Dorothy, NJ
$375,000
Bars, Pubs and Taverns For Sale in New Jersey
Market Info
Buy or Sell a Bar, Pub and Tavern in New Jersey
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 19 |
| Median Asking Price | $1,299,000 |
| Median Reported Revenue | $1,200,000 |
| Median Reported Seller's Discretionary Earnings | $350,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $637,500 | $1,299,000 | $2,100,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bars, Pubs and Taverns for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $1,025,000 | $181,500 |
| Median | $1,200,000 | $350,000 |
| Upper Quartile | $1,808,849 | $502,780 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Bars, Pubs and Taverns listed for sale in New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.50 | 2.00 |
| Median | 0.87 | 3.30 |
| Upper Quartile | 1.36 | 7.58 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Bar, Pub and Tavern in New Jersey?
The median asking price for an established Bar, Pub and Tavern in New Jersey is $1,299,000, though prices range from under $637,500 to well over $2,100,000.
How much do Bars, Pubs and Taverns owners in New Jersey earn?
The median reported revenue of Bars, Pubs and Taverns in New Jersey is $1,200,000 and owners earn a median of $350,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Bar, Pub and Tavern?
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 Bars, Pubs and Taverns in New Jersey, revenue multiples range from 0.50 to 1.36, with a median of 0.87. Earning multiples range from 2.00 to 7.58, with the median at 3.30. This means the typical Bar, Pub and Tavern in New Jersey may ask for around 0.87 times its annual revenue, and 3.30 times its annual owner earnings.
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