New Jersey
$399,000

New Jersey
$399,000

Cape May County, NJ
$250,000

Monmouth County, NJ
$99,000

Passaic County, NJ
$750,000
Bergen County, NJ
$399,000
Monmouth County, NJ
$249,999
Passaic, NJ
$1,150,000
Ridgewood, NJ
$100,000
Elizabeth, NJ
$204,999
Essex County, NJ
$1,200,000
Available Nationwide
$50,000
Bayonne, NJ
$1,600,000
Paterson, NJ
$199,500
New Jersey
$775,000
Runnemede, NJ
$350,000
John Inzilla
Murphy Business Sales of Monmouth
Serving Monmouth County, NJ
Murphy Business is one of the largest and most successful business brokerage firms in the country with business brokers conveniently located throughout the United States and Canada. The Freehold, New Jersey (NJ) office provides beneficial connections in Monmouth County and surrounding areas throughout NJ. Choosing to partner with a national business broker provides an advantageous reach of nearly 200 offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations.
Bellmawr, NJ
$350,000
Oakland, NJ
$200,000
Monmouth County, NJ
$635,000
Monmouth County, NJ
$925,000
New Jersey
$2,500,000
Available in New Jersey
$90,000
Bergen County, NJ
$6,350,000
REAL ESTATE INCLUDED
New Jersey
$495,000
Monmouth County, NJ
$1,150,000
Paterson, NJ
$3,500,000
Morris County, NJ
$1,600,000
Hackettstown, NJ
$289,000
Piscataway, NJ
$239,000
Quakertown, NJ
$299,000
Bergen County, NJ
$1,500,000
Available in New Jersey
$60,000
Camden County, NJ
$50,000
Union County, NJ
$1,000,000
Bergen County, NJ
$1,100,000
Ocean County, NJ
$450,000
Available Nationwide
$50,000
Somerset County, NJ
$85,000
Bergen County, NJ
$950,000
Denville, NJ
$220,000
Ramsey, NJ
$99,500
Short Hills, NJ
$595,000
Tom Cerniello
Total Business Brokers
Serving Bergen County, NJ
Deal With Professionals – Get Professional Results! Total Business Brokers are a professional team of experienced Business Brokers specializing in the sale of small and mid-size businesses throughout the entire US. Our team has over 30 years of experience in a wide variety of industries. We are aware of the nuances that come with the sale of each unique business so that a seller’s business is valued at the maximum value according to lender-approved valuation methodology. In turn, buyers respect our firms’ market valuations and recognize that it will stand up to any necessary business appraisal for SBA financing. Total Business Brokers specializes in the representation of businesses throughout the entire US. Total Business Brokers works closely with our buyers and sellers through every step of the sales process including market valuation, due diligence, loan approval, escrow, and closing to make your transaction as seamless as possible. Ultimately, we are your business broker transition specialists; both buyers and sellers trust our firm to facilitate the transition into the next phase in their lives whether that is retirement, as a seller, or a buyer seeking to grow a business that already has an exceptional foundation and track record.
Hoboken, NJ
$105,000
Morris County, NJ
$490,000
Summit, NJ
$240,000
New Jersey
$3,000,000
Available in New Jersey
$55,000
Somerville, NJ
$1,700,000
New Jersey
$550,000
New Jersey
$1,650,000
Monmouth County, NJ
$350,000
Woodbridge, NJ
$19,900
Middlesex County, NJ
$120,000
Bergen County, NJ
$590,000
Edison, NJ
$220,000
Jersey City, NJ
$825,000
Available Nationwide
$50,000
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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