Selling a Business in Converse County
Converse County has 465 employer businesses, and 91% 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 repair, personal care and other services and retail.
LOCAL SNAPSHOT
Converse County by the numbers
465
465
EMPLOYER BUSINESSES
91%
91%
SMALL EMPLOYER SHARE
1,168
1,168
BUSINESSES WITH NO EMPLOYEES
4,169
4,169
EMPLOYMENT
$288 million
$288 million
ANNUAL PAYROLL
171
171
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 Converse County compares
Converse County ranks 14th of 23 Wyoming counties and county equivalents for employer businesses.
The number of employer businesses grew 8.6% between 2018 and 2023.
Mining and oil and gas makes up 8% of employer businesses in Converse County, compared with 2% in Wyoming.
171 employer businesses here have 5 to 49 employees.
Converse County ranks 14th of 23 Wyoming counties and county equivalents for employer businesses.
The number of employer businesses grew 8.6% between 2018 and 2023.
Mining and oil and gas makes up 8% of employer businesses in Converse County, compared with 2% in Wyoming.
171 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Repair, personal care and other services: 55 employer businesses
Retail: 53 employer businesses
Construction: 52 employer businesses
Transportation and warehousing: 51 employer businesses
Mining and oil and gas: 37 employer businesses
The largest industries by number of employer businesses:
Repair, personal care and other services: 55 employer businesses
Retail: 53 employer businesses
Construction: 52 employer businesses
Transportation and warehousing: 51 employer businesses
Mining and oil and gas: 37 employer businesses
INDUSTRIES
What sells in Converse County
Repair, personal care and other services, retail, construction, transportation and warehousing
Every kind of business we sell in Converse County
These are the industries in Converse 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
51 related employer businesses in Converse County.
Foundation & Site Prep: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 7 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 5 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
Remediation & Restoration: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Logistics & Transportation
42 related employer businesses in Converse County.
General Freight Trucking: 35 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Heavy Haul Transport: 3 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Energy & Utilities
37 related employer businesses in Converse County.
Oil & Gas Services: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Water & Wastewater Services: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Restaurants & Food
27 related employer businesses in Converse County.
Full-Service Restaurants: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
17 related employer businesses in Converse County.
Auto Repair: 10 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Financial & Professional Services
15 related employer businesses in Converse County.
Accounting & Tax Practices: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 4 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 4 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Medical Practices
12 related employer businesses in Converse County.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 4 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Hospitality & Travel
10 related employer businesses in Converse County.
Hotels: 10 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 10 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Retail Stores
9 related employer businesses in Converse County.
Hardware, Garden & Building: 6 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.
Gas Stations & Convenience
7 related employer businesses in Converse County.
Gas Stations: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Beauty & Personal Care
5 related employer businesses in Converse County.
Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Education & Childcare
5 related employer businesses in Converse County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Entertainment & Recreation
4 related employer businesses in Converse County.
Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Home Services
4 related employer businesses in Converse County.
Residential Cleaning: 4 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 4 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Manufacturing
3 related employer businesses in Converse County.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
These are the industries in Converse 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
51 related employer businesses in Converse County.
Foundation & Site Prep: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Landscaping: 7 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 5 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
Remediation & Restoration: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Logistics & Transportation
42 related employer businesses in Converse County.
General Freight Trucking: 35 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Heavy Haul Transport: 3 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Energy & Utilities
37 related employer businesses in Converse County.
Oil & Gas Services: 25 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Water & Wastewater Services: 5 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Restaurants & Food
27 related employer businesses in Converse County.
Full-Service Restaurants: 12 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
17 related employer businesses in Converse County.
Auto Repair: 10 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Financial & Professional Services
15 related employer businesses in Converse County.
Accounting & Tax Practices: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 4 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 4 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Medical Practices
12 related employer businesses in Converse County.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 4 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Hospitality & Travel
10 related employer businesses in Converse County.
Hotels: 10 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 10 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Retail Stores
9 related employer businesses in Converse County.
Hardware, Garden & Building: 6 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.
Gas Stations & Convenience
7 related employer businesses in Converse County.
Gas Stations: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Beauty & Personal Care
5 related employer businesses in Converse County.
Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Education & Childcare
5 related employer businesses in Converse County.
Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Entertainment & Recreation
4 related employer businesses in Converse County.
Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Home Services
4 related employer businesses in Converse County.
Residential Cleaning: 4 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 4 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Manufacturing
3 related employer businesses in Converse County.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Working with owners in Converse County
Business Advisors of America works with owners who are selling a business in Converse County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Converse County ask
How long does it take to sell a business in Converse County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Converse 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 Converse 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