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Kanabec County

Selling a Business in Kanabec County

Kanabec County has 314 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 construction and retail.

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LOCAL SNAPSHOT

Kanabec County by the numbers

314

EMPLOYER BUSINESSES

90%

SMALL EMPLOYER SHARE

1,133

BUSINESSES WITH NO EMPLOYEES

3,371

EMPLOYMENT

$174 million

ANNUAL PAYROLL

126

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 Kanabec County compares

Kanabec County ranks 67th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 4.3% between 2018 and 2023.
Construction makes up 18% of employer businesses in Kanabec County, compared with 11% in Minnesota.
126 employer businesses here have 5 to 49 employees.

Kanabec County ranks 67th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 4.3% between 2018 and 2023.
Construction makes up 18% of employer businesses in Kanabec County, compared with 11% in Minnesota.
126 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Construction: 56 employer businesses
Retail: 47 employer businesses
Health care and social assistance: 42 employer businesses
Repair, personal care and other services: 40 employer businesses
Accommodation and food service: 26 employer businesses

The largest industries by number of employer businesses:

Construction: 56 employer businesses
Retail: 47 employer businesses
Health care and social assistance: 42 employer businesses
Repair, personal care and other services: 40 employer businesses
Accommodation and food service: 26 employer businesses

INDUSTRIES

What sells in Kanabec County

Construction, retail, health care and social assistance, repair, personal care and other services

Carpentry & Framing

Construction & Engineering

Civil Engineering

Construction & Engineering

Audio Visual (AV)

Home Services

Commercial Cleaning

Home Services

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Every kind of business we sell in Kanabec County

These are the industries in Kanabec 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

50 related employer businesses in Kanabec County.

Foundation & Site Prep: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 11 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
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.
Electrical: 3 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

20 related employer businesses in Kanabec County.

Full-Service Restaurants: 11 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Manufacturing

12 related employer businesses in Kanabec County.

Metal Fabrication: 6 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 3 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.

Logistics & Transportation

11 related employer businesses in Kanabec County.

General Freight Trucking: 11 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Automotive & Boat

9 related employer businesses in Kanabec County.

Auto Repair: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Retail Stores

8 related employer businesses in Kanabec County.

Hardware, Garden & Building: 5 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.

Financial & Professional Services

7 related employer businesses in Kanabec County.

Insurance Agencies: 4 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 3 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Gas Stations & Convenience

7 related employer businesses in Kanabec County.

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

Medical Practices

7 related employer businesses in Kanabec County.

Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Health & Fitness

5 related employer businesses in Kanabec County.

Wellness & Recovery Centers: 5 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.

Energy & Utilities

3 related employer businesses in Kanabec County.

Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Home Services

3 related employer businesses in Kanabec 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.

Wholesale & Distribution

3 related employer businesses in Kanabec County.

Industrial & Construction Supply: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.

Construction & Engineering

50 related employer businesses in Kanabec County.

Foundation & Site Prep: 12 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
General Contracting: 11 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
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.
Electrical: 3 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Masonry: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

Restaurants & Food

20 related employer businesses in Kanabec County.

Full-Service Restaurants: 11 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Manufacturing

12 related employer businesses in Kanabec County.

Metal Fabrication: 6 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 3 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Wood & Furniture Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.

Logistics & Transportation

11 related employer businesses in Kanabec County.

General Freight Trucking: 11 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Automotive & Boat

9 related employer businesses in Kanabec County.

Auto Repair: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Retail Stores

8 related employer businesses in Kanabec County.

Hardware, Garden & Building: 5 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Sporting Goods & Firearms: 3 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.

Financial & Professional Services

7 related employer businesses in Kanabec County.

Insurance Agencies: 4 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 3 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.

Gas Stations & Convenience

7 related employer businesses in Kanabec County.

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

Medical Practices

7 related employer businesses in Kanabec County.

Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Health & Fitness

5 related employer businesses in Kanabec County.

Wellness & Recovery Centers: 5 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.

Energy & Utilities

3 related employer businesses in Kanabec County.

Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Home Services

3 related employer businesses in Kanabec 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.

Wholesale & Distribution

3 related employer businesses in Kanabec County.

Industrial & Construction Supply: 3 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.

Working with owners in Kanabec County

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

Get a Free Valuation

FREQUENTLY ASKED QUESTIONS

Questions owners in Kanabec County ask

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

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

How is a business valued in Kanabec 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 Kanabec 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