Ogden, UT
Service Businesses For Sale in Utah
Utah
Salt Lake County, UT
Utah
Salt Lake City, UT
Utah
Utah
Salt Lake County, UT
Utah County, UT
Salt Lake City, UT
Available in Utah
Salt Lake City, UT
Salt Lake City, UT
Established Utah Tax and Accounting Practice, Two Offices
$1,295,000
Utah County, UT
Utah
Utah
Mike Lynn Lee
First Choice Business Brokers
Serving Salt Lake County, UT
Established in 1994, First Choice Business Brokers (FCBB) has evolved into one of the premier Business Brokerage Organizations in the United States, successfully facilitating over $12 billion in sales of small to medium-sized businesses. Mike and Lynn Lee own and manage the FCBB offices in Utah, Montana, and Wyoming, with a strong team of business broker agents based in Salt Lake City, St. George, Bozeman, and Missoula, while also serving additional areas across all three states to ensure our clients receive local support and achieve great results. We specialize in bridging the aspirations of both buyers and sellers of businesses. Our offerings include business valuations, strategic market analysis, exit planning, and discreet management of the business sale process from inception to closure. Our role extends beyond transactions; we pride ourselves on being matchmakers who ensure a harmonious fit between buyers and sellers, crafting strategies that culminate in success for all parties involved. Whether you're contemplating selling your business or are in search of an enterprise that aligns with your goals, let FCBB guide your journey. Reach out to us at 435-800-4400 or via email at teamlee@fcbb.com to explore how we can assist in achieving your objectives.
Utah
North Salt Lake, UT
Utah
Utah
Riverton, UT
Available in Utah
Utah
Utah
High-Performing Restoration Business in Rapid Growth Market
$2,520,000
Iron County, UT
Utah County, UT
Herriman, UT
Salt Lake City, UT
Midvale, UT
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 47 |
| Asking Price | $400,000 |
| Reported Revenue | $824,059 |
| Reported Seller's Discretionary Earnings | $218,469 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $199,000 | $400,000 | $1,099,998 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale in Utah.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $443,509 | $123,963 |
| Median | $824,059 | $218,469 |
| Upper Quartile | $1,709,009 | $356,754 |
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 Utah.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.37 | 1.65 |
| Median | 0.71 | 2.70 |
| Upper Quartile | 1.14 | 3.42 |
FAQ's
How much does it cost to buy a Service Business in Utah?
The median asking price for an established Service Business in Utah is $400,000, though prices range from under $199,000 to well over $1,099,998.
How much do Service Businesses owners in Utah earn?
The median reported revenue of Service Businesses in Utah is $824,059 and owners earn a median of $218,469, 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 Utah, revenue multiples range from 0.37 to 1.14, with a median of 0.71. Earning multiples range from 1.65 to 3.42, with the median at 2.70. This means the typical Service Business in Utah may ask for around 0.71 times its annual revenue, and 2.70 times its annual owner earnings.
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