Selling a Business in Cass County
Cass County has 658 employer businesses, and 85% 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 repair, personal care and other services.
Areas in Indiana
LOCAL SNAPSHOT
Cass County by the numbers
658
658
EMPLOYER BUSINESSES
85%
85%
SMALL EMPLOYER SHARE
2,102
2,102
BUSINESSES WITH NO EMPLOYEES
12,070
12,070
EMPLOYMENT
$561 million
$561 million
ANNUAL PAYROLL
321
321
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 Cass County compares
Cass County ranks 52nd of 92 Indiana counties and county equivalents for employer businesses.
The number of employer businesses fell 0.9% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Cass County, compared with 5% in Indiana.
321 employer businesses here have 5 to 49 employees.
Cass County ranks 52nd of 92 Indiana counties and county equivalents for employer businesses.
The number of employer businesses fell 0.9% between 2018 and 2023.
Manufacturing makes up 7% of employer businesses in Cass County, compared with 5% in Indiana.
321 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 103 employer businesses
Repair, personal care and other services: 89 employer businesses
Accommodation and food service: 76 employer businesses
Health care and social assistance: 74 employer businesses
Construction: 62 employer businesses
The largest industries by number of employer businesses:
Retail: 103 employer businesses
Repair, personal care and other services: 89 employer businesses
Accommodation and food service: 76 employer businesses
Health care and social assistance: 74 employer businesses
Construction: 62 employer businesses
INDUSTRIES
What sells in Cass County
Retail, repair, personal care and other services, accommodation and food service, health care and social assistance
Every kind of business we sell in Cass County
These are the industries in Cass 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
71 related employer businesses in Cass County.
Quick-Service & Fast Food: 28 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 26 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Construction & Engineering
59 related employer businesses in Cass County.
General Contracting: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
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.
Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Practices
36 related employer businesses in Cass County.
Primary & Family Care: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Vision & Eye Care: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Mental & Behavioral Health: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Labs & Imaging: 3 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Manufacturing
32 related employer businesses in Cass County.
Metal Fabrication: 10 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 7 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 5 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Electronics & Tech Manufacturing: 3 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Financial & Professional Services
31 related employer businesses in Cass County.
Insurance Agencies: 13 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 4 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Logistics & Transportation
30 related employer businesses in Cass County.
General Freight Trucking: 24 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 3 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Warehousing & Fulfillment: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Automotive & Boat
26 related employer businesses in Cass County.
Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Retail Stores
26 related employer businesses in Cass County.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 7 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.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Gas Stations & Convenience
19 related employer businesses in Cass County.
Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Wholesale & Distribution
9 related employer businesses in Cass County.
Industrial & Construction Supply: 9 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Entertainment & Recreation
8 related employer businesses in Cass County.
Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Pharmacies & Medical Supply
6 related employer businesses in Cass 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.
Home Infusion: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Beauty & Personal Care
5 related employer businesses in Cass County.
Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Education & Childcare
5 related employer businesses in Cass County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Health & Fitness
4 related employer businesses in Cass County.
Wellness & Recovery Centers: 4 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Hospitality & Travel
4 related employer businesses in Cass County.
Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Energy & Utilities
3 related employer businesses in Cass County.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Home Services
3 related employer businesses in Cass County.
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.
Senior Care & Living
3 related employer businesses in Cass County.
Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
These are the industries in Cass 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
71 related employer businesses in Cass County.
Quick-Service & Fast Food: 28 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 26 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Construction & Engineering
59 related employer businesses in Cass County.
General Contracting: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
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.
Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Practices
36 related employer businesses in Cass County.
Primary & Family Care: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Vision & Eye Care: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Mental & Behavioral Health: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Medical Labs & Imaging: 3 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Home Health & Hospice: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Manufacturing
32 related employer businesses in Cass County.
Metal Fabrication: 10 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 7 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 5 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Electronics & Tech Manufacturing: 3 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Financial & Professional Services
31 related employer businesses in Cass County.
Insurance Agencies: 13 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 4 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Logistics & Transportation
30 related employer businesses in Cass County.
General Freight Trucking: 24 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 3 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Warehousing & Fulfillment: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Automotive & Boat
26 related employer businesses in Cass County.
Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Retail Stores
26 related employer businesses in Cass County.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 7 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.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Gas Stations & Convenience
19 related employer businesses in Cass County.
Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Wholesale & Distribution
9 related employer businesses in Cass County.
Industrial & Construction Supply: 9 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Entertainment & Recreation
8 related employer businesses in Cass County.
Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Pharmacies & Medical Supply
6 related employer businesses in Cass 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.
Home Infusion: 3 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Beauty & Personal Care
5 related employer businesses in Cass County.
Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Education & Childcare
5 related employer businesses in Cass County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Health & Fitness
4 related employer businesses in Cass County.
Wellness & Recovery Centers: 4 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Hospitality & Travel
4 related employer businesses in Cass County.
Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Energy & Utilities
3 related employer businesses in Cass County.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Home Services
3 related employer businesses in Cass County.
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.
Senior Care & Living
3 related employer businesses in Cass County.
Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Working with owners in Cass County
Business Advisors of America works with owners who are selling a business in Cass County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Cass County ask
How long does it take to sell a business in Cass County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Cass 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 Cass 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