Home

/

/

/

Cortland County

Selling a Business in Cortland County

Cortland County has 981 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 accommodation and food service.

LOCAL SNAPSHOT

Cortland County by the numbers

981

981

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

2,714

2,714

BUSINESSES WITH NO EMPLOYEES

14,353

14,353

EMPLOYMENT

$619 million

$619 million

ANNUAL PAYROLL

435

435

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 Cortland County compares

  • Cortland County ranks 50th of 62 New York counties and county equivalents for employer businesses.

  • The number of employer businesses fell 4.1% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Cortland County, compared with 3% in New York.

  • 435 employer businesses here have 5 to 49 employees.

  • Cortland County ranks 50th of 62 New York counties and county equivalents for employer businesses.

  • The number of employer businesses fell 4.1% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Cortland County, compared with 3% in New York.

  • 435 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 159 employer businesses

  • Accommodation and food service: 131 employer businesses

  • Repair, personal care and other services: 120 employer businesses

  • Health care and social assistance: 106 employer businesses

  • Construction: 101 employer businesses

The largest industries by number of employer businesses:

  • Retail: 159 employer businesses

  • Accommodation and food service: 131 employer businesses

  • Repair, personal care and other services: 120 employer businesses

  • Health care and social assistance: 106 employer businesses

  • Construction: 101 employer businesses

INDUSTRIES

What sells in Cortland County

Retail, accommodation and food service, repair, personal care and other services, health care and social assistance

Every kind of business we sell in Cortland County

These are the industries in Cortland 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

112 related employer businesses in Cortland County.

Construction & Engineering

103 related employer businesses in Cortland County.

  • General Contracting: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 17 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 15 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 10 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 10 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Automotive & Boat

55 related employer businesses in Cortland County.

  • Auto Repair: 19 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 12 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 9 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Car Washes: 3 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

Financial & Professional Services

48 related employer businesses in Cortland County.

Retail Stores

41 related employer businesses in Cortland County.

Manufacturing

40 related employer businesses in Cortland County.

Medical Practices

40 related employer businesses in Cortland County.

Entertainment & Recreation

21 related employer businesses in Cortland County.

  • Bars & Pubs: 12 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 12 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

Gas Stations & Convenience

18 related employer businesses in Cortland County.

  • Gas Stations: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 8 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Hospitality & Travel

15 related employer businesses in Cortland County.

  • Hotels: 15 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 15 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Logistics & Transportation

15 related employer businesses in Cortland County.

Beauty & Personal Care

14 related employer businesses in Cortland County.

  • Hair Salons: 11 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 3 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

Energy & Utilities

12 related employer businesses in Cortland County.

Home Services

10 related employer businesses in Cortland County.

Health & Fitness

8 related employer businesses in Cortland County.

Wholesale & Distribution

7 related employer businesses in Cortland County.

Education & Childcare

6 related employer businesses in Cortland County.

  • Daycare Centers: 6 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

6 related employer businesses in Cortland County.

Pet Services

5 related employer businesses in Cortland County.

Senior Care & Living

5 related employer businesses in Cortland County.

These are the industries in Cortland 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

112 related employer businesses in Cortland County.

Construction & Engineering

103 related employer businesses in Cortland County.

  • General Contracting: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 17 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Landscaping: 15 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Plumbing: 10 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 10 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Automotive & Boat

55 related employer businesses in Cortland County.

  • Auto Repair: 19 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 12 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 9 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

  • Car Washes: 3 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.

Financial & Professional Services

48 related employer businesses in Cortland County.

Retail Stores

41 related employer businesses in Cortland County.

Manufacturing

40 related employer businesses in Cortland County.

Medical Practices

40 related employer businesses in Cortland County.

Entertainment & Recreation

21 related employer businesses in Cortland County.

  • Bars & Pubs: 12 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 12 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 6 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

  • Bowling Alleys: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.

Gas Stations & Convenience

18 related employer businesses in Cortland County.

  • Gas Stations: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 8 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Hospitality & Travel

15 related employer businesses in Cortland County.

  • Hotels: 15 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 15 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Logistics & Transportation

15 related employer businesses in Cortland County.

Beauty & Personal Care

14 related employer businesses in Cortland County.

  • Hair Salons: 11 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

  • Nail Salons: 3 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

Energy & Utilities

12 related employer businesses in Cortland County.

Home Services

10 related employer businesses in Cortland County.

Health & Fitness

8 related employer businesses in Cortland County.

Wholesale & Distribution

7 related employer businesses in Cortland County.

Education & Childcare

6 related employer businesses in Cortland County.

  • Daycare Centers: 6 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

6 related employer businesses in Cortland County.

Pet Services

5 related employer businesses in Cortland County.

Senior Care & Living

5 related employer businesses in Cortland County.

Working with owners in Cortland County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Cortland County ask

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

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

How is a business valued in Cortland 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 Cortland 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