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Appanoose County

Selling a Business in Appanoose County

Appanoose County has 302 employer businesses, and 87% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here. The largest industries here are retail and health care and social assistance.

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LOCAL SNAPSHOT

Appanoose County by the numbers

302

EMPLOYER BUSINESSES

87%

SMALL EMPLOYER SHARE

833

BUSINESSES WITH NO EMPLOYEES

3,731

EMPLOYMENT

$159 million

ANNUAL PAYROLL

128

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 Appanoose County compares

Appanoose County ranks 67th of 99 Iowa counties and county equivalents for employer businesses.
The number of employer businesses grew 6.7% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Appanoose County, compared with 4% in Iowa.
128 employer businesses here have 5 to 49 employees.

Appanoose County ranks 67th of 99 Iowa counties and county equivalents for employer businesses.
The number of employer businesses grew 6.7% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Appanoose County, compared with 4% in Iowa.
128 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Retail: 46 employer businesses
Health care and social assistance: 34 employer businesses
Repair, personal care and other services: 33 employer businesses
Accommodation and food service: 28 employer businesses
Professional and technical services: 26 employer businesses

The largest industries by number of employer businesses:

Retail: 46 employer businesses
Health care and social assistance: 34 employer businesses
Repair, personal care and other services: 33 employer businesses
Accommodation and food service: 28 employer businesses
Professional and technical services: 26 employer businesses

INDUSTRIES

What sells in Appanoose County

Retail, health care and social assistance, repair, personal care and other services, accommodation and food service

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Dental Practices

Medical Practices

Home Health & Hospice

Medical Practices

Gyms & Health Clubs

Health & Fitness

Personal Training Studios

Health & Fitness

Every kind of business we sell in Appanoose County

These are the industries in Appanoose County and the number of employer businesses in each. 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.

Restaurants & Food

23 related employer businesses in Appanoose County.

Quick-Service & Fast Food: 11 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.

Logistics & Transportation

17 related employer businesses in Appanoose County.

General Freight Trucking: 17 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Financial & Professional Services

14 related employer businesses in Appanoose County.

Insurance Agencies: 8 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

Retail Stores

11 related employer businesses in Appanoose County.

Hardware, Garden & Building: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.

Construction & Engineering

10 related employer businesses in Appanoose County.

Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Medical Practices

9 related employer businesses in Appanoose County.

Primary & Family Care: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 3 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Manufacturing

8 related employer businesses in Appanoose County.

Metal Fabrication: 4 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Appanoose County.

Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

5 related employer businesses in Appanoose 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.

Automotive & Boat

4 related employer businesses in Appanoose County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

Pet Services

4 related employer businesses in Appanoose County.

Pet Grooming & Spas: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Senior Care & Living

4 related employer businesses in Appanoose County.

Non-Medical Home Care: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Education & Childcare

3 related employer businesses in Appanoose County.

Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

3 related employer businesses in Appanoose County.

Home Infusion: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Wholesale & Distribution

3 related employer businesses in Appanoose County.

Industrial & Construction Supply: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.

Restaurants & Food

23 related employer businesses in Appanoose County.

Quick-Service & Fast Food: 11 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 8 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.

Logistics & Transportation

17 related employer businesses in Appanoose County.

General Freight Trucking: 17 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Financial & Professional Services

14 related employer businesses in Appanoose County.

Insurance Agencies: 8 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

Retail Stores

11 related employer businesses in Appanoose County.

Hardware, Garden & Building: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.

Construction & Engineering

10 related employer businesses in Appanoose County.

Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Medical Practices

9 related employer businesses in Appanoose County.

Primary & Family Care: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 3 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Manufacturing

8 related employer businesses in Appanoose County.

Metal Fabrication: 4 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Appanoose County.

Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

5 related employer businesses in Appanoose 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.

Automotive & Boat

4 related employer businesses in Appanoose County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

Pet Services

4 related employer businesses in Appanoose County.

Pet Grooming & Spas: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.

Senior Care & Living

4 related employer businesses in Appanoose County.

Non-Medical Home Care: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Education & Childcare

3 related employer businesses in Appanoose County.

Daycare Centers: 3 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

3 related employer businesses in Appanoose County.

Home Infusion: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Wholesale & Distribution

3 related employer businesses in Appanoose County.

Industrial & Construction Supply: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.

Working with owners in Appanoose County

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

Get a Free Valuation

FREQUENTLY ASKED QUESTIONS

Questions owners in Appanoose County ask

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

The time depends on the price, the quality of the records and the number of qualified buyers.

How is a business valued in Appanoose 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 Appanoose 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