Middlesex County, NJ
$150,000
Middlesex County, NJ
$150,000
Essex County, NJ
$375,000
Burlington County, NJ
$105,000
Palisades Park, NJ
$450,000
Essex County, NJ
$1,500,000
Hudson County, NJ
$125,000
Hudson County, NJ
$999,999
Morristown, NJ
$320,000
Monmouth County, NJ
$299,000
Essex County, NJ
$375,000
Hudson County, NJ
$150,000
Middlesex County, NJ
$395,000
Essex County, NJ
$599,000
REAL ESTATE INCLUDED
Union County, NJ
$1,600,000
Passaic County, NJ
$380,000
Passaic County, NJ
$69,000
Cole Conroy
The Obsidian Group
Serving Bergen County, NJ
Obsidian is a leading firm specializing in commercial real estate investment, business brokering, and commercial and industrial management. With 75 years of collective experience, we offer unparalleled expertise and a proven track record of success. Our headquarters are located in Bend, Oregon, and we proudly serve clients statewide with dedicated brokers in Portland, Eugene, Christmas Valley, and Ashland. Additionally, we have expanded our reach to Idaho, Texas, Montana, and beyond, continuously growing to meet our clients' needs. Cole, our esteemed Business Broker, drives Obsidian's success with dedication, sharp negotiation skills, and market insights. Her strategic vision, exceptional communication, and market expertise make her an invaluable asset to clients. Cole ensures transparent communication, fosters trust, and empowers clients to make informed decisions. Whether buying, selling, or managing commercial properties or businesses, Obsidian is committed to delivering exceptional results and unparalleled service.
Palisades Park, NJ
$110,000
Fairfield, NJ
$140,000
Somerset County, NJ
$139,000
Essex County, NJ
$539,000
Hudson County, NJ
$1,000,000
Morris County, NJ
$299,000
Morris County, NJ
$325,000
REAL ESTATE INCLUDED
Somerset County, NJ
Not Disclosed
EBITDA: $1
Cumberland County, NJ
$2,650,000
New Jersey
$2,500,000
Bergen County, NJ
$988,000
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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