Springfield, NJ
$300,000
Springfield, NJ
$300,000

New Jersey
$650,000
Ocean County, NJ
$189,000
Passaic County, NJ
$69,000
New Jersey
$249,000
New Jersey
$2,250,000
South Plainfield, NJ
$800,000
Mercer County, NJ
Not Disclosed
Cash Flow: $440,000
Ocean County, NJ
$1,300,000
Burlington County, NJ
$135,000
Available in New Jersey
$110,000
Cherry Hill, NJ
$150,000
Cherry Hill, NJ
$150,000
$20,000
Brick Township, NJ
Atlantic County, NJ
$700,000
Little Silver, NJ
$125,000
Dana Stetson
First Choice Business Brokers
Serving Sussex County, NJ
First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale.
Passaic County, NJ
$1,950,000
Clark, NJ
$450,000
New Jersey
$175,000
Bergen County, NJ
$849,000
Sussex County, NJ
$60,000
Available in New Jersey
$125,000
Hackensack, NJ
$100,000
Bergen County, NJ
$700,000
$120,000
Morristown, NJ
Bergen County, NJ
$625,000
Monmouth County, NJ
$380,000
Flemington, NJ
$145,000
Middletown, NJ
$299,000
New Jersey
$249,000
New Jersey
$10,800,000
Essex County, NJ
$2,500,000
Available in New Jersey
$60,000
Ramsey, NJ
$330,000
Sparta, NJ
$405,000
$2,999,999
Essex County, NJ
Mercer County, NJ
$295,000
Union County, NJ
$169,000
Available in New Jersey
$60,000
Passaic, NJ
$280,000
New Jersey
$1,900,000
Hudson County, NJ
$550,000
Cherry Hill, NJ
$219,900
Monmouth County, NJ
$210,000
Peter Becchina
eXp Commercial
Serving Cape May County, NJ
Specializing In Solutions
Passaic County, NJ
$450,000
Pequannock Township, NJ
Not Disclosed
$450,000
Newfield, NJ
Bergen County, NJ
$1,700,000
West Berlin, NJ
$500,000
Available in New Jersey
$50,000
Hamilton Township, NJ
$229,000
Warren County, NJ
$1,200,000
New Brunswick, NJ
$150,000
New Jersey
$799,000
Essex County, NJ
$2,000,000
Upper Saddle River, NJ
$47,500
Ramsey, NJ
$99,500
New Jersey
$399,000
Cape May County, NJ
$250,000
Available Nationwide
$50,000
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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