Mercer County, NJ
$85,000
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
Trenton, NJ
$99,000
Gloucester Township, NJ
$165,000
Camden County, NJ
$210,000
Union County, NJ
$550,000
Available in New Jersey
$50,000
Camden County, NJ
$90,000
Jersey City, NJ
$2,300,000
Union County, NJ
$450,000
Bergen County, NJ
Not Disclosed
Cash Flow: $2,500,000
Monmouth County, NJ
$600,000
Michael Meyer, CBI
Benjamin Ross Group
Serving Bergen County, NJ
The Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisition firm in the Mid-Atlantic Region. With over 30 years experience, the professional business brokers at Benjamin Ross Group are the experts. We represent well managed businesses, regardless of their size. When making a significant financial decision, you owe it to yourself to....Experience the Professional Difference. For more information, go to: www.BenjaminRossGroup.com
Atlantic Highlands, NJ
$175,000
New Jersey
$1,800,000
Monmouth County, NJ
$795,000
Merchantville, NJ
$40,000
Available in New Jersey
$25,340
New Jersey
$500,000
Bordentown, NJ
$140,000
Ocean, NJ
$195,000
Hackettstown, NJ
$195,000
Ocean County, NJ
$295,000
Piscataway, NJ
$345,000
Essex County, NJ
$350,000
Cherry Hill, NJ
$100,000
Mercer County, NJ
$10,500,000
Available Nationwide
$50,000
Jackson, NJ
$295,000
Woodland Park, NJ
$3,750,000
Cherry Hill, NJ
$700,000
Wayne, NJ
$674,999
Available in New Jersey
$150,000
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
Lexington, NJ
$167,900
New Jersey
$5,900,000
Nicky Franklin
The Franklin Group
Serving Bergen County, NJ
At the Franklin Group, our advisors help you achieve your financial goals through franchise and business ownership. We specialize in the health and wellness sector and that includes resales, and new franchises. Franklin Business Group Franchise Advisors personally work with entrepreneurs to match them with the best fit franchise based on their abilities, goals and resources. As serial entrepreneurs, we understand the business from the Franchisor and Franchisees perspective to help simplify the process.
Morris County, NJ
$600,000
Available in New Jersey
$75,000
Middlesex County, NJ
$199,999
Middlesex County, NJ
$169,999
Tulsa, NJ
$490,000
Hudson County, NJ
$135,000
New Jersey
$1,100,000
Old Bridge, NJ
$750,000
Livingston, NJ
$299,999
Berlin, NJ
$135,000
Flemington, NJ
$565,000
Available in New Jersey
$20,000
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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