Selling a Business in Morrison County
Morrison County has 933 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. The largest industries here are retail and repair, personal care and other services.
Areas in Minnesota
LOCAL SNAPSHOT
Morrison County by the numbers
933
933
EMPLOYER BUSINESSES
91%
91%
SMALL EMPLOYER SHARE
2,469
2,469
BUSINESSES WITH NO EMPLOYEES
8,532
8,532
EMPLOYMENT
$417 million
$417 million
ANNUAL PAYROLL
360
360
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 Morrison County compares
Morrison County ranks 30th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 4.4% between 2018 and 2023.
Transportation and warehousing makes up 5% of employer businesses in Morrison County, compared with 3% in Minnesota.
360 employer businesses here have 5 to 49 employees.
Morrison County ranks 30th of 87 Minnesota counties and county equivalents for employer businesses.
The number of employer businesses grew 4.4% between 2018 and 2023.
Transportation and warehousing makes up 5% of employer businesses in Morrison County, compared with 3% in Minnesota.
360 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 131 employer businesses
Repair, personal care and other services: 130 employer businesses
Construction: 129 employer businesses
Health care and social assistance: 104 employer businesses
Accommodation and food service: 86 employer businesses
The largest industries by number of employer businesses:
Retail: 131 employer businesses
Repair, personal care and other services: 130 employer businesses
Construction: 129 employer businesses
Health care and social assistance: 104 employer businesses
Accommodation and food service: 86 employer businesses
INDUSTRIES
What sells in Morrison County
Retail, repair, personal care and other services, construction, health care and social assistance
Every kind of business we sell in Morrison County
These are the industries in Morrison 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
137 related employer businesses in Morrison County.
Landscaping: 46 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
General Contracting: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 7 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Restaurants & Food
64 related employer businesses in Morrison County.
Quick-Service & Fast Food: 24 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 20 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 10 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Logistics & Transportation
45 related employer businesses in Morrison County.
General Freight Trucking: 37 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 8 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Retail Stores
45 related employer businesses in Morrison County.
Hardware, Garden & Building: 25 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Electronics & Repair: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
37 related employer businesses in Morrison County.
Insurance Agencies: 19 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 8 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 5 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.
Automotive & Boat
36 related employer businesses in Morrison County.
Auto Repair: 19 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 7 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.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
36 related employer businesses in Morrison County.
Food & Beverage Manufacturing: 13 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 9 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Printing & Plastics: 3 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Entertainment & Recreation
32 related employer businesses in Morrison County.
Bars & Pubs: 26 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 26 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Medical Practices
24 related employer businesses in Morrison County.
Dental Practices: 6 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Primary & Family Care: 5 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 4 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Gas Stations & Convenience
22 related employer businesses in Morrison County.
Gas Stations: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Hospitality & Travel
14 related employer businesses in Morrison County.
Transportation Services: 8 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Senior Care & Living
10 related employer businesses in Morrison County.
Assisted Living Facilities: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Wholesale & Distribution
9 related employer businesses in Morrison County.
Industrial & Construction Supply: 9 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Education & Childcare
6 related employer businesses in Morrison County.
Daycare Centers: 6 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
6 related employer businesses in Morrison County.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Home Services
6 related employer businesses in Morrison 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.
Health & Fitness
4 related employer businesses in Morrison 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.
Pet Services
4 related employer businesses in Morrison County.
Pet Grooming & Spas: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Beauty & Personal Care
3 related employer businesses in Morrison County.
Hair Salons: 3 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Technology & Media
3 related employer businesses in Morrison County.
Software Companies (SaaS): 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
These are the industries in Morrison 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
137 related employer businesses in Morrison County.
Landscaping: 46 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
General Contracting: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Interior Finishing: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Foundation & Site Prep: 15 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Plumbing: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 7 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Masonry: 6 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Electrical: 5 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Restaurants & Food
64 related employer businesses in Morrison County.
Quick-Service & Fast Food: 24 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 20 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Grocery Stores & Markets: 10 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 6 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Logistics & Transportation
45 related employer businesses in Morrison County.
General Freight Trucking: 37 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 8 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Retail Stores
45 related employer businesses in Morrison County.
Hardware, Garden & Building: 25 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Fashion, Apparel & Jewelry: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 4 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Health, Beauty & Pharmacy: 4 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Electronics & Repair: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Financial & Professional Services
37 related employer businesses in Morrison County.
Insurance Agencies: 19 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 8 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 5 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.
Automotive & Boat
36 related employer businesses in Morrison County.
Auto Repair: 19 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Collision Repair: 7 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.
Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Boat Dealerships: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Manufacturing
36 related employer businesses in Morrison County.
Food & Beverage Manufacturing: 13 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 9 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Wood & Furniture Manufacturing: 8 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Printing & Plastics: 3 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Construction Materials Manufacturing: 3 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Entertainment & Recreation
32 related employer businesses in Morrison County.
Bars & Pubs: 26 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 26 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 6 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Medical Practices
24 related employer businesses in Morrison County.
Dental Practices: 6 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Primary & Family Care: 5 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Veterinary Medicine: 4 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Gas Stations & Convenience
22 related employer businesses in Morrison County.
Gas Stations: 22 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Hospitality & Travel
14 related employer businesses in Morrison County.
Transportation Services: 8 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Hotels: 6 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 6 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Senior Care & Living
10 related employer businesses in Morrison County.
Assisted Living Facilities: 7 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Wholesale & Distribution
9 related employer businesses in Morrison County.
Industrial & Construction Supply: 9 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Education & Childcare
6 related employer businesses in Morrison County.
Daycare Centers: 6 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Energy & Utilities
6 related employer businesses in Morrison County.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Waste Management & Recycling: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Home Services
6 related employer businesses in Morrison 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.
Health & Fitness
4 related employer businesses in Morrison 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.
Pet Services
4 related employer businesses in Morrison County.
Pet Grooming & Spas: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Beauty & Personal Care
3 related employer businesses in Morrison County.
Hair Salons: 3 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Technology & Media
3 related employer businesses in Morrison County.
Software Companies (SaaS): 3 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
Working with owners in Morrison County
Business Advisors of America works with owners who are selling a business in Morrison County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Morrison County ask
How long does it take to sell a business in Morrison County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Morrison 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 Morrison 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