Ramsey, NJ
$99,500
Ramsey, NJ
$99,500
New Jersey
$399,000
Monmouth County, NJ
$99,000
Passaic County, NJ
$750,000
Bergen County, NJ
$499,000
Monmouth County, NJ
$249,999
New Jersey
$2,650,000
Passaic, NJ
$1,300,000
New Jersey
$249,000
New Jersey
$350,000
Available Nationwide
$50,000
Ridgewood, NJ
$100,000
Essex County, NJ
$1,200,000
$164,999
Bergen County, NJ
Middlesex County, NJ
$1,800,000
Bayonne, NJ
$1,600,000
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Morris County, NJ
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
New Jersey
$775,000
Bergen County, NJ
$390,000
Ocean County, NJ
$145,000
Ocean County, NJ
$189,000
New Jersey
$98,000
Available in New Jersey
$50,000
Passaic County, NJ
$69,000
Burlington County, NJ
$135,000
$180,000
Essex County, NJ
Runnemede, NJ
$350,000
Burlington, NJ
$200,000
Bellmawr, NJ
$350,000
Oakland, NJ
$200,000
Paramus, NJ
$400,000
Monmouth County, NJ
$635,000
Warren County, NJ
$175,000
Available Nationwide
$50,000
Burlington, NJ
$250,000
Monmouth County, NJ
$380,000
$675,000
Hudson County, NJ
Monmouth County, NJ
$925,000
New Jersey
$2,500,000
Available Nationwide
$100,000
Monmouth County, NJ
$400,000
Bergen County, NJ
$6,350,000
REAL ESTATE INCLUDED
New Jersey
$495,000
Monmouth County, NJ
$1,150,000
Lyndhurst, NJ
$195,000
Ifti Ahmed
BTI Group
Serving Morris County, NJ
Business Team, a unit of BTI Group, is the Largest Business Brokerage Firm in the Western United States specializing in arranging the purchase and sale of privately owned companies. During our third of a century of existence, we have developed both an unmatched depth of experience (an aggregate of several hundred years!) and a vast network of individual, corporate, and investment group buyers. In addition, our affiliation with the International Business Brokers Association allows us to reach buyers represented by other intermediary firms worldwide. Why Choose the Business Team Brokerage? I am a Managing Director with BTI in the M&A with sixteen years of experience dealing with different industries(please see my Profile attached). At BTI Group we have helped over 7,900 business owners successfully make that transition in our 40 years of business representing buyers and sellers. Some reasons why you might favor us in representing you are: 1. Experience – having sold over 7900 businesses we know how to get the job done and avoid common pitfalls. 2. Marketing Power – with 10 offices and 130 agents, we have a huge following of prospective buyers seeking to own businesses. 3. Confidentiality – our agents are all highly sensitive to confidentiality and our processes are all designed to protect the confidentiality of the sale. 4. Buyer Screening – let our agents do the time-consuming work of screening buyers so that only well-qualified buyers get to tour the business and meet with you. 5. You Run The Business – to keep sales, profits and hence value UP! We take the time to market the business, screen buyers, etc. to keep your time free. If you spend too much time trying to sell and let sales slip, the business value will suffer – we help you keep that value up. 6. Good Advice = since all we do is sell businesses we are your best source of advice on valuation, deal structuring, buyer selection, confidentiality, sale
Paterson, NJ
$3,500,000
Morris County, NJ
$1,600,000
$20,000
Brick Township, NJ
Hackettstown, NJ
$289,000
Piscataway, NJ
$239,000
Available Nationwide
$50,000
Quakertown, NJ
$299,000
Bergen County, NJ
$1,200,000
Camden County, NJ
$50,000
Monmouth County, NJ
$295,000
Union County, NJ
$1,000,000
Union County, NJ
$299,000
Franklin Township, NJ
$100,000
Ocean County, NJ
$450,000
Little Silver, NJ
$125,000
Available Nationwide
$105,000
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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