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Franklin County

Selling a Business in Franklin County

Franklin County has 696 employer businesses, and 90% 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 repair, personal care and other services.

LOCAL SNAPSHOT

Franklin County by the numbers

696

696

EMPLOYER BUSINESSES

90%

90%

SMALL EMPLOYER SHARE

2,073

2,073

BUSINESSES WITH NO EMPLOYEES

6,940

6,940

EMPLOYMENT

$293 million

$293 million

ANNUAL PAYROLL

310

310

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 County compares

  • Franklin County ranks 44th of 102 Illinois counties and county equivalents for employer businesses.

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

  • Retail makes up 18% of employer businesses in Franklin County, compared with 11% in Illinois.

  • 310 employer businesses here have 5 to 49 employees.

  • Franklin County ranks 44th of 102 Illinois counties and county equivalents for employer businesses.

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

  • Retail makes up 18% of employer businesses in Franklin County, compared with 11% in Illinois.

  • 310 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 125 employer businesses

  • Repair, personal care and other services: 96 employer businesses

  • Accommodation and food service: 91 employer businesses

  • Construction: 70 employer businesses

  • Health care and social assistance: 66 employer businesses

The largest industries by number of employer businesses:

  • Retail: 125 employer businesses

  • Repair, personal care and other services: 96 employer businesses

  • Accommodation and food service: 91 employer businesses

  • Construction: 70 employer businesses

  • Health care and social assistance: 66 employer businesses

INDUSTRIES

What sells in Franklin County

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

Every kind of business we sell in Franklin County

These are the industries in Franklin 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

75 related employer businesses in Franklin County.

Construction & Engineering

59 related employer businesses in Franklin County.

  • General Contracting: 19 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 10 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 8 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 8 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Automotive & Boat

37 related employer businesses in Franklin County.

  • Auto Repair: 13 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • 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.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

Medical Practices

37 related employer businesses in Franklin County.

Retail Stores

29 related employer businesses in Franklin County.

Gas Stations & Convenience

28 related employer businesses in Franklin County.

  • Gas Stations: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

26 related employer businesses in Franklin County.

Entertainment & Recreation

17 related employer businesses in Franklin County.

  • Bars & Pubs: 14 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 14 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Logistics & Transportation

15 related employer businesses in Franklin County.

Manufacturing

15 related employer businesses in Franklin County.

Wholesale & Distribution

14 related employer businesses in Franklin County.

Hospitality & Travel

11 related employer businesses in Franklin County.

  • Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 5 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Education & Childcare

7 related employer businesses in Franklin County.

  • Daycare Centers: 7 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Health & Fitness

7 related employer businesses in Franklin County.

Home Services

5 related employer businesses in Franklin County.

  • Pest Control: 5 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.

Pharmacies & Medical Supply

5 related employer businesses in Franklin County.

Energy & Utilities

4 related employer businesses in Franklin County.

These are the industries in Franklin 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

75 related employer businesses in Franklin County.

Construction & Engineering

59 related employer businesses in Franklin County.

  • General Contracting: 19 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 10 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Landscaping: 8 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Plumbing: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 8 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Roofing & Siding: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Automotive & Boat

37 related employer businesses in Franklin County.

  • Auto Repair: 13 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • 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.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

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

Medical Practices

37 related employer businesses in Franklin County.

Retail Stores

29 related employer businesses in Franklin County.

Gas Stations & Convenience

28 related employer businesses in Franklin County.

  • Gas Stations: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

26 related employer businesses in Franklin County.

Entertainment & Recreation

17 related employer businesses in Franklin County.

  • Bars & Pubs: 14 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 14 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Outdoor Recreation: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

Logistics & Transportation

15 related employer businesses in Franklin County.

Manufacturing

15 related employer businesses in Franklin County.

Wholesale & Distribution

14 related employer businesses in Franklin County.

Hospitality & Travel

11 related employer businesses in Franklin County.

  • Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 5 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Education & Childcare

7 related employer businesses in Franklin County.

  • Daycare Centers: 7 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Health & Fitness

7 related employer businesses in Franklin County.

Home Services

5 related employer businesses in Franklin County.

  • Pest Control: 5 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.

Pharmacies & Medical Supply

5 related employer businesses in Franklin County.

Energy & Utilities

4 related employer businesses in Franklin County.

Working with owners in Franklin County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Franklin County ask

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

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

How is a business valued in Franklin 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 Franklin 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