Selling a Business in Halifax County

Halifax County has 934 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 health care and social assistance.

LOCAL SNAPSHOT

Halifax County by the numbers

934

934

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

2,892

2,892

BUSINESSES WITH NO EMPLOYEES

12,340

12,340

EMPLOYMENT

$516 million

$516 million

ANNUAL PAYROLL

452

452

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 Halifax County compares

  • Halifax County ranks 56th of 100 North Carolina counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.6% between 2018 and 2023.

  • Retail makes up 22% of employer businesses in Halifax County, compared with 14% in North Carolina.

  • 452 employer businesses here have 5 to 49 employees.

  • Halifax County ranks 56th of 100 North Carolina counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.6% between 2018 and 2023.

  • Retail makes up 22% of employer businesses in Halifax County, compared with 14% in North Carolina.

  • 452 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 206 employer businesses

  • Health care and social assistance: 142 employer businesses

  • Repair, personal care and other services: 107 employer businesses

  • Accommodation and food service: 106 employer businesses

  • Construction: 60 employer businesses

The largest industries by number of employer businesses:

  • Retail: 206 employer businesses

  • Health care and social assistance: 142 employer businesses

  • Repair, personal care and other services: 107 employer businesses

  • Accommodation and food service: 106 employer businesses

  • Construction: 60 employer businesses

INDUSTRIES

What sells in Halifax County

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

Every kind of business we sell in Halifax County

These are the industries in Halifax 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

103 related employer businesses in Halifax County.

Medical Practices

76 related employer businesses in Halifax County.

Construction & Engineering

60 related employer businesses in Halifax County.

  • Plumbing: 20 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 20 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 14 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Foundation & Site Prep: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • General Contracting: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

Retail Stores

53 related employer businesses in Halifax County.

Automotive & Boat

43 related employer businesses in Halifax County.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 11 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

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

  • Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

43 related employer businesses in Halifax County.

  • Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 9 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

34 related employer businesses in Halifax County.

Logistics & Transportation

29 related employer businesses in Halifax County.

Manufacturing

20 related employer businesses in Halifax County.

Pharmacies & Medical Supply

17 related employer businesses in Halifax County.

Education & Childcare

16 related employer businesses in Halifax County.

  • Daycare Centers: 16 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Hospitality & Travel

13 related employer businesses in Halifax 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.

Home Services

12 related employer businesses in Halifax County.

  • Property Management: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Pest Control: 4 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.

Energy & Utilities

8 related employer businesses in Halifax County.

Entertainment & Recreation

6 related employer businesses in Halifax County.

  • Bars & Pubs: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 3 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.

Beauty & Personal Care

5 related employer businesses in Halifax County.

  • Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Senior Care & Living

5 related employer businesses in Halifax County.

These are the industries in Halifax 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

103 related employer businesses in Halifax County.

Medical Practices

76 related employer businesses in Halifax County.

Construction & Engineering

60 related employer businesses in Halifax County.

  • Plumbing: 20 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 20 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 14 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Interior Finishing: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Foundation & Site Prep: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • General Contracting: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

Retail Stores

53 related employer businesses in Halifax County.

Automotive & Boat

43 related employer businesses in Halifax County.

  • Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 11 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

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

  • Towing & Repo: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

Gas Stations & Convenience

43 related employer businesses in Halifax County.

  • Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 9 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Financial & Professional Services

34 related employer businesses in Halifax County.

Logistics & Transportation

29 related employer businesses in Halifax County.

Manufacturing

20 related employer businesses in Halifax County.

Pharmacies & Medical Supply

17 related employer businesses in Halifax County.

Education & Childcare

16 related employer businesses in Halifax County.

  • Daycare Centers: 16 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Hospitality & Travel

13 related employer businesses in Halifax 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.

Home Services

12 related employer businesses in Halifax County.

  • Property Management: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Pest Control: 4 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.

Energy & Utilities

8 related employer businesses in Halifax County.

Entertainment & Recreation

6 related employer businesses in Halifax County.

  • Bars & Pubs: 3 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 3 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.

Beauty & Personal Care

5 related employer businesses in Halifax County.

  • Hair Salons: 5 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Senior Care & Living

5 related employer businesses in Halifax County.

Working with owners in Halifax County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Halifax County ask

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

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

How is a business valued in Halifax 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 Halifax 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