your business or a buyer looking to invest in a new opportunity? Meet Drs. Leilani and Fernando and get started today with a complimentary and confidential consultation. http://consultation.broker.doctor Whether you’re a seller or a buyer, we are the Broker Doctor Team you can trust to guide you throughout the process and help you achieve your goals! We hold a valid business brokerage license and are honored to be affiliated with both the International Business Brokerage Association (IBBA) and M&A Source. Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale.
Canada
$200,000
Ingham County, MI
$345,000
Newhall, CA
$100,000
Plymouth County, MA
$5,000,000
Hartford, CT
$334,900
Memphis, KY
$208,900
Louisiana
$250,000
Phoenix, AZ
$95,000
Lehigh County, PA
$55,000
Boston, MA
$199,500
Missouri
$399,900
Fort Wayne, OK
$257,900
Gwinnett County, GA
$1,900,000
Dallas County, TX
$1,750,000
Florida
$1,899,999
Wappingers Falls, NY
$295,000
REAL ESTATE INCLUDED
Warner Robins, GA
$650,000
Pittsburgh, PA
$140,000
Philadelphia County, PA
$299,000
Nassau County, NY
$329,999
Gretna, LA
$125,000
Maricopa County, AZ
$350,000
Saint Louis, MO
$475,000
Scottsdale, AZ
$700,000
Neosho County, KS
$350,000
Hartford, MA
$17,490
Greensboro, NC
$17,499
Detroit, MI
$239,000
James Liao
Berkshire Hathaway Home Services
Serving Los Angeles County, CA
Buying
Media, PA
$129,000
Daytona Beach, FL
$389,000
REAL ESTATE INCLUDED
Alabama
Cash Flow: $658,000
Macon Brm, OR
$239,000
New Haven County, CT
$895,000
Los Angeles, CA
$598,000
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: