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Available Nationwide
New Jersey
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Larry Bono
Lawrence Associates
Serving Burlington County, NJ
Lawrence Associates is a route brokerage specializing in mergers and acquisitions for FedEx Ground businesses. Our exclusive focus on this industry niche allows us to ensure transparency, fairness, and a smooth transaction for our buyers and sellers. We represent both buyers and sellers and work with you through every step of the process, including diligence, FedEx approvals, and transition.
Scotch Plains, NJ
New Jersey
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 5 |
| Asking Price | $370,000 |
| Reported Revenue | $584,500 |
| Reported Seller's Discretionary Earnings | $297,854 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $340,000 | $370,000 | $795,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Financial Services Businesses for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $247,500 | $176,111 |
| Median | $584,500 | $297,854 |
| Upper Quartile | $700,000 | $403,657 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Financial Services Businesses listed for sale in New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.22 | 2.07 |
| Median | 1.42 | 2.24 |
| Upper Quartile | 1.48 | 2.51 |
FAQ's
How much does it cost to buy an Other Financial Service Business in New Jersey?
The median asking price for an established Other Financial Service Business in New Jersey is $370,000, though prices range from under $340,000 to well over $795,000.
How much do Other Financial Services Businesses owners in New Jersey earn?
The median reported revenue of Other Financial Services Businesses in New Jersey is $584,500 and owners earn a median of $297,854, which includes the owners salary and any other financial benefits they receive.
How do I value an Other Financial Service Business?
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 Other Financial Services Businesses in New Jersey, revenue multiples range from 1.22 to 1.48, with a median of 1.42. Earning multiples range from 2.07 to 2.51, with the median at 2.24. This means the typical Other Financial Service Business in New Jersey may ask for around 1.42 times its annual revenue, and 2.24 times its annual owner earnings.
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