Tenafly, NJ
$350,000
Tenafly, NJ
$350,000
New Jersey
$2,248,888
City Of Orange, NJ
$250,000
Morris County, NJ
$189,000
Monmouth County, NJ
$350,000
Fairfield, NJ
$150,000
River Edge, NJ
$190,000
Gloucester County, NJ
$250,000
Clifton, NJ
$125,000
Atlantic County, NJ
$1,795,000
Verona, NJ
$499,000
Monmouth County, NJ
$175,000
West Deptford, NJ
$149,900
New Jersey
$6,100,000
Union County, NJ
$400,000
Bergen County, NJ
$498,800
Daz Connell
Murphy Business & Financial Corporation
Serving Bergen County, NJ
Daz Connell has been awarded as a Top National Producer and Multi-Million Dollar Broker for the last 8 years running- 2016-2023. Daz has consistently ranked in the Top 10 nationally for business sale transactions, covering several industries. He's also a fellow entrepreneur who is 3x INC 500 Award Winner for Business. Murphy is the largest (IBISWorld 2015) and most successful business brokerage firm in North America with offices conveniently located throughout the United States and Canada. We are members of virtually all associations, group listing services and networks that exist in the business brokerage industry. We have unsurpassed access to buyers and sellers nationwide. Our proven process and system provides our clients a higher closing ratio than national averages. We promise that you will not find a more complete, thorough professional experience as the one Murphy Business and Financial Corporation can provide. Daz covers New Jersey and New York with a vast network of Buyers and Professionals (Attorneys, Accountants, Lenders) to ensure the sale of your business.
REAL ESTATE INCLUDED
Berlin Township, NJ
$4,900,000
Bergen County, NJ
$599,900
Morris County, NJ
$980,000
Wildwood, NJ
$69,900
Morris County, NJ
$99,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,900,000
Bergen County, NJ
$395,000
Passaic County, NJ
$150,000
Norwood, NJ
$90,000
REAL ESTATE INCLUDED
Mays Landing, NJ
$1,500,000
Morris County, NJ
$1,950,000
Passaic County, NJ
$299,900
Williamstown, NJ
$35,000
Bergen County, NJ
$95,000
Camden, NJ
$499,000
New Jersey
$289,000
Garfield, NJ
$199,000
Lumberton, NJ
$160,000
Ocean County, NJ
$185,000
Middlesex County, NJ
$140,000
Palisades Park, NJ
$1,100,000
Bergen County, NJ
$625,000
Union County, NJ
$259,000
Essex County, NJ
$379,000
Westville, NJ
$150,000
Morris County, NJ
$240,000
Monmouth County, NJ
$695,000
Morris County, NJ
$235,000
Rhonda Oc
Franchise Finder Consulting Firm
Serving Bergen County, NJ
My company has been in franchising and business brokerage for over 25 years. We can make your dream
Monmouth County, NJ
$225,000
Union County, NJ
$649,000
South Amboy, NJ
$259,900
Cumberland County, NJ
$995,000
Monmouth County, NJ
$600,000
Middlesex County, NJ
$799,000
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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More for Business Sellers: