Selling a Business in Morgan County
Morgan County has 711 employer businesses, and 88% 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 construction and retail.
Areas in Colorado
LOCAL SNAPSHOT
Morgan County by the numbers
711
711
EMPLOYER BUSINESSES
88%
88%
SMALL EMPLOYER SHARE
2,386
2,386
BUSINESSES WITH NO EMPLOYEES
10,323
10,323
EMPLOYMENT
$544 million
$544 million
ANNUAL PAYROLL
309
309
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 Morgan County compares
Morgan County ranks 28th of 64 Colorado counties and county equivalents for employer businesses.
The number of employer businesses grew 0.4% between 2018 and 2023.
Transportation and warehousing makes up 7% of employer businesses in Morgan County, compared with 2% in Colorado.
309 employer businesses here have 5 to 49 employees.
Morgan County ranks 28th of 64 Colorado counties and county equivalents for employer businesses.
The number of employer businesses grew 0.4% between 2018 and 2023.
Transportation and warehousing makes up 7% of employer businesses in Morgan County, compared with 2% in Colorado.
309 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Construction: 99 employer businesses
Retail: 96 employer businesses
Repair, personal care and other services: 70 employer businesses
Accommodation and food service: 63 employer businesses
Health care and social assistance: 62 employer businesses
The largest industries by number of employer businesses:
Construction: 99 employer businesses
Retail: 96 employer businesses
Repair, personal care and other services: 70 employer businesses
Accommodation and food service: 63 employer businesses
Health care and social assistance: 62 employer businesses
INDUSTRIES
What sells in Morgan County
Construction, retail, repair, personal care and other services, accommodation and food service
Every kind of business we sell in Morgan County
These are the industries in Morgan 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
78 related employer businesses in Morgan County.
General Contracting: 19 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 15 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 15 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 9 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 4 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.
Carpentry & Framing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
53 related employer businesses in Morgan County.
Full-Service Restaurants: 21 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Logistics & Transportation
48 related employer businesses in Morgan County.
General Freight Trucking: 36 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Heavy Haul Transport: 4 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 3 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Financial & Professional Services
42 related employer businesses in Morgan County.
Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 14 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 8 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 5 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Medical Practices
33 related employer businesses in Morgan County.
Dental Practices: 13 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 8 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Automotive & Boat
30 related employer businesses in Morgan County.
Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 6 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.
Retail Stores
25 related employer businesses in Morgan County.
Hardware, Garden & Building: 14 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 4 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.
Energy & Utilities
15 related employer businesses in Morgan County.
Oil & Gas Services: 12 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Gas Stations & Convenience
15 related employer businesses in Morgan County.
Gas Stations: 12 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Wholesale & Distribution
14 related employer businesses in Morgan County.
Industrial & Construction Supply: 11 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Hospitality & Travel
12 related employer businesses in Morgan County.
Hotels: 12 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 12 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Manufacturing
12 related employer businesses in Morgan County.
Food & Beverage Manufacturing: 9 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Home Services
6 related employer businesses in Morgan County.
Residential Cleaning: 6 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 6 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Entertainment & Recreation
4 related employer businesses in Morgan County.
Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Health & Fitness
4 related employer businesses in Morgan 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.
Beauty & Personal Care
3 related employer businesses in Morgan County.
Hair Salons: 3 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
These are the industries in Morgan 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
78 related employer businesses in Morgan County.
General Contracting: 19 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 15 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 15 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Foundation & Site Prep: 14 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 11 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 9 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Civil Engineering: 4 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.
Carpentry & Framing: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
53 related employer businesses in Morgan County.
Full-Service Restaurants: 21 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Liquor, Wine & Beer Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Grocery Stores & Markets: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 5 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Logistics & Transportation
48 related employer businesses in Morgan County.
General Freight Trucking: 36 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Freight Brokerage & 3PL: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Heavy Haul Transport: 4 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 3 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Financial & Professional Services
42 related employer businesses in Morgan County.
Insurance Agencies: 15 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 14 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 8 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 5 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Medical Practices
33 related employer businesses in Morgan County.
Dental Practices: 13 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Primary & Family Care: 8 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 5 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 4 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Physical Therapy & Rehab: 3 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Automotive & Boat
30 related employer businesses in Morgan County.
Auto Repair: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 8 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 6 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.
Retail Stores
25 related employer businesses in Morgan County.
Hardware, Garden & Building: 14 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 4 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.
Energy & Utilities
15 related employer businesses in Morgan County.
Oil & Gas Services: 12 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Gas Stations & Convenience
15 related employer businesses in Morgan County.
Gas Stations: 12 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Wholesale & Distribution
14 related employer businesses in Morgan County.
Industrial & Construction Supply: 11 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Hospitality & Travel
12 related employer businesses in Morgan County.
Hotels: 12 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 12 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Manufacturing
12 related employer businesses in Morgan County.
Food & Beverage Manufacturing: 9 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 3 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Home Services
6 related employer businesses in Morgan County.
Residential Cleaning: 6 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 6 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Entertainment & Recreation
4 related employer businesses in Morgan County.
Bars & Pubs: 4 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 4 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Health & Fitness
4 related employer businesses in Morgan 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.
Beauty & Personal Care
3 related employer businesses in Morgan County.
Hair Salons: 3 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Working with owners in Morgan County
Business Advisors of America works with owners who are selling a business in Morgan County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Morgan County ask
How long does it take to sell a business in Morgan County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Morgan 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 Morgan 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