REAL ESTATE INCLUDED
Norwich, NY

REAL ESTATE INCLUDED
Norwich, NY
New York, NY

Suffolk County, NY

New York
Fresh Meadows, NY
New York
Brooklyn, NY
Nassau County, NY
REAL ESTATE INCLUDED
Merrick, NY
Suffolk County, NY
Available Nationwide
Merrick, NY
New York, NY
$792,000
New York County, NY
New York
Ozone Park, NY
Antoneta Licollari
Toscana Properties
Serving Richmond County, NY
New York
Westchester County, NY
Queens, NY
Yonkers, NY
New York
Available in New York
Suffolk County, NY
Islip, NY
$550,000
Rockland County, NY
New York
Nassau County, NY
New York
Suffolk County, NY
Suffolk County, NY
New York
New York County, NY
Available in New York
New York County, NY
New York County, NY
$5,995,000
Remsen, NY
Brooklyn, NY
Lynbrook, NY
Available in New York
Pleasantville, NY
Manhattan, NY
New York County, NY
Suffolk County, NY
New York
Michael Manna
Burke and Manna Real Estate Agency
Serving New York County, NY
Queens County, NY
Suffolk County, NY
$795,000
Manhattan, NY
Suffolk County, NY
Melville, NY
Available in New York
Bayside, NY
Brooklyn, NY
Brooklyn, NY
SBA LOAN ELIGIBLE
New York
Mount Vernon, NY
Suffolk County, NY
Suffolk County, NY
New York County, NY
Suffolk County, NY
Available Nationwide
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 371 |
| Asking Price | $499,000 |
| Reported Revenue | $550,000 |
| Reported Seller's Discretionary Earnings | $170,004 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $254,500 | $499,000 | $1,000,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $300,000 | $100,000 |
| Median | $550,000 | $170,004 |
| Upper Quartile | $1,200,000 | $325,000 |
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 New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.56 | 2.26 |
| Median | 0.88 | 2.95 |
| Upper Quartile | 1.38 | 4.06 |
FAQ's
How much does it cost to buy a Service Business in New York?
The median asking price for an established Service Business in New York is $499,000, though prices range from under $254,500 to well over $1,000,000.
How much do Service Businesses owners in New York earn?
The median reported revenue of Service Businesses in New York is $550,000 and owners earn a median of $170,004, 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 New York, revenue multiples range from 0.56 to 1.38, with a median of 0.88. Earning multiples range from 2.26 to 4.06, with the median at 2.95. This means the typical Service Business in New York may ask for around 0.88 times its annual revenue, and 2.95 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge