Selling a Business in New Jersey
Selling a business in New Jersey means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. New Jersey has 237,968 employer businesses and about 924,331 more with no employees. This page covers the numbers, the steps and what buyers look for.
LOCAL SNAPSHOT
New Jersey by the numbers
237,968
237,968
EMPLOYER BUSINESSES
86%
86%
SMALL EMPLOYER SHARE
924,331
924,331
BUSINESSES WITH NO EMPLOYEES
3,945,019
3,945,019
EMPLOYMENT
$292.1 billion
$292.1 billion
ANNUAL PAYROLL
90,665
90,665
BUSINESSES WITH 5 TO 49 EMPLOYEES
U.S. Census Bureau, County Business Patterns 2023 and Nonemployer Statistics 2024. Counts are employer establishments, meaning business locations with paid employees.
How New Jersey compares
New Jersey ranks 10th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 1.8% between 2018 and 2023.
Wholesale makes up 5% of employer businesses in New Jersey, compared with 5% nationwide.
90,665 employer businesses here have 5 to 49 employees.
New Jersey ranks 10th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 1.8% between 2018 and 2023.
Wholesale makes up 5% of employer businesses in New Jersey, compared with 5% nationwide.
90,665 employer businesses here have 5 to 49 employees.
How a sale works in New Jersey
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in New Jersey
Notice when assets are sold
New Jersey's Division of Taxation says the buyer of business assets, outside the ordinary course of business, must notify the State at least 10 business days before the sale by filing Form C-9600. The notice lets the Division set up an escrow, an amount the buyer holds back from the price, if the seller may owe taxes. The Division says a filing by the seller or a third party does not protect the buyer (Division of Taxation bulk sale FAQ).
Sales tax and the buyer's liability
New Jersey's Division of Taxation says that if a sale closes before the 10 business day period and the Division has not assigned an escrow, the buyer will be held responsible for the seller's tax obligation. This is called successor liability, which means a buyer becomes responsible for the seller's unpaid taxes. The Division also says that if it fails to respond to a bulk sale notice within 10 business days, the buyer will not be liable for the seller's state taxes (Division of Taxation bulk sale FAQ).
Unemployment insurance account
New Jersey law says that when the organization, trade or business, or substantially all the assets of an employer pass to a successor, by sale or otherwise, the Department's controller transfers the predecessor's employment experience to the successor. Employment experience is the record used to set an employer's unemployment tax rate, and the successor may ask for reconsideration within four months of the transfer (New Jersey Unemployment Compensation Law, published by the Department of Labor and Workforce Development).
These points come from official New Jersey agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in New Jersey
Notice when assets are sold
New Jersey's Division of Taxation says the buyer of business assets, outside the ordinary course of business, must notify the State at least 10 business days before the sale by filing Form C-9600. The notice lets the Division set up an escrow, an amount the buyer holds back from the price, if the seller may owe taxes. The Division says a filing by the seller or a third party does not protect the buyer (Division of Taxation bulk sale FAQ).
Sales tax and the buyer's liability
New Jersey's Division of Taxation says that if a sale closes before the 10 business day period and the Division has not assigned an escrow, the buyer will be held responsible for the seller's tax obligation. This is called successor liability, which means a buyer becomes responsible for the seller's unpaid taxes. The Division also says that if it fails to respond to a bulk sale notice within 10 business days, the buyer will not be liable for the seller's state taxes (Division of Taxation bulk sale FAQ).
Unemployment insurance account
New Jersey law says that when the organization, trade or business, or substantially all the assets of an employer pass to a successor, by sale or otherwise, the Department's controller transfers the predecessor's employment experience to the successor. Employment experience is the record used to set an employer's unemployment tax rate, and the successor may ask for reconsideration within four months of the transfer (New Jersey Unemployment Compensation Law, published by the Department of Labor and Workforce Development).
These points come from official New Jersey agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
What buyers look for
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
INDUSTRIES
What sells in New Jersey
Health care and social assistance, retail, professional and technical services, repair, personal care and other services
Every kind of business we sell in New Jersey
We sell businesses in every one of these industries in New Jersey. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.
Construction & Engineering
26,570 related employer businesses in New Jersey.
General Contracting: 7,648 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 4,734 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 3,557 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 3,454 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 3,454 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 2,641 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 1,506 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 1,195 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 712 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Roofing & Siding: 633 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Carpentry & Framing: 252 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 238 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
23,242 related employer businesses in New Jersey.
Full-Service Restaurants: 8,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 7,670 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 2,866 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 2,405 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 1,793 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 448 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
19,516 related employer businesses in New Jersey.
