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Knox County

Selling a Business in Knox County

Knox County has 449 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.

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Areas in Kentucky

AdairAllenAndersonBallardBarrenBathBellBooneBourbonBowling GreenBoydBoyleBrackenBreathittBreckinridgeBullittButlerCaldwellCallowayCampbellCarlisleCarrollCarterCaseyChristianClarkClarksvilleClayClintonCrittendenCumberlandDaviessEdmonsonElizabethtownElliottEstillFayetteFlemingFloydFranklinFultonGallatinGarrardGrantGravesGraysonGreater CincinnatiGreenGreenupHancockHardinHarlanHarrisonHartHendersonHenryHickmanHopkinsHuntingtonJacksonJefferson CountyJessamineJohnsonKentonKnottKnoxLarueLaurelLawrenceLeeLeslieLetcherLewisLexingtonLincolnLivingstonLoganLouisvilleLyonMadisonMagoffinMarionMarshallMartinMasonMcCrackenMcCrearyMcLeanMeadeMenifeeMercerMetcalfeMonroeMontgomeryMorganMuhlenbergNelsonNicholasOhioOldhamOwenOwensboroOwsleyPaducahPendletonPerryPikePowellPulaskiRobertsonRockcastleRowanRussellScottShelbySimpsonSpencerTaylorToddTriggTrimbleUnionWarrenWashingtonWayneWebsterWhitleyWolfeWoodford

LOCAL SNAPSHOT

Knox County by the numbers

449

449

EMPLOYER BUSINESSES

85%

85%

SMALL EMPLOYER SHARE

2,162

2,162

BUSINESSES WITH NO EMPLOYEES

7,102

7,102

EMPLOYMENT

$328 million

$328 million

ANNUAL PAYROLL

223

223

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 Knox County compares

  • Knox County ranks 41st of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses fell 5.5% between 2018 and 2023.

  • Retail makes up 24% of employer businesses in Knox County, compared with 16% in Kentucky.

  • 223 employer businesses here have 5 to 49 employees.

  • Knox County ranks 41st of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses fell 5.5% between 2018 and 2023.

  • Retail makes up 24% of employer businesses in Knox County, compared with 16% in Kentucky.

  • 223 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 108 employer businesses

  • Health care and social assistance: 82 employer businesses

  • Repair, personal care and other services: 40 employer businesses

  • Accommodation and food service: 40 employer businesses

  • Finance and insurance: 33 employer businesses

The largest industries by number of employer businesses:

  • Retail: 108 employer businesses

  • Health care and social assistance: 82 employer businesses

  • Repair, personal care and other services: 40 employer businesses

  • Accommodation and food service: 40 employer businesses

  • Finance and insurance: 33 employer businesses

INDUSTRIES

What sells in Knox County

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

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Dental Practices

Medical Practices

Home Health & Hospice

Medical Practices

Gyms & Health Clubs

Health & Fitness

Personal Training Studios

Health & Fitness

Every kind of business we sell in Knox County

These are the industries in Knox 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

43 related employer businesses in Knox County.

Medical Practices

39 related employer businesses in Knox County.

Retail Stores

30 related employer businesses in Knox County.

Financial & Professional Services

25 related employer businesses in Knox County.

Gas Stations & Convenience

20 related employer businesses in Knox County.

  • Gas Stations: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Education & Childcare

15 related employer businesses in Knox County.

  • Daycare Centers: 15 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

14 related employer businesses in Knox County.

Construction & Engineering

12 related employer businesses in Knox County.

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

  • Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Logistics & Transportation

12 related employer businesses in Knox County.

Manufacturing

11 related employer businesses in Knox County.

Automotive & Boat

6 related employer businesses in Knox County.

  • Auto Parts: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Health & Fitness

4 related employer businesses in Knox County.

Hospitality & Travel

3 related employer businesses in Knox County.

  • Hotels: 3 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 3 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

These are the industries in Knox 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

43 related employer businesses in Knox County.

Medical Practices

39 related employer businesses in Knox County.

Retail Stores

30 related employer businesses in Knox County.

Financial & Professional Services

25 related employer businesses in Knox County.

Gas Stations & Convenience

20 related employer businesses in Knox County.

  • Gas Stations: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Education & Childcare

15 related employer businesses in Knox County.

  • Daycare Centers: 15 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

14 related employer businesses in Knox County.

Construction & Engineering

12 related employer businesses in Knox County.

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

  • Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Logistics & Transportation

12 related employer businesses in Knox County.

Manufacturing

11 related employer businesses in Knox County.

Automotive & Boat

6 related employer businesses in Knox County.

  • Auto Parts: 6 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Health & Fitness

4 related employer businesses in Knox County.

Hospitality & Travel

3 related employer businesses in Knox County.

  • Hotels: 3 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 3 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Working with owners in Knox County

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

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FREQUENTLY ASKED QUESTIONS

Questions owners in Knox County ask

How long does it take to sell a business in Knox 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 Knox 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 Knox 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