Selling a Business in Newberry County

Newberry County has 781 employer businesses, and 86% 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 South Carolina

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LOCAL SNAPSHOT

Newberry County by the numbers

781

781

EMPLOYER BUSINESSES

86%

86%

SMALL EMPLOYER SHARE

2,763

2,763

BUSINESSES WITH NO EMPLOYEES

12,402

12,402

EMPLOYMENT

$563 million

$563 million

ANNUAL PAYROLL

312

312

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 Newberry County compares

  • Newberry County ranks 27th of 46 South Carolina counties and county equivalents for employer businesses.

  • The number of employer businesses grew 3.2% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Newberry County, compared with 3% in South Carolina.

  • 312 employer businesses here have 5 to 49 employees.

  • Newberry County ranks 27th of 46 South Carolina counties and county equivalents for employer businesses.

  • The number of employer businesses grew 3.2% between 2018 and 2023.

  • Manufacturing makes up 6% of employer businesses in Newberry County, compared with 3% in South Carolina.

  • 312 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 140 employer businesses

  • Repair, personal care and other services: 95 employer businesses

  • Construction: 87 employer businesses

  • Accommodation and food service: 75 employer businesses

  • Health care and social assistance: 65 employer businesses

The largest industries by number of employer businesses:

  • Retail: 140 employer businesses

  • Repair, personal care and other services: 95 employer businesses

  • Construction: 87 employer businesses

  • Accommodation and food service: 75 employer businesses

  • Health care and social assistance: 65 employer businesses

INDUSTRIES

What sells in Newberry County

Retail, repair, personal care and other services, construction, accommodation and food service

Every kind of business we sell in Newberry County

These are the industries in Newberry 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

74 related employer businesses in Newberry County.

  • Landscaping: 16 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • General Contracting: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 14 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 14 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

67 related employer businesses in Newberry County.

Financial & Professional Services

43 related employer businesses in Newberry County.

Gas Stations & Convenience

40 related employer businesses in Newberry County.

  • Gas Stations: 33 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Medical Practices

38 related employer businesses in Newberry County.

Retail Stores

37 related employer businesses in Newberry County.

Automotive & Boat

32 related employer businesses in Newberry County.

  • Auto Repair: 13 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: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

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

Manufacturing

28 related employer businesses in Newberry County.

Logistics & Transportation

22 related employer businesses in Newberry County.

Pharmacies & Medical Supply

13 related employer businesses in Newberry County.

Education & Childcare

9 related employer businesses in Newberry County.

  • Daycare Centers: 9 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Energy & Utilities

9 related employer businesses in Newberry County.

Wholesale & Distribution

8 related employer businesses in Newberry County.

Home Services

7 related employer businesses in Newberry County.

Hospitality & Travel

6 related employer businesses in Newberry County.

  • 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.

Entertainment & Recreation

4 related employer businesses in Newberry 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.

Technology & Media

3 related employer businesses in Newberry County.

These are the industries in Newberry 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

74 related employer businesses in Newberry County.

  • Landscaping: 16 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • General Contracting: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Plumbing: 14 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 14 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Foundation & Site Prep: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

Restaurants & Food

67 related employer businesses in Newberry County.

Financial & Professional Services

43 related employer businesses in Newberry County.

Gas Stations & Convenience

40 related employer businesses in Newberry County.

  • Gas Stations: 33 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 7 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Medical Practices

38 related employer businesses in Newberry County.

Retail Stores

37 related employer businesses in Newberry County.

Automotive & Boat

32 related employer businesses in Newberry County.

  • Auto Repair: 13 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: 4 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

  • Towing & Repo: 4 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.

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

Manufacturing

28 related employer businesses in Newberry County.

Logistics & Transportation

22 related employer businesses in Newberry County.

Pharmacies & Medical Supply

13 related employer businesses in Newberry County.

Education & Childcare

9 related employer businesses in Newberry County.

  • Daycare Centers: 9 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Energy & Utilities

9 related employer businesses in Newberry County.

Wholesale & Distribution

8 related employer businesses in Newberry County.

Home Services

7 related employer businesses in Newberry County.

Hospitality & Travel

6 related employer businesses in Newberry County.

  • 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.

Entertainment & Recreation

4 related employer businesses in Newberry 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.

Technology & Media

3 related employer businesses in Newberry County.

Working with owners in Newberry County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Newberry County ask

How long does it take to sell a business in Newberry County?

The time depends on the price, the quality of the records and the number of qualified buyers.

How is a business valued in Newberry 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 Newberry 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