How much is a business listed under arts, entertainment, and recreation worth in New York?

From 2023 to 2026, businesses listed under arts, entertainment, and recreation with 1 to 4 staff sold for about $140K to $590K, with a middle price of about $280K, based on 144 purchases. A business's own value depends on its revenue, profit and owner pay.

How current is the information about Lips LLC?

The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.

How can the owner of Lips LLC get a valuation?

Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

Lips LLC

Sports Teams and Clubs · Stony Brook, NY

Lips LLC is a business in Stony Brook, New York, listed under sports teams and clubs, with 1 to 4 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $140K to $590K.

Public record

Industry: Sports Teams and Clubs (NAICS 711211, as reported by the business)
Location: Stony Brook, New York
Staff: 1 to 4 people (as reported in 2020 to 2021)
Registration: Active (as of October 2026)
Formed: July 13, 2001
As of: 2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Arts, Entertainment, and Recreation with 1 to 4 staff, bought 2023 to 2026. Based on 144 purchases.

Loans used to buy them

$120K to $500K

Middle loan about $240K

Estimated purchase prices

$140K to $590K

Middle price about $280K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Lips LLC.

Financials of businesses like this

Average revenue

$454K

a year

Average payroll

$92K

20% of revenue

Average staff

1.4

people

US averages for sports teams and clubs with fewer than 5 staff, 2022 (668 businesses). These are not Lips LLC's own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under arts, entertainment, and recreation worth in New York?: From 2023 to 2026, businesses listed under arts, entertainment, and recreation with 1 to 4 staff sold for about $140K to $590K, with a middle price of about $280K, based on 144 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Lips LLC?: The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Lips LLC get a valuation?: Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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