UK business valuation multiples by sector
Typical valuation multiples for UK small and medium businesses, by sector, with the drivers that move a business above or below the range.
- accountancy practice valuation: 0.8-1.2× gross recurring fees (larger practices: ~4-6× EBITDA)
- domiciliary care valuation: 3-3.5× EBITDA (well-run single branch)
- plumbing and HVAC valuation: 3-5× adjusted profit
- dental practice valuation: 6.5-9.5× EBITDA
- IT managed services valuation: 6-12× EBITDA
- ecommerce brand valuation: 2.5-5× net profit
- veterinary practice valuation: ~6-7× EBITDA (indicative)
- recruitment agency valuation: ~1.5-2.0× NFI (specialists may support higher EBITDA multiples)
- manufacturing business valuation: ~3.3-5× EBITDA (niche may support higher)
- pub and restaurant valuation: ~2.5-6× maintainable profit (tenure dependent)
- salon valuation: ~1.5-3× adjusted profit (indicative)
- garage and MOT valuation: ~2-3.5× adjusted profit (indicative)
- nursery valuation: ~3-7× EBITDA (indicative)
- cleaning business valuation: ~2.5-4× adjusted profit (indicative)
- logistics business valuation: ~3-5× EBITDA (indicative)
- construction business valuation: ~2.5-4.5× adjusted earnings (indicative)
- care home valuation: ~5-12× EBITDA (build and occupancy dependent)