Essex County, NJ
Service Businesses For Sale


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Jacob Belt
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National Franchise Sales
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NFS turns a complex process into a smooth, speedy transaction. Since we work exclusively with franchise businesses, we understand that there are multiple parties involved in each transaction, and we stay on top of details like franchisor approval, lender requirements and lease assignments.
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| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 4,776 |
| Asking Price | $375,000 |
| Reported Revenue | $657,791 |
| Reported Seller's Discretionary Earnings | $168,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $189,000 | $375,000 | $900,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Service Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $324,000 | $94,029 |
| Median | $657,791 | $168,000 |
| Upper Quartile | $1,399,750 | $319,490 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Service Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.44 | 1.68 |
| Median | 0.74 | 2.62 |
| Upper Quartile | 1.12 | 3.64 |
FAQ's
How much does it cost to buy a Service Business?
The median asking price for an established Service Business is $375,000, though prices range from under $189,000 to well over $900,000.
How much do Service Businesses owners earn?
The median reported revenue of Service Businesses is $657,791 and owners earn a median of $168,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Service Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Service Businesses, revenue multiples range from 0.44 to 1.12, with a median of 0.74. Earning multiples range from 1.68 to 3.64, with the median at 2.62. This means the typical Service Business may ask for around 0.74 times its annual revenue, and 2.62 times its annual owner earnings.
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