Paramus, NJ
$400,000
Paramus, NJ
$400,000
Monmouth County, NJ
$635,000
Warren County, NJ
$175,000
Burlington, NJ
$250,000
Monmouth County, NJ
$925,000
New Jersey
$2,500,000
Bergen County, NJ
$6,350,000
REAL ESTATE INCLUDED
New Jersey
$495,000
Monmouth County, NJ
$1,150,000
Paterson, NJ
$3,500,000
Available Nationwide
$100,000
Morris County, NJ
$1,600,000
Hackettstown, NJ
$289,000
$450,000
Newfield, NJ
Piscataway, NJ
$239,000
Quakertown, NJ
$299,000
Hedgestone Advisors
Hedgestone Business Advisors
Serving Bergen County, NJ
Hedgestone Business Advisors is a full-service firm specializing in real estate, business brokering, mergers, and acquisitions. We recognize opportunities long before any of our competitors, enabling us to speed up the transaction process and better advise our clients. Our clients are the reason we are in business, and we always remember that we would not exist without them. Our service is always customized and sharply focused on the specific needs of every client. We succeed only when you do.
Bergen County, NJ
$1,200,000
Camden County, NJ
$50,000
Union County, NJ
$1,000,000
Franklin Township, NJ
$100,000
Ocean County, NJ
$450,000
Available Nationwide
$50,000
Little Silver, NJ
$125,000
Bergen County, NJ
$980,000
Denville, NJ
$220,000
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
Available Nationwide
$65,000
Somerville, NJ
$1,700,000
New Jersey
$550,000
New Jersey
$1,650,000
Monmouth County, NJ
$350,000
Available Nationwide
$350,000
Woodbridge, NJ
$19,900
Middlesex County, NJ
$120,000
Bergen County, NJ
$590,000
Vineland, NJ
$130,000
Medford, NJ
$109,400
Mercer County, NJ
$85,000
Morris County, NJ
$125,000
Bob Patel
Property Professionals Realty
Serving Bergen County, NJ
Everything We Touch Turns to SOLD!
New Jersey
$499,000
Edison, NJ
$220,000
Available in New Jersey
$50,000
Jersey City, NJ
$825,000
Cape May County, NJ
$150,000
New Jersey
$1,050,000
Trenton, NJ
$99,000
Gloucester Township, NJ
$165,000
Camden County, NJ
$210,000
Union County, NJ
$550,000
Camden County, NJ
$90,000
Jersey City, NJ
$2,300,000
Available in New Jersey
$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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