Selling a Business in Lake County
Lake County has 20,076 employer businesses, and 87% 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 professional and technical services and health care and social assistance.
Part of the Chicagoland area.
Areas in Illinois
LOCAL SNAPSHOT
Lake County by the numbers
20,076
20,076
EMPLOYER BUSINESSES
87%
87%
SMALL EMPLOYER SHARE
65,725
65,725
BUSINESSES WITH NO EMPLOYEES
337,069
337,069
EMPLOYMENT
$31.2 billion
$31.2 billion
ANNUAL PAYROLL
6,655
6,655
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 Lake County compares
Lake County ranks 3rd of 102 Illinois counties and county equivalents for employer businesses.
The number of employer businesses grew 0.7% between 2018 and 2023.
Administrative and support services makes up 7% of employer businesses in Lake County, compared with 5% in Illinois.
6,655 employer businesses here have 5 to 49 employees.
Lake County ranks 3rd of 102 Illinois counties and county equivalents for employer businesses.
The number of employer businesses grew 0.7% between 2018 and 2023.
Administrative and support services makes up 7% of employer businesses in Lake County, compared with 5% in Illinois.
6,655 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Professional and technical services: 2,817 employer businesses
Health care and social assistance: 2,301 employer businesses
Retail: 2,098 employer businesses
Construction: 1,998 employer businesses
Repair, personal care and other services: 1,748 employer businesses
The largest industries by number of employer businesses:
Professional and technical services: 2,817 employer businesses
Health care and social assistance: 2,301 employer businesses
Retail: 2,098 employer businesses
Construction: 1,998 employer businesses
Repair, personal care and other services: 1,748 employer businesses
INDUSTRIES
What sells in Lake County
Professional and technical services, health care and social assistance, retail, construction
Every kind of business we sell in Lake County
These are the industries in Lake 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
2,590 related employer businesses in Lake County.
Landscaping: 706 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
General Contracting: 659 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 344 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 283 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 283 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 181 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 144 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 100 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 86 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 58 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 22 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Medical Practices
1,547 related employer businesses in Lake County.
Primary & Family Care: 483 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 404 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 189 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 167 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 75 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Specialty Medicine: 61 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Home Health & Hospice: 55 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Vision & Eye Care: 50 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical Labs & Imaging: 46 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Urgent Care Clinics: 17 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Restaurants & Food
1,535 related employer businesses in Lake County.
Quick-Service & Fast Food: 574 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 545 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 152 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 149 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 29 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
1,259 related employer businesses in Lake County.
Real Estate Brokerages: 343 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 337 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 311 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Wealth Management: 221 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 28 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 19 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
883 related employer businesses in Lake County.
Fashion, Apparel & Jewelry: 277 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 184 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 138 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 107 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 67 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Electronics & Repair: 58 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Sporting Goods & Firearms: 52 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Logistics & Transportation
805 related employer businesses in Lake County.
General Freight Trucking: 673 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 39 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 24 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Warehousing & Fulfillment: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Heavy Haul Transport: 19 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 19 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 9 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Automotive & Boat
637 related employer businesses in Lake County.
Auto Repair: 270 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 99 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 89 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 83 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 41 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 23 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 17 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
611 related employer businesses in Lake County.
Metal Fabrication: 152 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 128 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 95 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 80 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 64 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 46 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 25 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 21 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Wholesale & Distribution
589 related employer businesses in Lake County.
Industrial & Construction Supply: 253 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 124 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Packaging, Paper & JanSan Distribution: 37 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 29 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Consumer Goods & Apparel Distribution: 26 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Beauty & Personal Care
426 related employer businesses in Lake County.
Hair Salons: 252 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 94 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 56 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 56 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 56 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 24 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Home Services
360 related employer businesses in Lake County.
Residential Cleaning: 199 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 199 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 127 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 25 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 9 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Technology & Media
331 related employer businesses in Lake County.
Creative Agencies: 109 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 108 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 53 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 39 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 22 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Education & Childcare
275 related employer businesses in Lake County.
Daycare Centers: 242 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 33 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Entertainment & Recreation
228 related employer businesses in Lake County.
Bars & Pubs: 101 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 101 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 64 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 42 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 12 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Gas Stations & Convenience
217 related employer businesses in Lake County.
Gas Stations: 198 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 19 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Pharmacies & Medical Supply
210 related employer businesses in Lake County.
Compounding Pharmacies: 79 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 79 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 56 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Home Infusion: 55 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
179 related employer businesses in Lake County.
Hotels: 84 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 84 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 65 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 24 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Health & Fitness
176 related employer businesses in Lake County.
Gyms & Health Clubs: 141 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 141 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 141 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 141 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 35 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Pet Services
119 related employer businesses in Lake County.
Pet Grooming & Spas: 85 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 85 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 34 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Senior Care & Living
91 related employer businesses in Lake County.
