Wayne County, MI
Service Businesses For Sale in Michigan


Detroit, MI

Michigan

Wayne County, MI
Michigan
Michigan
Plymouth, MI
Detroit, MI
Wayne County, MI
Oakland County, MI
Available Nationwide
Oakland County, MI
SBA LOAN ELIGIBLE
Troy, MI
45-Yr Established Drainage Infrastructure Platform - 1005
Bay County, MI
Oakland County, MI
Dave Perkins
We are intermediaries.
Serving Kent County, MI
Abstract Business Advisors, LLC is a specialty healthcare advisory firm offering our clients a unique advantage over traditional brokerage firms who handle mergers & acquisitions. Our team of professionals has over 100 years of combined health care business ownership and experience allowing us a comprehensive understanding of the industry. Over 24 years in business and more than $2.5B in transactions! At Abstract Business Advisors, LLC, we feel what sets us apart from other health care M&A firms, brokers, and brokerage firms, is our dedication to our clients both on the Buyer and Seller side. In addition to paying attention to details, it is crucial that we pay close attention to the health care laws, as well as the pending changes that could affect values in the health care world. We know the issues critical to the healthcare industry — reimbursement, government regulations, information systems, product technology, and market trends — issues that directly impact who’s buying, who’s selling, why, and for how much. As professional healthcare M&A advisors, we understand that our valuation methods and processes are our responsibility as a trusted partner. Starting with your price expectations, we identify and rate the market realities you are facing. Our marketing objective is to reach qualified buyers and sellers with an accurate and consistent business profile. Abstract Business Advisors, LLC assists clients through the acquisition or selling process step-by-step. Strong seller and buyer emotions are a reality of any type of business transaction. Effective emotion management is a trademark characteristic of a successful closing. As situations arise, we provide objective analytical views. When your expectation issues are on the negotiating table; you are at your highest level of outcome risk. In these situations, you have the assurance that our firm’s negotiating experience and all of our resources are directed toward successfully preserving your interests.
Oakland County, MI
Oakland County, MI
Lansing, MI
Grand Rapids, MI
Ingham County, MI
Available Nationwide
Oakland Township, MI
REAL ESTATE INCLUDED
Michigan
Fast-Growing Commercial & Industrial Services Franchise – Huge Market
Oakland County, MI
Wayne County, MI
Oakland County, MI
Oakland County, MI
Michigan
REAL ESTATE INCLUDED
Oakland County, MI
Oakland County, MI
Available in Michigan
Lansing, MI
Dearborn, MI
Laundromat. Passive Income - Arcade, Vending & Laundry Revenue.
Rochester Hills, MI
REAL ESTATE INCLUDED
Michigan
Available in Michigan
Rochester Hills, MI
Oakland County, MI
Oakland County, MI
Michigan
Wayne County, MI
Marin Klink
Exp Commercial
Serving Oakland County, MI
From Purchases to Exits, Full Planning and Execution
REAL ESTATE INCLUDED
Michigan
Michigan
High Margin Pool Cover Business
Washtenaw County, MI
Michigan
Available Nationwide
Muskegon County, MI
Michigan
Plymouth, MI
Plymouth, MI
Wayne County, MI
Ingham County, MI
Michigan
Wayne County, MI
Rochester, MI
Available in Michigan
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 130 |
| Asking Price | $303,450 |
| Reported Revenue | $526,774 |
| Reported Seller's Discretionary Earnings | $150,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $169,250 | $303,450 | $718,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $272,983 | $85,000 |
| Median | $526,774 | $150,000 |
| Upper Quartile | $1,147,523 | $250,422 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.42 | 1.58 |
| Median | 0.66 | 2.50 |
| Upper Quartile | 1.00 | 3.58 |
FAQ's
How much does it cost to buy a Service Business in Michigan?
The median asking price for an established Service Business in Michigan is $303,450, though prices range from under $169,250 to well over $718,500.
How much do Service Businesses owners in Michigan earn?
The median reported revenue of Service Businesses in Michigan is $526,774 and owners earn a median of $150,000, 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 in Michigan, revenue multiples range from 0.42 to 1.00, with a median of 0.66. Earning multiples range from 1.58 to 3.58, with the median at 2.50. This means the typical Service Business in Michigan may ask for around 0.66 times its annual revenue, and 2.50 times its annual owner earnings.
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