Maywood, NJ
$629,000
Service Businesses in NJ For Sale
Market Info
Long Established Profitable Dry Cleaner with Alteration /Tailoring
Structural Engineering and Related Services Company
New Jersey
$2,500,000
Distribution & Manufacturing of Quality Metal Products! (37980)
New Jersey
$425,000
Commercial Specialty Sanitation Company
Somerset County, NJ
$1,650,000
"Dry Cleaner for sale (Drop shop & Plant)"
Marlboro, NJ
$450,000
Electrical Contracting. GREAT REPEAT Customer List. Top Rated.
Bergen County, NJ
$600,000
Upscale Sandwich/ Catering FOR SALE!
Monmouth County, NJ
$700,000
High Gross Profits: Property Damage and Restoration Company
Charlotte, NJ
$140,000
Complete Landscape Design, Construction & Maintenance Company
Carlstadt, NJ
$4,250,000
Dry Cleaner in Maple Shade, NJ
Maple Shade, NJ
$200,000
FranchiseFootprints Floors
Available in New Jersey
$75,000
Full Kitchen/Catering with/without Liquor License 44
Morris County, NJ
$299,000
Buy or Sell a Service Business in New Jersey
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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