Business Brokerage
New Jersey & Pennsylvania

New Jersey law (N.J.A.C. 11:5-6.4) requires all licensed real estate agents to provide every consumer with a Consumer Information Statement before any substantive real estate discussion. The CIS explains the different types of agency relationships available in New Jersey, including seller agency, buyer agency, transaction brokerage, and disclosed dual agency, so you understand who your agent represents before you share any confidential information. We provide this document at the start of every relationship.

Yes. Real estate commissions in New Jersey are fully negotiable and are not fixed by law, regulation, the NJ Real Estate Commission, or any real estate organization. The compensation paid to a broker is determined solely by agreement between the client and the broker. We encourage an open conversation about compensation at the beginning of every relationship. Under federal antitrust law, no standard commission rate exists in the industry.

The sale of a business may require a New Jersey real estate license when the transaction includes real property or a lease assignment. New Jersey law (N.J.S.A. 45:15-1 et seq.) governs business brokerage activities that involve real property interests. The JK Realty Group holds active New Jersey broker licenses and is qualified to represent clients in business sales that involve real estate components. We recommend clients consult with a business attorney regarding the full scope of their transaction.

Business valuation methods vary by industry and business type. Common approaches include: Seller's Discretionary Earnings (SDE) multiples for owner-operated businesses, EBITDA multiples for larger businesses, asset-based valuation, and market comparables. We work with clients to understand the drivers of value in their specific business and position it appropriately for the market. For complex valuations, we may recommend a certified business valuator (CBV) or certified public accountant.

Maintaining confidentiality is critical in any business sale. Premature disclosure to employees, customers, suppliers, or competitors can materially harm business value. Our process includes: non-disclosure agreements (NDAs) for all prospective buyers before releasing any confidential information, blind marketing that describes the business without identifying it, and controlled information release as buyers advance through the qualification process. Business continuity is protected throughout every stage.

The business sale process typically takes 6–12 months from engagement to closing, depending on business size, complexity, financing requirements, and market conditions. The process generally includes: business preparation and valuation (4–8 weeks), confidential marketing (ongoing), buyer qualification and NDA execution, due diligence (4–8 weeks after letter of intent), and transaction closing. Liquor license transfers and SBA financing can add additional time. We set realistic expectations at the outset.

We represent clients buying and selling a wide range of business types throughout New Jersey and Pennsylvania, including: retail operations, restaurants and food service, service businesses, light manufacturing, professional practices, and owner-operated businesses across various industries. We also assist with commercial real estate components, leases, owned buildings, and property acquisitions, that are frequently part of business transitions.

Legal representation is essential in any business sale. A business attorney will draft and review the purchase agreement, asset purchase agreement or stock purchase agreement, non-compete provisions, transition agreements, and any lease assignments. The JK Realty Group works alongside clients' legal counsel and can refer qualified NJ business attorneys if needed. We are real estate licensees and not attorneys, we do not provide legal advice.