Teaneck, NJ
$55,000
Teaneck, NJ
$55,000
Passaic, NJ
$280,000
New Jersey
$1,900,000
Hudson County, NJ
$550,000
Monmouth County, NJ
$210,000
Passaic County, NJ
$450,000
Montclair, NJ
$155,000
Pequannock Township, NJ
Middlesex County, NJ
$125,000
Bergen County, NJ
$1,700,000
Available Nationwide
$50,000
West Berlin, NJ
$500,000
Hamilton Township, NJ
$229,000
$279,500
Mercer County, NJ
Toms River, NJ
$450,000
Warren County, NJ
$1,200,000
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.
New Brunswick, NJ
$150,000
New Jersey
$799,000
Essex County, NJ
$2,000,000
South River, NJ
$120,000
Upper Saddle River, NJ
$47,500
Available Nationwide
$200,000
Ramsey, NJ
$99,500
New Jersey
$399,000
$199,000
Essex County, NJ
Cape May County, NJ
$250,000
Monmouth County, NJ
$99,000
Passaic County, NJ
$750,000
Bergen County, NJ
$499,000
Monmouth County, NJ
$249,999
New Jersey
$2,650,000
Passaic, NJ
$1,300,000
Available Nationwide
$105,000
Elizabethport, NJ
$399,000
Newark, NJ
$175,000
$350,000
Long Branch, NJ
New Jersey
$350,000
Ridgewood, NJ
$100,000
Available Nationwide
$30,000
Essex County, NJ
$1,200,000
Middlesex County, NJ
$1,800,000
Bayonne, NJ
$1,600,000
New Jersey
$775,000
Bergen County, NJ
$390,000
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
Ocean County, NJ
$145,000
Ocean County, NJ
$189,000
$20,000
Brick Township, NJ
New Jersey
$98,000
Passaic County, NJ
$69,000
Available in New Jersey
$49,999
Burlington County, NJ
$135,000
Runnemede, NJ
$350,000
Burlington, NJ
$200,000
New Jersey
$210,000
New Jersey
$215,000
New Jersey
$210,000
Bellmawr, NJ
$350,000
Oakland, NJ
$200,000
Paramus, NJ
$400,000
Available in New Jersey
$100,000
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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