Non-Medical Home Care: 53 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 31 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Energy & Utilities
64 related employer businesses in Lake County.
Water & Wastewater Services: 34 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Waste Management & Recycling: 27 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
These are the industries in Lake 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
2,590 related employer businesses in Lake County.
Landscaping: 706 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
General Contracting: 659 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 344 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Plumbing: 283 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 283 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 181 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 144 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Roofing & Siding: 100 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Foundation & Site Prep: 86 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Masonry: 58 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Carpentry & Framing: 22 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Remediation & Restoration: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Medical Practices
1,547 related employer businesses in Lake County.
Primary & Family Care: 483 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 404 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 189 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 167 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 75 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Specialty Medicine: 61 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Home Health & Hospice: 55 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Vision & Eye Care: 50 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Medical Labs & Imaging: 46 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Urgent Care Clinics: 17 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Restaurants & Food
1,535 related employer businesses in Lake County.
Quick-Service & Fast Food: 574 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 545 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 152 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 149 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Liquor, Wine & Beer Stores: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 29 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
1,259 related employer businesses in Lake County.
Real Estate Brokerages: 343 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Accounting & Tax Practices: 337 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 311 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Wealth Management: 221 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Private Lending: 28 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Mortgage Brokerages: 19 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
883 related employer businesses in Lake County.
Fashion, Apparel & Jewelry: 277 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 184 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Hardware, Garden & Building: 138 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Home Decor & Furniture: 107 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 67 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Electronics & Repair: 58 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Sporting Goods & Firearms: 52 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Logistics & Transportation
805 related employer businesses in Lake County.
General Freight Trucking: 673 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 39 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Last-Mile & Courier: 24 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Warehousing & Fulfillment: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Heavy Haul Transport: 19 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Commercial Moving: 19 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
NEMT & Passenger Transport: 9 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Automotive & Boat
637 related employer businesses in Lake County.
Auto Repair: 270 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Car Dealerships: 99 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Auto Parts: 89 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 83 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 41 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 23 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Marinas: 17 employer businesses here. Typical sale multiple: Cap Rate or 4.0x - 7.0x EBITDA.
Boat Dealerships: 15 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
611 related employer businesses in Lake County.
Metal Fabrication: 152 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 128 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Food & Beverage Manufacturing: 95 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Medical & Chemical Manufacturing: 80 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Electronics & Tech Manufacturing: 64 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Wood & Furniture Manufacturing: 46 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Construction Materials Manufacturing: 25 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Textile & Apparel Manufacturing: 21 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Wholesale & Distribution
589 related employer businesses in Lake County.
Industrial & Construction Supply: 253 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Electronics, IT & Office Equipment Distribution: 124 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Food & Beverage Distribution: 86 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Packaging, Paper & JanSan Distribution: 37 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 29 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Consumer Goods & Apparel Distribution: 26 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Beauty & Personal Care
426 related employer businesses in Lake County.
Hair Salons: 252 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Nail Salons: 94 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Day Spas: 56 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 56 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 56 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Barber Shops: 24 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Home Services
360 related employer businesses in Lake County.
Residential Cleaning: 199 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 199 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 127 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 25 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 9 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Technology & Media
331 related employer businesses in Lake County.
Creative Agencies: 109 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Digital Marketing Agencies: 108 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Media, Film & Studio Production: 53 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 39 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 22 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Education & Childcare
275 related employer businesses in Lake County.
Daycare Centers: 242 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 33 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Entertainment & Recreation
228 related employer businesses in Lake County.
Bars & Pubs: 101 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 101 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 64 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 42 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Bowling Alleys: 12 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Arcades & FECs: 9 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Gas Stations & Convenience
217 related employer businesses in Lake County.
Gas Stations: 198 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 19 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Pharmacies & Medical Supply
210 related employer businesses in Lake County.
Compounding Pharmacies: 79 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 79 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Durable Medical Equipment (DME): 56 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Home Infusion: 55 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Hospitality & Travel
179 related employer businesses in Lake County.
Hotels: 84 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 84 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 65 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Travel Agencies: 24 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Campgrounds & RV Parks: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Health & Fitness
176 related employer businesses in Lake County.
Gyms & Health Clubs: 141 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 141 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 141 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 141 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 35 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Pet Services
119 related employer businesses in Lake County.
Pet Grooming & Spas: 85 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 85 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 34 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Senior Care & Living
91 related employer businesses in Lake County.
Non-Medical Home Care: 53 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 31 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Energy & Utilities
64 related employer businesses in Lake County.
Water & Wastewater Services: 34 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Waste Management & Recycling: 27 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Working with owners in Lake County
Business Advisors of America works with owners who are selling a business in Lake County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Lake County ask
How long does it take to sell a business in Lake County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Lake 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 Lake 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