Selling a Business in Hill County
Hill County has 493 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 construction.
Areas in Montana
LOCAL SNAPSHOT
Hill County by the numbers
493
493
EMPLOYER BUSINESSES
90%
90%
SMALL EMPLOYER SHARE
932
932
BUSINESSES WITH NO EMPLOYEES
5,092
5,092
EMPLOYMENT
$240 million
$240 million
ANNUAL PAYROLL
203
203
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 Hill County compares
Hill County ranks 13th of 56 Montana counties and county equivalents for employer businesses.
The number of employer businesses fell 5.9% between 2018 and 2023.
Finance and insurance makes up 7% of employer businesses in Hill County, compared with 5% in Montana.
203 employer businesses here have 5 to 49 employees.
Hill County ranks 13th of 56 Montana counties and county equivalents for employer businesses.
The number of employer businesses fell 5.9% between 2018 and 2023.
Finance and insurance makes up 7% of employer businesses in Hill County, compared with 5% in Montana.
203 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 72 employer businesses
Construction: 72 employer businesses
Health care and social assistance: 56 employer businesses
Accommodation and food service: 53 employer businesses
Repair, personal care and other services: 43 employer businesses
The largest industries by number of employer businesses:
Retail: 72 employer businesses
Construction: 72 employer businesses
Health care and social assistance: 56 employer businesses
Accommodation and food service: 53 employer businesses
Repair, personal care and other services: 43 employer businesses
INDUSTRIES
What sells in Hill County
Retail, construction, health care and social assistance, accommodation and food service
Every kind of business we sell in Hill County
These are the industries in Hill 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
65 related employer businesses in Hill County.
General Contracting: 21 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Financial & Professional Services
34 related employer businesses in Hill County.
Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 10 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 6 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
32 related employer businesses in Hill County.
Fashion, Apparel & Jewelry: 12 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 6 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Restaurants & Food
30 related employer businesses in Hill County.
Full-Service Restaurants: 14 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 13 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Entertainment & Recreation
19 related employer businesses in Hill County.
Bars & Pubs: 13 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 13 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Logistics & Transportation
19 related employer businesses in Hill County.
General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Last-Mile & Courier: 7 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Automotive & Boat
18 related employer businesses in Hill County.
Auto Repair: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Dealerships: 3 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Medical Practices
15 related employer businesses in Hill County.
Mental & Behavioral Health: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Gas Stations & Convenience
11 related employer businesses in Hill County.
Gas Stations: 11 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Education & Childcare
8 related employer businesses in Hill County.
Daycare Centers: 8 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Hospitality & Travel
7 related employer businesses in Hill County.
Hotels: 7 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 7 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Health & Fitness
6 related employer businesses in Hill County.
Gyms & Health Clubs: 3 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
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.
Wholesale & Distribution
4 related employer businesses in Hill County.
Industrial & Construction Supply: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Energy & Utilities
3 related employer businesses in Hill County.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Home Services
3 related employer businesses in Hill County.
Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Manufacturing
3 related employer businesses in Hill County.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Pharmacies & Medical Supply
3 related employer businesses in Hill County.
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.
These are the industries in Hill 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
65 related employer businesses in Hill County.
General Contracting: 21 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 11 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 11 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 11 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 6 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 3 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Financial & Professional Services
34 related employer businesses in Hill County.
Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 10 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 6 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 3 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
32 related employer businesses in Hill County.
Fashion, Apparel & Jewelry: 12 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 6 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Restaurants & Food
30 related employer businesses in Hill County.
Full-Service Restaurants: 14 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 13 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Coffee Shops: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Entertainment & Recreation
19 related employer businesses in Hill County.
Bars & Pubs: 13 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 13 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Logistics & Transportation
19 related employer businesses in Hill County.
General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Last-Mile & Courier: 7 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Automotive & Boat
18 related employer businesses in Hill County.
Auto Repair: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 5 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Dealerships: 3 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Medical Practices
15 related employer businesses in Hill County.
Mental & Behavioral Health: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Gas Stations & Convenience
11 related employer businesses in Hill County.
Gas Stations: 11 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Education & Childcare
8 related employer businesses in Hill County.
Daycare Centers: 8 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Hospitality & Travel
7 related employer businesses in Hill County.
Hotels: 7 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 7 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Health & Fitness
6 related employer businesses in Hill County.
Gyms & Health Clubs: 3 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
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.
Wholesale & Distribution
4 related employer businesses in Hill County.
Industrial & Construction Supply: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Energy & Utilities
3 related employer businesses in Hill County.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Home Services
3 related employer businesses in Hill County.
Residential Cleaning: 3 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 3 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Manufacturing
3 related employer businesses in Hill County.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Pharmacies & Medical Supply
3 related employer businesses in Hill County.
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.
Working with owners in Hill County
Business Advisors of America works with owners who are selling a business in Hill County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Hill County ask
How long does it take to sell a business in Hill County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Hill 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 Hill 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