Selling a Business in Newaygo County
Newaygo County has 829 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 repair, personal care and other services.
Areas in Michigan
LOCAL SNAPSHOT
Newaygo County by the numbers
829
829
EMPLOYER BUSINESSES
89%
89%
SMALL EMPLOYER SHARE
3,227
3,227
BUSINESSES WITH NO EMPLOYEES
11,124
11,124
EMPLOYMENT
$565 million
$565 million
ANNUAL PAYROLL
363
363
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 Newaygo County compares
Newaygo County ranks 44th of 83 Michigan counties and county equivalents for employer businesses.
The number of employer businesses grew 2.0% between 2018 and 2023.
Repair, personal care and other services makes up 14% of employer businesses in Newaygo County, compared with 10% in Michigan.
363 employer businesses here have 5 to 49 employees.
Newaygo County ranks 44th of 83 Michigan counties and county equivalents for employer businesses.
The number of employer businesses grew 2.0% between 2018 and 2023.
Repair, personal care and other services makes up 14% of employer businesses in Newaygo County, compared with 10% in Michigan.
363 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 152 employer businesses
Repair, personal care and other services: 119 employer businesses
Construction: 103 employer businesses
Health care and social assistance: 91 employer businesses
Accommodation and food service: 73 employer businesses
The largest industries by number of employer businesses:
Retail: 152 employer businesses
Repair, personal care and other services: 119 employer businesses
Construction: 103 employer businesses
Health care and social assistance: 91 employer businesses
Accommodation and food service: 73 employer businesses
INDUSTRIES
What sells in Newaygo County
Retail, repair, personal care and other services, construction, health care and social assistance
Every kind of business we sell in Newaygo County
These are the industries in Newaygo 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
95 related employer businesses in Newaygo County.
General Contracting: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 13 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Plumbing: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 9 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Roofing & Siding: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 5 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
61 related employer businesses in Newaygo County.
Full-Service Restaurants: 23 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 23 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 7 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
47 related employer businesses in Newaygo County.
Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 13 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Towing & Repo: 6 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Car Dealerships: 6 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Medical Practices
46 related employer businesses in Newaygo County.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Mental & Behavioral Health: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 6 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Physical Therapy & Rehab: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Financial & Professional Services
36 related employer businesses in Newaygo County.
Insurance Agencies: 11 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 9 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 7 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
34 related employer businesses in Newaygo County.
Hardware, Garden & Building: 15 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Gas Stations & Convenience
24 related employer businesses in Newaygo County.
Gas Stations: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Manufacturing
18 related employer businesses in Newaygo County.
Metal Fabrication: 10 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Construction Materials Manufacturing: 5 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Energy & Utilities
16 related employer businesses in Newaygo County.
Propane & Fuel Distribution: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 5 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.
Education & Childcare
14 related employer businesses in Newaygo County.
Daycare Centers: 14 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Logistics & Transportation
12 related employer businesses in Newaygo County.
General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Pharmacies & Medical Supply
12 related employer businesses in Newaygo County.
Compounding Pharmacies: 6 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 6 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 6 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Beauty & Personal Care
9 related employer businesses in Newaygo County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Wholesale & Distribution
9 related employer businesses in Newaygo County.
Food & Beverage Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Industrial & Construction Supply: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Entertainment & Recreation
8 related employer businesses in Newaygo County.
Bars & Pubs: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 5 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Home Services
8 related employer businesses in Newaygo County.
Residential Cleaning: 8 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 8 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Hospitality & Travel
4 related employer businesses in Newaygo County.
Campgrounds & RV Parks: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Pet Services
3 related employer businesses in Newaygo County.
Pet Grooming & Spas: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
3 related employer businesses in Newaygo County.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
These are the industries in Newaygo 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
95 related employer businesses in Newaygo County.
General Contracting: 25 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Foundation & Site Prep: 20 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Landscaping: 13 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 12 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Plumbing: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 9 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Roofing & Siding: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 5 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Interior Finishing: 5 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
61 related employer businesses in Newaygo County.
Full-Service Restaurants: 23 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Quick-Service & Fast Food: 23 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Grocery Stores & Markets: 8 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Coffee Shops: 7 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
47 related employer businesses in Newaygo County.
Auto Repair: 14 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 13 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Collision Repair: 8 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Towing & Repo: 6 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Car Dealerships: 6 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Medical Practices
46 related employer businesses in Newaygo County.
Primary & Family Care: 11 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Mental & Behavioral Health: 8 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Dental Practices: 7 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Veterinary Medicine: 6 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Home Health & Hospice: 6 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Physical Therapy & Rehab: 5 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Vision & Eye Care: 3 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Financial & Professional Services
36 related employer businesses in Newaygo County.
Insurance Agencies: 11 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 9 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 9 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Wealth Management: 7 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
34 related employer businesses in Newaygo County.
Hardware, Garden & Building: 15 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 9 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 7 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 3 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Gas Stations & Convenience
24 related employer businesses in Newaygo County.
Gas Stations: 24 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Manufacturing
18 related employer businesses in Newaygo County.
Metal Fabrication: 10 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Construction Materials Manufacturing: 5 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Food & Beverage Manufacturing: 3 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Energy & Utilities
16 related employer businesses in Newaygo County.
Propane & Fuel Distribution: 8 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 5 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.
Education & Childcare
14 related employer businesses in Newaygo County.
Daycare Centers: 14 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Logistics & Transportation
12 related employer businesses in Newaygo County.
General Freight Trucking: 12 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Pharmacies & Medical Supply
12 related employer businesses in Newaygo County.
Compounding Pharmacies: 6 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 6 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Home Infusion: 6 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Beauty & Personal Care
9 related employer businesses in Newaygo County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Wholesale & Distribution
9 related employer businesses in Newaygo County.
Food & Beverage Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Industrial & Construction Supply: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Entertainment & Recreation
8 related employer businesses in Newaygo County.
Bars & Pubs: 5 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 5 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Golf Courses: 3 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Home Services
8 related employer businesses in Newaygo County.
Residential Cleaning: 8 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 8 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Hospitality & Travel
4 related employer businesses in Newaygo County.
Campgrounds & RV Parks: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Pet Services
3 related employer businesses in Newaygo County.
Pet Grooming & Spas: 3 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Senior Care & Living
3 related employer businesses in Newaygo County.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Working with owners in Newaygo County
Business Advisors of America works with owners who are selling a business in Newaygo County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Newaygo County ask
How long does it take to sell a business in Newaygo County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Newaygo 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 Newaygo 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