Selling a Business in Vermilion County
Vermilion County has 1,300 employer businesses, and 85% 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 Illinois
LOCAL SNAPSHOT
Vermilion County by the numbers
1,300
1,300
EMPLOYER BUSINESSES
85%
85%
SMALL EMPLOYER SHARE
4,013
4,013
BUSINESSES WITH NO EMPLOYEES
23,008
23,008
EMPLOYMENT
$1.2 billion
$1.2 billion
ANNUAL PAYROLL
627
627
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 Vermilion County compares
Vermilion County ranks 23rd of 102 Illinois counties and county equivalents for employer businesses.
The number of employer businesses fell 5.2% between 2018 and 2023.
Retail makes up 17% of employer businesses in Vermilion County, compared with 11% in Illinois.
627 employer businesses here have 5 to 49 employees.
Vermilion County ranks 23rd of 102 Illinois counties and county equivalents for employer businesses.
The number of employer businesses fell 5.2% between 2018 and 2023.
Retail makes up 17% of employer businesses in Vermilion County, compared with 11% in Illinois.
627 employer businesses here have 5 to 49 employees.
Industry mix
The largest industries by number of employer businesses:
Retail: 217 employer businesses
Repair, personal care and other services: 181 employer businesses
Health care and social assistance: 162 employer businesses
Accommodation and food service: 146 employer businesses
Construction: 94 employer businesses
The largest industries by number of employer businesses:
Retail: 217 employer businesses
Repair, personal care and other services: 181 employer businesses
Health care and social assistance: 162 employer businesses
Accommodation and food service: 146 employer businesses
Construction: 94 employer businesses
INDUSTRIES
What sells in Vermilion County
Retail, repair, personal care and other services, health care and social assistance, accommodation and food service
Every kind of business we sell in Vermilion County
These are the industries in Vermilion 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.
Restaurants & Food
128 related employer businesses in Vermilion County.
Quick-Service & Fast Food: 49 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 41 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Liquor, Wine & Beer Stores: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 10 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Construction & Engineering
80 related employer businesses in Vermilion County.
General Contracting: 27 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 17 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Financial & Professional Services
60 related employer businesses in Vermilion County.
Insurance Agencies: 25 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 17 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 6 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 6 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
58 related employer businesses in Vermilion County.
Hardware, Garden & Building: 17 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 17 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
53 related employer businesses in Vermilion County.
Auto Repair: 25 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 11 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 4 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Medical Practices
49 related employer businesses in Vermilion County.
Primary & Family Care: 19 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 12 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 5 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.
Mental & Behavioral Health: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Logistics & Transportation
46 related employer businesses in Vermilion County.
General Freight Trucking: 32 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Manufacturing
45 related employer businesses in Vermilion County.
Metal Fabrication: 15 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 10 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Printing & Plastics: 7 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 7 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 6 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Gas Stations & Convenience
34 related employer businesses in Vermilion County.
Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Entertainment & Recreation
31 related employer businesses in Vermilion County.
Bars & Pubs: 27 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 27 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.
Wholesale & Distribution
26 related employer businesses in Vermilion County.
Industrial & Construction Supply: 18 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Hospitality & Travel
14 related employer businesses in Vermilion County.
Hotels: 11 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 11 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Education & Childcare
13 related employer businesses in Vermilion County.
Daycare Centers: 13 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Beauty & Personal Care
12 related employer businesses in Vermilion County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Home Services
12 related employer businesses in Vermilion County.
Residential Cleaning: 5 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 5 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 3 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Health & Fitness
11 related employer businesses in Vermilion County.
Gyms & Health Clubs: 8 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 8 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 8 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 8 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Energy & Utilities
10 related employer businesses in Vermilion County.
Waste Management & Recycling: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Pharmacies & Medical Supply
8 related employer businesses in Vermilion County.
Compounding Pharmacies: 8 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 8 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Senior Care & Living
8 related employer businesses in Vermilion County.
Non-Medical Home Care: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
These are the industries in Vermilion 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.
Restaurants & Food
128 related employer businesses in Vermilion County.
Quick-Service & Fast Food: 49 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 41 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Liquor, Wine & Beer Stores: 15 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Coffee Shops: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 10 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Construction & Engineering
80 related employer businesses in Vermilion County.
General Contracting: 27 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 17 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 17 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Interior Finishing: 9 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 9 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Electrical: 8 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Foundation & Site Prep: 7 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Civil Engineering: 3 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Financial & Professional Services
60 related employer businesses in Vermilion County.
Insurance Agencies: 25 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Accounting & Tax Practices: 17 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Real Estate Brokerages: 6 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 6 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Retail Stores
58 related employer businesses in Vermilion County.
Hardware, Garden & Building: 17 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 17 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Fashion, Apparel & Jewelry: 11 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Home Decor & Furniture: 9 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Electronics & Repair: 4 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
53 related employer businesses in Vermilion County.
Auto Repair: 25 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 11 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 7 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 6 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 4 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Medical Practices
49 related employer businesses in Vermilion County.
Primary & Family Care: 19 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 12 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Physical Therapy & Rehab: 7 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Veterinary Medicine: 5 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.
Mental & Behavioral Health: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Logistics & Transportation
46 related employer businesses in Vermilion County.
General Freight Trucking: 32 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Warehousing & Fulfillment: 14 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Manufacturing
45 related employer businesses in Vermilion County.
Metal Fabrication: 15 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Food & Beverage Manufacturing: 10 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Printing & Plastics: 7 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 7 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 6 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Gas Stations & Convenience
34 related employer businesses in Vermilion County.
Gas Stations: 34 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Entertainment & Recreation
31 related employer businesses in Vermilion County.
Bars & Pubs: 27 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 27 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.
Wholesale & Distribution
26 related employer businesses in Vermilion County.
Industrial & Construction Supply: 18 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 5 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 3 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Hospitality & Travel
14 related employer businesses in Vermilion County.
Hotels: 11 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 11 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 3 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Education & Childcare
13 related employer businesses in Vermilion County.
Daycare Centers: 13 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Beauty & Personal Care
12 related employer businesses in Vermilion County.
Hair Salons: 9 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 3 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 3 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Home Services
12 related employer businesses in Vermilion County.
Residential Cleaning: 5 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 5 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Property Management: 4 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Pest Control: 3 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Health & Fitness
11 related employer businesses in Vermilion County.
Gyms & Health Clubs: 8 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 8 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 8 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 8 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 3 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Energy & Utilities
10 related employer businesses in Vermilion County.
Waste Management & Recycling: 4 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Propane & Fuel Distribution: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Water & Wastewater Services: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Pharmacies & Medical Supply
8 related employer businesses in Vermilion County.
Compounding Pharmacies: 8 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 8 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Senior Care & Living
8 related employer businesses in Vermilion County.
Non-Medical Home Care: 5 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 3 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Working with owners in Vermilion County
Business Advisors of America works with owners who are selling a business in Vermilion County. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in Vermilion County ask
How long does it take to sell a business in Vermilion County?
The time depends on the price, the quality of the records and the number of qualified buyers.
How is a business valued in Vermilion 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 Vermilion 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