Hudson County, NJ
$75,000
Hudson County, NJ
$75,000
Montville Township, NJ
$675,000

Woodbridge, NJ
$1,799,000

Passaic County, NJ
$4,000,000
Atlantic County, NJ
$400,000
New Jersey
$2,500,000
Sicklerville, NJ
$100,000
Middlesex County, NJ
$199,999
Middlesex County, NJ
$169,999
Tulsa, NJ
$490,000
Available in New Jersey
$49,999
New Jersey
$1,100,000
Wayne, NJ
$549,999
Berlin, NJ
$135,000
Flemington, NJ
$565,000
Keasbey, NJ
$379,900
Darren Smith
Serving Essex County, NJ
Murphy Business is one of the largest and most successful business brokerage firms in the country with over 100 offices conveniently located throughout the United States and Canada. Our office is strategically located in Montclair, New Jersey (NJ) where the suburbs meet the city. With New York City (NYC) and the Metro New York suburbs on our doorstep our office is perfectly positioned to service our diverse clientele. Darren Smith and the Montclair Business broker team can help you sell your business or help you find the right one to buy. Choosing to partner with a national business brokerage provides advantageous reach.
Toms River, NJ
$169,000
Ocean County, NJ
$2,800,000
Essex County, NJ
$199,000
REAL ESTATE INCLUDED
Camden County, NJ
$4,200,000
Available in New Jersey
$100,000
REAL ESTATE INCLUDED
New Jersey
$2,200,000
Cherry Hill, NJ
$400,000
New Jersey
$249,900
Vineland, NJ
$259,999
New Jersey
$900,000
Maywood, NJ
$629,000
Somerset County, NJ
$1,650,000
Marlboro, NJ
$450,000
Bergen County, NJ
$600,000
Available in New Jersey
$60,000
Carlstadt, NJ
$4,250,000
Maple Shade, NJ
$200,000
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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