Somerset County, NJ
Other Restaurants and Food Businesses in NJ For Sale
Buy or Sell an Other Restaurant and Food Business in New Jersey
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 55 |
| Asking Price | $299,000 |
| Reported Revenue | $650,000 |
| Reported Seller's Discretionary Earnings | $155,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $172,500 | $299,000 | $499,499 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Restaurants and Food Businesses for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $472,500 | $110,300 |
| Median | $650,000 | $155,000 |
| Upper Quartile | $1,150,000 | $255,794 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Restaurants and Food Businesses listed for sale in New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.32 | 1.40 |
| Median | 0.46 | 2.06 |
| Upper Quartile | 0.55 | 2.78 |
FAQ's
How much does it cost to buy an Other Restaurant and Food Business in New Jersey?
The median asking price for an established Other Restaurant and Food Business in New Jersey is $299,000, though prices range from under $172,500 to well over $499,499.
How much do Other Restaurants and Food Businesses owners in New Jersey earn?
The median reported revenue of Other Restaurants and Food Businesses in New Jersey is $650,000 and owners earn a median of $155,000, which includes the owners salary and any other financial benefits they receive.
How do I value an Other Restaurant and Food Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Other Restaurants and Food Businesses in New Jersey, revenue multiples range from 0.32 to 0.55, with a median of 0.46. Earning multiples range from 1.40 to 2.78, with the median at 2.06. This means the typical Other Restaurant and Food Business in New Jersey may ask for around 0.46 times its annual revenue, and 2.06 times its annual owner earnings.
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