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Aitkin County

Selling a Business in Aitkin County

Aitkin County has 415 employer businesses, and 92% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

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LOCAL SNAPSHOT

Aitkin County by the numbers

415

EMPLOYER BUSINESSES

92%

SMALL EMPLOYER SHARE

1,171

BUSINESSES WITH NO EMPLOYEES

3,632

EMPLOYMENT

$181 million

ANNUAL PAYROLL

167

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 Aitkin County compares

Aitkin County ranks 54th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 3.2% between 2018 and 2023.
Accommodation and food service makes up 14% of employer businesses in Aitkin County, compared with 8% in Minnesota.
167 employer businesses here have 5 to 49 employees.

Aitkin County ranks 54th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 3.2% between 2018 and 2023.
Accommodation and food service makes up 14% of employer businesses in Aitkin County, compared with 8% in Minnesota.
167 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Retail: 66 employer businesses
Construction: 66 employer businesses
Accommodation and food service: 59 employer businesses
Repair, personal care and other services: 47 employer businesses
Health care and social assistance: 34 employer businesses

The largest industries by number of employer businesses:

Retail: 66 employer businesses
Construction: 66 employer businesses
Accommodation and food service: 59 employer businesses
Repair, personal care and other services: 47 employer businesses
Health care and social assistance: 34 employer businesses

INDUSTRIES

What sells in Aitkin County

Retail, construction, accommodation and food service, repair, personal care and other services

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Carpentry & Framing

Construction & Engineering

Civil Engineering

Construction & Engineering

Audio Visual (AV)

Home Services

Commercial Cleaning

Home Services

Every kind of business we sell in Aitkin County

We sell businesses in every one of these industries in Aitkin County. 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

62 related employer businesses in Aitkin County.

Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 13 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
General Contracting: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

39 related employer businesses in Aitkin County.

Full-Service Restaurants: 19 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 10 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

20 related employer businesses in Aitkin County.

Real Estate Brokerages: 8 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Insurance Agencies: 6 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.

Entertainment & Recreation

15 related employer businesses in Aitkin County.

Bars & Pubs: 15 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 15 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Retail Stores

15 related employer businesses in Aitkin County.

Hardware, Garden & Building: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.

Automotive & Boat

13 related employer businesses in Aitkin County.

Auto Repair: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Gas Stations & Convenience

13 related employer businesses in Aitkin County.

Gas Stations: 13 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

13 related employer businesses in Aitkin County.

Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 5 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Hospitality & Travel

5 related employer businesses in Aitkin County.

Hotels: 5 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 5 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Logistics & Transportation

5 related employer businesses in Aitkin County.

General Freight Trucking: 5 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Medical Practices

4 related employer businesses in Aitkin County.

Dental Practices: 4 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Energy & Utilities

3 related employer businesses in Aitkin County.

Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Pharmacies & Medical Supply

3 related employer businesses in Aitkin County.

Compounding Pharmacies: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Senior Care & Living

3 related employer businesses in Aitkin County.

Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Construction & Engineering

62 related employer businesses in Aitkin County.

Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 13 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
General Contracting: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

39 related employer businesses in Aitkin County.

Full-Service Restaurants: 19 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 10 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

20 related employer businesses in Aitkin County.

Real Estate Brokerages: 8 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Insurance Agencies: 6 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.

Entertainment & Recreation

15 related employer businesses in Aitkin County.

Bars & Pubs: 15 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 15 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Retail Stores

15 related employer businesses in Aitkin County.

Hardware, Garden & Building: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.

Automotive & Boat

13 related employer businesses in Aitkin County.

Auto Repair: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Gas Stations & Convenience

13 related employer businesses in Aitkin County.

Gas Stations: 13 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

13 related employer businesses in Aitkin County.

Metal Fabrication: 5 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 5 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Hospitality & Travel

5 related employer businesses in Aitkin County.

Hotels: 5 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 5 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Logistics & Transportation

5 related employer businesses in Aitkin County.

General Freight Trucking: 5 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Medical Practices

4 related employer businesses in Aitkin County.

Dental Practices: 4 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Energy & Utilities

3 related employer businesses in Aitkin County.

Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Pharmacies & Medical Supply

3 related employer businesses in Aitkin County.

Compounding Pharmacies: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Senior Care & Living

3 related employer businesses in Aitkin County.

Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Working with owners in Aitkin County

Business Advisors of America works with owners who are selling a business in Aitkin County. Contact us to talk about a sale.

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FREQUENTLY ASKED QUESTIONS

Questions owners in Aitkin County ask

How long does it take to sell a business in Aitkin County?

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 Aitkin County?

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.

FROM OUR BLOG

Guides for owners in Aitkin County

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