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Bayfield County

Selling a Business in Bayfield County

Bayfield County has 469 employer businesses, and 95% 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 accommodation and food service and construction.

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LOCAL SNAPSHOT

Bayfield County by the numbers

469

EMPLOYER BUSINESSES

95%

SMALL EMPLOYER SHARE

1,602

BUSINESSES WITH NO EMPLOYEES

2,612

EMPLOYMENT

$146 million

ANNUAL PAYROLL

141

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 Bayfield County compares

Bayfield County ranks 55th of 72 Wisconsin counties and county equivalents for employer businesses.
The number of employer businesses grew 10.9% between 2018 and 2023.
Accommodation and food service makes up 22% of employer businesses in Bayfield County, compared with 11% in Wisconsin.
141 employer businesses here have 5 to 49 employees.

Bayfield County ranks 55th of 72 Wisconsin counties and county equivalents for employer businesses.
The number of employer businesses grew 10.9% between 2018 and 2023.
Accommodation and food service makes up 22% of employer businesses in Bayfield County, compared with 11% in Wisconsin.
141 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Accommodation and food service: 103 employer businesses
Construction: 73 employer businesses
Retail: 68 employer businesses
Repair, personal care and other services: 45 employer businesses
Transportation and warehousing: 29 employer businesses

The largest industries by number of employer businesses:

Accommodation and food service: 103 employer businesses
Construction: 73 employer businesses
Retail: 68 employer businesses
Repair, personal care and other services: 45 employer businesses
Transportation and warehousing: 29 employer businesses

INDUSTRIES

What sells in Bayfield County

Accommodation and food service, construction, retail, repair, personal care and other services

Bakeries

Restaurants & Food

Coffee Shops

Restaurants & Food

Bed & Breakfasts / Inns

Hospitality & Travel

Campgrounds & RV Parks

Hospitality & Travel

Carpentry & Framing

Construction & Engineering

Civil Engineering

Construction & Engineering

Every kind of business we sell in Bayfield County

These are the industries in Bayfield 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.

Construction & Engineering

71 related employer businesses in Bayfield County.

General Contracting: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

54 related employer businesses in Bayfield County.

Full-Service Restaurants: 37 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Quick-Service & Fast Food: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Hospitality & Travel

29 related employer businesses in Bayfield County.

Hotels: 13 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 13 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Campgrounds & RV Parks: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Entertainment & Recreation

26 related employer businesses in Bayfield County.

Bars & Pubs: 23 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 23 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Logistics & Transportation

18 related employer businesses in Bayfield County.

General Freight Trucking: 18 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Retail Stores

15 related employer businesses in Bayfield County.

Hardware, Garden & Building: 9 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.
Hobby, Toys & Gift Shops: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.

Gas Stations & Convenience

13 related employer businesses in Bayfield County.

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

Manufacturing

11 related employer businesses in Bayfield County.

Food & Beverage Manufacturing: 4 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.

Automotive & Boat

8 related employer businesses in Bayfield County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Marinas: 4 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Financial & Professional Services

7 related employer businesses in Bayfield County.

Real Estate Brokerages: 7 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Home Services

7 related employer businesses in Bayfield County.

Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.

Medical Practices

7 related employer businesses in Bayfield County.

Mental & Behavioral Health: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Senior Care & Living

4 related employer businesses in Bayfield County.

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

Education & Childcare

3 related employer businesses in Bayfield County.

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

Construction & Engineering

71 related employer businesses in Bayfield County.

General Contracting: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 12 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 12 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

54 related employer businesses in Bayfield County.

Full-Service Restaurants: 37 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 6 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Quick-Service & Fast Food: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Hospitality & Travel

29 related employer businesses in Bayfield County.

Hotels: 13 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 13 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Campgrounds & RV Parks: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Transportation Services: 4 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Entertainment & Recreation

26 related employer businesses in Bayfield County.

Bars & Pubs: 23 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 23 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Logistics & Transportation

18 related employer businesses in Bayfield County.

General Freight Trucking: 18 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Retail Stores

15 related employer businesses in Bayfield County.

Hardware, Garden & Building: 9 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.
Hobby, Toys & Gift Shops: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.

Gas Stations & Convenience

13 related employer businesses in Bayfield County.

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

Manufacturing

11 related employer businesses in Bayfield County.

Food & Beverage Manufacturing: 4 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Wood & Furniture Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.

Automotive & Boat

8 related employer businesses in Bayfield County.

Auto Repair: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Marinas: 4 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.

Financial & Professional Services

7 related employer businesses in Bayfield County.

Real Estate Brokerages: 7 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Home Services

7 related employer businesses in Bayfield County.

Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.

Medical Practices

7 related employer businesses in Bayfield County.

Mental & Behavioral Health: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Senior Care & Living

4 related employer businesses in Bayfield County.

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

Education & Childcare

3 related employer businesses in Bayfield County.

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

Working with owners in Bayfield County

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

Get a Free Valuation

FREQUENTLY ASKED QUESTIONS

Questions owners in Bayfield County ask

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

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

How is a business valued in Bayfield 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 Bayfield 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