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Clay County

Selling a Business in Clay County

Clay County has 229 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

Clay County by the numbers

229

EMPLOYER BUSINESSES

87%

SMALL EMPLOYER SHARE

1,135

BUSINESSES WITH NO EMPLOYEES

2,642

EMPLOYMENT

$100 million

ANNUAL PAYROLL

101

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 Clay County compares

Clay County ranks 74th of 120 Kentucky counties and county equivalents for employer businesses.
The number of employer businesses fell 3.4% between 2018 and 2023.
Retail makes up 27% of employer businesses in Clay County, compared with 16% in Kentucky.
101 employer businesses here have 5 to 49 employees.

Clay County ranks 74th of 120 Kentucky counties and county equivalents for employer businesses.
The number of employer businesses fell 3.4% between 2018 and 2023.
Retail makes up 27% of employer businesses in Clay County, compared with 16% in Kentucky.
101 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Retail: 62 employer businesses
Health care and social assistance: 40 employer businesses
Construction: 23 employer businesses
Repair, personal care and other services: 20 employer businesses
Accommodation and food service: 17 employer businesses

The largest industries by number of employer businesses:

Retail: 62 employer businesses
Health care and social assistance: 40 employer businesses
Construction: 23 employer businesses
Repair, personal care and other services: 20 employer businesses
Accommodation and food service: 17 employer businesses

INDUSTRIES

What sells in Clay County

Retail, health care and social assistance, construction, repair, personal care and other services

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 Clay County

These are the industries in Clay 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.

Medical Practices

23 related employer businesses in Clay County.

Primary & Family Care: 13 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Physical Therapy & Rehab: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Dental Practices: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

18 related employer businesses in Clay County.

Quick-Service & Fast Food: 9 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 5 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.

Retail Stores

14 related employer businesses in Clay County.

Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 5 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.

Construction & Engineering

13 related employer businesses in Clay County.

Foundation & Site Prep: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Gas Stations & Convenience

12 related employer businesses in Clay County.

Gas Stations: 12 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

9 related employer businesses in Clay County.

Compounding Pharmacies: 9 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 9 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Financial & Professional Services

8 related employer businesses in Clay County.

Accounting & Tax Practices: 5 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Private Lending: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Health & Fitness

3 related employer businesses in Clay County.

Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.

Medical Practices

23 related employer businesses in Clay County.

Primary & Family Care: 13 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Physical Therapy & Rehab: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Dental Practices: 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

18 related employer businesses in Clay County.

Quick-Service & Fast Food: 9 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 5 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.

Retail Stores

14 related employer businesses in Clay County.

Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 5 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.

Construction & Engineering

13 related employer businesses in Clay County.

Foundation & Site Prep: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Gas Stations & Convenience

12 related employer businesses in Clay County.

Gas Stations: 12 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Pharmacies & Medical Supply

9 related employer businesses in Clay County.

Compounding Pharmacies: 9 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 9 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.

Financial & Professional Services

8 related employer businesses in Clay County.

Accounting & Tax Practices: 5 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Private Lending: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Health & Fitness

3 related employer businesses in Clay County.

Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.

Working with owners in Clay County

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

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FREQUENTLY ASKED QUESTIONS

Questions owners in Clay County ask

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

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

How is a business valued in Clay 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 Clay 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