Paramus, NJ
$400,000
Paramus, NJ
$400,000
Monmouth County, NJ
$635,000
Warren County, NJ
$175,000
Burlington, NJ
$250,000
Monmouth County, NJ
$925,000
New Jersey
$2,500,000
Bergen County, NJ
$6,350,000
REAL ESTATE INCLUDED
New Jersey
$495,000
Monmouth County, NJ
$1,150,000
Paterson, NJ
$3,500,000
Available in New Jersey
$75,000
Morris County, NJ
$1,600,000
Hackettstown, NJ
$289,000
$450,000
Newfield, NJ
Piscataway, NJ
$239,000
Quakertown, NJ
$299,000
Paul Visokey
Stony Hill Advisors
Serving Mercer County, NJ
Why Stony Hill? The team at Stony Hill Advisors delivers unparalleled business transaction experience whether you are buying or selling a small business. We focus on selling companies in New Jersey, Delaware, and Pennsylvania. We employ an in-depth consultative approach to understand your business exit strategy, financial goals, and retirement objectives. The Stony Hill Business Broker truly does help his clients have a remarkable experience. These include: Business Scope 360°™ Consultative Session Before we partner with our clients, Stony Hill Business Brokers completes a panoramic, comprehensive, and consultative review of our clients' business goals and personal needs; we ask the tough questions so we can provide the best recommendations for a better and more profitable experience. We are committed to the success of each one of our clients and offer a personalized approach few can match. Business Parallels™ Matching System Of course, you want to buy or sell a small business, but you also want to make sure the fit is right. At Stony Hill Business Brokers, we find the right match for our clients who are buying or selling a small business to ensure a smoother, easier, and more compatible transaction. By profiling our clients' businesses through our Business Parallels program, we create a database of both buyers and sellers who can be identified as the right partner. RealValue™ Pricing System Sure, it's about the price, but it's also about value! At Stony Hill Advisors, we know how to set a realistic price that is built around an in-depth valuation process. By identifying key variables that can affect a business' selling price and overall value, we'll make sure the price is fair, competitive, and lucrative to potential buyers. Foundations™ Business Sale Planning You may not be quite ready to sell your business; we understand that. Stony Hill Advisors has developed a unique approach to help. We will establish milestones outlining the recommended "critical path" to help you reach the goal of getting you the right selling price at that right time. Pro-Step™ Business Transition Planning Services Stony Hill Advisors understands the sensitive nature of a business sale, and that sometimes information about the transaction needs to be kept confidential or communicated in phases to employees, outside contacts and others. Our exclusive Pro-Step Business Transition Planning Services provide a detailed plan-of-action to gradually unroll your business exit strategy plans at the right time and to the right people. Due Diligence Documentation Buyer beware! No truer words were ever spoken. Stony Hill Business Advisors realizes buying a business is one of the toughest decisions you'll ever make. You need to feel completely confident in the history of the business, the books, creditors, debtors and more. Our Due Diligence Documentation program works to uncover what's behind the sale to make sure you know all the facts - good and not-so-good. Uni-Lend™ Centralized Database Stony Hill Advisors has built strong relationships with reputable lenders all over the region and we pass along the benefits of this to our clients. We'll search our database to find a set of lender recommendations that best meet your criteria and needs. The Entrepreneurs Advantage™ At Stony Hill Advisors, our business is managed and run by entrepreneurs. Who better understands the intricacies and nuances so critical to any business sale or purchase? Our experience, understanding, knowledge and real-world views help make your experience with Stony Hill Business Advisors remarkable in every way.
Bergen County, NJ
$1,200,000
Camden County, NJ
$50,000
Union County, NJ
$1,000,000
Franklin Township, NJ
$100,000
Ocean County, NJ
$450,000
Available Nationwide
$150,000
Little Silver, NJ
$125,000
Bergen County, NJ
$980,000
Denville, NJ
$220,000
Ramsey, NJ
$99,500
Short Hills, NJ
$595,000
Hoboken, NJ
$105,000
Morris County, NJ
$490,000
Summit, NJ
$240,000
New Jersey
$3,000,000
Available Nationwide
$50,000
Somerville, NJ
$1,700,000
New Jersey
$550,000
New Jersey
$1,650,000
Monmouth County, NJ
$350,000
Available Nationwide
$80,000
Woodbridge, NJ
$19,900
Middlesex County, NJ
$120,000
Bergen County, NJ
$590,000
Vineland, NJ
$130,000
Medford, NJ
$109,400
Mercer County, NJ
$85,000
Morris County, NJ
$125,000
Brian Elkin
Elkin & Lee Realty & Business Advisors
Serving Bergen County, NJ
Elkin & Lee Business and Realty Advisors is a boutique agency concentrating on businesses ranging in sales from $500,000 to $20 million. The company has extensive business relationships with small business owners, entrepreneurs, investors, developers, business and real estate brokers throughout the Tri-State area. Our listings on BROKERWORKS/BIZBUYSELL represent only a small selection of our excellent and exclusive business opportunities in many different industries and cater to buyers with all levels of available funds. All listings are supported with financial information that is fully verifiable. We currently represent over 100 businesses that offer an excellent return on investment for qualified buyers. This inventory is coupled with our excellent banking connections allowing us to help facilitate SBA Loans for qualified buyers. We handle all your paperwork. Elkin & Lee Business and Realty Advisors proudly represents both buyers and sellers, who put their trust in us to best represent their business and interests. Call or email us today to find a business for you or to discuss selling your business. Elkin & Lee Business and Realty Advisors, we work to help you secure your future.
New Jersey
$499,000
Edison, NJ
$220,000
Available in New Jersey
$30,000
Jersey City, NJ
$825,000
Cape May County, NJ
$150,000
New Jersey
$1,050,000
Trenton, NJ
$99,000
Gloucester Township, NJ
$165,000
Camden County, NJ
$210,000
Union County, NJ
$550,000
Camden County, NJ
$90,000
Jersey City, NJ
$2,300,000
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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