FREE MARKET REPORT · WEEK OF OCTOBER 12

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Every industry’s median asking multiple, the spread around it, and who has been cutting their price.

  • 9 industries
  • 6,452 priced listings
  • 10 marketplaces, named
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Home & Trade Services

HVAC, plumbing, electrical, roofing, landscaping

Sample figures
2.50×median asking price ÷ SDEn = 500 listings · last issue 2.40× (n = 450)
1.00× bottom tenthmiddle half 1.50× – 3.50×top tenth 5.00×

By asking price

Sample asking multiples by deal size — illustrative figures, not this week's market data
Under $250K1.50×
$250K – $1M2.50×
Over $1M4.00×

Sellers are moving

80% of the 100 listings that changed price in the last 90 days cut it. Median cut 15%.

Every page names its sources and counts them — which marketplace each listing came from, and how many.

The layout is real; the numbers are not. These are illustrative figures, not this week’s data. The real ones — for this industry and the other eight — are in the PDF.

These are asking prices, not sale prices. They are what sellers want, which is what you negotiate against.

This week, in four numbers

Rebuilt every Monday. The figures themselves are in the report.

6,452
priced listings behind this issue
9
industries, each with three size bands
10
marketplaces crawled, named in the report
1,484
sellers changed their asking price in 90 days

THE HEADLINE

Median asking multiples ran between about 1.5× and 3.5× earnings this week, depending on the industry.

Which industry sits where — and how wide the spread is inside each one — is in the report.

AND THE ONE SELLERS DON’T ADVERTISE

Of the 1,484 who moved their asking price, 89% moved it down.

The same listings observed twice, not a fresh sample — so that is sellers actually dropping their number. By industry, in the report.

What’s in it

Asking prices, divided by the earnings each seller claims. Not sale prices — nobody has those — but the number you actually negotiate against.

EVERY INDUSTRY’S SPREAD

The median, the middle half, and the outer tenths. A median alone can’t tell you whether the deal in front of you is normal or greedy.

SPLIT BY DEAL SIZE

Under $250K, up to $1M, and above. A corner shop and a $2M operator are not the same market, and in some industries the gap is close to threefold.

WHO IS CUTTING, AND BY HOW MUCH

Per industry: the share of sellers who dropped their price, and the size of the typical cut. Worth knowing before you make an offer.

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How this is calculated

Each week we take every live listing across the marketplaces we cover, divide the asking price by the listing’s stated SDE, and report the distribution. Listings without both figures are excluded, as are implausible multiples that indicate a typo rather than a deal. An industry is only published when at least 15 comparable listings exist — no figure is better than a figure built on eight businesses.

A small share of each figure comes from somewhere else: the deals people run through our free analyzer, stored anonymously. Those are real businesses being weighed by real buyers, which is why they count — and identical entries count once, so re-running the same deal cannot move the market. Only the last 90 days count.

The figures are the seller’s own. We have not verified them, and a stated SDE is a claim until someone checks it against the tax returns — which is the entire reason the rest of this product exists.

Where does your deal sit?

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Where these numbers come from

6,452 comparable businesses in this issue, compiled October 12, 2026. Each one is a live listing we crawl or an anonymized run of our own free analyzer, counted once:

Every figure is the seller’s own, as published: an asking price and a stated SDE. We have not audited either. Analyzer entries are figures a visitor typed in about a real deal they were weighing, stored without any identifying detail — they are not our estimates, and they are counted once however many times the button was pressed.