Essex County, NJ
$375,000
Essex County, NJ
$375,000
Burlington County, NJ
$105,000
Palisades Park, NJ
$450,000
Monmouth County, NJ
$450,000
Essex County, NJ
$1,500,000
Little Ferry, NJ
$850,000
Hudson County, NJ
$125,000
Hudson County, NJ
$999,999
Morristown, NJ
$320,000
Ocean County, NJ
$350,000
Monmouth County, NJ
$299,000
Essex County, NJ
$375,000
Hudson County, NJ
$150,000
Middlesex County, NJ
$395,000
Bergen County, NJ
$290,009
Essex County, NJ
$599,000
Rocco D'Armiento
BHHS Fox & Roach
Serving Mercer County, NJ
Berkshire Hathaway HomeServices Fox & Roach, REALTORS®, is a part of HomeServices of America, the nation's second largest provider of total home services. Through its affiliate, the Trident Group, the company provides one-stop shopping and facilitated services to its clients including mortgage financing, and title, property and casualty insurance.
REAL ESTATE INCLUDED
Union County, NJ
$1,600,000
Ridgewood, NJ
$498,000
Passaic County, NJ
$380,000
Passaic County, NJ
$69,000
Palisades Park, NJ
$110,000
Fairfield, NJ
$140,000
Somerset County, NJ
$139,000
Essex County, NJ
$539,000
Hudson County, NJ
$1,000,000
Morris County, NJ
$299,000
Morris County, NJ
$325,000
REAL ESTATE INCLUDED
Somerset County, NJ
Cumberland County, NJ
$2,650,000
New Jersey
$2,500,000
Bergen County, NJ
$988,000
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in New Jersey and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed |
479 |
Median Asking Price |
$344,000 |
Median Reported Revenue |
$780,000 |
Median Reported Earnings |
$174,180 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New Jersey Restaurant Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.37 |
1.76 |
Median |
0.50 |
2.29 |
Upper Quartile |
0.69 |
3.02 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in New Jersey?
The median asking price for restaurants in New Jersey is $344,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in New Jersey is $174,180. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in New Jersey valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of New Jersey restaurant business listings, revenue multiples range from 0.37 to 0.69, with the median at 0.50. Earnings multiples range from 1.76 to 3.02, with the median at 2.29. This means restaurants in New Jersey are valued, on average, around 0.50 times annual revenue, and/or 2.29 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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