Morris County, NJ
$99,000
Morris County, NJ
$99,000
Monmouth County, NJ
$150,000
Westfield, NJ
$280,000
Bergen County, NJ
$125,000
Essex County, NJ
$400,000
Bergen County, NJ
$150,000
New Jersey
$120,000
Morris County, NJ
$1,474,000
Salem County, NJ
$100,000
New Jersey
$6,100,000
Available in New Jersey
$50,000
Essex County, NJ
$150,000
Somerville, NJ
$1,100,000
$25,000
Wood-Ridge, NJ
Monmouth County, NJ
$3,950,000
Sea Isle City, NJ
$110,000
Mike Handy
Handy
Serving Middlesex County, NJ
Our goal is to help you navigate the process of franchise ownership. Whether that means starting with one to multiple units or adding to an existing business portfolio, we are here to help. Franchise Experts are dedicated to providing you with a hassle-free way to explore franchise opportunities and free resources to help you make a better decision.
Burlington County, NJ
$720,000
Boonton, NJ
$795,000
Cumberland County, NJ
$1,100,000
Garfield, NJ
$100,000
Bergen County, NJ
$125,000
Available Nationwide
$250,000
Northvale, NJ
$99,000
REAL ESTATE INCLUDED
Union Beach, NJ
$675,000
$419,999
Jersey City, NJ
Point Pleasant Beach, NJ
$175,000
Bergen County, NJ
$535,000
Union, NJ
$799,000
Hudson County, NJ
$379,000
Teaneck, NJ
$140,000
Somerset County, NJ
$330,000
New Jersey
$799,000
Available in New Jersey
$250,000
Morristown, NJ
$75,000
East Brunswick, NJ
$250,000
$400,000
Teaneck, NJ
REAL ESTATE INCLUDED
Cape May County, NJ
$3,200,000
Morris County, NJ
$450,000
Available in New Jersey
$100,000
Monmouth County, NJ
$3,000,000
Kenilworth, NJ
$200,000
Essex County, NJ
$300,000
Middlesex County, NJ
$225,000
Union County, NJ
$1,299,999
Simon Kim
RE/MAX NOW
Serving Bergen County, NJ
Bergen County, NJ
$795,000
Monmouth County, NJ
$660,000
$130,000
Hudson County, NJ
New Brunswick, NJ
$265,000
Clifton, NJ
$150,000
Available in New Jersey
$150,000
Atlantic County, NJ
$1,790,000
Bergen County, NJ
$155,000
Burlington County, NJ
$125,000
Toms River, NJ
$179,900
Bergen County, NJ
$165,000
Hudson County, NJ
$300,000
Long Branch, NJ
$575,000
Atlantic County, NJ
$200,000
Hoboken, NJ
$425,000
Available in New Jersey
$75,000
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in New Jersey and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed |
479 |
Median Asking Price |
$344,000 |
Median Reported Revenue |
$780,000 |
Median Reported Earnings |
$174,180 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New Jersey Restaurant Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.37 |
1.76 |
Median |
0.50 |
2.29 |
Upper Quartile |
0.69 |
3.02 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in New Jersey?
The median asking price for restaurants in New Jersey is $344,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in New Jersey is $174,180. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in New Jersey valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of New Jersey restaurant business listings, revenue multiples range from 0.37 to 0.69, with the median at 0.50. Earnings multiples range from 1.76 to 3.02, with the median at 2.29. This means restaurants in New Jersey are valued, on average, around 0.50 times annual revenue, and/or 2.29 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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