Middlesex County, NJ
$120,000
Middlesex County, NJ
$120,000
Bergen County, NJ
$699,000
Vineland, NJ
$130,000
Medford, NJ
$109,400
Mercer County, NJ
$85,000
Morris County, NJ
$125,000
New Jersey
$499,000
Edison, NJ
$220,000
Jersey City, NJ
$825,000
Cape May County, NJ
$150,000
Available in New Jersey
$50,000
New Jersey
$1,050,000
Trenton, NJ
$99,000
Gloucester Township, NJ
$165,000
Camden County, NJ
$210,000
Ziggy Marszalek
BizBrokerage Hub
Serving Bergen County, NJ
Biz Brokerage Hub is a business brokerage firm that can assist you with placing your business up for sale, buying a franchise, locating an online business for sale or selecting a new business opportunity to buy. As seasoned business brokers, we have arranged for the sale and purchase of car washes, laundromats, spas, restaurants, services businesses, retail businesses, technology firms and the list goes on. If you are an individual looking for the right deal or a financial institution seeking a first-class team to handle a single transaction, multiple-asset acquisitions and representation across the United States, we have the experience, the technology and the organization to get the job done.
Union County, NJ
$550,000
Camden County, NJ
$90,000
Jersey City, NJ
$2,300,000
Union County, NJ
$450,000
Bergen County, NJ
Cash Flow: $2,500,000
Available in New Jersey
$50,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
New Jersey
$1,800,000
Monmouth County, NJ
$795,000
Morris County, NJ
$980,000
Merchantville, NJ
$40,000
New Jersey
$500,000
Bordentown, NJ
$140,000
Ocean, NJ
$195,000
Available in New Jersey
$30,000
Hackettstown, NJ
$195,000
Ocean County, NJ
$295,000
Piscataway, NJ
$345,000
Essex County, NJ
$350,000
Available Nationwide
$50,000
Cherry Hill, NJ
$100,000
Mercer County, NJ
$10,500,000
Jackson, NJ
$295,000
Ocean County, NJ
$160,000
Woodland Park, NJ
$3,750,000
Lionel Cruz
NextHome Prime
Serving Hudson County, NJ
Residential & Commercial Real Estate Brokerage.
Cherry Hill, NJ
$700,000
Garwood, NJ
$270,000
Brigantine, NJ
$149,000
Parsippany, NJ
$675,000
Available in New Jersey
$75,000
Sussex, NJ
$245,000
Cherry Hill, NJ
$2,500,000
Passaic County, NJ
$4,000,000
Atlantic County, NJ
$575,000
New Jersey
$2,500,000
Sicklerville, NJ
$100,000
New Jersey
$5,900,000
Bergen County, NJ
$700,000
Morris County, NJ
$600,000
Available in New Jersey
$150,000
For those in the market to buy or sell a service business in New Jersey, it’s crucial to gain an understanding of how the market values these businesses, and what average financial performance looks like. To that end, we have aggregated listings data to surface current valuation multiples and typical financials of New Jersey service businesses.
Market Overview
Number of Businesses Analyzed |
142 |
Median Asking Price |
$432,400 |
Median Reported Revenue |
$538,000 |
Median Reported Earnings |
$200,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New Jersey Service Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.51 |
1.99 |
Median |
0.84 |
2.65 |
Upper Quartile |
1.16 |
3.58 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Service Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a service business in New Jersey?
Prices vary depending on sales volume and financial performance, but the median asking price for a service business in New Jersey is approximately $432,400.
How much do service business owners earn?
These businesses vary in sales volume, but New Jersey service business owners report median annual sales of $538,000 and annual owner earnings of $200,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a service business?
Valuing a service business involves considering several factors, including annual revenue, profit, owner earnings, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples of service businesses in New Jersey range from 0.51 to 1.16, with the median at 0.84. Earnings multiples range from 1.99 to 3.58, with the median at 2.65. These values indicate that a typical service business in New Jersey may sell for around 0.84 times its annual revenue, and 2.65 times its annual owner’s earnings.
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