Average Business Valuation Multiples

Industry & Business Type

Avg. Revenue Multiple

Avg. Cash Flow Multiple

Avg. Sale Price

Avg. Gross Revenue

Avg. Cashflow

Auto and Automotive

0.69

3.18

$889,976

$1,771,073

$264,573

Auto Body and Repair

0.64

2.87

$665,659

$1,060,124

$219,589

Auto Dealers

0.51

3.43

$2,013,950

$6,709,598

$618,341

Car Washes

2.06

5.16

$1,459,235

$823,898

$266,938

Gas Stations

0.42

3.58

$1,012,832

$2,758,996

$257,163

Other Auto Related

0.65

2.94

$1,175,062

$2,803,040

$384,912

Building and Construction

0.56

2.44

$1,283,371

$2,524,307

$482,216

Architecture and Int. Design

0.78

2.61

$1,216,065

$1,661,123

$456,310

Construction Sub-Contractors

0.58

2.40

$1,080,488

$2,090,470

$425,904

General Building Contractors

0.52

2.46

$1,494,834

$2,850,233

$591,413

Other Building and Construction

0.55

2.43

$1,275,329

$2,572,552

$474,426

Business Services

0.72

2.48

$839,175

$1,323,674

$301,281

Commercial Cleaning and Janitorial

0.68

2.12

$513,815

$793,434

$205,976

Commercial Laundry

1.28

2.75

$317,083

$260,416

$122,198

Electrical, Mechanical, and HVAC Contractors

0.56

2.62

$1,304,419

$2,359,365

$466,069

Equipment Rental and Leasing

1.01

2.95

$987,129

$1,466,250

$304,364

Graphic Design

1.25

2.90

$997,250

$916,347

$290,912

Locksmiths

0.52

1.96

$543,029

$897,708

$228,700

Other Business Services

0.75

2.49

$757,237

$1,122,644

$272,289

Security and Protection Services

0.66

2.37

$625,020

$1,093,850

$252,317

Staffing

0.72

3.01

$1,334,464

$2,421,673

$421,939

Waste Services and Recycling

1.07

3.29

$1,169,120

$1,180,206

$341,282

Communication and Media

0.82

2.48

$846,453

$1,156,055

$294,402

Other Communication and Media

0.86

2.50

$1,001,472

$1,353,265

$339,899

Periodicals and Mag. Publishers

0.69

2.39

$278,050

$432,950

$127,579

Educational

0.87

3.03

$608,394

$706,362

$196,514

Day Care and Child Care Centers

0.91

3.45

$653,219

$732,167

$183,745

Other Educational

0.78

2.32

$510,822

$651,147

$190,695

Schools

0.85

2.82

$608,367

$705,435

$228,586

Entertainment and Leisure

0.93

2.63

$849,977

$892,365

$278,214

Art Galleries and Museums

0.62

2.04

$828,315

$825,398

$252,981

Hotels and Motels

2.29

4.69

$1,113,000

$399,817

$204,001

Other Entertainment and Leisure

0.91

2.60

$799,976

$892,249

$276,648

Travel Agents

1.25

3.46

$2,785,980

$1,693,938

$490,736

Financial

1.45

2.97

$796,294

$885,585

$280,221

Banking Institutions

0.88

2.09

$1,362,175

$1,770,265

$669,590

Insurance Agents

1.57

3.13

$687,897

$811,096

$238,069

Other Financial

1.25

2.73

$976,342

$957,119

$332,411

Food and Beverage

0.44

2.31

$418,094

$958,273

$170,448

Agricultural Production

0.80

3.71

$745,357

$1,346,365

$201,454

Bars, Taverns and Nightclubs

0.49

2.59

$473,173

$963,755

$182,945

Catering Services

0.44

2.00

$549,565

$1,307,688

$228,795

Food Production and Packaging

0.78

2.70

$1,018,164

$1,228,545

$320,170

Grocery and Supermarkets

0.32

2.54

$778,035

$2,489,325

$275,039

Liquor Stores

0.46

3.10

$657,577

$1,365,355

$199,277

Other Food and Beverage

0.50

2.26

$281,264

$535,336

$117,164

Restaurants

0.39

2.07

$369,550

$930,716

$172,221

Vending Machine Businesses

1.14

2.48

$102,442

$109,179

$47,066

Hair and Beauty

0.49

1.94

$214,781

$497,600

$108,508

Beauty Salons and Barber Shops

0.48

1.90

$156,576

$415,546

$83,701

Other Hair and Beauty

0.50

2.01

$309,688

$631,394

$148,958

Health and Medical

0.71

2.69

$754,201

$1,190,013

$264,905

Health Clubs, Spas, Gyms & Fitness Centers

0.61

2.38

$327,799

$545,217

$138,124

