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Colfax County

Selling a Business in Colfax County

Colfax County has 372 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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Areas in New Mexico

Albuquerque

Bernalillo County

Chaves County

Cibola County

Colfax County

Curry County

Eddy County

Farmington

Grant County

Las Cruces

Lea County

Lincoln County

Los Alamos County

Luna County

McKinley County

Otero County

Quay County

Rio Arriba County

Roosevelt County

San Miguel County

Santa Fe

Sierra County

Socorro County

Taos County

LOCAL SNAPSHOT

Colfax County by the numbers

372

372

EMPLOYER BUSINESSES

92%

92%

SMALL EMPLOYER SHARE

887

887

BUSINESSES WITH NO EMPLOYEES

3,329

3,329

EMPLOYMENT

$122 million

$122 million

ANNUAL PAYROLL

144

144

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 Colfax County compares

  • Colfax County ranks 19th of 33 New Mexico counties and county equivalents for employer businesses.

  • The number of employer businesses fell 1.8% between 2018 and 2023.

  • Accommodation and food service makes up 17% of employer businesses in Colfax County, compared with 11% in New Mexico.

  • 144 employer businesses here have 5 to 49 employees.

  • Colfax County ranks 19th of 33 New Mexico counties and county equivalents for employer businesses.

  • The number of employer businesses fell 1.8% between 2018 and 2023.

  • Accommodation and food service makes up 17% of employer businesses in Colfax County, compared with 11% in New Mexico.

  • 144 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 74 employer businesses

  • Accommodation and food service: 62 employer businesses

  • Construction: 49 employer businesses

  • Repair, personal care and other services: 36 employer businesses

  • Health care and social assistance: 27 employer businesses

The largest industries by number of employer businesses:

  • Retail: 74 employer businesses

  • Accommodation and food service: 62 employer businesses

  • Construction: 49 employer businesses

  • Repair, personal care and other services: 36 employer businesses

  • Health care and social assistance: 27 employer businesses

INDUSTRIES

What sells in Colfax County

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

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Bakeries

Restaurants & Food

Coffee Shops

Restaurants & Food

Bed & Breakfasts / Inns

Hospitality & Travel

Campgrounds & RV Parks

Hospitality & Travel

Every kind of business we sell in Colfax County

We sell businesses in every one of these industries in Colfax 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

41 related employer businesses in Colfax County.

  • General Contracting: 23 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 6 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

37 related employer businesses in Colfax County.

Financial & Professional Services

24 related employer businesses in Colfax County.

Retail Stores

24 related employer businesses in Colfax County.

Gas Stations & Convenience

18 related employer businesses in Colfax County.

  • Gas Stations: 18 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

16 related employer businesses in Colfax 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: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Energy & Utilities

11 related employer businesses in Colfax County.

Automotive & Boat

10 related employer businesses in Colfax County.

  • Auto Repair: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Medical Practices

10 related employer businesses in Colfax County.

Manufacturing

8 related employer businesses in Colfax County.

Home Services

5 related employer businesses in Colfax County.

Senior Care & Living

5 related employer businesses in Colfax County.

Pharmacies & Medical Supply

4 related employer businesses in Colfax County.

Entertainment & Recreation

3 related employer businesses in Colfax County.

We sell businesses in every one of these industries in Colfax 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

41 related employer businesses in Colfax County.

  • General Contracting: 23 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 6 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

37 related employer businesses in Colfax County.

Financial & Professional Services

24 related employer businesses in Colfax County.

Retail Stores

24 related employer businesses in Colfax County.

Gas Stations & Convenience

18 related employer businesses in Colfax County.

  • Gas Stations: 18 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

16 related employer businesses in Colfax 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: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Energy & Utilities

11 related employer businesses in Colfax County.

Automotive & Boat

10 related employer businesses in Colfax County.

  • Auto Repair: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Medical Practices

10 related employer businesses in Colfax County.

Manufacturing

8 related employer businesses in Colfax County.

Home Services

5 related employer businesses in Colfax County.

Senior Care & Living

5 related employer businesses in Colfax County.

Pharmacies & Medical Supply

4 related employer businesses in Colfax County.

Entertainment & Recreation

3 related employer businesses in Colfax County.

Working with owners in Colfax County

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

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FREQUENTLY ASKED QUESTIONS

Questions owners in Colfax County ask

How long does it take to sell a business in Colfax 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.

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How is a business valued in Colfax 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.

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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.

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FROM OUR BLOG

Guides for owners in Colfax 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