Belvidere, NJ
$995,000
Belvidere, NJ
$995,000
Berlin, NJ
$599,900
Jackson, NJ
Rahway, NJ
$1,000,000
Union County, NJ
$200,000
New Jersey
$6,000,000
Livingston, NJ
$2,200,000
Lawnside, NJ
Berlin, NJ
$249,900
Matawan, NJ
$2,590,000
Available Nationwide
$50,000
Elizabethport, NJ
$880,000
Cumberland County, NJ
$3,100,000
$40,000
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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