Estimate · free
What is my business worth?
Seller's discretionary earnings, times an illustrative NewHands teaching-assumption band for the trade, plus the adjustments listed on the page. Real estate is added after the multiple. The floor is 0.80×. This is NewHands's teaching range, not a database of closed deals, and not what your business will sell for.
Band source: NewHands teaching assumption (illustrative planning range, not a market transaction comp dataset)
Estimate, not an appraisal
$940,000 – $1,500,000
Midpoint $1,220,000. NAICS 238220.
Recurring service agreements support the higher end of the band.
| Adjustment | Multiple |
|---|---|
| Illustrative band (teaching assumption) | 2.60× – 4.00× |
| Owner works full timeThe buyer is underwriting a transition, not a hired manager. | -0.25× |
| Seller financing offeredA seller note widens the pool of SBA and individual buyers. | +0.10× |
| Moderate customer concentrationA handful of accounts matter. Buyers will price that risk. | -0.10× |
| Adjusted band | 2.35× – 3.75× |
Band source: NewHands teaching assumption (illustrative planning range, not a market transaction comp dataset)
- Start with the illustrative HVAC and plumbing SDE band (NewHands teaching assumption): 2.60× to 4.00×, midpoint 3.30×.
- Apply disclosed adjustments totaling -0.25 to each end of the band, then floor the multiple at 0.80×.
- Multiply seller's discretionary earnings of 400,000 by the adjusted band. That is the business value, not the real estate.
- Real estate is not included, so nothing is added after the multiple.
Estimate only. This is not an appraisal, a fairness opinion, or financial advice. NewHands is not a broker. A buyer, lender, or quality-of-earnings reviewer will use their own numbers.
Agents can POST the same inputs to /api/v1/calculators/valuation and check the result against the published test vector. Version 2026-10-19.