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Monroe County

Selling a Business in Monroe County

Monroe County has 209 employer businesses, and 89% 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

Monroe County by the numbers

209

209

EMPLOYER BUSINESSES

89%

89%

SMALL EMPLOYER SHARE

919

919

BUSINESSES WITH NO EMPLOYEES

2,649

2,649

EMPLOYMENT

$124 million

$124 million

ANNUAL PAYROLL

86

86

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 Monroe County compares

  • Monroe County ranks 78th of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.5% between 2018 and 2023.

  • Manufacturing makes up 10% of employer businesses in Monroe County, compared with 4% in Kentucky.

  • 86 employer businesses here have 5 to 49 employees.

  • Monroe County ranks 78th of 120 Kentucky counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.5% between 2018 and 2023.

  • Manufacturing makes up 10% of employer businesses in Monroe County, compared with 4% in Kentucky.

  • 86 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 51 employer businesses

  • Health care and social assistance: 26 employer businesses

  • Construction: 23 employer businesses

  • Repair, personal care and other services: 20 employer businesses

  • Manufacturing: 20 employer businesses

The largest industries by number of employer businesses:

  • Retail: 51 employer businesses

  • Health care and social assistance: 26 employer businesses

  • Construction: 23 employer businesses

  • Repair, personal care and other services: 20 employer businesses

  • Manufacturing: 20 employer businesses

INDUSTRIES

What sells in Monroe County

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

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 Monroe County

These are the industries in Monroe 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

15 related employer businesses in Monroe County.

Retail Stores

11 related employer businesses in Monroe County.

Construction & Engineering

10 related employer businesses in Monroe County.

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

  • Plumbing: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 3 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 3 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Medical Practices

10 related employer businesses in Monroe County.

Automotive & Boat

7 related employer businesses in Monroe County.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 3 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Logistics & Transportation

7 related employer businesses in Monroe County.

Manufacturing

7 related employer businesses in Monroe County.

Financial & Professional Services

6 related employer businesses in Monroe County.

  • Insurance Agencies: 6 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Monroe County.

  • Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Energy & Utilities

4 related employer businesses in Monroe County.

Pharmacies & Medical Supply

4 related employer businesses in Monroe County.

Home Services

3 related employer businesses in Monroe County.

These are the industries in Monroe 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

15 related employer businesses in Monroe County.

Retail Stores

11 related employer businesses in Monroe County.

Construction & Engineering

10 related employer businesses in Monroe County.

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

  • Plumbing: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 3 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Electrical: 3 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Medical Practices

10 related employer businesses in Monroe County.

Automotive & Boat

7 related employer businesses in Monroe County.

  • Auto Parts: 4 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Car Dealerships: 3 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

Logistics & Transportation

7 related employer businesses in Monroe County.

Manufacturing

7 related employer businesses in Monroe County.

Financial & Professional Services

6 related employer businesses in Monroe County.

  • Insurance Agencies: 6 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

Gas Stations & Convenience

6 related employer businesses in Monroe County.

  • Gas Stations: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Energy & Utilities

4 related employer businesses in Monroe County.

Pharmacies & Medical Supply

4 related employer businesses in Monroe County.

Home Services

3 related employer businesses in Monroe County.

Working with owners in Monroe County

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

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FREQUENTLY ASKED QUESTIONS

Questions owners in Monroe County ask

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