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Franklin city

Selling a Business in Franklin city

Franklin city has 263 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.

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LOCAL SNAPSHOT

Franklin city by the numbers

263

EMPLOYER BUSINESSES

85%

SMALL EMPLOYER SHARE

524

BUSINESSES WITH NO EMPLOYEES

3,369

EMPLOYMENT

$102 million

ANNUAL PAYROLL

128

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 Franklin city compares

Franklin city ranks 104th of 133 Virginia counties and county equivalents for employer businesses.
The number of employer businesses fell 4.4% between 2018 and 2023.
Health care and social assistance makes up 22% of employer businesses in Franklin city, compared with 11% in Virginia.
128 employer businesses here have 5 to 49 employees.

Franklin city ranks 104th of 133 Virginia counties and county equivalents for employer businesses.
The number of employer businesses fell 4.4% between 2018 and 2023.
Health care and social assistance makes up 22% of employer businesses in Franklin city, compared with 11% in Virginia.
128 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Health care and social assistance: 58 employer businesses
Retail: 52 employer businesses
Repair, personal care and other services: 34 employer businesses
Accommodation and food service: 29 employer businesses
Finance and insurance: 20 employer businesses

The largest industries by number of employer businesses:

Health care and social assistance: 58 employer businesses
Retail: 52 employer businesses
Repair, personal care and other services: 34 employer businesses
Accommodation and food service: 29 employer businesses
Finance and insurance: 20 employer businesses

INDUSTRIES

What sells in Franklin city

Health care and social assistance, retail, repair, personal care and other services, accommodation and food service

Dental Practices

Medical Practices

Home Health & Hospice

Medical Practices

Gyms & Health Clubs

Health & Fitness

Personal Training Studios

Health & Fitness

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Every kind of business we sell in Franklin city

We sell businesses in every one of these industries in Franklin city. 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

30 related employer businesses in Franklin city.

Home Health & Hospice: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Primary & Family Care: 9 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.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Restaurants & Food

22 related employer businesses in Franklin city.

Quick-Service & Fast Food: 12 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 10 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Pharmacies & Medical Supply

17 related employer businesses in Franklin city.

Home Infusion: 14 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
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.

Retail Stores

15 related employer businesses in Franklin city.

Fashion, Apparel & Jewelry: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 5 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.

Financial & Professional Services

14 related employer businesses in Franklin city.

Insurance Agencies: 9 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 5 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Automotive & Boat

12 related employer businesses in Franklin city.

Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Gas Stations & Convenience

7 related employer businesses in Franklin city.

Gas Stations: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Beauty & Personal Care

4 related employer businesses in Franklin city.

Nail Salons: 4 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

Education & Childcare

4 related employer businesses in Franklin city.

Daycare Centers: 4 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Construction & Engineering

3 related employer businesses in Franklin city.

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

Health & Fitness

3 related employer businesses in Franklin city.

Gyms & Health Clubs: 3 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 3 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 3 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 3 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

Hospitality & Travel

3 related employer businesses in Franklin city.

Hotels: 3 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 3 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

3 related employer businesses in Franklin city.

Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Medical Practices

30 related employer businesses in Franklin city.

Home Health & Hospice: 14 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Primary & Family Care: 9 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.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Restaurants & Food

22 related employer businesses in Franklin city.

Quick-Service & Fast Food: 12 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 10 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.

Pharmacies & Medical Supply

17 related employer businesses in Franklin city.

Home Infusion: 14 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
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.

Retail Stores

15 related employer businesses in Franklin city.

Fashion, Apparel & Jewelry: 6 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 5 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.

Financial & Professional Services

14 related employer businesses in Franklin city.

Insurance Agencies: 9 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 5 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Automotive & Boat

12 related employer businesses in Franklin city.

Collision Repair: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Gas Stations & Convenience

7 related employer businesses in Franklin city.

Gas Stations: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Beauty & Personal Care

4 related employer businesses in Franklin city.

Nail Salons: 4 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.

Education & Childcare

4 related employer businesses in Franklin city.

Daycare Centers: 4 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Construction & Engineering

3 related employer businesses in Franklin city.

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

Health & Fitness

3 related employer businesses in Franklin city.

Gyms & Health Clubs: 3 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 3 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 3 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 3 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

Hospitality & Travel

3 related employer businesses in Franklin city.

Hotels: 3 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 3 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Senior Care & Living

3 related employer businesses in Franklin city.

Non-Medical Home Care: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Working with owners in Franklin city

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

Get a Free Valuation

FREQUENTLY ASKED QUESTIONS

Questions owners in Franklin city ask

How long does it take to sell a business in Franklin city?

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.

How is a business valued in Franklin city?

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 Franklin city

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

Selling a Business in Franklin city

Areas in Virginia

Franklin city by the numbers

263

263

85%

85%

524

524

3,369

3,369

$102 million

$102 million

128

128

How Franklin city compares

Industry mix

What sells in Franklin city

Dental Practices

Home Health & Hospice

Gyms & Health Clubs

Personal Training Studios

Electronics & Repair

Fashion, Apparel & Jewelry

Every kind of business we sell in Franklin city

Working with owners in Franklin city

Questions owners in Franklin city ask

Guides for owners in Franklin city