Selling a Business in Martin County

Martin County has 597 employer businesses, and 86% 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 health care and social assistance and retail.

LOCAL SNAPSHOT

Martin County by the numbers

597

597

EMPLOYER BUSINESSES

86%

86%

SMALL EMPLOYER SHARE

1,539

1,539

BUSINESSES WITH NO EMPLOYEES

7,402

7,402

EMPLOYMENT

$421 million

$421 million

ANNUAL PAYROLL

280

280

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 Martin County compares

  • Martin County ranks 44th of 87 Minnesota counties and county equivalents for employer businesses.

  • The number of employer businesses fell 4.6% between 2018 and 2023.

  • Transportation and warehousing makes up 5% of employer businesses in Martin County, compared with 3% in Minnesota.

  • 280 employer businesses here have 5 to 49 employees.

  • Martin County ranks 44th of 87 Minnesota counties and county equivalents for employer businesses.

  • The number of employer businesses fell 4.6% between 2018 and 2023.

  • Transportation and warehousing makes up 5% of employer businesses in Martin County, compared with 3% in Minnesota.

  • 280 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Health care and social assistance: 85 employer businesses

  • Retail: 84 employer businesses

  • Repair, personal care and other services: 68 employer businesses

  • Finance and insurance: 50 employer businesses

  • Accommodation and food service: 49 employer businesses

The largest industries by number of employer businesses:

  • Health care and social assistance: 85 employer businesses

  • Retail: 84 employer businesses

  • Repair, personal care and other services: 68 employer businesses

  • Finance and insurance: 50 employer businesses

  • Accommodation and food service: 49 employer businesses

Every kind of business we sell in Martin County

These are the industries in Martin 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

41 related employer businesses in Martin County.

  • General Contracting: 13 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • HVAC Services: 7 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Financial & Professional Services

36 related employer businesses in Martin County.

Restaurants & Food

29 related employer businesses in Martin County.

Logistics & Transportation

25 related employer businesses in Martin County.

Manufacturing

24 related employer businesses in Martin County.

Retail Stores

23 related employer businesses in Martin County.

Automotive & Boat

21 related employer businesses in Martin County.

  • Auto Repair: 8 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: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Medical Practices

21 related employer businesses in Martin County.

Entertainment & Recreation

11 related employer businesses in Martin County.

  • Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Hospitality & Travel

11 related employer businesses in Martin County.

  • Hotels: 8 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 8 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

9 related employer businesses in Martin County.

  • Gas Stations: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Wholesale & Distribution

8 related employer businesses in Martin County.

Energy & Utilities

6 related employer businesses in Martin County.

Health & Fitness

4 related employer businesses in Martin County.

  • Gyms & Health Clubs: 4 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.

  • Yoga Studios: 4 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.

  • Pilates Studios: 4 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.

  • Personal Training Studios: 4 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

Home Services

4 related employer businesses in Martin County.

These are the industries in Martin 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

41 related employer businesses in Martin County.

  • General Contracting: 13 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • HVAC Services: 7 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 4 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 4 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Financial & Professional Services

36 related employer businesses in Martin County.

Restaurants & Food

29 related employer businesses in Martin County.

Logistics & Transportation

25 related employer businesses in Martin County.

Manufacturing

24 related employer businesses in Martin County.

Retail Stores

23 related employer businesses in Martin County.

Automotive & Boat

21 related employer businesses in Martin County.

  • Auto Repair: 8 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: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Car Dealerships: 4 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Medical Practices

21 related employer businesses in Martin County.

Entertainment & Recreation

11 related employer businesses in Martin County.

  • Bars & Pubs: 8 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • Clubs & Lounges: 8 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.

  • Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Hospitality & Travel

11 related employer businesses in Martin County.

  • Hotels: 8 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 8 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

9 related employer businesses in Martin County.

  • Gas Stations: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Wholesale & Distribution

8 related employer businesses in Martin County.

Energy & Utilities

6 related employer businesses in Martin County.

Health & Fitness

4 related employer businesses in Martin County.

  • Gyms & Health Clubs: 4 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.

  • Yoga Studios: 4 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.

  • Pilates Studios: 4 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.

  • Personal Training Studios: 4 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.

Home Services

4 related employer businesses in Martin County.

Working with owners in Martin County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Martin County ask

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

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

How is a business valued in Martin 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 Martin 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