Long-Term Care & Assisted Living Facilities

1.40

4.49

$1,262,569

$1,112,515

$329,317

Medical and Dental Labs

0.76

2.32

$440,056

$598,453

$193,936

Medical Clinics

0.74

2.13

$719,041

$955,357

$320,001

Other Health and Medical

0.68

2.89

$1,033,813

$1,725,808

$323,628

Pharmacies

0.39

2.66

$515,531

$1,712,987

$221,990

Home and Garden

0.65

2.52

$811,349

$1,365,721

$288,637

Hardware and DIY Retailing

0.55

3.09

$1,124,461

$2,140,627

$344,294

Landscaping Services

0.67

2.39

$733,151

$1,194,931

$273,739

Nurseries and Garden Centers

0.66

2.81

$1,102,400

$1,749,510

$355,141

Home and Office Furniture

0.53

2.65

$963,987

$2,020,506

$363,058

Home Furniture Retailing

0.53

2.65

$963,987

$2,020,506

$363,058

Internet Related

1.13

3.39

$1,718,039

$2,032,667

$451,539

Established Websites

1.13

3.39

$1,718,039

$2,032,667

$451,539

Manufacturing

0.74

2.99

$1,297,828

$1,921,995

$397,304

Auto Parts Manufacturing

0.69

3.26

$1,721,519

$3,178,074

$523,684

Clothing and Footwear Manufacturing

0.57

2.71

$642,926

$1,059,647

$215,994

Electronic Equipment Manufacturing

0.82

3.01

$1,563,778

$2,338,708

$463,661

Furniture Manufacturing

0.66

2.85

$1,577,120

$2,308,062

$462,957

Industrial Machinery Manufacturing

0.92

4.09

$2,079,990

$2,147,026

$481,796

Medical Device Manufacturing

0.75

2.75

$695,030

$1,106,890

$260,141

Metals Manufacturing

0.78

3.07

$1,344,021

$1,978,618

$429,931

Other Manufacturing

0.77

2.94

$1,211,280

$1,665,793

$381,051

Paper and Packaging Manufacturing

0.60

2.56

$1,054,811

$1,865,512

$318,888

Plastics Manufacturing

0.76

3.45

$1,797,969

$2,510,012

$448,785

Specialty and Fine Chemical Manufacturing

1.18

3.69

$1,919,739

$2,158,570

$532,330

Wood Products Manufacturing

0.63

3.22

$1,448,714

$3,040,216

$468,815

Moving, Storage and Delivery

0.68

3.01

$1,595,246

$2,790,535

$516,122

Moving and Trucking Companies

0.66

3.05

$1,605,571

$2,863,880

$515,853

Self Storage

0.83

2.70

$1,500,500

$2,117,485

$518,584

Non-Classifiable

0.74

3.19

$1,128,020

$2,210,219

$347,734

Non-Classifiable Establishments

0.74

3.19

$1,128,020

$2,210,219

$347,734

Personal

1.05

2.87

$389,684

$354,541

$137,851

Coin Laundry and Laundromat

1.26

3.43

$367,731

$269,489

$108,599

Dry-Cleaning and Laundry

0.74

2.06

$366,004

$440,080

$168,299

Funeral Homes

1.63

4.76

$2,275,838

$1,457,339

$481,115

Professional Services

1.01

2.13

$572,492

$577,667

$248,683

Legal and Accounting

1.01

2.13

$572,492

$577,667

$248,683

Retail Stores

0.54

2.34

$513,160

$1,042,071

$201,828

Computer Resellers and Distributors

0.51

2.18

$370,297

$786,494

$149,632

Convenience Stores

0.41

2.29

$401,085

$989,302

$162,896

Florist

0.46

1.98

$351,893

$747,692

$168,054

Marine Sales, Parts & Service

0.55

2.82

$923,761

$2,614,610

$305,095

Other Retail Stores

0.53

2.35

$571,576

$1,150,297

$222,588

Pet Stores and Supplies

0.70

2.41

$465,414

$693,287

$181,789

Technology

1.13

3.06

$1,309,835

$2,023,749

$411,833

Other Technology

1.01

3.00

$1,318,107

$2,159,069

$415,488

Software and Internet Developers

1.65

3.30

$1,275,494

$1,461,967

$396,659

Transportation

0.64

2.01

$410,902

$667,849

$169,568

Other Transportation

0.63

1.93

$360,230

$612,962

$154,926

Shipping and Transportation

0.66

2.56

$609,901

$955,270

$233,143

Taxi and Limousine

0.78

2.56

$905,872

$1,072,196

$325,706

Towing

0.86

3.31

$1,803,571

$2,059,691

$528,357

Wholesale and Distribution

0.53

2.76

$1,034,221

$2,401,211

$334,993

Wholesale and Distributors

0.53

2.76

$1,034,221

$2,401,211

$334,993