Camden County, NJ
$50,000

Camden County, NJ
$50,000

Union County, NJ
$1,000,000

Bergen County, NJ
$1,100,000

Ocean County, NJ
$450,000
Bergen County, NJ
$950,000
Denville, NJ
$220,000
Ramsey, NJ
$99,500
Short Hills, NJ
$595,000
Hoboken, NJ
$105,000
Morris County, NJ
$490,000
Available in New Jersey
$60,000
Summit, NJ
$240,000
New Jersey
$3,000,000
Somerville, NJ
$1,700,000
New Jersey
$550,000
New Jersey
$1,650,000
Daz Connell
Murphy Business & Financial Corporation
Serving Bergen County, NJ
Daz Connell has been awarded as a Top National Producer and Multi-Million Dollar Broker for the last 8 years running- 2016-2023. Daz has consistently ranked in the Top 10 nationally for business sale transactions, covering several industries. He's also a fellow entrepreneur who is 3x INC 500 Award Winner for Business. Murphy is the largest (IBISWorld 2015) and most successful business brokerage firm in North America with offices conveniently located throughout the United States and Canada. We are members of virtually all associations, group listing services and networks that exist in the business brokerage industry. We have unsurpassed access to buyers and sellers nationwide. Our proven process and system provides our clients a higher closing ratio than national averages. We promise that you will not find a more complete, thorough professional experience as the one Murphy Business and Financial Corporation can provide. Daz covers New Jersey and New York with a vast network of Buyers and Professionals (Attorneys, Accountants, Lenders) to ensure the sale of your business.
Monmouth County, NJ
$350,000
Woodbridge, NJ
$19,900
Middlesex County, NJ
$120,000
Bergen County, NJ
$590,000
Available Nationwide
$25,000
Mercer County, NJ
$85,000
Edison, NJ
$220,000
Jersey City, NJ
$825,000
Cape May County, NJ
$150,000
Somerset County, NJ
$785,000
Trenton, NJ
$99,000
Union County, NJ
$550,000
Camden County, NJ
$90,000
Jersey City, NJ
$2,300,000
Available in New Jersey
$55,000
Bergen County, NJ
Not Disclosed
Cash Flow: $2,500,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
New Jersey
$1,800,000
Available in New Jersey
$100,000
Monmouth County, NJ
$795,000
Merchantville, NJ
$40,000
New Jersey
$500,000
Ocean, NJ
$195,000
Hackettstown, NJ
$195,000
Ocean County, NJ
$295,000
Essex County, NJ
$350,000
Cherry Hill, NJ
$100,000
Eric Nadel
Transworld Business Advisors - Upper Bergen County
Serving Bergen County, NJ
Transworld Business Advisors is the largest business broker in the world comprising 250 offices worldwide, 1000 agents and represents 600,000 buyers. We have sold over 15,000 businesses over our 40 year journey. Whether you represent an acquisition-minded corporation or are personally interested in owning your own company or new franchise, Transworld Business Advisors offers the professional services that successfully bring buyers and sellers together.
Mercer County, NJ
$10,500,000
Available in New Jersey
$50,000
Jackson, NJ
$295,000
Woodland Park, NJ
$3,750,000
Cherry Hill, NJ
$700,000
Montville Township, NJ
$675,000
Sussex, NJ
$245,000
Cherry Hill, NJ
$2,500,000
Passaic County, NJ
$4,000,000
Atlantic County, NJ
$575,000
New Jersey
$2,500,000
Available in New Jersey
$75,000
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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