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Iron County

Selling a Business in Iron County

Iron County has 193 employer businesses, and 91% 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 accommodation and food service and construction.

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Areas in Wisconsin

LOCAL SNAPSHOT

Iron County by the numbers

193

193

EMPLOYER BUSINESSES

91%

91%

SMALL EMPLOYER SHARE

497

497

BUSINESSES WITH NO EMPLOYEES

1,345

1,345

EMPLOYMENT

$51 million

$51 million

ANNUAL PAYROLL

61

61

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 Iron County compares

  • Iron County ranks 70th of 72 Wisconsin counties and county equivalents for employer businesses.

  • The number of employer businesses was unchanged between 2018 and 2023.

  • Accommodation and food service makes up 22% of employer businesses in Iron County, compared with 11% in Wisconsin.

  • 61 employer businesses here have 5 to 49 employees.

  • Iron County ranks 70th of 72 Wisconsin counties and county equivalents for employer businesses.

  • The number of employer businesses was unchanged between 2018 and 2023.

  • Accommodation and food service makes up 22% of employer businesses in Iron County, compared with 11% in Wisconsin.

  • 61 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Accommodation and food service: 42 employer businesses

  • Construction: 29 employer businesses

  • Retail: 23 employer businesses

  • Health care and social assistance: 15 employer businesses

  • Repair, personal care and other services: 11 employer businesses

The largest industries by number of employer businesses:

  • Accommodation and food service: 42 employer businesses

  • Construction: 29 employer businesses

  • Retail: 23 employer businesses

  • Health care and social assistance: 15 employer businesses

  • Repair, personal care and other services: 11 employer businesses

INDUSTRIES

What sells in Iron County

Accommodation and food service, construction, retail, health care and social assistance

Bakeries

Restaurants & Food

Coffee Shops

Restaurants & Food

Bed & Breakfasts / Inns

Hospitality & Travel

Campgrounds & RV Parks

Hospitality & Travel

Carpentry & Framing

Construction & Engineering

Civil Engineering

Construction & Engineering

Every kind of business we sell in Iron County

These are the industries in Iron 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

25 related employer businesses in Iron County.

  • General Contracting: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 6 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

16 related employer businesses in Iron County.

Entertainment & Recreation

15 related employer businesses in Iron County.

  • Bars & Pubs: 15 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 15 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Hospitality & Travel

7 related employer businesses in Iron County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Gas Stations & Convenience

6 related employer businesses in Iron County.

  • Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Financial & Professional Services

4 related employer businesses in Iron County.

Medical Practices

4 related employer businesses in Iron County.

Energy & Utilities

3 related employer businesses in Iron County.

Logistics & Transportation

3 related employer businesses in Iron County.

Wholesale & Distribution

3 related employer businesses in Iron County.

These are the industries in Iron 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

25 related employer businesses in Iron County.

  • General Contracting: 7 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 6 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

16 related employer businesses in Iron County.

Entertainment & Recreation

15 related employer businesses in Iron County.

  • Bars & Pubs: 15 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 15 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

Hospitality & Travel

7 related employer businesses in Iron County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

Gas Stations & Convenience

6 related employer businesses in Iron County.

  • Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Financial & Professional Services

4 related employer businesses in Iron County.

Medical Practices

4 related employer businesses in Iron County.

Energy & Utilities

3 related employer businesses in Iron County.

Logistics & Transportation

3 related employer businesses in Iron County.

Wholesale & Distribution

3 related employer businesses in Iron County.

Working with owners in Iron County

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

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FREQUENTLY ASKED QUESTIONS

Questions owners in Iron County ask

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

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

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How is a business valued in Iron 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.

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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.

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FROM OUR BLOG

Guides for owners in Iron 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