Cherry Hill, NJ
$400,000
Cherry Hill, NJ
$400,000

New Jersey
$750,000

Monmouth County, NJ
$125,000

New Jersey
$249,900
Vineland, NJ
$259,999
New Jersey
$2,000,000
New Jersey
$900,000
Maywood, NJ
$629,000
New Jersey
$2,500,000
New Jersey
$425,000
Available in New Jersey
$20,000
Somerset County, NJ
$1,650,000
Marlboro, NJ
$450,000
Bergen County, NJ
$600,000
Carlstadt, NJ
$4,250,000
Larry Bono
Lawrence Associates
Serving Burlington County, NJ
Lawrence Associates is a route brokerage specializing in mergers and acquisitions for FedEx Ground businesses. Our exclusive focus on this industry niche allows us to ensure transparency, fairness, and a smooth transaction for our buyers and sellers. We represent both buyers and sellers and work with you through every step of the process, including diligence, FedEx approvals, and transition.
Maple Shade, NJ
$200,000
Morris County, NJ
$299,000
Middlesex County, NJ
$625,000
Pemberton Township, NJ
$2,000
Bergen County, NJ
$125,000
Available in New Jersey
$30,000
Atlantic County, NJ
$349,999
Ocean County, NJ
$499,000
Ventnor City, NJ
$2,900,000
Belvidere, NJ
$995,000
Berlin, NJ
$599,900
Jackson, NJ
Not Disclosed
Rahway, NJ
$1,000,000
New Jersey
$6,000,000
Livingston, NJ
$2,200,000
Available Nationwide
$30,000
Lawnside, NJ
Not Disclosed
Berlin, NJ
$249,900
Elizabethport, NJ
$880,000
Cumberland County, NJ
$3,100,000
Available in New Jersey
$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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