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Millard County

Selling a Business in Millard County

Millard County has 301 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.

LOCAL SNAPSHOT

Millard County by the numbers

301

301

EMPLOYER BUSINESSES

90%

90%

SMALL EMPLOYER SHARE

1,027

1,027

BUSINESSES WITH NO EMPLOYEES

3,516

3,516

EMPLOYMENT

$199 million

$199 million

ANNUAL PAYROLL

128

128

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 Millard County compares

  • Millard County ranks 20th of 29 Utah counties and county equivalents for employer businesses.

  • The number of employer businesses grew 19.9% between 2018 and 2023.

  • Transportation and warehousing makes up 6% of employer businesses in Millard County, compared with 3% in Utah.

  • 128 employer businesses here have 5 to 49 employees.

  • Millard County ranks 20th of 29 Utah counties and county equivalents for employer businesses.

  • The number of employer businesses grew 19.9% between 2018 and 2023.

  • Transportation and warehousing makes up 6% of employer businesses in Millard County, compared with 3% in Utah.

  • 128 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 60 employer businesses

  • Construction: 42 employer businesses

  • Accommodation and food service: 30 employer businesses

  • Health care and social assistance: 26 employer businesses

  • Professional and technical services: 21 employer businesses

The largest industries by number of employer businesses:

  • Retail: 60 employer businesses

  • Construction: 42 employer businesses

  • Accommodation and food service: 30 employer businesses

  • Health care and social assistance: 26 employer businesses

  • Professional and technical services: 21 employer businesses

Every kind of business we sell in Millard County

We sell businesses in every one of these industries in Millard County. 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

28 related employer businesses in Millard County.

  • General Contracting: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

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

Restaurants & Food

25 related employer businesses in Millard County.

Gas Stations & Convenience

16 related employer businesses in Millard County.

  • Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Logistics & Transportation

15 related employer businesses in Millard County.

Retail Stores

14 related employer businesses in Millard County.

Manufacturing

13 related employer businesses in Millard County.

Medical Practices

11 related employer businesses in Millard County.

Automotive & Boat

9 related employer businesses in Millard County.

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

  • Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Hospitality & Travel

8 related employer businesses in Millard County.

  • Hotels: 5 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 5 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Education & Childcare

5 related employer businesses in Millard County.

  • Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Home Services

4 related employer businesses in Millard County.

Energy & Utilities

3 related employer businesses in Millard County.

Financial & Professional Services

3 related employer businesses in Millard County.

  • Insurance Agencies: 3 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

We sell businesses in every one of these industries in Millard County. 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

28 related employer businesses in Millard County.

  • General Contracting: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Plumbing: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 5 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

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

Restaurants & Food

25 related employer businesses in Millard County.

Gas Stations & Convenience

16 related employer businesses in Millard County.

  • Gas Stations: 16 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Logistics & Transportation

15 related employer businesses in Millard County.

Retail Stores

14 related employer businesses in Millard County.

Manufacturing

13 related employer businesses in Millard County.

Medical Practices

11 related employer businesses in Millard County.

Automotive & Boat

9 related employer businesses in Millard County.

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

  • Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Hospitality & Travel

8 related employer businesses in Millard County.

  • Hotels: 5 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 5 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Education & Childcare

5 related employer businesses in Millard County.

  • Daycare Centers: 5 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Home Services

4 related employer businesses in Millard County.

Energy & Utilities

3 related employer businesses in Millard County.

Financial & Professional Services

3 related employer businesses in Millard County.

  • Insurance Agencies: 3 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

Working with owners in Millard County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Millard County ask

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

The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.

How is a business valued in Millard 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 Millard 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