Ramsey, NJ
$99,500
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
Somerville, NJ
$1,700,000
New Jersey
$550,000
New Jersey
$1,650,000
Monmouth County, NJ
$350,000
Available in New Jersey
$75,000
Woodbridge, NJ
$19,900
Middlesex County, NJ
$120,000
$129,000
Bernards, NJ
Bergen County, NJ
$699,000
Vineland, NJ
$130,000
Michael Farruggia
Synergy Business Brokers
Serving Bergen County, NJ
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Medford, NJ
$109,400
Mercer County, NJ
$85,000
Morris County, NJ
$125,000
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
$450,000
Newfield, NJ
New Jersey
$1,050,000
Trenton, NJ
$99,000
Gloucester Township, NJ
$165,000
Camden County, NJ
$210,000
New Jersey
$1,050,000
Union County, NJ
$550,000
Camden County, NJ
$90,000
Available in New Jersey
$150,000
Jersey City, NJ
$2,300,000
Union County, NJ
$450,000
Bergen County, NJ
Cash Flow: $2,500,000
New Jersey
$750,000
Available in New Jersey
$100,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
New Jersey
$1,800,000
Monmouth County, NJ
$795,000
New Jersey
$1,180,000
Morris County, NJ
$980,000
Todd Katz
Douglas Elliman
Serving Monmouth County, NJ
The Katz Team from Douglas Elliman has over 50 years combined experience in helping their clients with their commercial, residential and investment needs. They have a wide experience in helping businesses expand or sell for whatever reason. Clients include Rook Coffee, PlayaBowls, Joe's Bagel and Grill, Meemom's Cafe, Hoagitos, Saint Barnabas Health Care, Salvation Army etc....
Merchantville, NJ
$40,000
New Jersey
$500,000
Bordentown, NJ
$140,000
Available in New Jersey
$70,000
Ocean, NJ
$195,000
Hackettstown, NJ
$195,000
Ocean County, NJ
$295,000
Piscataway, NJ
$345,000
Essex County, NJ
$350,000
Cherry Hill, NJ
$100,000
Mercer County, NJ
$10,500,000
Jackson, NJ
$295,000
Ocean County, NJ
$160,000
Available in New Jersey
$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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