Oakland County, MI
Service Businesses in MI For Sale


SBA LOAN ELIGIBLE
Troy, MI

Bay County, MI

Oakland County, MI
Oakland County, MI
Oakland County, MI
Lansing, MI
Grand Rapids, MI
Ingham County, MI
Oakland Township, MI
Available Nationwide
REAL ESTATE INCLUDED
Michigan
Oakland County, MI
Wayne County, MI
Oakland County, MI
Oakland County, MI
AP Nazarian
Armen Nazarian Business Brokers
Serving Oakland County, MI
Armen Nazarian Business Brokers is committed to helping Buyers and Sellers in a fair, honest and professional manner while striving to keep the transaction as confidential as possible.
Michigan
REAL ESTATE INCLUDED
Oakland County, MI
Oakland County, MI
Lansing, MI
Available Nationwide
Dearborn, MI
Rochester Hills, MI
REAL ESTATE INCLUDED
Michigan
Rochester Hills, MI
Oakland County, MI
Oakland County, MI
Michigan
Wayne County, MI
REAL ESTATE INCLUDED
Michigan
Available in Michigan
Michigan
Washtenaw County, MI
Michigan
Muskegon County, MI
Available in Michigan
Michigan
Plymouth, MI
Plymouth, MI
Wayne County, MI
Ingham County, MI
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 131 |
| Asking Price | $306,900 |
| Reported Revenue | $533,547 |
| Reported Seller's Discretionary Earnings | $154,646 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $169,500 | $306,900 | $712,000 |
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 | $273,288 | $85,000 |
| Median | $533,547 | $154,646 |
| Upper Quartile | $1,172,244 | $253,515 |
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 | 0.41 | 1.58 |
| Median | 0.65 | 2.46 |
| 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 $306,900, though prices range from under $169,500 to well over $712,000.
How much do Service Businesses owners in Michigan earn?
The median reported revenue of Service Businesses in Michigan is $533,547 and owners earn a median of $154,646, 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 0.41 to 1.00, with a median of 0.65. Earning multiples range from 1.58 to 3.58, with the median at 2.46. This means the typical Service Business in Michigan may ask for around 0.65 times its annual revenue, and 2.46 times its annual owner earnings.
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