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Somerset County

Selling a Business in Somerset County

Somerset County has 1,211 employer businesses, and 90% 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 construction.

LOCAL SNAPSHOT

Somerset County by the numbers

1,211

1,211

EMPLOYER BUSINESSES

90%

90%

SMALL EMPLOYER SHARE

3,590

3,590

BUSINESSES WITH NO EMPLOYEES

12,763

12,763

EMPLOYMENT

$715 million

$715 million

ANNUAL PAYROLL

479

479

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 Somerset County compares

  • Somerset County ranks 11th of 16 Maine counties and county equivalents for employer businesses.

  • The number of employer businesses grew 1.6% between 2018 and 2023.

  • Agriculture, forestry and fishing makes up 4% of employer businesses in Somerset County, compared with 2% in Maine.

  • 479 employer businesses here have 5 to 49 employees.

  • Somerset County ranks 11th of 16 Maine counties and county equivalents for employer businesses.

  • The number of employer businesses grew 1.6% between 2018 and 2023.

  • Agriculture, forestry and fishing makes up 4% of employer businesses in Somerset County, compared with 2% in Maine.

  • 479 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 192 employer businesses

  • Construction: 186 employer businesses

  • Health care and social assistance: 118 employer businesses

  • Accommodation and food service: 110 employer businesses

  • Repair, personal care and other services: 108 employer businesses

The largest industries by number of employer businesses:

  • Retail: 192 employer businesses

  • Construction: 186 employer businesses

  • Health care and social assistance: 118 employer businesses

  • Accommodation and food service: 110 employer businesses

  • Repair, personal care and other services: 108 employer businesses

Every kind of business we sell in Somerset County

These are the industries in Somerset 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

191 related employer businesses in Somerset County.

  • General Contracting: 51 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 43 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Electrical: 25 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Plumbing: 21 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 21 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 20 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 7 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

90 related employer businesses in Somerset County.

Automotive & Boat

62 related employer businesses in Somerset County.

  • Auto Repair: 28 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 13 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Logistics & Transportation

52 related employer businesses in Somerset County.

Manufacturing

51 related employer businesses in Somerset County.

Gas Stations & Convenience

47 related employer businesses in Somerset County.

  • Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 13 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Retail Stores

40 related employer businesses in Somerset County.

Financial & Professional Services

36 related employer businesses in Somerset County.

Medical Practices

35 related employer businesses in Somerset County.

Entertainment & Recreation

21 related employer businesses in Somerset County.

  • Outdoor Recreation: 13 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • 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.

  • Golf Courses: 4 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Energy & Utilities

20 related employer businesses in Somerset County.

Hospitality & Travel

19 related employer businesses in Somerset County.

  • Hotels: 9 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 9 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 7 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Home Services

14 related employer businesses in Somerset County.

Wholesale & Distribution

14 related employer businesses in Somerset County.

Senior Care & Living

13 related employer businesses in Somerset County.

Education & Childcare

12 related employer businesses in Somerset County.

  • Daycare Centers: 12 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

8 related employer businesses in Somerset County.

Beauty & Personal Care

4 related employer businesses in Somerset County.

  • Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Health & Fitness

3 related employer businesses in Somerset County.

These are the industries in Somerset 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

191 related employer businesses in Somerset County.

  • General Contracting: 51 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Foundation & Site Prep: 43 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

  • Electrical: 25 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.

  • Plumbing: 21 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.

  • HVAC Services: 21 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.

  • Landscaping: 20 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Interior Finishing: 13 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.

  • Civil Engineering: 7 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.

  • Masonry: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.

  • Roofing & Siding: 4 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

Restaurants & Food

90 related employer businesses in Somerset County.

Automotive & Boat

62 related employer businesses in Somerset County.

  • Auto Repair: 28 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Car Dealerships: 13 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.

  • Auto Parts: 12 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

  • Collision Repair: 9 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.

Logistics & Transportation

52 related employer businesses in Somerset County.

Manufacturing

51 related employer businesses in Somerset County.

Gas Stations & Convenience

47 related employer businesses in Somerset County.

  • Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

  • Convenience Stores: 13 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.

Retail Stores

40 related employer businesses in Somerset County.

Financial & Professional Services

36 related employer businesses in Somerset County.

Medical Practices

35 related employer businesses in Somerset County.

Entertainment & Recreation

21 related employer businesses in Somerset County.

  • Outdoor Recreation: 13 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.

  • 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.

  • Golf Courses: 4 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.

Energy & Utilities

20 related employer businesses in Somerset County.

Hospitality & Travel

19 related employer businesses in Somerset County.

  • Hotels: 9 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 9 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

  • Transportation Services: 7 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.

  • Campgrounds & RV Parks: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.

Home Services

14 related employer businesses in Somerset County.

Wholesale & Distribution

14 related employer businesses in Somerset County.

Senior Care & Living

13 related employer businesses in Somerset County.

Education & Childcare

12 related employer businesses in Somerset County.

  • Daycare Centers: 12 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.

Pharmacies & Medical Supply

8 related employer businesses in Somerset County.

Beauty & Personal Care

4 related employer businesses in Somerset County.

  • Hair Salons: 4 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.

Health & Fitness

3 related employer businesses in Somerset County.

Working with owners in Somerset County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Somerset County ask

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

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

How is a business valued in Somerset 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 Somerset 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