Selling a Business in Tripp County

Tripp County has 200 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 health care and social assistance.

Areas in South Dakota

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LOCAL SNAPSHOT

Tripp County by the numbers

200

200

EMPLOYER BUSINESSES

90%

90%

SMALL EMPLOYER SHARE

542

542

BUSINESSES WITH NO EMPLOYEES

1,513

1,513

EMPLOYMENT

$64 million

$64 million

ANNUAL PAYROLL

80

80

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 Tripp County compares

  • Tripp County ranks 28th of 66 South Dakota counties and county equivalents for employer businesses.

  • The number of employer businesses was unchanged between 2018 and 2023.

  • Transportation and warehousing makes up 8% of employer businesses in Tripp County, compared with 4% in South Dakota.

  • 80 employer businesses here have 5 to 49 employees.

  • Tripp County ranks 28th of 66 South Dakota counties and county equivalents for employer businesses.

  • The number of employer businesses was unchanged between 2018 and 2023.

  • Transportation and warehousing makes up 8% of employer businesses in Tripp County, compared with 4% in South Dakota.

  • 80 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 38 employer businesses

  • Health care and social assistance: 28 employer businesses

  • Accommodation and food service: 25 employer businesses

  • Repair, personal care and other services: 23 employer businesses

  • Transportation and warehousing: 17 employer businesses

The largest industries by number of employer businesses:

  • Retail: 38 employer businesses

  • Health care and social assistance: 28 employer businesses

  • Accommodation and food service: 25 employer businesses

  • Repair, personal care and other services: 23 employer businesses

  • Transportation and warehousing: 17 employer businesses

INDUSTRIES

What sells in Tripp County

Retail, health care and social assistance, accommodation and food service, repair, personal care and other services

Every kind of business we sell in Tripp County

These are the industries in Tripp 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.

Logistics & Transportation

17 related employer businesses in Tripp County.

Restaurants & Food

12 related employer businesses in Tripp County.

Automotive & Boat

10 related employer businesses in Tripp County.

  • Auto Repair: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Financial & Professional Services

10 related employer businesses in Tripp County.

Retail Stores

8 related employer businesses in Tripp County.

Medical Practices

6 related employer businesses in Tripp County.

Entertainment & Recreation

4 related employer businesses in Tripp 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.

Gas Stations & Convenience

4 related employer businesses in Tripp County.

  • Gas Stations: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

4 related employer businesses in Tripp County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Technology & Media

3 related employer businesses in Tripp County.

Wholesale & Distribution

3 related employer businesses in Tripp County.

These are the industries in Tripp 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.

Logistics & Transportation

17 related employer businesses in Tripp County.

Restaurants & Food

12 related employer businesses in Tripp County.

Automotive & Boat

10 related employer businesses in Tripp County.

  • Auto Repair: 7 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

  • Auto Parts: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.

Financial & Professional Services

10 related employer businesses in Tripp County.

Retail Stores

8 related employer businesses in Tripp County.

Medical Practices

6 related employer businesses in Tripp County.

Entertainment & Recreation

4 related employer businesses in Tripp 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.

Gas Stations & Convenience

4 related employer businesses in Tripp County.

  • Gas Stations: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Hospitality & Travel

4 related employer businesses in Tripp County.

  • Hotels: 4 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.

  • Motels: 4 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.

Technology & Media

3 related employer businesses in Tripp County.

Wholesale & Distribution

3 related employer businesses in Tripp County.

Working with owners in Tripp County

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

FREQUENTLY ASKED QUESTIONS

Questions owners in Tripp County ask

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

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

How is a business valued in Tripp 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 Tripp 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