Primary & Family Care: 7,335 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 4,511 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 2,127 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Mental & Behavioral Health: 1,502 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Labs & Imaging: 1,002 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 988 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 717 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 617 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 421 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 296 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
12,130 related employer businesses in New Jersey.
Fashion, Apparel & Jewelry: 4,101 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 3,104 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 1,792 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 1,289 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 705 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 694 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 445 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Financial & Professional Services
10,963 related employer businesses in New Jersey.
Accounting & Tax Practices: 3,754 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 2,588 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 2,315 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 1,534 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 547 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 225 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Logistics & Transportation
7,868 related employer businesses in New Jersey.
General Freight Trucking: 4,868 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 968 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 855 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 562 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Commercial Moving: 352 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
Heavy Haul Transport: 168 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
NEMT & Passenger Transport: 95 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
7,473 related employer businesses in New Jersey.
Hair Salons: 3,727 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 2,126 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 1,060 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 1,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 1,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 560 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Automotive & Boat
7,407 related employer businesses in New Jersey.
Auto Repair: 2,917 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 1,248 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 1,042 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 964 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 661 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 311 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 180 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 84 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Wholesale & Distribution
6,739 related employer businesses in New Jersey.
Industrial & Construction Supply: 1,802 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 1,773 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 1,019 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 706 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 596 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Chemicals, Plastics & Raw Materials Distribution: 476 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 367 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
5,816 related employer businesses in New Jersey.
Food & Beverage Manufacturing: 1,349 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 1,023 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 1,005 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 822 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Wood & Furniture Manufacturing: 509 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 505 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Textile & Apparel Manufacturing: 305 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 298 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Home Services
4,805 related employer businesses in New Jersey.
Residential Cleaning: 2,068 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 2,068 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 2,025 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 429 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 283 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Gas Stations & Convenience
3,689 related employer businesses in New Jersey.
Gas Stations: 2,222 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 1,467 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Technology & Media
3,246 related employer businesses in New Jersey.
Digital Marketing Agencies: 1,032 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 886 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 542 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 396 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 390 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Pharmacies & Medical Supply
3,236 related employer businesses in New Jersey.
Compounding Pharmacies: 1,655 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 1,655 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 988 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 368 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 225 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
2,952 related employer businesses in New Jersey.
Daycare Centers: 2,466 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 486 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Hospitality & Travel
2,528 related employer businesses in New Jersey.
Hotels: 1,037 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 1,037 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 957 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 418 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 77 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 39 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Health & Fitness
2,107 related employer businesses in New Jersey.
Gyms & Health Clubs: 1,495 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 1,495 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 1,495 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 1,495 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 612 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Entertainment & Recreation
1,775 related employer businesses in New Jersey.
Bars & Pubs: 763 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 763 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 632 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 199 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 125 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 56 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Senior Care & Living
1,354 related employer businesses in New Jersey.
Non-Medical Home Care: 1,005 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 225 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 124 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Energy & Utilities
1,169 related employer businesses in New Jersey.
Waste Management & Recycling: 480 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 314 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 303 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Oil & Gas Services: 41 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Solar & Renewable Energy: 31 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
963 related employer businesses in New Jersey.
Pet Grooming & Spas: 709 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 709 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 254 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
8 related employer businesses in New Jersey.
Agricultural Labor Contracting: 8 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
We sell businesses in every one of these industries in New Jersey. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.
Construction & Engineering
26,570 related employer businesses in New Jersey.
General Contracting: 7,648 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 4,734 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Interior Finishing: 3,557 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 3,454 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 3,454 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 2,641 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 1,506 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 1,195 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 712 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Roofing & Siding: 633 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Carpentry & Framing: 252 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 238 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Restaurants & Food
23,242 related employer businesses in New Jersey.
Full-Service Restaurants: 8,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 7,670 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 2,866 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 2,405 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 1,793 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 448 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
19,516 related employer businesses in New Jersey.
Primary & Family Care: 7,335 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 4,511 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 2,127 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Mental & Behavioral Health: 1,502 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Labs & Imaging: 1,002 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 988 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 717 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 617 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 421 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 296 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Retail Stores
12,130 related employer businesses in New Jersey.
Fashion, Apparel & Jewelry: 4,101 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 3,104 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 1,792 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 1,289 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 705 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Hobby, Toys & Gift Shops: 694 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 445 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Financial & Professional Services
10,963 related employer businesses in New Jersey.
Accounting & Tax Practices: 3,754 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 2,588 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 2,315 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 1,534 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 547 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 225 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Logistics & Transportation
7,868 related employer businesses in New Jersey.
General Freight Trucking: 4,868 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 968 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Freight Brokerage & 3PL: 855 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 562 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Commercial Moving: 352 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
Heavy Haul Transport: 168 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
NEMT & Passenger Transport: 95 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Beauty & Personal Care
7,473 related employer businesses in New Jersey.
Hair Salons: 3,727 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 2,126 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 1,060 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 1,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 1,060 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 560 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Automotive & Boat
7,407 related employer businesses in New Jersey.
Auto Repair: 2,917 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 1,248 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 1,042 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 964 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 661 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 311 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 180 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 84 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Wholesale & Distribution
6,739 related employer businesses in New Jersey.
Industrial & Construction Supply: 1,802 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 1,773 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 1,019 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 706 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Medical, Dental & Pharmaceutical Distribution: 596 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Chemicals, Plastics & Raw Materials Distribution: 476 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 367 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
5,816 related employer businesses in New Jersey.
Food & Beverage Manufacturing: 1,349 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 1,023 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 1,005 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 822 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Wood & Furniture Manufacturing: 509 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 505 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Textile & Apparel Manufacturing: 305 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 298 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Home Services
4,805 related employer businesses in New Jersey.
Residential Cleaning: 2,068 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 2,068 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 2,025 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 429 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 283 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Gas Stations & Convenience
3,689 related employer businesses in New Jersey.
Gas Stations: 2,222 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 1,467 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Technology & Media
3,246 related employer businesses in New Jersey.
Digital Marketing Agencies: 1,032 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 886 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 542 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 396 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 390 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Pharmacies & Medical Supply
3,236 related employer businesses in New Jersey.
Compounding Pharmacies: 1,655 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 1,655 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 988 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 368 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Medical Supply Retail: 225 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
2,952 related employer businesses in New Jersey.
Daycare Centers: 2,466 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 486 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Hospitality & Travel
2,528 related employer businesses in New Jersey.
Hotels: 1,037 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 1,037 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 957 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 418 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 77 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 39 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Health & Fitness
2,107 related employer businesses in New Jersey.
Gyms & Health Clubs: 1,495 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 1,495 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 1,495 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 1,495 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 612 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Entertainment & Recreation
1,775 related employer businesses in New Jersey.
Bars & Pubs: 763 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 763 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 632 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 199 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 125 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 56 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Senior Care & Living
1,354 related employer businesses in New Jersey.
Non-Medical Home Care: 1,005 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 225 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 124 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Energy & Utilities
1,169 related employer businesses in New Jersey.
Waste Management & Recycling: 480 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 314 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 303 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Oil & Gas Services: 41 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Solar & Renewable Energy: 31 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Pet Services
963 related employer businesses in New Jersey.
Pet Grooming & Spas: 709 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 709 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 254 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
8 related employer businesses in New Jersey.
Agricultural Labor Contracting: 8 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Metro areas in this state
Counties
Working with owners in New Jersey
Business Advisors of America works with owners who are selling a business in New Jersey. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in New Jersey ask
How long does it take to sell a business in New Jersey?
The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.
How is a business valued in New Jersey?
Valuation starts with the earnings the business produces for an owner, then adjusts for assets, size, industry and the terms a buyer is likely to accept. The result is a range, and the asking price is set inside it.
Is the sale confidential?
Buyers are asked to sign a non-disclosure agreement before they see the name of the business or its financial statements.
What should I prepare before listing?
Three years of tax returns and profit and loss statements, a current balance sheet, the lease, a list of equipment and a summary of key contracts.
What is the difference between SDE and EBITDA?
SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization, and it is used for larger businesses that run without the owner.
FROM OUR BLOG
Guides for owners in New Jersey
October 3, 2025
Business Owners
Add-Backs: What Counts, What Does Not, and What Buyers Push Back On
Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.
Read article
October 3, 2025
Business Owners
Add-Backs: What Counts, What Does Not, and What Buyers Push Back On
Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.
Read article
March 5, 2026
Business Owners
Buyer Qualification: How We Screen Out the Buyers Who Cannot Close
Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.
Read article
March 5, 2026
Business Owners
Buyer Qualification: How We Screen Out the Buyers Who Cannot Close
Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.
Read article
February 9, 2026
Business Owners
The Confidential Information Memorandum: What Goes In It and Why
The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.
Read article
February 9, 2026
Business Owners
The Confidential Information Memorandum: What Goes In It and Why
The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.
Read article