Home

Sell a Business

North Carolina

Mitchell County

Selling a Business in Mitchell County

Mitchell County has 371 employer businesses, and 91% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

Get a Free Valuation

Areas in North Carolina

Alleghany County

Ashe County

Asheville

Avery County

Beaufort County

Bertie County

Bladen County

Burlington

Carteret County

Caswell County

Charlotte

Cherokee County

Chowan County

Clay County

Cleveland County

Columbus County

Craven County

Dare County

Duplin County

Durham

Fayetteville

Goldsboro

Graham County

Granville County

Greene County

Greensboro

Greenville

Halifax County

Harnett County

Haywood County

Hertford County

Hickory

Jackson County

Jacksonville

Lee County

Lenoir County

Macon County

Martin County

McDowell County

Mecklenburg County

Mitchell County

Montgomery County

Northampton County

Pamlico County

Pasquotank County

Perquimans County

Pinehurst

Polk County

Raleigh

Richmond County

Robeson County

Rocky Mount

Rutherford County

Sampson County

Scotland County

Stanly County

Surry County

Swain County

Transylvania County

Vance County

Warren County

Washington County

Watauga County

Wilkes County

Wilmington

Wilson County

Winston

Yancey County

LOCAL SNAPSHOT

Mitchell County by the numbers

371

EMPLOYER BUSINESSES

91%

SMALL EMPLOYER SHARE

1,202

BUSINESSES WITH NO EMPLOYEES

4,297

EMPLOYMENT

$201 million

ANNUAL PAYROLL

148

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 Mitchell County compares

Mitchell County ranks 83rd of 100 North Carolina counties and county equivalents for employer businesses.
The number of employer businesses grew 2.8% between 2018 and 2023.
Repair, personal care and other services makes up 15% of employer businesses in Mitchell County, compared with 10% in North Carolina.
148 employer businesses here have 5 to 49 employees.

Mitchell County ranks 83rd of 100 North Carolina counties and county equivalents for employer businesses.
The number of employer businesses grew 2.8% between 2018 and 2023.
Repair, personal care and other services makes up 15% of employer businesses in Mitchell County, compared with 10% in North Carolina.
148 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

Retail: 60 employer businesses
Repair, personal care and other services: 55 employer businesses
Health care and social assistance: 51 employer businesses
Construction: 42 employer businesses
Accommodation and food service: 36 employer businesses

The largest industries by number of employer businesses:

Retail: 60 employer businesses
Repair, personal care and other services: 55 employer businesses
Health care and social assistance: 51 employer businesses
Construction: 42 employer businesses
Accommodation and food service: 36 employer businesses

INDUSTRIES

What sells in Mitchell County

Retail, repair, personal care and other services, health care and social assistance, construction

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Barber Shops

Beauty & Personal Care

Day Spas

Beauty & Personal Care

Auto Parts

Automotive & Boat

Auto Repair

Automotive & Boat

Every kind of business we sell in Mitchell County

We sell businesses in every one of these industries in Mitchell 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

39 related employer businesses in Mitchell County.

General Contracting: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 4 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

26 related employer businesses in Mitchell County.

Full-Service Restaurants: 15 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 11 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Medical Practices

25 related employer businesses in Mitchell County.

Primary & Family Care: 20 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Retail Stores

19 related employer businesses in Mitchell County.

Hardware, Garden & Building: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 5 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.

Logistics & Transportation

12 related employer businesses in Mitchell County.

General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Financial & Professional Services

10 related employer businesses in Mitchell County.

Insurance Agencies: 7 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

Automotive & Boat

9 related employer businesses in Mitchell 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.

Education & Childcare

5 related employer businesses in Mitchell County.

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

Hospitality & Travel

5 related employer businesses in Mitchell 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.

Energy & Utilities

4 related employer businesses in Mitchell County.

Propane & Fuel Distribution: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Gas Stations & Convenience

4 related employer businesses in Mitchell County.

Gas Stations: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

4 related employer businesses in Mitchell County.

Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Construction & Engineering

39 related employer businesses in Mitchell County.

General Contracting: 10 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Electrical: 7 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Landscaping: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Plumbing: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 4 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Interior Finishing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

Restaurants & Food

26 related employer businesses in Mitchell County.

Full-Service Restaurants: 15 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 11 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.

Medical Practices

25 related employer businesses in Mitchell County.

Primary & Family Care: 20 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 5 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.

Retail Stores

19 related employer businesses in Mitchell County.

Hardware, Garden & Building: 7 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 5 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.

Logistics & Transportation

12 related employer businesses in Mitchell County.

General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.

Financial & Professional Services

10 related employer businesses in Mitchell County.

Insurance Agencies: 7 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 3 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.

Automotive & Boat

9 related employer businesses in Mitchell 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.

Education & Childcare

5 related employer businesses in Mitchell County.

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

Hospitality & Travel

5 related employer businesses in Mitchell 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.

Energy & Utilities

4 related employer businesses in Mitchell County.

Propane & Fuel Distribution: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.

Gas Stations & Convenience

4 related employer businesses in Mitchell County.

Gas Stations: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

4 related employer businesses in Mitchell County.

Construction Materials Manufacturing: 4 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.

Working with owners in Mitchell County

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

Get a Free Valuation

FREQUENTLY ASKED QUESTIONS

Questions owners in Mitchell County ask

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